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Cabinet Approves Asset Monetisation of PGCIL Subsidiaries Through InvIT

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, in a path breaking reform, has approved monetisation of assets of POWERGRID (PGCIL), a Public Sector Undertaking (PSU) under the Ministry of Power, through Infrastructure Investment Trust (InvIT) model. This is the first time any PSU in Power Sector will undertake asset recycling […]

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NTPC Planning to Raise up to Rs 15,000 Crore Via Bonds

NTPC will seek shareholders’ nod to raise up to Rs 15,000 crore through issuance of bonds in the annual general meeting scheduled for next month. NTPC will seek shareholders’ nod to raise up to Rs 15,000 crore through issuance of bonds in the annual general meeting scheduled for next month. The funds are proposed to […]

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Railways Completes Solar Installations at 960 Stations, 550 Lined up Next

Indian Railways has completed the task of installing solar power plants at 960 stations and ordered solar power panels for 550 more stations. In a bid to achieve the objective of 100 percent self-sustainability for all power needs, the Indian Railways has completed the task of installing solar power plants at 960 stations and ordered solar power panels for 550 more stations. […]

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Perovskite Solar Cells, Coming Soon To a Product Near You

Perovskites, named after Russian mineralogist Lev Perovski who discovered the base material over 170 years ago in the Ural Mountains of Russia are found abundantly in the earth’s mantle and sometimes, surface deposits even. They have now found an interesting and potentially breakthrough application in solar power generation technology. Different from the traditional silicon wafers […]

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Indian Railways Begins Talks With key Solar Industry Players

Piyush Goyal has held a meeting with stakeholders in the solar sector and discussed innovative solutions for setting up solar projects along railways tracks. As part of the Indian Railways‘ plan to become a net-zero carbon emitter by 2030, Railway Minister Piyush Goyal has held a meeting with stakeholders in the solar power sector and discussed innovative […]

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SPDA Makes a Case for 18 Month Deferment of BCD On Solar Equipment

Just a week after the manufacturers association, the All India Solar Industries Association (AISIA) made a plea for 50 percent BCD at the earliest, comes the rejoinder from Solar Power Developers Association (SPDA). The SPDA is a national association representing India’s ‘upcoming’ solar power generators and developers, and says that the Government must reconsider its […]

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SECI Releases ₹520 Crores To developers in July

At a time when the stress due to overdues from discoms, besides multiple other factors has got the industry on edge, SECI (Solar Energy Corporation Of India) has released a statement that claims ₹520 crores have been released to developers for payments against wind and solar energy generation. This represents about 75 percent of the […]

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Tezpur University Generating 90,000 kW of Solar Electricity Every Month

Tezpur University in Assam is generating on average – nearly 90,000 kW of electricity every month through its 1 MW on-campus rooftop solar power systems. The Tezpur University in Assam has said that it is generating on average – nearly 90,000 kilowatts (kW) of electricity every month through its 1 MW on-campus rooftop solar power […]

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SJVN Seeking Debt Financing of Rs 1000 Cr for Upcoming Solar Projects

SJVN has issued an EoI inviting financing institutions to submit proposals for providing debt financing loans for its upcoming renewable projects (solar). SJVN Ltd – a mini Ratna CPSU under the Ministry of Power – has issued an Expression of Interest (EoI) inviting eligible financing institutions to submit proposals for providing debt financing loans to […]

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