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Tata Power Solar

Tata Planning Rs 4000 Cr Li-Ion Battery Manufacturing Plant in Gujarat

Tata Group is planning to set up a multi-crore lithium-ion battery plant in Gujarat’s DSIR area according to a senior state government official According to Jaiprakash Shivhare, managing director, Dholera Industrial City Development Limited (DICDL), Tata Group, has committed an investment of Rs 4,000 crore to set up a lithium-ion battery plant in Dholera Special […]

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India’s Rooftop Solar Capacity Crosses 4 GW Mark: Bridge To India

Cumulative Indian Rooftop Solar installed capacity exceeds 4-GW Mark on March 31, 2019, says Bridge To India The Indian Solar Rooftop market crossed 4 GW in total capacity by Mar 31, 2019, reaching a total of 4,375 MW, according to Bridge to India’s (BTI) India Solar Rooftop Map 2019. The lion’s share of this capacity […]

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Union Budget 2019: A Mixed Bag for the Solar Industry

As expected from Modi Government 2.0, India’s first full-time woman Finance Minister Nirmala Sitharaman had few eggs in her basket for the renewables sector. Here’s how the key stakeholders of the solar industry, including policymakers, think tanks, leading private players have reacted to the government’s Budget for FY19-20: After the budget, Power Minister R. K. […]

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SECI Signs PSA for 750 MW Solar Power and MoU for BESS Facility

SECI has announced the signing of two new agreements a PSA and an MoU with two power discoms in Delhi and Rajasthan, respectively. MOU SIGNED WITH BRPL FOR BESS PROJECT OF SECI pic.twitter.com/6pO1XsFQOr — SECI (@SECI_Ltd) July 1, 2019 The Solar Energy Corporation of India (SECI) has announced the signing of two new agreements with […]

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Delhi’s Peak Power Demand Clocks Record 7241 MW

Delhi’s electricity demand touched an all-time high of 7241 MW on July 1, 2019, the highest peak power demand recorded in any Indian city. Delhi’s electricity demand touched an all-time high of 7241 megawatts (MW) on July 1, 2019, at 3:29 pm, the highest peak power demand recorded in any Indian city. “Delhi’s peak power demand […]

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ReNew Power Raises $300 Million Through Rights Issue

Gurugarm based ReNew Power announces that it has successfully raised $300 Million through a rights issue Clean energy firm ReNew Power has announced to have raised $300 million (approx. Rs 2,050 crore) through a rights issue. Goldman Sachs, Abu Dhabi Investment Authority (ADIA), and Canada Pension Plan Investment Board (CPPIB) have subscribed to the issue, […]

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EV Transition Needs Extensive Planning to Succeed: N Chandrasekaran, Tata Sons

N Chandrasekaran recently said that the transition to EV needs to be properly planned so as to ensure that the entire ecosystem is ready Tata Sons Chairman, N Chandrasekaran recently said that the migration or perhaps the transition to electric vehicles (EV) in the country needs to be properly planned so as to ensure that […]

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Gujarat Issues Tender For Procurement of 750 MW Solar Power

GUVNL has issued an RfS for procuring 750 MW of solar power from solar PV projects located in the 1000 MW capacity Dholera. The Gujarat Urja Vikas Nigam Limited (GUVNL) has issued a Request for Selection (RfS) for procuring 750 MW of solar PV power through a competitive bidding process (followed by reverse e-auction (e-RA)) […]

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Tata Power Planning Rs 16K Cr Renewable InViT to Trim Debt

Tata Power plans to establish an InViT for its renewable energy portfolio to reduce its debt by almost a fourth and then raise growth equity from investors. Tata Power, of the country’s leading integrated power companies, has revealed that it plans to establish an infrastructure investment trust (InViT) for its renewable energy portfolio, nearly 3 […]

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