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Going Solar? Know Your Energy Metering Options

It’s necessary for a prosumer, who is going to install a solar system, to understand the relevant vocabulary before choosing the best energy metering option. Of course, in India, chances are you won’t really have a choice, as your options will be dictated by whatever is allowed in your region or state. For starters, a […]

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MGVCL Issues Tender For Solar Projects Under KUSUM Program

Madhya Gujarat Vij Company Ltd. (MGVCL) has invited bids for the supply of 42.8 MW of solar projects in Gujarat. This solar project is a grid-connected feeder level solar power project and the associated power line under Component C of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) program. The last date for […]

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Actis Buys 400MW Solar Assets Of Kolkata-Based Atha Group

In a key development, Actis LLP has emerged successful in the bid to obtain solar power based assets of 400 MW from Kolkata-based Atha Group. The equity value had been pegged at $100 million. As per reports, sale purchase agreement is already inked between the two companies. The deal of the solar power assets is […]

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Torrent Power Q1 FY23: Profit Sees Two-Fold Surge

Leading Ahmedabad-based power player Torrent Power Limited has released its Q1 FY-23 results. For the April to June quarter (Q1) of the current financial year, the company’s consolidated net profit increased by more than 140% to Rs 502.01 crore from Rs 207.78 crore in the equivalent quarter of the previous financial year 2021–22. The revenue […]

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Adani Solar Strengthens Retail Footprint In Maharashtra

Adani Group’s solar PV manufacturing and EPC arm, Adani Solar, has announced the expansion of its retail distribution business for Maharashtra with Roofsol Energy Pvt. Ltd. According to Adani Solar, Roofsol Energy will be the official channel partner for the Maharashtra region. Additionally, Adani Solar shared that it has now extended its reach to more […]

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NTPC Looks for Nuclear Power Addition; Bullish on Renewable Energy

Power conglomerate NTPC has announced in its 18th Analysts & Investors Meet that the company is foraying into nuclear power while maintaining its thrust on the renewable sector. Chairman and Managing Director, Gurdeep Singh, said, “Discussions are underway for adding the nuclear capacity. This is the new thing that you would probably be hearing that we […]

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Surat Municipal Corporation Issues Grid Connected Solar Tenders of 2 MW Each

Surat Municipal Corporation has floated two grid-connected solar tenders. Both tenders have a 2 MW capacity. One is for a solar plant to be installed on the BRTS route to Narmad University & the other one will be in Central Mall in Surat through the RESCO model. The last date for submitting the bids for […]

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Reliance’s Ambani Singles Out Green Initiatives As Game Changer In Message To Shareholders

Mukesh Ambani, Chairman and Managing Director at Reliance Industries, in his annual message to shareholders, has highlighted progress on the  group’s  green energy initiatives as a key area to watch for the future. The group, which had announced a commitment to invest $10 billion into it’s new energy initiatives in 2021, has made significant progress […]

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GSECL Invites Bids For The 20 MW Grid Connected Solar Plant

Gujarat State Electricity Corporation Limited (GSECL) has floated a tender for the supply of a 20 MW grid-connected solar power plant. This solar plant will be set up at Itiya of Bhavnagar District around the substation of GETCO, Gujarat.   The last date for submitting the bid for this solar power project is September 03, 2022, […]

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