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PXIL Celebrates 12th Year Anniversary with Cumulative Volume Growth

Power Exchange India Ltd (PXIL) has notched up significant market share in electricity trading during the last few months. Ever since the jump-start of Day Ahead Spot (DAS) from August 25, 2020, there has been consistent participation from the most active participants in the market. The price formation has demonstrated convergence, even with small volumes […]

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MNRE Issues Guidelines for Procurement of Wind-Solar Hybrid Power

MNRE has issued the guidelines for the procurement of power/ electricity from wind-solar hybrid power projects through a transparent bidding process. The Ministry of New and Renewable Energy (MNRE) in its latest notification has issued the guidelines for the procurement of power/ electricity from wind-solar hybrid power projects through a transparent bidding process. Addressed to […]

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Discoms Could Save ~Rs 22K Cr due to Indexed RE Tariff: IEEFA & CEEW

“Our modelling shows that the Discoms could save up to Rs 21,880 crore over the next five-year period under a partially indexed tariff structure” The inflation indexation of tariffs for future solar capacity could provide much-needed financial respite to the distressed power distribution sector (Discoms) and help India move away from coal-fired power, according to […]

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Schneider Electric Solar Expands Its Energy Management Ecosystem with New Smart Edge Devices

Schneider Electric Solar announced InsightHome and InsightFacility, their newest additions to the Insight Energy Management ecosystem. Both InsightHome and InsightFacility are smart edge devices that connect customers’ Schneider Electric solar and storage systems to the Insight app. InsightHome targets the residential solar and storage market globally. InsightFacility is for large residential and commercial solar and […]

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Engie EPS Unveils Hydrogen-Based Energy Storage System in Greece

Engie EPS has unveiled its hydrogen-based energy storage system built with its proprietary technology in Greece. Engie EPS, has announced the unveiling of the hydrogen-based energy storage system built with its proprietary technology in Agkistro, Greece. The Agkistro site, presented in October in an event attended by numerous representatives of Greek authorities and of the […]

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REC Tenders for Solar Street Lights in Rural and Tribal Areas of Nashik

REC has tendered for the procurement and installation of 1650 solar street lights in the rural and tribal areas of Nashik district of Maharashtra. The Rural Electrification Corporation (REC) through its REC Foundation has issued tender for the engagement of PMA/ implementing agency for the procurement and installation of 1650 solar street lights in the […]

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GAIL Seeking PMC Services for 2.64 MW Rooftop Solar Project

GAIL has issued a tender for the hiring of PMC services for setting up a 2.64 MW rooftop solar power project at the GAIL Pata Plant in Uttar Pradesh. GAIL (India) Limited, the largest state-owned natural gas processing and distribution company and the youngest Maharatna, has issued a tender for the hiring of Project Management […]

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Andhra Pradesh Planning for 7 Storage Plants Worth Nearly 6300 MW

The Andhra Pradesh Government is planning to set up seven Pumped Hydro Storage Power Projects (PSP) in the state, to balance renewable energy projects. The state government of Andhra Pradesh is planning to set up seven Pumped Hydro Storage Power Projects (PSP) as part of its decision to promote new renewable energy power plants in the […]

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MNRE’s Draft Policy Framework for DRE Open For Comments Till Nov 2

In an office memorandum issued on October 19, the MNRE (Ministry of New and Renewable Energy) has issued a Draft Policy Framework for DRE (Distributed Solar Energy) to promote DRE livelihood applications in rural areas of the country. The aim is to provide a conducive environment for the development and large-scale adoption of these applications. […]

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