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APTEL Determines Interim CUF at INR 5.71 Per Unit for ODisha Hydro Project

The Appellate Tribunal for Electricity (APTEL) has accepted the plea of Baitarani Power Project Private Limited contending the previous order of the State Commission, which had reduced its project tariff for a 24 MW small Hydro Electric Project to INR 5.03 per unit. The order had been passed by the Odisha Electricity Regulatory Commission in […]

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Serentica Renewables Seals 1.25 GW Round-The-Clock Green Energy Agreements

Serentica Renewables has announced that it has signed over 1.25 GW of new Power Delivery Agreements (PDAs) with multiple industrial customers. This is in addition to the 580 MW PDAs that were signed in March 2023. To ensure the round-the-clock green energy needs of its customers, Serentica will install 4 GW of renewable energy capacities […]

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PFC Invites Bids for Evacuation of 1.5 GW Renewable Energy

PFC Consultancy Limited, a wholly-owned subsidiary of Power Finance Corporation Ltd has invited proposals for setting up of transmission projects on Build, Own, Operate and Transfer (BOOT) basis following single stage two envelope process of Request for Proposal (RFP). The Request for Proposal is for the selection of bidder as transmission service provider through tariff-based […]

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Travails At Siemens Gamesa Could Signal Hiccups Ahead For Wind Energy, Again

Siemens Gamesa, a subsidiary of Siemens Energy, is currently facing challenges in multiple countries. Since its complete takeover by Siemens Energy last year, Siemens Gamesa has been lurching from one problem to another. Parent firm Siemen’s recent announcement of reducing its ownership stake in Siemens Gamesa by 6.8 per cent, bringing it down to 25.1 […]

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SECI & GUVNL Sign Battery Energy Storage Supply Agreement for 150 MW/300 MWh

The Solar Energy Corporation of India (SECI) has entered into an agreement with Gujarat Urja Vikas Nigam Ltd (GUVNL). The BESSA (Battery Energy Storage Supply Agreement) signed between the two firms is for 150 MW/300 MWh. The agreement was signed at Vadodara. SECI has been frequently been issuing tenders for solar projects that entail BESS […]

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Tresa Motors introduces India’s first Electric Truck for the Global Market

Bengaluru-based  Tresa Motors has unveiled its first electric Truck, the Model V0.1, built on its groundbreaking Axial Flux Motor Platform: FLUX350.  Founded by Rohan Shravan and Ravi Machani in 2022, Tresa’s core competencies are in industrial design, electric powertrain and battery related technologies. It currently is developing electric trucks in the 18T-55T GVW segment and […]

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Central University of Himachal Pradesh Sets up Green Hydrogen Research Laboratory

A Green Hydrogen Research Laboratory has been established in the Central University of Himachal Pradesh (CUHP). Vice-Chancellor Prof Sat Prakash Bansal held that the set up of its Green Hydrogen Research Laboratory is an important step with respect to sustainable energy research. “This laboratory has been established in line with the vision set by our […]

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Ministry Of Power Notifies Domestic Carbon Credit Market Scheme

  The Ministry of Power has now notified the Indian Carbon Credit Market Scheme to boost the trading of carbon credits in the country. The scheme provisions talk about how the market would be governed in the country. The scheme proposed the constitution of a National Steering Committee, which will govern the Indian Carbon Credit […]

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India Gets Ready To Roll Out Its Domestic Carbon Credit Market Scheme

Around a year after the Indian Parliament passed the Energy Conservation Bill 2022, the final draft of a scheme meant to govern the Indian domestic carbon credit market is close to completion. This legislation mandated the government to come out with rules to create a local carbon credit market.  According to officials in the concerned ministries, […]

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