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Tata Power Delivers Steady Q2, 16th Quarter of Growing Profits

Tata Power has revealed its financial results for Q2 for FY24 in its analyst call presentations– for the quarter ended September 30, 2023. The private power firm that hopes to have a majority of it’s assets portfolio in renewables by FY26, has delivered a strong set of numbers, with profits after tax up 9% to […]

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Sterling & Wilson Reports Increase In Income, Reduced Losses 

Renewable Energy EPC firm Sterling and Wilson, in its latest filing, said that it witnessed a rise in its total income in the quarter ending September. The increase in income was reported on a Year-On-Year (YoY) basis and also on Quarter-On-Quarter (QoQ) basis.  As per the furnished details of the unaudited consolidated financial results, the firm reported […]

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EV Charger Market Projected at CAGR 46.5% Between 2022 & 2030: CES-IESA Report

The Customized Energy Solutions (CES) and India Energy Storage Alliance (IESA) have released their third annual “2022 India Electric Vehicle Charging Infrastructure & Battery Swapping Market Overview Report”. The report covers the present market trends and forecast of electric vehicle (EV) chargers by various charger types in terms of revenue (USD Million), capacity (GW) and […]

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What Is Delaying Commissioning of India’s 96 GW Under-Construction RE Projects?

A quarterly report by the Central Electricity Authority (CEA) for the period ending July 31 claims that renewable energy projects of up to 96 Gigawatt (GW) are under construction in the country. These projects are related to the renewable energy projects tendered through the Solar Energy Corporation of India (SECI) and other central public sector […]

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SECI’s Hybrid Projects Set To Offer Green Power At Rs 2.53/Unit

India is all set to get renewable power from upcoming 1,170 MW solar-hybrid projects at Rs 2.53 per unit. These Inter-State Transmission System (ISTS) projects are situated in states like Rajasthan, Karnataka and Gujarat. These projects are set to be commissioned by next year. These projects were part of the Solar Energy Corporation of India […]

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GUVNL Gets Nod For Short-Term Power Procurement For Winters

The Gujarat Urja Vikas Nigam Limited (GUVNL) has now got approval for short-term procurement from conventional energy sources to counter the peak demands between September to December this year. The Gujarat Electricity Regulatory Commission (GERC) recently approved the plan of the GUVL. GUVNL, in its petition before the GERC, told the Commission that anticipated peak demand for […]

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CERC Proposes SNA Charge of Rs 1 paise/kWh For Cross Border Power

The Central Electricity Regulatory Commission (CERC) has now proposed amending its older regulations for cross-border power trade. It has now proposed two new amendments to make these new changes. The new change proposes leaving an additional charge for the Settlement Nodal Agency (SNA) for the process. The CERC claimed this was due to costs like manpower, legal […]

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Pune Military College Becomes India’s First Carbon Negative Garrison

Pune’s College of Military Engineering has commissioned a 5 MW solar power plant. With the commissioning of this plant, the college has augmented its solar power generation capacity to 7 MW. CME claims to be the first carbon negative military formation in India. The CME has undertaken several initiatives towards curbing its carbon footprint. Among […]

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RUMSL Issues Tender for 114 MW Solar Projects in Madhya Pradesh

Rewa Ultra Mega Solar Limited (RUMSL) has invited bids for setting up 114 MW ground-mounted solar power projects in Madhya Pradesh. The projects will be set up across three districts of the state. The initiative, in partnership with Madhya Pradesh Power Generation Company (MPPGCL), looks at the integration of solar power into three thermal power […]

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