India

Adani Green Energy Offers 8.75 Crore Shares For Sale

Adani Tradeline LLP and Universal Trade and Investment together would offer 8.75 crore equity at an offer price of Rs 43 per piece and the OFS will open for one day on Tuesday, May 21, 2019. Adani Green Energy has issued in a statement that two of its promoters Adani Tradeline LLP and Universal Trade […]

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The Case for the benefits of Rooftop Solar for Discoms

Energy and environment think tank, The Energy and Resources Institute (TERI) recently published an article  highlighting the positive impact rooftop solar can have on the countries struggling discoms, which have arguably been among the leading causes for the slow adoption of solar rooftop solutions. India has committed to 175 GW of Renewable Energy by 2022. […]

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Oriano Solar Completes 9 Projects For Cleantech Solar

Solar EPC service expert, Oriano Solar has announced the completion of nine solar PV power projects worth a combined 13.75 MW for Cleantech Solar. The nine projects have been developed across seven states and union territories for the clean energy solutions provider over the last six months. Projects have been set up in Maharashtra, Madhya […]

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Over Rs 150 Crore Rooftop Solar Power Scam Surfaces in JAKEDA

A multi-crore scam has surfaced in Jammu and Kashmir Energy Development Agency (JAKEDA). Solar Projects worth Rs 155 crore for supply, installation and commissioning of roof top solar power plants were allotted to 10 firms without any tenders while the 14 other firms which qualified in the tendering process got just Rs 42.35 crore contract, […]

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Panasonic Launches Smart EV Charging Service ‘Nymbus’ in India

Japanese electronic major, Panasonic has launched the first of its kind smart EV charging service in India – Nymbus. A futuristic charging service combines physical components such as charging stations, swap stations, onboard charges, telematics systems and the virtual components like cloud service, analytics, intuitive dashboard, and artificial intelligence to deliver a one-stop solution. It […]

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Deadline Extension For 31.12 MW Rooftop Solar Tender in Telangana

The last date for bid submission has been extended to May 27, 2019 The Telangana State Renewable Energy Development Corporation (TSREDCO) has issued a new corrigendum for its tender for the development of 31.12 MW of grid-connected rooftop solar PV system scheme in Telangana under Net Metering or Captive through RESCO mode. In its corrigendum, […]

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Amplus Solar to Invest Rs 750 Cr on 150MW Govt Projects in Haryana

“These projects also provide steady flow of income to the local populations during construction and operation of the plant. We essentially are creating a clean technology based ecosystem to support the local population for a better livelihood for current as well as future generation,” Aggarwal added. As part of its Rs 1,000 crore investment plan, Gurgaon-based […]

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Japan’s Orix Corporation to Buy Out 7 Wind Energy Farms of IL&FS

The intent to buy 51 percent stake is in the exercise of Orix’s right under the terms of an existing MoU, wherein Orix can match the price offered by the highest bidder for purchasing IWEL’s stake in the wind SPVs. Japanese financial services group, Orix Corporation, which owns a minority stake of 49 percent in […]

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BHEL Seeking Auxiliary Transformers For 129 MW SCCL Solar Plant

The last date for bid submission is June 3, 2019 Bharat Heavy Electricals Ltd. (BHEL) has issued a tender, inviting quotations for supply of auxiliary transformers for the 129 MW Singareni Collieries Company Ltd. (SCCL) solar PV power plants in Telangana. The brief scope of work for the selected bidders will include the design, engineering, […]

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