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Adani Transmission Q3 Net Profit Zooms 32% to Rs 204 Cr

Adani Transmission Ltd (ATL), an arm of the Adani Group, has reported a jump of 32 per cent in its consolidated net profit after taxes (PAT) at Rs 204 crore for the third quarter ended December 31, 2019, strongly driven by superlative operational performance. “The consolidated net profit of the company stood at Rs 154 crore […]

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Tata Motors Wins EESL Tender; To Deploy Tigor EVs for UGVCL in Gujarat

Tata Motors, a USD 44 billion company, on Thursday said that it has won a tender from state-owned Energy Efficiency Services Ltd (EESL) to supply its Tigor Electric Vehicles (EVs) to state power distribution company Uttar Gujarat Vij Company Ltd. (UGVCL). As per the deal, the leading auto manufacturer will deploy Tigor EVs in Gandhinagar […]

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Avangrid to Develop Oregon’s Largest Solar Farm; Inks 15 Yr PPA with PGE

Oregon-based fortune 1,000 public utility Portland General Electric (PGE) has entered into a power purchase agreement (PPA) with Avangrid Renewables, an arm of Avangrid Inc., to buy electricity generated through solar power. As per the 15 year deal, the company will purchase power generated from a new 162 MW solar facility. Avangrid Renewables will develop […]

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Total Enters Spanish Solar Market With a 2 GW Pipeline of Projects

Total has established its presence on the Spanish solar market through two agreements to develop nearly 2 GW of solar projects. Total, through its wholly-owned affiliate Total Solar International, establishes its presence on the Spanish solar market through two agreements with Powertis and Solarbay Renewable Energy and to develop nearly 2 gigawatts (GW) of solar […]

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Competitive Power Announces 150 MW Solar Project in Pennsylvania

Competitive Power Ventures has announced its latest renewable energy project, a 150 MW solar facility in Portage and Summerhill Townships, Pennsylvania. Competitive Power Ventures (CPV) has announced its latest renewable energy project, Maple Hill, a 150-megawatt (MW) solar facility in Portage and Summerhill Townships, Pennsylvania. According to the firm, construction on the project will begin […]

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Tata Power, Prakriti E-Mobility Partner to Setup 50 EV Charging Stations in NCR

With an aim to further contribute towards India’s e-mobility drive, utility giant Tata Power has entered into an agreement with Prakriti E-Mobility, an app-based electric vehicle (EV) cab operator, to set up fifty charging stations in Delhi NCR region. As per the deal signed, Tata Power will set up charging infrastructure in phased manner to […]

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BHEL Tenders for BOS Work for 100 MWac Floating Solar Plant

BHEL has issued a tender for undertaking BOS work for NTPC’s 100 MWac floating solar power plant at Ramagundam in Telangana. Bharat Heavy Electricals Limited (BHEL) has issued a tender, inviting bids from eligible bidders for undertaking BOS work for NTPC’s 100 MWac floating solar power plant at Ramagundam in Telangana. The scope of work […]

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Could Renewables Displace Conventional Fuels in Asia in 2020s?

In a new report, Wood Mackenzie highlights trends that will shape Asia Pacific’s power and renewables markets this decade, and what it holds over the next In a new report, Wood Mackenzie highlights trends that will shape Asia Pacific’s power and renewables markets this decade. Asia Pacific’s wind and solar installed base produced an estimated […]

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Total to Buy 50% Stake in Adani’s Solar Portfolio for About USD 510 Mn

In a bid to extend its long term partnership to renewables portfolio, Adani Group on Thursday entered into binding agreement to sell its half of the stake in solar energy assets for about USD 510 million to Total Gas & Power Business Services SAS (Total). As per the deal, Total will acquire 50 percent stake […]

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