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PM-KUSUM – The Solar Saviour?

The PM-KUSUM scheme seeks to be the ultimate gamechanger for energy security and the rural economy. We examine the early challenges that it is facing and come to a conclusion. It’s a great idea that will need tweaks to increase coverage, and some key policy interventions to get on schedule. By Prasanna Singh You know […]

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MNRE Issues Amendments for its Dispute Resolution Mechanism

The Ministry of New and Renewable Energy (MNRE) has issued amendments to the guideline for the operation of its Dispute Resolution Mechanism to consider the unforeseen disputes between solar and wind power developers and SECl/ NTPC/ NHPC, beyond their contractual agreements. A few key amendments made by the ministry: 1. The DRC will consider all […]

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Gujarat Government Announces Subsidy for Electric Vehicles

The Gujarat government has announced a new scheme for the promotion of electric vehicles in the state, under which it will be offering a subsidy to buyers. The Gujarat government has announced a new scheme for the promotion of electric vehicles (two and three-wheelers) in the state, under which it will be offering a subsidy […]

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CM Yogi Asks State Officials to Look into Developing Ayodhya as Solar City

Uttar Pradesh Chief Minister Yogi Adityanath has asked his state officials to explore the possibility of developing Ayodhya as a “solar city.” Uttar Pradesh Chief Minister Yogi Adityanath has asked his state officials to explore the possibility of developing Ayodhya as a “solar city.” According to a press statement, the CM said that Ayodhya is […]

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Cabinet Relaxes Working Capital Limit for Loans to Discoms

The Union Cabinet has approved a one-time relaxation to PFC and REC for extending loans to Discoms above limits of the working capital cap The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans […]

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Power Sector Employees Protest Against Electricity Amendment Bill: AIPEF

AIPEF has said that lakhs of power sector employees held peaceful protest against privatisation of Discoms and the Electricity Amendment Bill 2020 The All India Power Engineers Federation (AIPEF) has said that lakhs of power sector engineers and employees held peaceful protest s across the country against privatisation of Discoms and the Electricity Amendment Bill […]

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Tata Power Reports Q1 FY2021 Results, to Merge Solar EPC Business

Tata Power reports Q1 FY 2020-21 results, reporting a 10% increase in consolidated PAT at Rs 268 crore, and that it plans to merge its solar EPC business. Tata Power, one of India’s largest privately-owned power producers has announced its first quarter (Q1) FY 2020-21 results. The firm has reported that for the quarter, consolidated […]

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NTPC to Acquire 1 GW Solar Projects, Planning to Invest Rs 5K Cr

State-run power giant NTPC has issued a tender to acquire 1 GW of operational solar projects, which entails an investment of around Rs 5,000 crore. State-run power giant NTPC has issued a tender to acquire 1 GW of operational solar projects, which entails an investment of around Rs 5,000 crore. In a request for proposal (RFP), NTPC […]

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Vellore Smart City Tenders for 1.2 MW Solar Power Plant

Vellore Smart City Limited (VSCL) has issued a tender for setting up of 1.2 MW solar power plant near the Palar river in the state of Tamil Nadu. Vellore Smart City Limited (VSCL) has issued a tender, inviting bids from eligible firms for setting up of 1.2 MW ground-mounted solar power plant in the ABD […]

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