SUBSCRIBE NEWS LETTER

Power Purchase Agreement

Govt likely to announce incentives to boost manufacturing of solar panels

Government may announce inducements in the upcoming Budget to boost manufacturing of solar panels and achieve its objective of establishing 100 gigawatts of solar capacity by 2022. So far, solar t Finance minister Arun Jaitley may announce incentives, such as Viability Gap Funding (VGF) to help sprout manufacturing plants in the country and vow long-term […]

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ArcelorMittal to Construct 500 – 600MW Solar Plant in India

ArcelorMittal aims to establish 500 – 600MW solar power plant in Karnataka -India instead of the Steel Mill. The company spokeswoman said that, ‘In view of current market conditions in the global steel industry and uncertainty in raw material availability, ArcelorMittal would like to utilize the acquired land in Karnataka for a meaningful purpose of […]

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Pilot Basis Solar Plant in Kayamkulam by NTPC

A 10KW solar PV plant will be introduced on a pilot basis by the NTPC power plant at Kayamkulam. The plant is in advancement and it would be engaged very soon, Shankardas, GM of NTPC Kayamkulam has said. Speaking to a conference, he said, ‘The design and approval procedure of the solar power project had […]

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DMRC Inks MoU with SECI To Augment Solar Venture

  The Delhi Metro Rail Corporation (DMRC) and the Solar Energy Corporation of India  (SECI) will now mutually work together on taking up an ‘off site’ solar power venture, to augment the utilization of renewable energy, alleviate the effect of standard increment in grid tariffs and to decrease the carbon foot prints. A Memorandum of […]

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MERC Declines To Give Relief To EESL Over ‘Change of Law’ Claim

The Maharashtra Electricity Regulatory Commission (MERC) in its latest order declined any relief to the Energy Efficiency Services Ltd (EESL). The case was related to the petition of the government entity, seeking compensation of Rs 27 crore. EESL sought this amount due to the rise of taxations on solar equipment during the developmental phase of […]

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RMC Switchgears Secures 41 MW Solar PV Project In Maharashtra

RMC Switchgears today received an order to develop a 41 MW (AC) solar photovoltaic power project in Maharashtra. RMC Switchgears received a contract from the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the solar photovoltaic power project in the RESCO model. The project will be executed under the Mukhyamantri Saur Krushi Vahini Yojana 2.0, […]

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Adani Group Secures a 6.6 GW Solar,Thermal deal with MSEDCL

Adani Green Energy Limited (AGEL), India’s leading renewable energy provider, and Adani Power Limited (APL), the largest private thermal power producer in the country, have announced a new agreement with Maharashtra State Electricity Distribution Company Limited (MSEDCL). This deal will provide Maharashtra with a total of 6.6 GW of energy from both solar and thermal […]

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Senior Manager/DGM Procurement-Capex-Solar Manufacturing

The incumbent will lead and oversee the procurement activities related to Capital Expenditures (CAPEX) for  solar manufacturing business. This role will be responsible for developing and executing procurement strategies, managing supplier relationships, and ensuring the timely acquisition of materials, equipment, and services needed for CAPEX projects. He will play a key role in optimizing procurement […]

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NLC Set To Supply 200 MW Renewable Energy To Telangana

NLC India Limited (NLCIL) a Navratna Government of India Enterprise under the Ministry of Coal has signed a Power Usage Agreement with Telangana state discoms for 200 MW solar power at a competitive and affordable price under CPSU scheme for 25 years. NLC India Lmitted’s solar project is set to generate around 1,300 crore units […]

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