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Sterlite Power Wins Lakadia – Vadodara Transmission Project in Gujarat

Adding another feather in its cap, Sterlite Power has secured the Lakadia – Vadodara transmission project Ltd (LVTPL) under tariff-based competitive bidding process in Gujarat. The global power transmission assets developer said that it has acquired this inter-state green energy corridor (GEC) transmission project from PFC Consulting Ltd. The company will further execute this project […]

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Javadekar Flags off E-Vehicles Procured from EESL

The Ministry of Information & Broadcasting said in a notification that, with this partnership, the Government of India continues to be an active participant in the country’s quest for reduced emissions & vehicular electrification. In order to provide further boost to e-mobility in the country, Environment and Information & Broadcasting (I&B) Minister Prakash Javadekar on […]

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Asia Could Become the Dominant Market for Wind Energy: IRENA

Asia could grow its share of installed capacity for onshore wind from 230 GW in 2018 to over 2600 GW by 2050, becoming the global leader in the segment Asia could grow its share of installed capacity for onshore wind from 230 Gigawatt (GW) in 2018 to over 2600 GW by 2050, a new report […]

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Distortion-Cancelling High-Voltage LED Driver from STMicroelectronics Future-Proofs Energy-Saving Lighting

Ideal for Smart Industry, Smart City, and Smart Home lighting applications Featuring a novel distortion-cancelling input-current shaping (ICS) circuit, the HVLED007 AC/DC LED driver from STMicroelectronics enables energy-saving solid-state luminaires to comply with increasingly stringent lighting regulations. The HVLED007 is a current-mode PFC controller optimized for use with isolated, high-power-factor, quasi-resonant flyback converters. The ICS ensures an […]

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Adani Acquires Transmission Projects Subsidiary From REC

Adani Transmission has signed a share purchase agreement and completed the acquisition of WRSS XXI (A) Transco Ltd from REC Transmission Projects Company. Adani Transmission (ATL), India’s largest private sector power transmission company, has announced that it has signed a share purchase agreement and completed the acquisition of WRSS XXI (A) Transco Ltd, an SPV […]

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Adani Acquires Transmission SPV Linked With RE Projects in Rajasthan

Adani Transmission has acquired Bikaner-Khetri transmission project in Rajasthan from PFC Consulting, through a tariff-based competitive bidding process. Adani Transmission Ltd (ATL) has acquired Bikaner-Khetri transmission project in Rajasthan from PFC Consulting, according to a regulatory filing. Adani Transmission won the project linked to renewable power generation in Rajasthan through a tariff-based competitive bidding process. ATL signed a share purchase agreement with PFC Consulting […]

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NCLT Approves IL&FS Proposal to Sell 7 Wind Assets

NCLT has cleared the sale of IL&FS’s 7 wind energy assets to Orix Corporation for Rs 4,800 crore The National Company Law Tribunal (NCLT) on August 28, 2019, has cleared the sale of IL&FS’s seven wind energy assets to Japan’s Orix Corporation for Rs 4,800 crore which will partially help reduce its debt burden of over […]

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Budget 2019: Solar Industry Seeks Quick Reforms from Modi 2.0

When the Narendra Modi-led National Democratic Alliance government was voted back to power in a landslide victory in the recently concluded general polls, expectations of the corporate world and especially from the renewable industry grew mile high from the Union Budget 2019 which will be presented on 5th July. Now with the continuation of the […]

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Power Finance Corp More Than Doubled Q4 Profits

Power Finance Corp has reported in its Q4 2019 results that it has more than doubled its profits for the quarter over the same period last year. State-owned Power Finance Corp (PFC) has reported over a twofold rise in its standalone net profits to Rs 2,117.56 crore for the March 2019 quarter, mainly on the […]

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