Author: Prasanna Singh

SECI’s Tranche V Hybrid Auction for 1200 MW Goes At Rs 2.53/Unit

In results that most industry watchers will consider more than good enough, SECI has managed to attract winning bids at Rs 2.53/unit from Tata Power, NTPC and AMP Energy at Rs 2.53 each for it 1200 MW Hybrid auction. The winning bids, while higher than the last Hybrid auction which attracted bids at Rs 2.34 […]

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Shell Signs Agreement To Acquire Sprng Energy Group For $1.55 Billion

Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), today signed an agreement with Actis Solenergi Limited (Actis) to acquire 100% of Solenergi Power Private Limited for $1.55 billion and with it, the Sprng Energy group of companies. Sprng Energy supplies solar and wind power to electricity distribution companies in India. Its […]

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SECI Extends Deadline for Floating Solar At Getalsud Dam, Ranchi

The Solar Energy Corporation of India (SECI) has extended the last date for submission of bids for the Design, Engineering, Supply, Construction, Erection, Testing & Commissioning of 100 MW (AC) Floating Solar PV Project having 10 years plant O&M at Getalsud Dam, Ranchi, Jharkhand. Like most large floating solar projects, plans for a plant at […]

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Ahmedabad based Tirex Transmission Secures funding of $2 Million

TIREX Transmission, a firm focused on  EV charger manufacturing has announced the infusion of $2million from an ultra HNI investor. This $2 million funding will fuel Tirex Transmisson Private Limited’s Growth and R&D efforts for international markets where USA is the first country of focus. Founded by Sanskar Patel, Tirex Transmisson Private Limited started its […]

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Draft Battery Swapping Policy From Niti Aayog- Key Points

The much awaited Draft Battery Swapping Policy is finally out. Released by the Niti Aayog, the new policy is widely expected to give a push to the EV transition, by helping add incentives for manufacturers, lower costs for consumers, and setting standards for interoperable batteries. A battery swapping policy is seen by many experts as […]

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Renewable PPA’s In Europe Surge 8.1% QoQ

European renewable PPA prices surged 8.1% quarter over quarter and 27.5% year over year, with the crisis in Ukraine the latest development to the deepening energy crisis, according to LevelTen Energy’s European Q1 2022 PPA Price Index, released today. Despite this uncertainty, demand for renewables has remained strong causing a shortage of projects for buyers. The […]

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