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Indian market

Sterlite Power Appoints Amitabh Prasad as Brazil CEO

Sterlite Power, a leading global developer of power transmission, has announced the appointment of Amitabh Prasad as CEO, Sterlite Power Brazil. After two years of association with the company in various leadership positions, Ricardo Cleber Zangirolami has decided to step down from the CEO position due to personal reasons. He will continue to support the […]

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The Case For Battery Storage- A UK View

A report by partners at LCP LLP, a UK based advisory firm, picks on battery storage as an investment opportunity. Its an interesting pointer to the possible future in the UK and also in India at some stage, although the Indian case would be a possibility after some major reforms and deregulation. But as a […]

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cKers Finance Ties Up with OTO Capital, Promoting E2Ws in India

cKers Finance, a ‘sustainable energy finance firm” yesterday announced its debt financing tie-up with OTO Capital, a finance startup for two-wheelers, for its electric two-wheelers (E2Ws) leasing program in India. cKers has set-up an initial line of INR 30 million for OTO. OTO will use this facility to purchase E2Ws in India, which will then be […]

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India’s Solar Manufacturing- A Tale of failed Government Initiatives

India’s solar manufacturing prowess, or lack of it, has been a regular cause for concern ever since the country started powering forward in capacity additions from 2016 onwards. A new report from IEEFA and JMK Analytics puts the spotlight on the sector, especially on its failure to ramp up even as demand went up domestically. […]

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Adani Green Energy Commissions 25 MW Solar Plant in Uttar Pradesh

Adani Green Energy has commissioned a 25 MW solar power plant in Chitrakoot, Uttar Pradesh, executing a PPA with NPCL at Rs 3.08/kWh. Adani Solar Energy Chitrakoot One Limited, a step-down subsidiary of Adani Green Energy Limited (AGEL) has commissioned a 25 MW solar power plant in Chitrakoot, Uttar Pradesh. The firm has executed a […]

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PV Manufacturer Alpex Solar Appoints Satish Gupta as CEO

Alpex Solar, one of the renowned Photovoltaic Module manufacturing company, has announced the appointment of Satish Gupta as its Chief Executive Officer. Satish will be taking over the charge of the organisation effective 7th January 2021. The firm currently has module manufacturing capacity of 450MW and has plans for aggressive growth in the coming years. […]

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37 Cr LED Bulbs and 1.14 Cr LED Streetlights Installed in 6 Years of UJALA and SLNP

UJALA and SLNP have completed 6 years and in that time EESL has distributed over 36.69 crore LED bulbs & installed 1.14 crore LED streetlights Launched on January 5, 2021, the Government of India’s zero-subsidy Unnat Jyoti by Affordable LEDs for All (UJALA) and Street Lighting National Programme (SLNP) have completed 6 years. In that […]

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Tata Motors Delivers Nexon EVs to Haryana Renewable Agency

Tata Motors has partnered with the Haryana Renewable Agency to deploy Nexon EVs in the state, as a part of its tender with the EESL. Tata Motors has announced that out has partnered with the Haryana Renewable Agency (HAREDA) to deploy Nexon EVs in the state of Haryana, as a part of its tender with […]

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Electricity Generation From Renewables Increased 6.9 percent in Nov’20: Ind-Ra

India Ratings has detailed that the electricity generation from renewables in November 2020 increased by 6.9 percent yoy to 9.2 BU. In its latest power sector report, India Ratings (Ind-Ra) has detailed that the electricity generation from renewables sources in November 2020 increased by 6.9 percent yoy to 9.2 billion units. The report also highlighted […]

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