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EVs to Dominate Global Passenger Cars, Buses Sales by 2040: BNEF

However, the heavy trucks sales will be limited to only 19 per cent in 2040 and will prove the hardest segment for electrics to crack, and their use case will mostly be in shorter-distance applications. One of the leading research firm Bloomberg NEF (BNEF) in it’s annual outlook for 2019 has analysed that electric vehicles […]

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Pharma Major Cipla Acquires 26 Percent Stake in AMPSolar Owned Local SPV

The acquisition is expected to be completed by June 12, 2019. Cipla has invested Rs 12.9 crore for the 26 percent stake in the SPV. Indian multinational pharmaceutical and biotechnology company, Cipla, has announced the acquisition of a 26 percent minority stake in AMPSolar Power Systems Pvt. Ltd. (AMPSolar), a wholly owned subsidiary of AMPSolar […]

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CEL Floats Tender For Web Based Centralised Solar Monitoring System

The last date for bid submission is June 10, 2019 The Central Electronics Limited (CEL) has invited bids from eligible bidders for commissioning of a web-based centralised solar monitoring system. The scope of the contract includes the supply, installation, testing and commissioning of the web-based centralised solar monitoring system with a warranty. The selected bidder […]

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Scatec Solar Brings on MT Energy For 485 MW Solar Projects in Vietnam

Scatec Solar is envisioned to provide the project’s equity funding. In addition, the company will be the turn-key EPC provider and will be providing Operation & Maintenance as well as Asset Management services to the projects. Norway-based Scatec Solar has partnered with MT Energy, a Vietnamese energy company, to develop, finance, construct and operate large-scale […]

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MES Issues Tender For 500 kW Solar Plant in Jamnagar

The last date for submission of bids is June 20, 2019 The Military Engineer Services has issued a tender, seeking bids from eligible parties to develop 500 kW solar PV power plant at the MIL station in Jamnagar. The scope of work for the selected bidders will include the design,  supply, installation, testing and commissioning […]

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Kerala Commission Orders State Discom to Clarify PPA Arrangements For Wind Project

The Commission noted that both the parties need to arrive at a consensus for getting the approval of the PPA to be entered, and regarding the tariff, commercial operation date. The Kerala State Electricity Regulatory Commission (KSERC) recently held a hearing for a petition filed by Kosamattam Finance Ltd. (KFL) regarding the project tariff period, […]

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Maharashtra Discom Warned Over Late Payment to Wind Developers

If MSEDCL deviates from its commitment to Petitioners to clear the dues within the time limit, penal interest will accrue thereafter at 1.25% per month on any Late Payment Surcharge/Delayed Payment Charge. The Maharashtra Electricity Regulatory Commission (MERC) has cautioned state Discom Maharashtra State Electricity Distribution Corporation Ltd. (MSEDCL) over the delay in making payments […]

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Rooftop Solar Tender Totaling 4.715 MW Issued by Northern Railways

The last date for bid submission is June 6, 2019 The Northern Railways has issued a tender, inviting bids from eligible bidders for development of rooftop solar installations across multiple D and E category railway stations in its jurisdiction. The Railway authority is seeking developers for setting up 133 installations of 10 kW capacity rooftop […]

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