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GGF Attracts €4 mn in Funding for Climate Action in MENA

GGF has attracted EUR 4 million in dedicated funding from the initiative Climate Action in the Middle East North Africa (CAMENA). The Green for Growth Fund (GGF), an impact investment fund advised by Finance in Motion, has attracted EUR 4 million in dedicated funding from the initiative Climate Action in the Middle East North Africa […]

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SLDC to Pay for Irregular Curtailment of Wind, Solar Power

If any SLDC curtails wind or solar power for any reason other than grid safety or security or as prescribed in respective grid code/ regulation, they shall be liable for making good the loss incurred by the wind or solar power generators towards deemed generation. The Ministry of New & Renewable Energy (MNRE) has issued an […]

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MNRE Clarifies on Payment Security Mechanism Directive for Gencos

The energy generated during the non-dispatch period shall be calculated on the basis of Capacity Utilization Factor as declared by the generators in Power Purchase Agreements. The Ministry of New & Renewable Energy (MNRE) has issued a clarification on the power ministry’s latest directive, which is applicable from today, for power distribution companies (dZiscoms) to […]

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IFC, EIB and Proparco to Finance Constriction of 2 Solar Plants in Senegal

Proparco, IFC and the EIB have granted loans totaling EUR 38 million for the construction and operation of two solar power plants in Senegal. Proparco, the International Finance Corporation (IFC) and the European Investment Bank (EIB) have granted loans totaling EUR 38 million for the construction and operation of two solar power plants in Senegal. […]

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EBRD Grants €149 Million Loan to Upgrade Ukraine’s Transmission

European Bank for Reconstruction and Development (EBRD) has announced that it will provide a €149 Million Loan for the upgrade of Ukraine’s transmission network The European Bank for Reconstruction and Development (EBRD) has announced that it will provide a €149 Million Loan to support the upgrade of Ukraine’s transmission network. The investment will help Ukrenergo upgrade […]

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Land Acquisition, Infrastructure Still Major Roadblocks for Wind Projects: Report

Even as amendments have been made to bidding guidelines for wind projects in India, land acquisition and evacuation infrastructure remain major roadblocks Even as the amendments have been made to bidding guidelines for wind projects in India, land acquisition and evacuation infrastructure will continue to remain major impediments for timely completion of such projects, according to a report. […]

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DERC Announces Reduced Tariff for Consumers, EV Charging Stations

Delhi’s power regulator DERC has announced the new electricity tariff for 2019-20, significantly bringing down fixed charges while raising energy charges. Delhi’s power regulator, Delhi Electricity Regularity Commission (DERC) has announced the new electricity tariff for 2019-20, significantly bringing down fixed charges while raising energy charges. Delhi Electricity Regularity Commission (DERC) chairman Justice (retired) S S […]

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HSCC Tenders for 10 MW Solar Plant Under RESCO Model at NCI Haryana

HSCC has issued a tender on behalf of AIIMS for setting up of a 10 MW solar plant at the National Cancer Institute (NCI), Haryana under the RESCO model. The Hospital Consultancy Corporation Ltd. (HSCC) has issued a tender on behalf of the All India Institute for Medical Sciences (AIIMS) for setting up of a […]

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BHEL Tenders for Survey for Proposed 100 MW Floating Solar Plant at NTPC Ramagundam

BHEL has issued tender for conducting Geotechnical investigations and survey works of for the 100 MW floating solar power plant at NTPC Ramagundam BHEL has issued tender seeking bids from eligible parties for conducting Geotechnical investigations and Bathymeric survey works of the water body for the company’s proposed project site for the 100 MW floating solar […]

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