India

Covid-19: Gautam Adani and ‘Parivaar’ Commits to Support India in Testing Times

Ahmedabad-based multinational conglomerate Adani Group Chairman Gautam Adani along with his ‘Parivaar’, employee workforce, has committed towards India’s fight against coronavirus pandemic. Last week, the Adani Foundation, a CSR arm of Adani Group, contributed Rs 100 crore towards PM’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund). Now, its employees have contributed […]

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Yinson Forays into Renewable Energy via Buying 37.5% Stake in Indian IPP

Malaysian company Yinson, via its arm Yinson Renewables (S) Pte Ltd, has forayed into the renewable energy segment and bought 37.5 percent stake in the Indian Independent Power Producer (IPP) Rising Sun Energy Pvt Ltd (RSE). The company said that it has signed “multiple agreements to acquire a 37.5 percent equity interest in RSE, a […]

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MNRE Asks States to not Halt Payments for RE Generators

MNRE has asked states to continue to buy power from renewable energy producers and clear their dues on a regular basis as was being done prior to the lockdown The Ministry of New and Renewable Energy (MNRE) has asked states to continue to buy power from renewable energy producers and clear their dues “on a regular basis […]

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CCI Approves JV Between Adani Green Energy and Total SA

Fair trade regulator CCI has notified that it has approved the formation of the JV between Adani Green Energy Ltd and Total S.A. Fair trade regulator CCI has notified that it has approved the formation of the joint venture (JV) between Adani Green Energy Ltd (AGEL) and Total S.A. As per a combination notice filed with the […]

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NTPC, Employees Contribute Rs 257.5 Cr to Combat COVID-19

NTPC has announced a contribution of Rs 257.5 crore to the PM-CARES Fund to support the fight against the spread of the novel coronavirus (COVID-19). State-run power giant NTPC has announced a contribution of Rs 257.5 crore to the PM-CARES Fund to support the fight against COVID-19. While Rs 250 crore has been given by the company, NTPC employees […]

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MERC’s Take On Solar Rooftop Sets The Benchmark

In a critical decision for solar rooftop sector in Maharashtra, the state regulator, Maharashtra Electricity Regulatory Commission (MERC) has settled the Grid Support Charge (GSC) issue for good, it seems. With this, state consumers and installers can hope for a much better time for solar rooftops, hopefully. The announcement, hidden deep in the detailed tariff […]

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As Power Demand Slumps, RE Generators Brace For Impact

The coronavirus pandemic has created some of the most unprecedented situations ever faced by the energy sector in India. For one, demand has never dropped off as steeply as it has in March. For possibly the first time ever in living memory, a slump in global oil prices has stopped delivering any revenue benefits to […]

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MNRE Issues Draft Guidelines for Installation of Innovative Stand-Alone Solar Pumps

MNRE has issued draft guidelines for the installation of innovative stand-alone solar-powered pumps under its varied schemes. The Ministry of New and Renewable Energy (MNRE) had issued updated specifications for stand-alone solar pumps in July last year. And since then it claims to have received representations from innovators claiming that by using different design/software for […]

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