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IKEA Parent Company Acquires 49% Stake in 2 US Solar Projects

Ingka Group, the strategic partner to IKEA, has reached an agreement with CIP to acquire a 49 percent stake in two solar PV projects in Utah and Texas. Ingka Group, the strategic partner to the IKEA franchisee system, has reached an agreement with Copenhagen Infrastructure Partners (CIP) to acquire a 49 percent stake in two […]

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MERC Approves Petition Seeking Deviation in PPA/PSA for 252 MW Solar Projects

MERC has approved the plea’s made by MSPGCL for seeking deviations in the PPA and approved PSA for the 252 MW out of 302 MW solar projects   The Maharashtra Electricity Regulatory Commission (MERC) has in its latest order approved the plea’s made by the Maharashtra State Power Generation Co. Ltd. (MSPGCL) for seeking deviations […]

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MNRE Postpones its Flagship Event ‘RE-Invest’ Indefinitely

MNRE postpones the 3rd Global RE-Invest Meet, which was to be inaugurated by Narendra Modi on October 30. The Ministry of New and Renewable Energy (MNRE) has announced via a notification that it has postponed the 3rd Global Renewable Energy Investors’ (RE-Invest) Meet, which was to be inaugurated by Prime Minister Narendra Modi on October […]

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Vikram Solar Commissions Rooftop Solar Plant in Rajasthan

Vikram Solar has commissioned a 558 kWp rooftop solar plant for SL Nutritions at RIICO Industrial Area in Nagaur, Rajasthan. West Bengal-based solar energy solutions firm Vikram Solar has announced that it has commissioned a rooftop solar plant for SL Nutritions at RIICO Industrial Area in Nagaur, Rajasthan. A company release here said the Rajasthan […]

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Naturgy Completes Installation Work on 200 MW Wind Projects

Naturgy has completed the installation of the 54 wind turbines that form the six wind farms worth 200 MW in the provinces of Lugo and A Coruña. Spanish energy company, Naturgy has announced that it has completed the installation and assembly work of the 54 wind turbines that form the six wind farms worth 200 […]

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BHEL Tenders for Floatation Platform for 100 MW Floating Solar Plant

BHEL has tendered for the deployment of the floatation platform for the company’s 100 MW floating solar power plant at NTPC Ramgundam Bharat Heavy Electricals Ltd. (BHEL), has floated a tender, seeking bids from eligible parties for the deployment of the floatation platform for the company’s 100 MW floating solar power plant at NTPC Ramgundam […]

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Payment Dues to Renewable Firms Now at Rs 9735.6 Crore

The CEA has revealed that the total payment dues for the 513 active renewable energy projects in the country, as of July 31, 2019, was Rs 9735.6 crore. The latest report issued by the Central Electricity Authority (CEA) has revealed that the total payment dues for the 513 active renewable energy projects in the country, […]

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Delhi Discoms Cut Regulatory Assets by Rs 3029 cr in 5 Years

Delhi Discoms have seen a steady decline in regulatory assets to Rs 8,377 crore over the last five years, down by Rs 3029 crore in that period. The power sector in Delhi has seen a steady decline in regulatory assets to Rs 8,377 crore over the last five years, helping the AAP government keep tariffs under check, […]

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THDCIL Receives Bids for Rs 3215 cr Against Rs 1500 cr Bond

THDCIL has received bids for Rs 3215 crore in response to its corporate bond series-II of Rs 1500 crore with a greenshoe option of Rs 1000 crore THDC India Limited (THDCIL), a joint venture of Government of India and Government of Uttar Pradesh, which was incorporated to develop, operate and maintain the 2400 MW Tehri […]

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