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Renascent Power to Buy 75% PPGCL under Stressed Asset Resoln Process

Further, this transaction is the result of stressed asset resolution process initiated by the lenders through a competitive bidding process. Renascent Power Ventures, arm of Resurgent Power, signed a Share Purchase Agreement (SPA) with a consortium of lenders led by State Bank of India (SBI) to acquire 75.01 percent stake in Prayagraj Power Generation Company […]

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Tata Power Solar Launches Residential Rooftop Solution in Bhubaneswar

The consumers can avail a chance to earn from their idle rooftop space. Tata Power Solar has launched a complete residential rooftop solution in Bhubaneswar providing up to Rs 50,000 worth of saving annually for a period of 25 years. The consumers can avail a chance to earn from their idle rooftop space. To further […]

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Tata Power-DDL Becomes 1st Utility to Get PEER Gold Certificate in Asia

Tata Power Delhi Distribution Ltd (Tata Power-DDL) has become the first company in the entire Asian continent to receive PEER (Performance Excellence in Electricity Renewal) Gold Certificate from Green Business Certificate Institute (GBCI). GBCI is the premier organization independently recognizing excellence in green business industry performance and practice globally. The award was presented by Milli […]

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Tata Power Hosts the 2nd Annual Distribution Utility Meet, 2018

Tata Power, India’s largest integrated power utility hosted the 2nd Annual Distribution Utility Meet, 2018 today in Mumbai. The event was inaugurated by Mr. Arvind Singh, Principal Secretary – Energy, Government of Maharashtra in the presence of Mr. Praveer Sinha, CEO & MD, Tata Power and Mr. Reji Kumar Pillai, President, India Smart Grid Forum (ISGF). […]

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ACME Solar Appoints Barclays, JPMorgan for private InvIT

So far, only three companies—L&T Infra, IRB Infra and India Grid Trust—have tapped the InvIT route for fundraising Renewable energy company ACME Solar Holdings Ltd has hired two investment banks as the company looks to start work on its proposed infrastructure investment trust (InvIT) amid a prolonged delay in a planned initial public offering (IPO), […]

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Cleanmax Solar Donates Solar Plant to Komaravolu Gram Panchayath, AP

Moreover, the Gram Panchayath is estimated to save up to Rs 58,000 per year as this solar plant will approximately generate 29,000 kWh electricity units per annum for next 25 years. Country’s one of the leading rooftop solar developer CleanMax Solar has donated 20 kWp solar plant to the Gram Panchayath of Komaravolu village in […]

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Tata Power Solar Launches Extensive Residential Rooftop Soln in Ajmer

These residential rooftop solutions are expected to save upto Rs 50,000 annually for 25 years. Tata Power’s solar arm, Tata Power Solar, has launched the complete residential rooftop solution in Ajmer. These residential rooftop solutions are expected to save upto Rs 50,000 annually for 25 years. A votary of reducing carbon footprint, Tata Power Solar’s […]

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Sembcorp Commissions 250 MW Wind Project; Beats SECI Timeline

The wind power project was dedicated to the nation by Minister of State (IC) for Power and New & Renewable Energy, Raj Kumar Singh at the 2nd Global RE-INVEST summit.   Sembcorp Energy India (SEIL) and Suzlon Group has completed the 250 MW wind power project, which is the first among all SECI auctioned wind […]

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Schoolchildren Set World Record Lighting 5000 Solar Lamps at Once

More than 1.25 lakh students participated in SoUL which was held in 850 schools across the country for assembling solar lamps. After IIT-Bombay initiated the programme Solar Urja Lamp (SoUL) for the schoolchildren to assemble solar lamps from solar kits, a world record has been set by the children who lit 5000 solar lamps all […]

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