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‘PRATYAY’ a New Trading Platform from Power Exchange India

With an aim to ease participation and provide customer delight for trading on the exchange, Power Exchange India Ltd (PXIL) on Monday has unveiled its new technology-based trading platform called ‘PRATYAY’. As per PXIL, this new service provides single platform for all segments and offers hassle-free migration from thick client-based solution to a complete web-based […]

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UNDP Tenders For 10.5 MW Solar Power Projects in Gambia

The last date of bid submission is April 23, 2019. The United Nations Development Program (UNDP) has invited interested companies to submit expressions of interest (EoI) for the deployment of two solar PV projects (Project I and Project II) in the Gambia to be implemented by a single Independent Power Producer (IPP). Project 1 will […]

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GAIL Seeks Shareowners’ Nod to Make Solar Power Plants

GAIL has sought a nod to play an investor in start-ups and as a developer, in the prolific solar energy market. In order to diversify its portfolio beyond gas and petrochemicals, India’s largest natural gas processing and distribution company, Gas Authority of India (GAIL) has sought its shareholders’ permission to amplify its work profile beyond […]

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Suzlon Energy Posts Q4 Net Loss at Rs 470 Cr; 340 MW Solar Projects Commissioned

There is traction across all new and emerging segments in the sector as evidenced in several positive policy actions for offshore, wind‐solar hybrid, repowering, captive, and feed‐in‐tariff for small projects upto 25 MW, says Tulsi Tanti. Solar & other renewable energy solutions provider Suzlon Energy reported its consolidated net loss at Rs 469.85 crore in […]

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INDIA Marches Ahead

As 2017 comes to an end, it is worth taking a holistic look at the Indian solar market to analyze key trends, challenges and outlook. By many accounts, the Indian solar power industry is on a roll. According to a report released by consulting firm Bridge to India, India is expected to reach an installed […]

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Mytrah Energy Successfully Raises Rs. 1800 Crore

The 1800 crore fund is being invested in the form of non-convertible debentures (“NCDs”) with a 7-year tenor into two Mytrah Group entities, Mytrah Energy (India) Private Limited (Rs. 980 crores) and Mytrah Ujjwal Power Private Limited (Rs. 820 crores). Mytrah, the Hyderabad-based renewable power producer has raised Rs 1,800 crores from Piramal Group’s financial […]

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