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Masdar Raises US$750 Million Green Bond

Abu Dhabi Future Energy Company PJSC – Masdar announced the successful completion of its first green bond issuance for US$750 million 10-year senior unsecured Notes today. Showing positive appetite from regional and international investors, the order book peaked at US$ 4.2 billion, i.e. oversubscription of 5.6x. Pricing tightened 35 bps between launch and final terms, […]

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NHPC Floats Tender for 200 MW Solar Power Project in 600 GSECL Solar Park

National Hydroelectric Power Corporation Limited (NHPC) has floated a tender for the establishment of 200 MW solar power project in 600 GSECL (Gujarat State Electricity Corporation Ltd) Solar Park at Khavda, Gujarat. This is for stage-1 of the solar park. The tender comes with e-reverse auction. The bid validity is 120 days from the last […]

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Five Indian EV Cab Companies Decarbonising Urban Transport

  In the last few years, several indigenous electric-only cab services have come into the picture in India. While several of these firms tried to capitalize on the new emerging market, it also aided in decarbonizing the transport fleets in the country. Several of these locally-developed companies and startups, with their expanding fleets and plans, […]

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RERC Allows RDSS Facility To Rajasthan Discom’s Franchisee In Ajmer

The Rajasthan Electricity Regulatory Commission (RERC), in its latest judgment, ordered the rollout of the Revamped Distribution Sector Scheme (RDSS) for TP Ajmer Distribution Limited (TPADL) in Ajmer city. This comes after TPADL, a distribution franchisee of the Ajmer Vidyut Vitran Nigam Limited (AVVNL), moved the RERC seeking benefits of the scheme to the company. TPADL […]

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SECI Announces Tender for 1000 MWp Domestically Manufactured Solar Modules

The Solar Energy Corporation of India (SECI) has issued a tender for the manufacturing, testing, packing and forwarding, supply and transportation of 1000 MWp domestically manufactured solar PV modules with domestically manufactured solar cells. The last date for submission of bids is August 17, 2023. The time for completion for the entire 1000 MWp (DC) […]

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BMW’s EV Deliveries In India Grow By 11% In First Half of 2023

BMW India, one of the leading luxury car makers in the electric segment in the country, reported an 11 percent growth in its total deliveries of electric vehicles (EVs) in the first six months of 2023. BMW Group India said it continued its dominance in the electric luxury segment. It attributed this to the most […]

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Inox Wind Secures Certification for 3 MW Wind Turbine

Inox Wind, a wind energy solutions provider in India, today announced that TUV SUD, a global certification body based in Germany, has granted a Type Certificate to Inox Wind for their state-of-the-art, new generation 3 MW wind turbine with a booster capacity of up to 3.3 MW. This certification signifies that the prototype turbine has […]

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JSW Energy Sees 35% Rise In RE Generation, 48% Plunge In PAT In Q1

JSW Energy Limited, in its latest announced Q1 results for FY24, claimed that its total renewable energy generation increased by 35 percent on a Year-on-Year (YoY) basis. The financial results for the quarter also state that it witnessed a decrease in total revenue and Profit After tax (PAT).   As per the details shared by the firm […]

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