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India’s Subsidies For Fossil Fuels 5 Times Higher Than For Clean Energy: IISD

The 2022 global energy crisis and India’s growing energy demand have led the country to adopt a hybrid approach, expanding all forms of supply in 2023. This approach has pushed India’s total energy subsidies to a 9-year high of INR 3.2 lakh crore (USD 39.3 billion) for the fiscal year ending 2023 (FY 2023), new […]

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Servotech EV Appoints Prem Prakash As CEO, Neeraj Gupta As AVP Operations

Servotech EV Infra has announced the appointment of Prem Prakash as its Chief Executive Officer (CEO) and Neeraj Gupta as its AVP Operations. Prem Prakash, with a career spanning 22 years across diverse industries, including consumer durables, FMCG, media and entertainment, E-Commerce, fintech and is expected to successfully take the company to a new level. […]

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MSEDCL Approves Maharashtra’s Procurement Of 7,783 MW Solar Energy

Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) recently approved the procurement of 7783 MW on a long-term basis at a tariff of Rs 2.90 to 3.10/kWh from solar generators. The commission also allows MSEDCL to procure additional power up to 2000 MW under subsequent rounds of bidding under MSKVY 2.0 subject to the condition that […]

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Govt Asks Coal Firms To Increase Adoption Of Solar Power

Ministry of Coal recently issued directives to coal companies to accelerate the adoption of solar energy solutions. This initiative is undertaken to minimise the carbon footprints of mining. The Ministry of Coal has issued directives to coal companies to accelerate the adoption of solar energy solutions. This includes the installation of rooftop solar panels on […]

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Maharashtra Invites Bids To Procure 1 GW Solar Project

Maharashtra State Electricity Distribution Company Limited has issued a tender inviting bids for procuring 1 GW of grid-connected solar power to meet its renewable purchase obligation and future power needs. The last date to submit bids is April 3. According to tender document by Maharashtra discom, the bids will be thrown open on the same […]

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Tata Power Solar Commissions Solar & Battery Energy Storage project in Chhattisgarh

Tata Power Solar Systems Limited (TPSSL), a wholly-owned subsidiary of Tata Power Renewable Energy Limited (TPREL), has commissioned the country’s largest Solar and Battery Energy Storage Systems (BESS) project that comprises 100 MW Solar PV Project coupled with120 MWh Utility Scale Battery Energy Storage System (BESS), at Rajnandgaon in Chhattisgarh. Tata Power bagged this Rs […]

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L&T Emerges Lowest Bidder For 100 MW Jharkhand Floating Solar Project

Solar Energy Corporation of India Limited (SECI), announced Larsen and Toubro (L&T) Limited as the most advantageous and lowest L1 successful bidder for a 100 MW floating solar PV project. SECI commissioned this project for operation and management (O&M) design, engineering, supply, construction, erection, testing, and commissioning of the floating solar project for five years. […]

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West Bengal Can Save Rs 62,000cr By Roping In Renewables: Report  

A report by think tank Climate Risk Horizons (CRH) suggests that West Bengal can save thousands of crores in the coming decade by moving away from coal and towards clean energy. The savings accrue through a combination of measures such as the retirement of older, more expensive coal power plants; diverting investment planned for new […]

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Neoen Wins 119 MWp Solar Projects In France

France-based renewable energy company NEOEN has announced that it has been awarded 119 MWp of solar projects in the latest call for tenders held by the French government’s Energy Regulation Commission (CRE). With seven projects ranging from 5 to 30 MWp, Neoen ranks second in terms of capacity awarded in this session and remains, with […]

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