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Govt Exploring New Lending Institutions to Support Small Enterprises: Gadkari

The government is exploring new financial lending institutions to support small-scale units to provide financial support, said Nitin Gadkari, the Union Minister for Micro, Small and Medium Enterprises (MSME) and Road Transport and Highways (MORTH). The Minister assured the industry stakeholders that the government is working towards strengthening the NBFCs which will help small businesses […]

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AAI Urges CERC for Price Correction in RE Certificates to Avoid Industry Burden

The Aluminium Association of India (AAI) has urged power sector regulator Central Electricity Regulatory Commission (CERC) for price correction in the Renewable Energy Certificates (RECs) in order to avoid the unnecessary burden on the industry. AAI requested to immediately look into the skewed market of REC which, according to it, is resulting in artificial demand and price […]

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Solar Has Huge Potential to Benefit Energy Extensive Sectors, says Gadkari

Solar sector has a huge potential and it can help in reducing the electricity cost significantly, said Nitin Gadkari, the Union Minister for Micro, Small and Medium Enterprises (MSME) and Road Transport and Highways (MORTH). The Minister said during a meeting with the members of Maha Solar Sangathan, via video conferencing, to understand the opportunities […]

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Military Engineer Services Floats Tender for Solar Led Lights

State-owned Military Engineer Services (MES), which provides an infrastructure for armed forces, has invited bids for the provision of solar LED lights and LED fittings & fixtures. The scope of work includes the provisioning of solar LED lights, provisioning of LED fittings and fixtures in MD ACCN and provisioning of modular switches and false ceiling […]

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Chinese firms look for New Models for Overseas Sales amidst Covid-19 Challenges

Amidst the coronavirus crisis, these days Chinese firms are actively searching for new ways in order to increase the sale of their products in the overseas markets. In line with this, two Chinese companies, CECEP Solar Energy Technology (ZhenJiang) Co., Ltd and Zhongshi Solar Energy Saving & Resources (Jiangsu) Co., Ltd, entered into a partnership […]

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Green Certificates Trading Mirrors Power Slowdown with 35% Drop

Renewable energy certificates (REC) sales slumped by over 35 per cent to 2.37 lakh units in April. In April 2019, total sales had crossed 3.68  lakh. The figures come from the Indian Energy Exchange, the premier platform for trading in these certificates, along ith Power Exchange of India (PXIL). RECs are a significant option for […]

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Inox Wind Arm Sells Entire 51% Stake in Sri Pavan Energy

Inox Wind, a leading wind energy solutions provider in India, said that its wholly-owned subsidiary, Inox Wind Infrastructure Services Ltd (IWISL), has sold its entire 51 per cent shareholding in Sri Pavan Energy for about Rs 5.1 lakh. The Kailash Lal Tarachandani-led company said in a regulatory filing that, “our wholly-owned subsidiary, Inox Wind Infrastructure […]

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SECI Issues NIT for Setting Up of 10 MW Grid Connected Solar Plant in Rajasthan

State-owned Solar Energy Corporation of India (SECI) on Friday has revealed its plan for setting up of 10 MW grid-connected solar photovoltaic (PV) power plant in Rajasthan. In this regard, the nodal agency has issued a notice inviting tender (NIT) for the “selection of solar power developers for setting up of 10 MW grid-connected solar […]

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