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CleanMax Gets ₹1,650 Cr Equity Investment from Augment Infrastructure

Mumbai-based clean energy company CleanMax Enviro Energy Solutions Pvt. Ltd. has revealed that US investment firm Augment Infrastructure will acquire a majority stake in it for Rs 1,650 crore. Augment is purchasing the existing stake of Yellow Bell Investment Ltd (an affiliate of Warburg Pincus, a leading global private equity firm focused on growth investing) […]

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MSEDCL Seeks 500 MW Solar For Meeting RPO Obligations

Maharashtra discom MSEDCL (Maharashtra State Electricity Distribution Company Limited) has issued an RFS (request for selection) to procure solar power up to capacity of 500 MW from Grid connected Solar Projects through Competitive Bidding Process (conducted through electronically facilitated online web based portal of M/s ISN Electronic Tender followed by reverse auction). While a pre-bid […]

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Facebook Ties up With CleanMax for 1st Renewable Energy Project in India

Facebook has partnered with Mumbai-based clean energy firm CleanMax for a 32 MW wind power project to be built in southern Karnataka. Around 50% of the project’s energy generation capacity has already been commissioned and is producing electricity. While CleanMax will handle the ownership and operation of the project, Facebook will purchase electricity off the […]

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PXIL Launches Green Term Ahead Market (GTAM)

Power exchange India Limited (PXIL), the energy trading market  promoted by NSE & NCDEX has launched the Green-Term Ahead Market (GTAM) on its transaction platform on 24th March 2021. The development took place after receiving approval from the Central Electricity Regulatory Commission (CERC) on March 19, 2021. To familiarize the market participants about the product and […]

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CESL Officially Launches the GRAM UJALA Programme

CESL has unveiled the GRAM UJALA programme, under which it plans to distribute LED bulbs at an affordable cost of Rs 10 per bulb in rural areas Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has officially unveiled the GRAM UJALA programme. Under this programme, CESL will distribute high-quality […]

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CESL Tenders for 10 Million LED Lamps Under Gram UJALA Program

A wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), Convergence Energy Services Limited (CESL) has invited bids from interested bidders for seeking private participation on a revenue-sharing basis for distributing 10 million LED Lamps under its Gram Ujala program. The last date to submit the bids is March 31, 2021, while a pre-bid meeting will […]

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The Plan is to Power the Entire Agriculture Sector With Solar: RK Singh at RE-Invest

India’s plan is to rapidly take forward the idea of solarising its agriculture sector, and not just stop at solar pumps but cover the entire value chain. Agro-PV offers an opportunity to enable the achievement of both sustainable agriculture and clean energy transitions. Decentralised and distributed renewable energy solutions including solar-powered irrigation can significantly contribute […]

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Tender for 200 MW Wind Power Issued in Maharashtra

MSEDCL has issued an RfS for the procurement of 200 MW wind power on a long term basis from intra-state wind power projects in Maharashtra The Maharashtra Electricity Distribution Corporation (MSEDCL) has issued a Request for Selection (RfS) for the procurement of 200 MW wind power on a long term basis from intra-state wind power […]

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Torrent Power Issues RfS for Procurement of 300 MW Solar Power

Torrent Power has issued an RfS for the purchase of 300 MW power from grid-connected solar PV power projects in the state of Gujarat. Gujarat-based electricity generation, transmission and distribution company, Torrent Power (TPL) has issued a Request for Selection (RfS) for the purchase of 300 MW power through competitive bidding process followed from grid-connected […]

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