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DoE Lowers Performance Security to 3%, Introduces Bid Security Declarations

DoE has reduced the performance security to 3 percent for all existing and future tenders concluded till December 31, 2021. The Department of Expenditure (DoE) has notified that the Performance Security shall be reduced from existing 5 to 10 percent to 3 percent for all existing and future tenders concluded till December 31, 2021. The […]

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RfP for Transmission System for Evacuation of Power from SEZ in Rajasthan

REC seeking Transmission Service Provider to establish transmission system for the evacuation of power from SEZ in Rajasthan under phase II The Ministry of Power has appointed REC Transmission Projects to be the Bid Process Coordinator (BPC) for the purpose of selection of bidder as Transmission Service Provider (TSP) to establish transmission system for transmission […]

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NTPC Tenders for Solarization of 47 LDC & SIDS Member Countries of ISA

NTPC Ltd has issued an EoI for the solarization of LDC and SIDS member countries of the International Solar Alliance (ISA). NTPC Ltd has issued an expression of interest (EoI) for the solarization of Least Developed Countries (LDC) and Small-Island Developing States (SIDS) member countries of the International Solar Alliance (ISA). ISA as part of […]

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SECI Extends Deadline for 100 MW Solar Plus 40 MW Storage Tender

SECI has extended the bid submission deadline for its tender for commissioning of 100 MW solar plus 40 MW Storage project in Chhattisgarh. The Solar Energy Corporation of India (SECI) has announced that it has extended the bid submission deadline for its tender for commissioning of a 100 MW (ac) solar project (160 MWdc) along […]

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STMicroelectronics Extends VIPerPlus Power Family with Highly Integrated Offline Converter

The latest addition to the VIPerPlus series, the VIPer31 compact high-voltage converter IC from STMicroelectronics enables robust power-converter solutions that deliver excellent reliability and meet energy-saving eco-design norms, while saving bill-of-materials (BoM) costs. VIPer31 is optimized for commonly used offline AC/DC converter topologies, including isolated and non-isolated flyback, buck, and buck-boost converters. The compact, highly integrated IC requires minimal […]

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Ola Gears Up For Electric Scooter Entry With MOU For Plant in Tamil Nadu

Ola, the largest Indian ride-hailing firm is beginning its journey into EV manufacturing with a plant to make electric scooters in Tamil Nadu, India.  The SoftBank- financed company will reportedly invest Rs. 2,400 Crores in setting up the world’s largest scooter manufacturing facility in India which will produce approximately 10,000 jobs in the country. On […]

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Arctech Solar Trackers Lead Among Those Used At 3.2GW Solar Park in China

Arctech Solar has delivered its advanced 1P tracker SkyLine to a 3.2GW solar park, declared on 11th December 2020. The park, now the world’s largest solar plant located in Qinghai, China was connected to the grid  last month. Arctech has been a focused player in the solar tracker space, which has expanded its offerings to […]

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Fitch Ratings Bumps Up IREDA Credit Ratings

Global ratings agency, Fitch Ratings has upgraded Indian Renewable Energy Development Agency Limited ‘s (IREDA) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) and long-term senior unsecured rating to ‘BBB-‘ from ‘BB+’. The Outlook is Negative. At the same time, Fitch has upgraded the Short-Term IDR and the short-term senior unsecured rating to ‘F3’ from […]

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IESA & UNIDO Partner to Promote Innovations in Energy Storage in India

IESA has partnered with UNIDO for FLCTD Innovation Challenge for technology innovation in beta deployment of energy storage in India India Energy Storage Alliance (IESA) has announced that it has partnered with the United Nations Industrial Development Organization (UNIDO) for “Facility of Low Carbon Deployment” (FLCTD) Innovation Challenge for technology innovation in the beta deployment […]

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