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Cabinet Approves Rs 3,760cr For VGF Scheme On Battery Storage

Union Minister Anurag Thakur said that the Union Cabinet today approved a special scheme of Viability Gap Funding (VGF) for the battery energy storage system manufacturers in India. After the Cabinet meeting, he briefed the media on the issue today in New Delhi. Prime Minister Narendra Modi chaired the meeting. The announcement came days before […]

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TERI Issues RFP for 20 MW/ 40 MWh Battery Energy Storage Systems (BESS) in Delhi

TERI (The Energy & Resources Institute) has issued an RFP for the design, supply, testing, installation, commissioning, operation and maintenance of 20 MW/ 40 MWh Battery Energy Storage Systems (BESS) in Delhi under tariff-based competitive bidding. The last date for submission of bids is September 22, 2023. Bids open on September 29, 2023. The scope […]

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Wind Industry Experts Bat For Extending PLI For Component Makers 

Experts working in the wind energy sector claimed that to expedite the growth of wind energy in the country, the government should consider giving incentives to the manufacturers of components and sub-components of wind turbines.  During a recent press conference in New Delhi, Amit Kansal, CEO and Managing Director of Senvion India, an Original Equipment […]

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Clients Willing To Pay A Premium For Green Data Centres- Moiz Vaswadawala, NTT

Moiz Vaswadawala, Vice President, Risk management and Sustainability at NTT Global Data Centers & Cloud Infrastructure India Pvt Ltd, the leading data center provider in India currently, talks about the push towards greener, more sustainable data centres. Excerpts from the interview: What is a data centre’s total energy footprint like, in terms of power, water, […]

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AmpIn Energy Transition Powers Allana Group with 4.5 MW Solar Energy

AmpIn Energy Transition, an energy transition platform and renewable energy Independent Power Producer (IPP) has solidified a strategic partnership with Allana Group to provide 4.5 MW of solar power to Allana Group’s plant in Aligarh, Uttar Pradesh. AmpIn has marked a strong presence as a renewable energy IPP in Uttar Pradesh (UP) with a robust […]

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Larger Cities Set To Get 150 E-Buses Under PM eBus Sewa 

The Ministry of Housing and Urban Affairs (MoHUA) has now released its Prime Minister eBus Sewa guidelines. Earlier on August 16 this year, the Union Cabinet had approved the scheme for augmenting electric mobility in Indian cities. The scheme aims to deploy 10,000 e-buses under PPP mode in 169 Indian cities. The scheme aims to […]

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IREDA Signs MoUs With Union Bank, Bank of Baroda To Finance RE Projects

The Indian Renewable Energy Development Agency Ltd. (IREDA) has signed Memorandums of Understanding (MoUs) with Union Bank of India (UBI) and Bank of Baroda (BoB) on September 5, 2023.  The central government utility said these agreements would empower IREDA to collaborate with UBI and BoB in co-lending and loan syndication for a wide range of […]

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IREDA & IIFCL Unite for Financing of Renewable Energy Projects

A Mini Ratna (Category – I) Government of India enterprise under Ministry of New and Renewable Energy, Indian Renewable Energy Development Agency Ltd., (IREDA) has joined hands with India Infrastructure Finance Co. Ltd (IIFCL). The MoU signed between the two entities will pave the for the financing of renewable energy projects. IREDA and IIFCL will […]

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Solar Startup Ellipsol Raises Rs 2.5 cr Seed Funding

Ellipsol, a next-generation solar company developing path-breaking solar energy solutions, has raised rupees 2.5 crore in a seed funding round led by Capital A. The funding round also saw the participation of the Grand Anicut Fund. Other individuals also contributed to the funding round. Ellipsol’s site, that is yet to open formally, promises 2X the […]

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