SUBSCRIBE NEWS LETTER

Electricity Act

MoP Extends ISTS Charges Waiver for Solar & Wind Projects Until 2023

MoP has extended the waiver of ISTS charges and losses on the supply of power generated from solar and wind power projects until June 30, 2023. The Ministry of Power (MoP) has notified that it has extended the waiver of inter-state transmission system (ISTS) charges and losses on the supply of power generated from solar and wind […]

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India is Power Surplus, E-Mobility Solutions in Interest of the Country: Gadkari

Union Minister Nitin Gadkari believes India is power surplus so the benefits of e-mobility solutions are very much in the interest of the country. Union Minister for Road Transport and Highways, Minister of Shipping, and the Minister of Micro, Small and Medium Enterprises, Nitin Gadkari believes India is power surplus so the benefits of e-mobility […]

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Mercedes-Benz and CATL Expand Partnership on EV Battery Technology

Mercedes-Benz and CATL have entered the next stage of their partnership and will create cutting-edge battery technology for the German firms’ EV portfolio. Mercedes-Benz and Contemporary Amperex Technology Limited (CATL) have entered the next stage of their strategic partnership and will create cutting-edge battery technology in support of the high-volume electrification of the Mercedes-Benz model portfolio. […]

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Bosch Signs 3 Long-Term Agreements to Procure Solar Power

Bosch has signed three exclusive long-term purchasing agreements for solar electricity with the providers RWE, Statkraft, and Vattenfall. Bosch is expanding in-house power generation at its locations and is set to be a long-term customer of renewable electricity from newly constructed wind and solar parks. To this end, the supplier of technology and services has […]

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Retiring old Thermal Plants the 1st Hurdle in Reducing Discoms Debts: IEEFA

Discoms need to work with state governments to retire their old inefficient and expensive thermal power plants as the first step in reducing their debts A new report by IEEFA proposes recommendations to reduce financial and operational inefficiencies across India’s power distribution sector, which as of May 2020 had accumulated massive overdue payment liabilities of […]

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CERC Grants Approval for Third Power Exchange in India

CERC has approved Pranurja Solutions, promoted by BSE, PTC Ltd and ICICI Bank, to establish what will become the third power exchange in India The Central Electricity Regulatory Commission (CERC) has approved the petition filed by Pranurja Solutions Ltd, a company promoted by BSE, PTC Ltd and ICICI Bank, to establish what will become the […]

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KfW Grants Rs 600 Cr Loan for 125 MW Solar Project in West Bengal

KfW has granted a Rs 600 crore loan to WBSEDCL for the work on the first phase of a 125 MW solar project in the Purba Medinipur district of West Bengal. German state-owned development bank KfW has granted a Rs 600 crore loan to the West Bengal State Electricity Distribution Company Limited (WBSEDCL) for the […]

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AEP Energy Partners Seeking Wind and Solar Energy Projects in PJM

AEP Energy Partners (AEPEP), a subsidiary of AEP is seeking proposals for off-take from new solar and new or repowered wind facilities located in PJM. AEP Energy Partners (AEPEP), a subsidiary of American Electric Power Company (AEP) is seeking proposals for off-take from new solar and new or repowered wind facilities located in PJM. The […]

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Record Low Price in Latest Onshore Wind Auction in Greece

In its latest onshore wind auction, Greece has awarded 20-year contracts for more than 472 MW of onshore projects, including one at a new record low price. In its latest onshore wind auction, Greece has awarded 20-year contracts for more than 472 MW of onshore wind energy projects, including one at a new record low […]

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