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CERC Turns Down PSEPL’s Petition Against NTPC to Refund Liquidity Damages

The Premise of the Order  Power Purchase Agreements dated 04.08.2016 were entered into between the petitioner – Parampujya Solar Energy Private Limited (PSEPL) and the respondent, NTPC. The petitioner is now seeking directions to NTPC Limited to accept the impact of Force Majeure events and extend the Scheduled Commissioning Date of the Project of the […]

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Honda to Launch E-Rickshaw Battery Swapping, New E-Motorcycles in India

Japan-based carmaker Honda has revealed its plans to establish a battery-sharing service for e-rickshaws in India. Honda said that it will achieve the task by the end of 2022. The maker has also launched its electric two-wheelers in India. The company said in a statement, “In India, Honda is planning to begin its battery sharing […]

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Ministry of Power Modifies Rules for Purchasing RTC Renewable Energy

The parameters for the tariff-based competitive bidding process to purchase round-the-clock (RTC) power from grid-connected renewable energy projects have been amended, according to the Ministry of Power (MoP). Under Section 63 of the Electricity Act of 2003, these regulations were first released in July 2020. The current amendment permits producers of renewable energy to combine […]

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POSOCO Asks Power Exchanges To Bar 27 DISCOMs From Trading Until They Clear Dues

According to sources, Power System Operation Corporation Ltd (POSOCO) has asked three power exchanges – IEX, PXIL, and HPX – to restrict electricity trading by 27 discoms in 13 states that owe gencos money. POSOCO has issued a directive to the Indian Energy Exchange (IEX), Power Exchange of India (PXIL), and Hindustan Power Exchange (HPX) […]

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Kinetic Engineering To Establish a $250 Million Electric Vehicle Subsidiary

Kinetic Engineering (KEL), the Kinetic Group’s flagship company, has announced the formation of a subsidiary company focused on the electric vehicle (EV) segment. The subsidiary will have an authorized capital of up to $250 million, and the company will own more than 51% of it. KEL would use its strong technical knowledge and vast manufacturing […]

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X-ELIO Awarded 15 MW First Feed-In-Premium Auction In Japan

Spanish renewable energy developer company X-ELIO has received 15 MW from the Ministry of Economy and Trade Industry (METI) in Japan’s first Feed-in-Premium (FIP) auction, which awarded 153.7 MW of new solar PV capacity. This first FIP auction since COD saw the award of the company’s 15 MW project. The predicted start date for commercial […]

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EVA Sheet: An Important Constituent of a Solar Module; Explained

Apart from solar cells, a solar module consists of many components protecting or prolonging the lives of the cells. A standard module consists of a Frame on outer edges, glass sheet, and Ethylene Viny Acetate (EVA) sheet above the solar cells. Cells are covered from lower side again with an EVA sheet before hard and […]

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Mytrah Energy Proposes Review Of Old Order, CERC Disposes

In a recent order, the Central Electricity Regulatory Commission ordered as dismissed the petition of Mytrah Energy (India) Pvt. Ltd. (MEIPL) praying for review of the order dated 6.8.2019. The Commission had ordered on 6.8.2019 that the review petitioner, as the generating station of the review petitioner was not ready on the date of commercial operation […]

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