Author: Chitrika Grover

BluPine Energy Gets Rs. 239 Cr Funds For Solar Project In Chhattisgarh

BluPine Energy recently acquired Rs. 239 Crore in financial assistance from Tata Capital. The company plans to use these funds for a solar power project in Chhattisgarh. BluPine Energy’s 75-megawatt project is estimated to create over 117 million units (MUs) of electricity per year. It’s expected to offset more than 107,000 tonnes of CO2 emissions, […]

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Gov Extends E-Mobility Scheme With A Budget Of Rs 778cr

In 2019, the Indian government approved the ‘Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II)’ to promote electric mobility. Recently, the government extended the duration of the Electric Mobility Promotion Scheme (EMPS) 2024 by two months, now running until September 30, 2024. Additionally, the scheme’s outlay has been […]

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SECI Issues Tender To Establish Solar Project In Ladakh

In a bid to increase solar projects in the Leh region of the Union Territory (UT) of Ladakh, the Solar Energy Corporation of India (SECI) released a tender seeking bids to develop a 12 MW solar PV power plant system at Phey, Leh, UT of Ladakh. SECI said that the last date to submit bids […]

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L&T Gets Multiple Order To Build Grid Elements In India, Abroad

Larsen & Toubro (L&T) recently received multiple orders to set up transmission networks and substations in India and abroad. The Power Transmission & Distribution (PT&D) business of Larsen & Toubro recently won new orders to support develop an interconnected electricity network in India and abroad. The Power Transmission & Distribution (PT&D) business vertical of L&T […]

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JSW Neo Secures 192 MW Hybrid Power Project From GUVNL

JSW Neo Energy Limited (JSW Neo), received a Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Limited (GUVNL), for a 192 MW grid-connected hybrid power project, including an additional 96 MW under the green shoe option. JSW Neo Energy, a subsidiary of JSW Energy was awarded this project against a tariff-based competitive bid invited […]

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SECI’s FDRE Tender Breaks New Ground With sub 5 Tariff at Rs 4.98/unit

In a historic moment, the country has witnessed awarding of Firm and Dispatchable Renewable Energy (FRDE) contracts at tariffs as low as Rs 4.98 per unit. This came in response to a tender issued by the Solar Energy Corporation of India (SECI) for a 630 MW of FDRE power. The move is likely to boost […]

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SJVN Secures First Pumped Storage Project In Mizoram

SJVN recently announced that it received a Letter of Intent (LoI) for the allotment of the 2,400 MW Darzo Lui Pumped Storage Project (PSP) from the Mizoram government. This is the first project of the company in Mizoram. Th SJVN project is spread across Darzo Nallah, a tributary of the Tuipui River in Mizoram. The […]

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Green Stocks July 24: Borosil Renewables Continues Its Growth In Stock Market

The day following the budget announcement, Borosil Renewables’ stock price stayed at the top with an 8% growth, followed by Shakti Pumps and Suzlon Energy making progress with a 5% rise. The firm also had maintained an 8 percent growth yesterday after the Union Budget announced imposing a new custom duty against the imports of […]

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Maharashtra Leads In Country In Hosting EV Charging Stations Along NH: Gadkari

Maharashtra leads in the country for hosting the highest number of electric vehicle charging stations in the country, data shared by the Union Minister for Road Transport and Highways said. The minister recently shared the data related to the EV charging stations before the Parliament in a written reply.  As per the details shared by […]

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