SUBSCRIBE NEWS LETTER

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Ajoy Choudhury Appointed as REC’s New Director Finance

State-owned power sector lender REC Ltd said that Ajoy Choudhury has been appointed as Director (Finance) on the company’s Board effective from today i.e. June 1, 2020. Prior to this, Choudhury was handling the post of Executive Director (Finance) REC Ltd. The state-owned lender notified through a regulatory filing that “Ajoy Choudhury… has been appointed as Director […]

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PXIL Kicks Off Real Time Market Trade for Power Transaction in India

NSE and NCDEX promoted Power Exchange India Ltd (PXIL) has kick-started its first Real Time Market (RTM) trade in India for delivery of electricity effective from today i.e. June 01, 2020. The first trade was conducted by clients of Kreate Energy Pvt Ltd and PTC India Ltd on the PXIL’s platform, and the initial auction […]

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Interview with Krishan Sharma, Vice President – Asia, ReneSola

For Krishan Kumar Sharma, a 12 year journey in the solar sector has taken him to Renesola, a leading module manufacturer, where he is the Vice President, South Asia. With his wide exposure to the solar markets in Asia, and through Renesola, the world, we caught up with him to get a view on the […]

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NHPC Board Approves Foray Into Solar Energy Business

State-run hydro power giant NHPC has announced that its board has approved the proposal to foray into the solar energy business. State-run hydro power giant NHPC has announced that its board has approved the proposal to foray into the solar energy business. The firm is mainly into hydropower generation. “It is to inform that board […]

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Winning of Rs 2.90/kWh Renewable+Storage Tender by Renew Power Might be the Biggest Event of 2020 for Renewables, in terms of impact.

In a recent tender for Round-The-Clock (RTC) supply of 100 percent renewable energy (RE) power with storage, the Solar Energy Corporation of India (SECI) has discovered a levelised tariff of Rs 3.52/kWh for 15 years. The bid was won by Renew Power. On the significance of this development for the renewables industry in India, we […]

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EV Batteries as Storage batteries for Grid Power. Possible, Says MIT Study

If there is one area where the renewable energy industry steals a march over fossil fuel based sectors, it has to be the area of recycling. Unlike thermal and oil/gas based energy generators, renewable technologies have come up in the glare of huge public expectations and appraisal, and having to prove themselves better at every […]

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NTPC Eyes Majority Stake in ADAG’s BRPL, BYPL to Foray into Distribution Biz

Country’s largest power generation utility NTPC is planning to foray into electricity distribution business as it has evinced interest to acquire majority stake of 51 per cent in Anil Dhirubhai Ambani Group’s (ADAG) two utilities. The ADAG has two Discoms in Delhi namely BSES Rajdhani Power Ltd (BRPL) and BSES Yamuna Power Ltd (BYPL), which supplies electricity to approx 4.4 million customers. […]

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MNRE Invites Proposals to Develop Institutional Framework for ‘One Sun One World One Grid’ Implementation

The Ministry of New and Renewable Energy (MNRE) has invited proposals from eligible consulting firms for developing a long-term vision, implementation plan, road map and institutional framework for implementing ‘One Sun One World One Grid’ (OSOWOG). This is in line with the Prime Minister Narendra Modi’s call for connecting solar energy supply across borders by […]

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BHEL Tenders for BOS Works for 22 MW Floating Solar Plant for NTPC Project in Kerala

State-owned Bharat Heavy Electricals Ltd (BHEL) has floated tender inviting bids from eligible bidders for the balance of systems (BOS) works for 22 MW floating solar plant for NTPC project in Kerala. Interested bidders can submit their bids starting from today i.e. May 25, 2020, from 9:00 a.m. onwards, and the last date for submitting […]

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