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REC Sanctions Rs 7 Cr to Ramp Up Relief Work Amid Lockdown; More to Come

The central public sector undertaking (CPSU) REC Ltd, via its CSR arm REC Foundation, has sanctioned Rs 7 crore in a step to speed up the relief work amidst lockdown due to the spread of the coronavirus pandemic. Concerned over the plight of daily wagers, the navratna non-banking finance company (NBFC) said that more such […]

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As India Goes Electric, MellowVans Offers A Model for Cargo

One of the more heartening things about the introduction of electric vehicles in India has been the fact that it happened without any major government support. The famed subsidies and other incentives that it took to get a significant part of the population moving by EV’s, was never put to use here, as E-rickshaws, proliferated. […]

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Reinvest 2020, BCD, Mfg. And More- Highlights from MNRE-USISPF Webinar

At a Webinar organised late yesterday evening by the US India Strategic Partnership Forum (USISPF), participants got dollops of reassurance, and an insight into the future for renewable energy in India, including manufacturing, as India’s MNRE sees it, with inputs from key industry leaders. You can read an earlier report on on key issues highlighted […]

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PSPCL’s Advance Payment Scheme. Lucrative Offer or Open Distress?

A visit to the website of the Punjab State Power Corporation Limited (PSPCL), the state’s primary discom, reveals an interesting offer that has just been released . Promoted as a ‘Golden opportunity to earn lucrative returns by advance payment’ the offer promises a return of 1 percent per month, or 12 percent per annum, for […]

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Govt Extends CEL Bid Deadline to 1 Month amid Covid-19

On the back of ongoing situation due to the Covid-19 outbreak in the country, the Government of India (GoI) has extended the deadline for submitting bids for its solar products manufacturing unit Central Electronics Ltd (CEL) by a month. Earlier in the month of February, the Department of Investment and Public Asset Management (DIPAM) issued […]

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Tata Power-DDL Urges Consumers to Support in Fight against Corona by Paying Timely Bills

Tata Power Delhi Distribution Ltd (Tata Power-DDL), the distribution arm of Tata Power and Delhi Government, has urged its 7 million consumers in North Delhi to help power the collective fight against coronavirus pandemic by paying electricity bills on time. This is significant as the power sector across the country is already dealing with a number of […]

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BHEL Gears Up to Fight against Coronavirus Pandemic

Amid the ongoing crisis due to coronavirus pandemic in the country, state-owned power generation equipment manufacturer Bharat Heavy Electricals Ltd (BHEL) said that it has now geared up to offer assistance in whatever way possible to India’s determination in combating this calamity. The New Delhi based engineering and manufacturing company said that it will keep […]

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Lockdown Sees Power Demand Drop by 20 GW; Spot Power Price Touches 60p

The nationwide lockdown has wiped away the power demand by as much as 20 GW and forced the spot power price of electricity drop to a three-year low of 60p According to data made by available by the Indian Energy Exchange (IEX) the nationwide 21-day lockdown which has seen all factories and businesses shut down […]

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Coronavirus Impact on Power-Collections And More

Power Discom BSES Rajdhani Power Ltd (BRPL) has now suspended some of its services including meter reading and bill delivery until further directions from the Delhi Electricity Regulatory Commission (DERC). However, the state Discom said that provisional bills will be raised as per the DERC guidelines. The move came after the government has enforced lock-down […]

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