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India-Ra Report Predicts Rs 59,000 Crore Losses At Discoms in Fy 21-22

India Ratings Research (Ind-Ra) has released a ready reckoner on financial health of discoms for 2021-22. Ind-Ra has used the data from Power Finance Corporation Limited’s (PFC) report on Performance of State Power Utilities 2019-20, tariff orders from state electricity regulatory commissions and annual reports to carry out the analysis and make FY22 estimates. In […]

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Buying An EV in India: Tax, Incentives, Rebates

Switch to EVs in India has become a necessity as the nation aims toward its goal of carbon neutrality by the year 2070, as announced at CoP26, 2021. The recent upsurge in fuel prices has also smoothened the road for EV’s. And helping it along is a slew of incentives from the government to help […]

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IEX April’22 update: solar prices at Rs 7.79/unit in GTAM market

In the first month of the new fiscal year 2023, the Indian Energy Exchange (IEX) achieved 7574 MU volume across all the market segments comprising 6989 MU in the conventional power market, 336 MU in the green power market, and 249 MU (2.49 lac Certificates) in the REC Market, according to a new press release. […]

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Deputy Team Leader cum Senior Bridge Engineer

Plans, directs, and supervises all operations included in a large, complex project or several moderately sized projects with greater risk and complexity, and significant financial impact. Resolves complex issues. Manages projects on a local to national basis achieving quality outcomes, financial performance and client satisfaction. Successfully develops strategy, prepares proposals, negotiates contracts, and executes project(s). […]

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Adani Solar Expands Retail Footprint With Channel Partner Appointment In Tamil Nadu

Adani Solar, the Adani Group’s solar manufacturing arm, has  announced the launch of its retail distribution business in Tamil Nadu with Festa Solar as the official channel partner for the region. Adani Solar has now extended its reach to more than 2,500 towns for the distribution of solar panels in India. Through this partnership with […]

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Tripura’s Forest dept seeks to set up solar-powered fences to avert man-jumbo conflict

The forest department in Tripura has moved a proposal before the state government for erecting solar-powered electric fences around some villages in Khowai district’s Teliamura subdivision, where several instances of elephant attacks in the recent past left at least one man dead and many others injured, a senior official told a news agency. Atharamura hill, […]

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How are national oil companies tackling energy transition: Woodmac

Despite their scale, national oil companies (NOCs) have until now largely escaped the heavy scrutiny experienced by international oil companies (IOCs) around emissions. Partly as a consequence, the energy transition strategies of most NOCs significantly lag those of their leading IOC peers, says Wood Mackenzie. NOCs account for more than half of global oil and […]

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Three Solar Parks Planned for Odisha: RK Singh, MNRE Minister

Union Minister for New and Renewable Energy, R.K Singh has announced that the Central Government has approved three solar power parks for the state of Odisha under the Solar Park Scheme. The cumulative capacity of all the three parks will be 340MW. In a written reply to a question asked in the Rajya Sabha, the […]

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Omega Seiki Mobility, ElectroRide to Set Up 500 Dealer network in 2 Years

Indian electric vehicle (EV) manufacturer Omega Seiki Mobility (OSM) has partnered with ElectroRide to come up with more than 500 dealerships across India. The network will be created by the end of financial year 2024. ElectroRide is an arm of Goenka Green Private Limited and OSM belongs to the Anglian Group Company. Omega Seiki Mobility […]

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