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Indian Gov’t Puts Safeguard Duty on Hold

The safeguard duty which was brought into effect on July 30, 2018 in order to protect interest of domestic solar manufacturers was awaiting clearance from Orissa High Court after solar player ACME Group filed a writ petition against the safeguard duty on imports. In a relief to the domestic solar developers, Finance Ministry has issued […]

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Chennai Central to go Greener Than Ever

The Chennai central station has been marked green for its capacity to recycle water, produce its 7 percent of electricity requirement from solar panels and waste management. After getting ‘Green Building’ certification for its main Chennai central railway station, the Chennai Division of Southern Railways is now mulling to reapply for the higher ranking like […]

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Tata Power Customers in Mumbai to be rewarded for Their Loyalty

The rewards earned by the customers would be redeemable across different merchant brands/categories in the form of exclusive discounts, vouchers, offers or services. In a first-ever attempt to reward customers for their loyalty in India, Tata Power has launched a unique customer loyalty programme ‘Power Rewards’  for its Mumbai customer base. Loyalty Programme for the […]

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Mumbai Citizens to Pay Tata Power Bill at Vodafone Mini Stores

Tata Power consumers will have the option of paying electricity bills through Vodafone’s M-Pesa e-wallet.   In a bid to enhance its application of innovation and technology in providing value added benefits to its customers, Tata Power has partnered with Vodafone to facilitate electricity bill payments at Vodafone Mini stores. Tata Power consumers will have […]

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NTPC asserts Additional Tariff for Bid Resubmission for 2GW Project

Pre-qualified developers for NTPC tender show their concern about whether they would be allowed to pass on the incremental tariff because of the safeguard duty to distribution companies. Feeding the impacts of the safeguard duty on imports, state-run National Thermal Power Corporation (NTPC) has asked the pre-qualified bidders of 2GW solar power project to resubmit […]

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Rural Electrification- Another Feather in India’s Cap

After India took over driver’s seat and successfully parks the car of International Solar Alliance (ISA) Summit in March this year, Asia’s third largest economy continued its rollercoaster ride in April too, and once again scripted history by hitting the target of electrifying all villages ahead of the deadline. In 2014, when Narendra Modi chaired […]

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Tesla may Go Private For $420 Per Share Price

The $420 share price of Tesla is seemingly decided on the fact that it is already a valuable automaker in the United States. Stunning the shareholders and onlookers, Elon Musk in a tweet mentioned about thinking to make the American Multinational Corporation, Tesla, private at a cost of USD 420 per share. The tweet made […]

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BEST to Set up World’s First Thermal Battery Plant

World’s first thermal battery plant in Andhra Pradesh would manufacture thermal batteries which would supply power for a longer duration than the Lithium-ion battery. Leading power storage service provider, Bharat Energy Storage Technology (BEST) has revealed setting up a thermal battery plant in Andhra Pradesh. Considered as a great addition, world’s first thermal battery plant […]

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