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Electricity Act

Centre Gives States A New Green Power Mandate To Encourage RPO Compliance

The Union Government has asked state governments to meet a quarter of their power demand through renewable energy sources in the current year, which can be scaled to 47 % in the following eight years. Although consistent with India’s clean energy commitments, the new trajectory of the Union Government will be difficult for the already […]

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Syngene Announces Acquisition of 26% Stake in Ampyr

The corporate sector is bullish about investments in the renewable sector reasoned by the availability of cheap power and compulsions under ESG ambitions. In a latest development, Syngene International has revealed that it is looking to acquire up to 26 per cent equity stake in Ampyr Renewable Energy Resources Eleven, which is a SPV formed […]

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Director (System Operation)

I.  COMPANY PROFILE:- Power System Operation Corporation Limited(POSOCO) is a wholly owned Government of India Company with the following mission: “Ensure Integrated Operation of Regional and National Power Systems to facilitate transfer of electric power within and across the regions and trans-national exchange of power with Reliability, Security and Economy.” POSOCO has been entrusted with […]

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Biocon, Hindalco Declare Investments In Renewable Energy

The investments in the renewable energy sector by the corporate sector continue to pick up pace on the back of lower energy costs from renewables and ESG led actions. Biocon – a biotechnology major – has announced that it has acquired 26 per cent stake in AMPYR Renewable Energy Resources Eleven Private Ltd for Rs […]

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Senior Manager MEP Electrical

Understanding the basic design concept of the Electrical, ELV , FTTH,Solar,DG,sub-station, Low & Medium voltage distribution  for residential & commercial building. Understading the concept of design built drawing & critical study in terms of value engineering, techno commercial aspect, maintenance, Electricity act  & NBC . Study the BOQ, Tender & able to provide comments on […]

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Industry Hails New Open Access Rules, Hopes For Turbocharged Solar Growth

The notification of the Electricity (Promoting Renewable Energy through Green Open Access) Rules 2022 or the Green Open Access Rules as the industry is calling it, has easily been the biggest policy move for the sector this quarter. A quick perusal of the messages of welcome indicate that optimism rules high, and the Corporate and […]

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MERC rules for transmission charges to be paid even where ISTS not used by generator

In a recent judgement published on March 18, the Maharashtra Electricity Regulatory Commission (MERC) has ruled with the state discom on a plea by a wind generator. MERC’s order rejected Minex Metallurgical Pvt. Ltd.’s plea for the non levy of transmission charges and refund of transmission charges “wrongly levied” by Maharashtra State Electricity Distribution Co. […]

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MoP issues guidelines for procurement & utilisation of BESS

The Ministry of Power (MoP) has notified a new resolution of the Guidelines for the procurement and utilisation of battery energy storage systems (BESS) as part of generation, transmission and distribution assets, along with ancillary services. Specific Objectives of the Guidelines:  To facilitate procurement of BESS, as part of individual RE power projects or separately, […]

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Airtel acquires 9% stake in Avaada Clean for Rs 7.8 crore

Bharti Airtel has acquired around a 9 per cent stake in renewable energy firm Avaada Clean TN Project, a special purpose vehicle formed for the purpose of owning and operating captive power plants, for about Rs 7.88 crore in an all-cash deal, according to a regulatory filing. Shares of Bharti Airtel advanced 2 percent in […]

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