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MNRE Clarifies on Payment Security Mechanism Directive for Gencos

The energy generated during the non-dispatch period shall be calculated on the basis of Capacity Utilization Factor as declared by the generators in Power Purchase Agreements. The Ministry of New & Renewable Energy (MNRE) has issued a clarification on the power ministry’s latest directive, which is applicable from today, for power distribution companies (dZiscoms) to […]

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Telangana Planning 1 GW Solar Power, one Time Settlement of Power Dues

The Telangana government has said that it would go for one-time settlement of dues of panchayats and municipalities to state-run electricity organisations The Telangana government has said that it would go for one-time settlement of dues of panchayats and municipalities to state-run electricity organisations and warned that henceforth heads of local bodies will be ‘punished’ for non-payment […]

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5,645 Electric Buses Sanctioned for 65 Cities: Amitabh Kant

Amitabh Kant has revealed that an inter-ministerial panel has sanctioned 5,645 electric buses for operations in 65 cities Niti Aayog CEO Amitabh Kant has revealed that an inter-ministerial panel has sanctioned 5,645 electric buses for operations in 65 cities, a move seen towards environment-friendly mobility. Last week, the GST Council headed by finance minister Nirmala Sitharaman decided to cut the tax rates […]

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588 MW Beatrice Offshore Wind Farm Begins Operation

SSE has announced the official opening of the 588 MW Beatrice offshore wind farm in Scotland. The renewables unit of UK utility SSE plc has announced the official opening of the 588 MW Beatrice offshore wind farm in the Outer Moray Firth, Scotland. Situated in the North Sea, 13 km off the coast of Caithness, […]

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WFEC, NextEra Sign PPA for Largest Combined Wind-Solar-Storage Project in US

WFEC has entered into a PPA with NextEra Energy, for the largest combined wind, solar and energy storage project in the US. Western Farmers Electric Cooperative (WFEC) has announced that it has entered into a power purchase agreement (PPA) with a subsidiary of NextEra Energy Resources, for the largest combined wind, solar and energy storage […]

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Big Move! GST Council Trims Tax on EVs, Chargers to 5%

According to the Finance Ministry statement, these changes will be effective from August 01, 2019. The GST Council chaired by Finance Minister Nirmala Sitharaman has decided to slash GST rates on all electric vehicles (EVs) to 5 percent from the existing 12 percent and has cut the current 18 percent GST on electric vehicle chargers or […]

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Lincoln Clean Energy Commissions 184 MW Wind Project in Texas

Lincoln Clean Energy (LCE) has achieved commercial operation of its Lockett Wind project, a 184MW wind farm in Wilbarger, Texas. Lincoln Clean Energy (LCE), a subsidiary of Ørsted and leading developer of US renewables, has achieved commercial operation of its Lockett Wind project, a 184MW wind farm in Wilbarger, Texas. The project will generate over […]

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Firms Go to Court Against AP Order to Review PPAs

Andhra Pradesh government’s decision to review RE contracts has led wind energy firms to file a writ petition against the move. Fearing that the move will set a precedent for other states to follow, wind energy companies led by their associations have filed a writ petition in the Andhra Pradesh High Court challenging the state’s […]

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Secretary Shuffle: SC Garg Moves From Finance to Power

In the first major bureaucratic shuffle of its second term, the government has transferred Finance Secretary SC Garg to the power ministry. In the first major bureaucratic shuffle of its second term, the Narendra Modi government on July 24, 2019,  transferred Finance Secretary Subhash Chandra Garg to the power ministry while appointing Atanu Chakraborty as the […]

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