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Climate Pledge Set To Invest $2.65 Mn For EV Charging Stations

The Climate Pledge, co-founded by Amazon and Global Optimism, is set to build a new project powered by renewable energy. Through this project, over $2.65 million will be collectively invested in these renewable energy-powered charging stations by signatories and partners of firm. This $2.65 million initiative aims to support over 5,500 EVs by 2030 and […]

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MERC Orders Increase In Licence Fees For Maharashtra Discoms

The Maharashtra Electricity Regulatory Commission (MERC) has now decided to increase the annual licence fees for discoms, paid to the state power regulator. These charges are paid by the state discoms under the MERC (Fees and Charges) Regulations. The state power commission passed the order after hearing the arguments of the stakeholders on the matter, […]

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Govt Releases Revised Guidelines For EV Charging Stations

The Ministry of Power has now issued a revised guidelines for setting up electric vehicle (EV) charging stations at private, public and restricted areas. The fresh norms talked about a ceiling in the tariffs of EV charging stations, maximum service charges from consumers during solar and non-solar hours. The new rules also touched upon the […]

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Head- Front Office

As Head of Front Office, you’ll report to Vice President-Market Operations, India and would be working with Statkraft Markets which is responsible for commercial activities and operations for Statkraft’s assets/portfolios in India. Statkraft Market’s mandate is to optimize assets revenues, grow, operate, and manage profitable portfolios of structured power transactions and develop business ideas which can be asset […]

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Sep 18 Int’l Briefs- Ib Vogt, USTR Section 301 Tariffs, Al Ajban Project

ib vogt and NextEnergy Capital agree on 110 MWp Solar Project acquisition for their NextPower V ESG fund International solar developer ib vogt and NextPower V ESG have successfully agreed on a deal for the sale and purchase of a 110 MWp solar photovoltaic project,  respectively. The project, located in Segovia, Spain, is to be […]

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Assam Issues Draft Net Metering Guidelines For Solar Projects

The Assam Electricity Regulatory Commission (AERC) has released a draft notification, outlining the guidelines for group net metering and virtual net metering for renewable energy. The northeastern state, in its guidelines, stated, “The distribution licensees will be required to facilitate and bear the capital expenditure for Service Line cum Development (SLD). This aims to facilitate […]

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Tata Power Renewable Energy Secures 400 MW Hybrid Project from MSEDCL

Tata Power Renewable Energy Limited (TPREL), the green arm of the Tata Power Company Limited, has successfully secured a Letter of Award (LoA) from the Maharashtra State Electricity Distribution Company Limited (MSEDCL), a wholly owned entity under the Maharashtra Government, for the development of a 400 MW Wind-Solar Hybrid project in Maharashtra. The LoA includes […]

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Torrent Power Wins 1,500 MW/12,000 Energy Storage Bid From MSEDCL

Torrent Power Limited recently secured a 1,500 MW pumped hydro storage project from the Maharashtra State Electricity Distribution Co. Limited (MSEDCL). Under this mutually agreement provisions, Torrent Power will procure 1,500 MW/12,000 MWh of energy storage capacity from the pumped hydro storage (PSP) project. MSEDCL will provide a detailed Letter of Award (LOI) after obtaining […]

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RMC Switchgears Secures 41 MW Solar PV Project In Maharashtra

RMC Switchgears today received an order to develop a 41 MW (AC) solar photovoltaic power project in Maharashtra. RMC Switchgears received a contract from the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the solar photovoltaic power project in the RESCO model. The project will be executed under the Mukhyamantri Saur Krushi Vahini Yojana 2.0, […]

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