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electricity

KSEB Signs PSA with SECI for Sourcing 200 MW Wind Power

KSEB has signed a PSA with SECI for procuring 200 MW of wind power. The Kerala State Electricity Board (KSEB) has signed a Power Supply Agreement (PSA) with the Solar Energy Corporation of India (SECI) for procuring 200 MW of wind power. The announcement was made by the nodal agency for implementing renewable energy projects […]

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Uttar Pradesh Invites Suggestions on Draft Open Access Regulations

Uttar Pradesh has issued the Draft guidelines specifying the terms and conditions for open access in the state. The Uttar Pradesh Electricity Regulatory Commission (UPERC) has issued the Draft guidelines specifying the terms and conditions for open access in the state. The commission has now invited suggestions and comments from stakeholders until July 8, 2019, […]

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BESCOM Planning For 650 EV Charging Stations in Karnataka

BESCOM has revealed that it plans to install 650 EV charging stations in the state of Karnataka, with 100 stations planned for Bengaluru. The Bangalore Electricity Supply Company (BESCOM) has revealed that it plans to install 650 Electric Vehicle charging stations in the state of Karnataka, with 100 stations planned for Bengaluru. The proposal has […]

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BHEL Wins EPC Orders Worth 800 Cr For Setting Up 2 Solar Plants

BHEL has won EPC contracts worth Rs 800 crore for setting up two solar PV power plants. Bharat Heavy Electricals Limited (BHEL), the country’s largest power equipment manufacturer, recently announced that it has won Engineering, Procurement and Construction (EPC) contracts worth Rs 800 crore for setting up two solar PV power plants. The two orders […]

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DERC Issues Group and Virtual Net Metering Guidelines

DERC has issued the group and virtual net metering framework, paving the way for rooftop and agri-solar plants in residential areas and villages in the city The Delhi Electricity Regulatory Commission (DERC) has issued the capital’s group and virtual net metering framework, paving the way for the installation of rooftop and agri-solar plants in residential […]

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Vattenfall Issues its First Green Bond Worth EUR 500 Mn

In line with the company’s investments in fossil-free energy and climate-smart solutions, Vattenfall has for the first time issued a green bond. In line with the company’s investments in fossil-free energy and climate-smart solutions, Vattenfall has for the first time issued a green bond. The size of the bond issue is EUR 500 million, with […]

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Norway Passes Law, Sovereign Fund To Become More Greener

Norway’s Government Pension Fund Global has obtained a go-ahead to divest as much as $13bn of investments from fossils fuels after its parliament voted to pass the law The world’s largest sovereign wealth fund which handles over $ 1trillion worth of Norway’s investments has been given a green light for the largest fossil fuel divestment […]

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World Bank Report on Tracking SDG7: The Energy Progress Report 2019

The Tracking SDG7: The Energy Progress Report 2019 shows that despite the progress, reaching the remaining unserved people, including those connected to frail and overburdened urban grids, as well as displaced people, and hard-to-reach locations, will be challenging. An estimated 650 million people will be left without electricity access in 2030. The report tracks global, regional […]

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OPIC Approves $87 Mn in Funding For 250 MW Wind Project in Egypt

OPIC has approved $87 million in funding for a 250 MW wind project in Egypt to support economic growth through the development of power infrastructure. The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, today approved $87 million in financing to Lekela Egypt Wind Power BOO S.A.E. to support economic growth in […]

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