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Vikram Solar Wins 300 MW Solar Project from NTPC

Vikram Solar, country’s one of the leading module manufacturers and an EPC & rooftop solar solutions provider, has bagged a 300 MW solar project from National Thermal Power Corporation Limited (NTPC) under CPSU-II scheme. Kolkata-headquartered Vikram Solar has won this solar photovoltaic (PV) project under the reverse bidding auction at a price of Rs 1,750 […]

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Tata Power Sells Stake in South African Wind JV for Rs 643 Crore

Tata Power had announced that its subsidiary has completed the sale of the company’s entire stake in a South African JV for an amount of Rs 643 crore Tata Power had announced that Khopoli Investments Ltd, the firms wholly-owned subsidiary, has completed the sale of the company’s entire stake in Cennergi, a South African joint […]

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NTPC to Raise Rs 4374.10 Crore via Bonds

NTPC has said it will raise Rs 4,374.10 crore on April 16, 2020, through the issuance of unsecured non-convertible bonds on private placement basis. State-run power giant NTPC has said it will raise Rs 4,374.10 crore on Thursday i,e. April 16, 2020, through the issuance of unsecured non-convertible bonds on private placement basis. As per […]

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Tata Power’s Renewable Arm Wins 300 MW Solar Project from NTPC

Tata Power Solar, the renewable arm of utility giant Tata Power, has received a Letter of Award (LoA) from NTPC to develop 300 MW grid-connected solar project under CPSU Scheme Phase-II. Bangalore-headquartered Tata Power Solar has won this solar photovoltaic (PV) project under the reverse bidding auction held in February at an all-inclusive price of Rs 1,730.16 […]

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MNRE Asks States to not Halt Payments for RE Generators

MNRE has asked states to continue to buy power from renewable energy producers and clear their dues on a regular basis as was being done prior to the lockdown The Ministry of New and Renewable Energy (MNRE) has asked states to continue to buy power from renewable energy producers and clear their dues “on a regular basis […]

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COVID-19 Could Derail Storage Growth, but 2020 to be Record Year

According to a new analysis, the COVID-19 containment could derail storage growth but 2020 will still be a record-breaking year with 12.6 GWh deployed. According to a new analysis, if the coronavirus (COVID-19) containment measures continue to curtail the movement of goods and people through Q2 this year, alongside an economic downturn, the market impact […]

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NTPC, Employees Contribute Rs 257.5 Cr to Combat COVID-19

NTPC has announced a contribution of Rs 257.5 crore to the PM-CARES Fund to support the fight against the spread of the novel coronavirus (COVID-19). State-run power giant NTPC has announced a contribution of Rs 257.5 crore to the PM-CARES Fund to support the fight against COVID-19. While Rs 250 crore has been given by the company, NTPC employees […]

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MNRE Issues Draft Guidelines for Installation of Innovative Stand-Alone Solar Pumps

MNRE has issued draft guidelines for the installation of innovative stand-alone solar-powered pumps under its varied schemes. The Ministry of New and Renewable Energy (MNRE) had issued updated specifications for stand-alone solar pumps in July last year. And since then it claims to have received representations from innovators claiming that by using different design/software for […]

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PFC Disburses Rs 11K Crore, Claims to be Unaffected by Lockdown

PFC has disbursed Rs 11,000 crore to finance power sector projects during the first week of lockdown till March 31 and has claimed to be unaffected by it. State-owned Power Finance Corporation (PFC) has disbursed Rs 11,000 crore to finance power sector projects during the first week of lockdown till March 31. The company claimed that the […]

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