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CERC Quashes Avaada’s Plea for Extension of LTA Operationalisation Date

The Petitioners, Avaada Energy Private Limited (AEPL) and Avaada Sustainable RJ Project Private Limited (ASRJPPL), Petitioner have filed petitions against Central Transmission Utility of India Limited (CTUIL) to extend the start date of Long Term Access (LTA) granted to AEPL from 23.8.2021 to 12.5.2022. AEPL has stated that as per its letter dated 10.1.2022, it […]

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Canadian Pension Firm & Mahindra Group Collaborate Strategically in RE

The Mahindra Group and the Canadian-based pension firm, Ontario Teachers’ Pension Plan Board have announced a strategic alliance to take advantage of the expanding renewables market in India. Both parties have entered into legally binding agreements under which Ontario Teachers’ will purchase a 30% equity stake in Mahindra’s solar development arm, Mahindra Susten Pvt Ltd […]

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Tata Power Solar Receives LoA For 100 MW Project From SJVN

To build a 100 MW ground-mounted solar project for an Indian public sector undertaking firm SJVN Ltd (Satluj Jal Vidyut Nigam Limited), Tata Power Solar was given a “Letter of Award” (LoA) worth Rs. 612 crores. Tata Power Solar is a solar EPC business and wholly owned subsidiary of Tata Power Renewable Energy. The Government […]

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Tata Power to Set Up 450+ EV Charging Points Across 350 National Highways

Tata Power has achieved a rare feat of installing 450+ EZ EV charging outlets along more than 350 national routes in the nation. According to the company, the major national highways now have Tata Power EZ EV charging stations installed on them, including the longest highway (NH 44 connecting J&K to Tamil Nadu), the busiest […]

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NTPC Commissions 10 MW Out of 20 MW Gandhar Solar Project in Gujarat

India’s largest energy conglomerate NTPC has revealed that the enterprise’s first part (10 MW) of 20 MW Solar PV Project in Gandhar, Gujarat has achieved completion.  This has made it the fourth-most successful renewable energy project commissioned in the month of August. NTPC shared, “Consequent upon successful commissioning, the first part capacity of 10 MW […]

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ACME Moves Ahead On Land For Green Ammonia & Hydrogen Project In Oman

Renewable energy developer ACME Group today announced signing of a land agreement to set up one of the world’s largest green ammonia projects at Special Economic Zone at Port of Duqm in Oman. ACME signed the agreement with the Public Authority for Special Economic Zones and Free Zones which is a Government authority of Oman. […]

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Keen To Enter Into RE, OTPP Offers Rs 2300 Cr For 49% Stake In Mahindra Susten

One of the largest pension funds in Canada, Ontario Teachers’ Pension Plan (OTPP), is looking to acquire a stake of close to 49%, worth Rs 2,300 crore in Mahindra Susten Pvt Ltd, thereby valuing the entity at Rs 4,600 crore, inclusive of debt. An exclusivity clause has been signed between OTPP and Mahindra Susten. With […]

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Industry Hails New Open Access Rules, Hopes For Turbocharged Solar Growth

The notification of the Electricity (Promoting Renewable Energy through Green Open Access) Rules 2022 or the Green Open Access Rules as the industry is calling it, has easily been the biggest policy move for the sector this quarter. A quick perusal of the messages of welcome indicate that optimism rules high, and the Corporate and […]

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Rays Power Experts Opens Up 3000 MWp Solar Park For Developers In Rajasthan

The world’s largest solar park of 3000 MWp capacity is ready to welcome developers to establish  their projects in Rajasthan. Rays Experts, the park operator, stated in a statement published on Tuesday that the 9000-acre solar park will be built in Bikaner, Rajasthan. It has signed the necessary transmission agreements and obtained all approvals for […]

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