India

NSEFI Urges Govt to cap RE Tariff at Rs 3/Unit under SECI/NTPC Auctions

NSEFI has urged the government to cap tariff from all renewable energy sources at Rs 3 per unit for auctions by state-owned SECI and NTPC. The National Solar Energy Federation of India (NSEFI), an umbrella organization of all solar energy stakeholders of India, has urged the government to cap tariff from all renewable energy sources at Rs 3 per unit […]

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BHEL Bags Rs 100 cr EPC Order for 25 MW Floating Solar Plant

BHEL has won an order for setting up a 25 MW floating solar power plant on EPC basis, at Simhadri in Andhra Pradesh from NTPC Ltd. Bharat Heavy Electricals Limited (BHEL) has won an order for setting up a 25 MW floating solar photovoltaic (SPV) power plant on Engineering, Procurement and Construction (EPC) basis, at […]

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AIIB Grants $100 mn to L&T Finance arm for Green Energy Funding

AIIB will provide $100 million in loans to L&T Infrastructure Finance Company for on-lending to green energy infrastructure projects in the country. Beijing-headquartered multi-lateral developmental lender Asian Infrastructure Investment Bank (AIIB) recently announced that it will provide $100 million in loans to L&T Infrastructure Finance Company for on-lending to green energy (wind and solar power) infrastructure […]

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Indian Renewable Sector Received $4.8 bn FDI in Last 5 Years

The renewable energy sector in India has received $4826.65 million in FDI over the last five financial years, Power Minister R K Singh has informed The renewable energy sector in India has received $4826.65 million in Foreign Direct Investment (FDI) over the last five financial years, Power Minister R K Singh informed the Parliament on […]

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Greenko Raises $824 mn in Equity Funding From GIC and ADIA

Greenko has announced the signing of definitive agreements for a primary equity funding of $824 million from an affiliate of GIC and by the ADIA Hyderabad-based Greenko Energy Holdings, one of India’s leading renewable energy companies, has announced the signing of definitive agreements for a primary equity funding of US$ 824 million, which includes a […]

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Tata Planning Rs 4000 Cr Li-Ion Battery Manufacturing Plant in Gujarat

Tata Group is planning to set up a multi-crore lithium-ion battery plant in Gujarat’s DSIR area according to a senior state government official According to Jaiprakash Shivhare, managing director, Dholera Industrial City Development Limited (DICDL), Tata Group, has committed an investment of Rs 4,000 crore to set up a lithium-ion battery plant in Dholera Special […]

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IL&FS Energy arm Puts Stake in 2 Wind Energy Assets on Sale

IL&FS Energy Development Company, a subsidiary of the crisis-hit IL&FS, has invited EoI to sell its stake in two wind energy assets Going ahead with its monetisation process, IL&FS Energy Development Company, a subsidiary of the crisis-hit IL&FS, has invited expressions of interest (EoI) to sell its stake in Sipla Wind Energy Ltd and Mahidad Wind Energy Private Ltd. […]

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10 GW RE Capacity Added Under Green Energy Corridor: RK Singh

India has added 10261 MW of renewable energy capacity to its transmission network under the Green Energy Corridor project India has added 10261 MW of renewable energy capacity to its transmission network under the Green Energy Corridor project, Minister of Power and New and Renewable Energy, R K Singh has confirmed in a written response […]

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SECI Extends Deadline for 20 MW Floating Solar Projects in Lakshadweep

SECI extends the bid submission deadline for setting up of 20 MW floating solar plants with associated 60 MWh BESS at Lakshadweep. The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for setting up of 20 MW floating solar PV power plants with associated 60 MWh Battery Energy Storage System (BESS) […]

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