India

Renewable Certificate Sales Fall 2.25% in October, Down to 6.87 Lakh

Sales of renewable energy certificates dipped 2.25 percent to 6.87 lakh units in October as compared to 7.03 lakh in the same month a year ago Sales of renewable energy certificates (REC) dipped 2.25 percent to 6.87 lakh units in October as compared to 7.03 lakh in the same month a year ago due to lower supply, […]

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Tariff Relief For Welspun, NSEFI Through APTEL in Tamil Nadu

The Appellate Tribunal for Electricity (APTEL), the final authority, other than the Supreme Court, for adjudicating on power-related issues, has provided relief to Welspun Renewables Energy Private Limited, in its appeal against an order of the TNERC. (Tamil Nadu Electricity Regulatory Commission) with the TANGEDCO as co-respondent. The TNERC order was passed on 28th March […]

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Azure Power Quarterly Revenue up 28% at $40.3 Million

Azure Power has announced its consolidated results under the United States GAAP for the fiscal Q2 2020, reporting an increase in revenue of 28 percent Azure Power, a leading independent solar power producer in India, has announced its consolidated results under the United States Generally Accepted Accounting Principles (GAAP) for the fiscal second quarter 2020, […]

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Sterling and Wilson Solar Net Profit up 36% in Q2 2019, Stock Slumps

Sterling and Wilson Solar has reported a 36 percent rise in consolidated net profit at Rs 79.40 crore for the second quarter of this fiscal. Sterling and Wilson Solar on November 15, 2019, issued its financial results for the quarter ended September 30, 2019, reporting a 36 percent rise in consolidated net profit at Rs 79.40 crore […]

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TBEA To Open GW-class PV Inverter Facility in India on November 29

TBEA Xi’an Electric Technology Co. Ltd., an arm of TBEA Group, will inaugurate its GW-class photovoltaic (PV) inverter facility in India on November 29 this year. The firm has emerged as a strong player from its base in China, establishing 2 R&D centers in Xi’an and Munich, Germany. With more than 10 major scientific research […]

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ISTS Charges Waived for Solar & Wind Projects Commissioned by 2022

Ministry of Power has announced that ISTS charges for solar and wind energy projects will be waived off if they are commissioned before December 31, 2022 The Ministry of Power (MoP) has announced that the Interstate Transmission System (ISTS) charges and losses on the transmission of electricity generated from solar and wind energy projects will […]

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Magenta Power Ties up With Lodha Group for EV Charging Solutions

Magenta Power has tied up with Lodha Group to provide complete end to end EV charging solutions in their upcoming projects at Dombivli and Thane, Mumbai. Magenta Power, a leading electric vehicle (EV) charging solutions provider in India has announced that it has tied up with Lodha Group, listed amongst the coveted real estate developer, […]

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Uttarakhand to Empanel Bidders for 10 MW Rooftop Solar Projects

UPCL has issued an EoI for the empanelment of vendors for grid-connected rooftop solar power projects ranging in capacity between 1 kW-500 kW in Uttarakhand The Uttarakhand Power Corporation Limited (UPCL) has issued an Expression of Interest (EoI) for the rate contract and empanelment of eligible bidders and vendors for grid-connected rooftop solar power projects […]

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BHEL Tenders For Solar Cable for 175 MW Gujarat Projects

BHEL has issued two tenders for the supply of solar cable for two solar projects in Gujarat worth a combined 175 MW capacity Bharat Heavy Electricals Limited (BHEL) has issued two tenders, inviting bids from eligible vendors for the supply of solar cable for two solar projects in Gujarat worth a combined 175 MW. The […]

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