India

PXIL Kicks Off Real Time Market Trade for Power Transaction in India

NSE and NCDEX promoted Power Exchange India Ltd (PXIL) has kick-started its first Real Time Market (RTM) trade in India for delivery of electricity effective from today i.e. June 01, 2020. The first trade was conducted by clients of Kreate Energy Pvt Ltd and PTC India Ltd on the PXIL’s platform, and the initial auction […]

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WB Industrial Consumers Took Legal Action against Power Utilities on Fixed Charges

Industrial consumers in West Bengal (WB) has dragged power utilities in the state to court after their plea for relief on fixed charges among other demands in the lockdown was rejected. Moreover, nodal agency West Bengal Electricity Regulatory Commission (WBERC) had also paid no heed to their demands, when they approached the regulator, the high-tension […]

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PPA for Thermal Plant with Adani Power in MP Raises Important Questions

The May 27 announcement by Adani Power of a 1320 MW thermal power deal in Madhya Pradesh raises more questions than it answers. The company’s subsidiary Pench Thermal Energy (MP) has signed a 25 year power purchase agreement (PPA) with MP Power Management Company (MPPMCL) for procurement of 1230 MW of electricity on long term […]

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REIL Tenders for BOS Work for Solar Projects at 2 SAIL Buildings

REIL has tendered for the supply of BOS equipment and the installation of solar projects worth 230 kWp at two SAIL warehouses in Bengaluru and Chennai Rajasthan Electronics and Instruments Limited (REIL) has issued a tender for the supply of BOS (Except SPV modules and inverters) equipment and the installation of solar PV projects worth a […]

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Top 10 Inverter Companies for Rooftop Solar in India

With India signed the Paris accord in 2015 to reduce its carbon footprints significantly by 2030, the road towards increasing the clean energy generation in the country’s aggregate energy mix opened. It provides the country with a new vision of achieving higher targets of (175 GW) renewable energy by 2022 and dampens the fossil fuel-based […]

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IEX Follows PXIL in Launching RTM for Electricity Transactions

IEX has today (June 1, 2020) launched the real-time electricity market (RTM) on its platform, to help utilities buy and sell power just an hour before the requirement. Energy trading platform Indian Energy Exchange (IEX) has today launched the real-time electricity market (RTM) on its platform, a move that will help utilities buy and sell power just an hour before the […]

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NHPC to Build 155 MW Hydro and 50 MW Solar Projects in Ladakh

NHPC is planning to develop three hydropower plants worth 155 MW and a solar power project worth 50 MW in the Union Territory of Ladakh. State-owned hydro power giant NHPC has announced that it is planning to develop hydropower plants and a solar project in the Union Territory of Ladakh. And with the view to […]

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MSME Solar Parks Feasible When State’s Lower Transmission Charges: Gadkari

Nitin Gadkari said the entry of MSME in the solar parks sector was a good idea, but would only be viable if state governments reduce transmission charges. Union Minister of Road Transport & Highways of India and Micro, Small and Medium Enterprises (MSME), Nitin Gadkari has said that he believes that the entry of MSME […]

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