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Peak Power Demand Still Down in May, Struggling at 134.7 GW

The peak power demand in India has remained low at 134.7 GW, being down by over 26 percent so far in May despite the easing of the nationwide lockdown The peak power demand in India has remained low at 134.7 GW, being down by over 26 percent so far in May. The low has been […]

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Startup Feature – E-Chargeup Solutions

Total employees: 5 Turnover: Rs 24.11 Lakh Key operational areas (Products, Regions, Clients) E-ChargeUp is a platform for battery swapping especially for the electric three wheelers. It has been operational since June 2019 and catered to 100 vehicles in Delhi, Noida and Gwalior. Founding Members detail E-ChargeUp was founded in 2019 by Varun Goenka. He has 10 years […]

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MYSUN Raises $4.2 Mn; Plans for another $35 Mn Funding in Few Quarters

MYSUN, a Delhi based rooftop solar installer, on Wednesday said it has raised USD 4.2 million (or Rs 32 crore) from its existing investors in a structured equity deal as a part of its Pre-Series A round. Besides this USD 4.2 million funding, the rooftop solar installer is also looking to raise another round of […]

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No Spike in Power Demand With Partial Easing of Lockdown

The partial relaxation in lockdown from April 20 onwards could not perk up power demand, which remained almost static so far mainly due to cool weather. The partial relaxation in lockdown for certain economic activities from April 20 onwards could not perk up power demand, which remained almost static so far mainly due to cool weather. According […]

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NTPC Issues Global EOI For Hydrogen Fuel Bus and Car project

NTPC Ltd, India’s largest power producer and a central PSU under the Ministry of Power has invited Global Expression of Interest (EoI) to provide 10 Hydrogen Fuel Cell (FC) based electric buses and an equal number of Hydrogen Fuel Cell based electric cars in Leh and Delhi. The EoI has been issued by NTPC’s wholly-owned […]

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REC Sanctions Rs 7 Cr to Ramp Up Relief Work Amid Lockdown; More to Come

The central public sector undertaking (CPSU) REC Ltd, via its CSR arm REC Foundation, has sanctioned Rs 7 crore in a step to speed up the relief work amidst lockdown due to the spread of the coronavirus pandemic. Concerned over the plight of daily wagers, the navratna non-banking finance company (NBFC) said that more such […]

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Reinvest 2020, BCD, Mfg. And More- Highlights from MNRE-USISPF Webinar

At a Webinar organised late yesterday evening by the US India Strategic Partnership Forum (USISPF), participants got dollops of reassurance, and an insight into the future for renewable energy in India, including manufacturing, as India’s MNRE sees it, with inputs from key industry leaders. You can read an earlier report on on key issues highlighted […]

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PSPCL’s Advance Payment Scheme. Lucrative Offer or Open Distress?

A visit to the website of the Punjab State Power Corporation Limited (PSPCL), the state’s primary discom, reveals an interesting offer that has just been released . Promoted as a ‘Golden opportunity to earn lucrative returns by advance payment’ the offer promises a return of 1 percent per month, or 12 percent per annum, for […]

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Tata Power-DDL Urges Consumers to Support in Fight against Corona by Paying Timely Bills

Tata Power Delhi Distribution Ltd (Tata Power-DDL), the distribution arm of Tata Power and Delhi Government, has urged its 7 million consumers in North Delhi to help power the collective fight against coronavirus pandemic by paying electricity bills on time. This is significant as the power sector across the country is already dealing with a number of […]

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