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Ind-Ra Upgrades Mytrah Energy from ‘IND-BBB’ to ‘IND-A’

The rating agency has upgraded Mytrah’s long-term credit rating from ‘BBB’ TO ‘A-‘ and short term rating from ‘A3’ to ‘A2+’. A leading wind energy service provider in India, Mytrah Energy (MEIPL) has received a higher credit rating from the chief market analyst India Ratings and Research (Ind-Ra). The rating agency has upgraded Mytrah’s long-term […]

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Government Adopts ‘Integrate to Innovate’ Agenda for Energy Startups

The programme will offer energy startups an opportunity to bring their ideas to life with the guidance and support from corporates. As per Ministry of Commerce and Industry, India’s investment promotion agency, Invest India has joined hands with energy sector companies to offer a unique lab-to-market opportunity for Indian energy startups through the Integrate to […]

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Farmers Get Subsidy up to 30% for Installing Solar Water Pumps: MNRE

Till now over 1.85 lakh solar water pumps have been reported installed in the country under the MNRE Programme. In a written reply to a question in Lok Sabha, Union Minister of State (IC) Power and New & Renewable Energy (MNRE), R K Singh mentioned that the ministry is providing subsidy up to 30% of […]

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Mahindra Asserts Launch of Electric KUV100 in 2019

Electric KUV100 would be first electric SUV to be sold commercially in India which was also showcased in the 2018 Auto Expo. Mahindra and Mahindra (M&M), India’s leading car manufacturing MNC has announced the launch of an all-electric Mahindra KUV100 in 2019. Electric KUV100 would be first electric SUV to be sold commercially in India […]

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Electricity to farmers through renewable energy sources

The Ministry of New & Renewable Energy (MNRE) is providing subsidy up to 30% of the benchmark cost of the solar water pumps to the farmers under Off-grid and Decentralized Solar PV Applications Programme. Till date over 1.85 lakh solar water pumps have been reported installed in the country under the Programme. The Ministry of […]

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SECI Floats Tender for 2 MW Solar Power Project in Spiti Valley

The Kaza solar tender for the grid connected solar power project includes the installation of 1 MWh of Battery Energy Storage System (BESS) for the storage of power generated. Solar Energy Corporation of India (SECI) has floated an e-tender for setting up of 2 MW Alternative Current (AC) solar power project at Kaza subdivision of […]

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Duke Energy Florida Announces New Solar Power Plant in Columbia County

The Columbia Solar Power Plant will be built on 580 acres in Fort White (Columbia County) Fla., off of Fry Road. Duke Energy Florida has announced the location of its newest universal solar power plant, which will provide cleaner, smarter energy solutions to benefit its Florida customers. The Columbia Solar Power Plant will be built on 580 acres […]

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NISE Extends Bid Submission Deadline for Advanced PV Characterization Laboratory

Earlier, NISE had floated a tender/bid for the planning, designing, development, supply, installation execution and commissioning of f Class 100K Clean Room for Advanced PV characterization laboratory on Turnkey basis at National Institute of Solar Energy, Gurugram, Haryana. The National Institute of Solar Energy (NISE) has extended deadline for bid submission for a class 100K […]

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India Imposes 25% Safeguard Duty on Solar Imports

Finance ministry has imposed a safeguard duty of 25 percent on the imports from July 30, 2018 to July 29, 2019 and a gradually reduced rate of 20 percent from July 30, 2019 to January 29, 2020 and 15 percent from January 30, 2020 to July 29, 2020. Keeping in view the interests of the […]

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