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Tata Power, AlJomaih Winners in RUMSL’s 500 MW Neemuch Solar Park Auction

RUMSL’s third 500 MW auction continued to attract ever lower bids, as TP Saurya (Tata Power), and Saudi firm AlJomaih Energy and Water Company, pocketed the Neemuch park bids. While Tata Power won two parcels of 170 MW and 160 MW at Rs 2.14 and 2.149 respectively, Aljomaih won the remaining 170 MW with a […]

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CERC Rules With NTPC in Dispute Involving Solar Firm at Bhadla

In a petition filed by Solaire Surya Urja Private Limited, the Central Electricity Regulatory Commission (CERC) has ruled in favour of NTPC. At issue was a plea to condone delays in the commissioning of these (70×2) 140 MW solar projects or which NTPC had enforced liquidated damages of over Rs 7 crores. Filed under Section […]

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SECI, Renew Power Sign PPA For 400 MW RTC Tender Won In 2020

ReNew Power has announced the signing of a Power Purchase Agreement (PPA) for Round-The-Clock (RTC) electricity supply, the first-of-its-kind in India. The PPA was signed with the Solar Energy Corporation of India (SECI) ReNew had won the bid to supply Round-The-Clock power in 2020 through an auction conducted by SECI. As per the contract, ReNew […]

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These 5 Firms Moved To Solar in 2021. How Many Will Follow?

Indian corporates across energy-intensive sectors are increasingly adopting solar for captive use, the latter comprising a solar power plant that is deployed by a company for its own consumption. That is, power generated by such a solar power plant is consumed entirely by the developing company itself. For instance, Mumbai-headquartered auto major Mahindra & Mahindra Ltd. […]

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Tata Cleantech Report On The Indian Renewable Open Access Landscape

A joint venture between Tata Capital Limited and International Finance Corporation (World Bank Group), Tata Cleantech Capital Ltd (TCCL), has made a report on the market trends and state comparatives of Indian Renewable Open Access.  Globally, commercial and industrial (C&I) consumers, or corporates, account for 64% of the total electricity consumption. Under open access electricity […]

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PGCIL Recruitment – Engagement of Apprentices Under the Apprentices

PGCIL Recruitment 2021 in India – Rolling Advertisement for Engagement of Apprentices Power Grid Corporation of India Limited (POWERGRID), a Maharatna Company under the Ministry of Power, Government of India invites promising, energetic and bright people for apprenticeship for one year in various trades for its following Regions/Establishments. Sl No Region/ Establishment Covering States/UTs Link […]

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ACME Solar Raises $334 Million Through Offshore Green Bonds

India’s solar power developer ACME Solar has today announced raising USD 334 million through offshore green bonds. The investment has been raised for 12 of ACME’s solar projects in India, and it will be funded by U.S. dollar-denominated green bonds. These bonds have received the green certification from Climate Bonds Initiative. Also, they will be […]

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ANAND Group and Mando Corporation Form Joint Venture for EV Market

The global producer of automotive products, ANAND Group has formed a new joint venture (JV) with Mando Corporation, a Korean OEM of automobile parts. The new JV company named ANAND Mando eMobility will manufacture and supply Motor and Controller for the emerging two and three-wheeler Electric Vehicle (EV) Market. To capitalize on the emerging opportunity […]

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India & Germany Partner to Promote Skill Development in Solar Sector

Rajasthan Solar Association (RSA) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH have signed an agreement for skill development in the solar segment, according to media reports. RSA was set up under the Rajasthan Non-Trading Companies Act 1960 for the promotion of Indian solar power industry. RSA members include top international & national companies comprising […]

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