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MNRE Proposes to Hold Bids for 7215 MW Offshore Wind in Tamil Nadu

The Ministry of New & Renewable Energy (MNRE) has proposed to hold bids for the allocation of offshore wind sites off the coast of Tamil Nadu through its nodal agency ‘National Institute of Wind Energy (NIWE)’. This initiative will look at the development of offshore wind energy projects for sale of power under Open Access […]

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Sterling and Wilson Renewable Bags Third Order from NTPC REL at Khavda

Sterling and Wilson Renewable Energy Limited (SWRE) has announced that it has received the Notification of Award for the EPC project of 300 MWac of NTPC Renewable Energy Limited (NTPC REL) at Khavda RE Power Park, Rann of Kutch, Gujarat. The total contract price, including O&M for three years, would be INR 1,535 crore (inclusive […]

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Lohum Stakes Claim To Be First Outside China to Extract Pure Metallic Lithium

LOHUM, a producer of sustainable energy transition and battery materials has announced the recovery of pure Lithium metal, through recycling. This is  amongst the slew of initiatives by the firm comprising new closed-loop ecosystem achievements. LOHUM, through its integrated recycling, repurposing, and refining system claims to have become among the first five companies to globally […]

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Canada’s Brookfield Asset Management Adds $845 Mn for JV with Axis Energy

Canadian investor in renewable energy, Brookfield Asset Management has announced a second joint venture with Telangana-headquartered clean energy firm, Axis Energy Ventures. Brookfield Asset Management will invest worth $845 million in solar and wind energy projects of the Indian firm. The investment is being made from the Brookfield Global Transition Fund II to accelerate countrywide […]

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KSB Ltd Pockets Order for 800 Solar Water Pumping Systems from UP Govt

Pune-headquartered firm, KSB Limited, which delves into the commissioning, inspection, servicing and maintenance of pumps, has received a letter of award for 800 solar water pumping systems under PM-Kusum III Scheme under Component B. The value of the order is pegged at INR 27.78 crores and been awarded by the Department of Agriculture, Uttar Pradesh. […]

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KP Energy Bags 464.10 MW BoS Package for Wind Energy Project from NTPC REL

KP Energy Limited has been awarded a contract through the Notification of Award (NOA) for the development of a 464.10 MW Balance of System package for an Inter-State Transmission System (ISTS) connected wind energy project to be developed in the state of Gujarat. The contract has been awarded by NTPC Renewable Energy Limited (NTPC REL) […]

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SCCL Issues Tender for 67.5 MW Ground Based Solar PV Plant

Singareni Collieries Company Limited (SCCL) has issued  a tender for design, engineering, supply, construction, erection, testing and commissioning of 67.5 MW (AC) ground based solar PV power plant along with 10 years plant O&M at SCCL. The last date for submission of bids to SCCL is September 29, 2023. The bidder shall submit an EMD […]

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Deeptech Startup Oorja Raises $1.5 Million in Pre-Series A Funding

Oorja, a Bengaluru-based deep tech startup, that uses a combination of Physics and Machine Learning to perform predictive modelling, today announced that it has raised $1.5 million in seed funding. The funding round was led by Micelio Fund, which claims to be the first venture capital fund in India dedicated to sustainable innovation in the […]

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Solar Bids Below Rs 2? BCD Holds Up Solar Tariffs In India

Even as prices of China-made solar cells and modules continue to slide to unprecedented lows, power consumers are likely to benefit only partially, thanks to the Basic Customs Duty (BCD) of 40 percent that the government has on module imports, besides the 25% on solar cell imports. While the drop in prices is welcome to […]

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