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ReNew Power signs PPA with DMRC for 6 MW solar rooftop project

ReNew Power has signed PPA with Delhi Metro Rail Corporation (DMRC) for 6MW solar rooftop project across various metro stations in New Delhi. The Power Purchase Agreement has been signed for a term of 25 years. The major lines allocated under this PPA are Dwarka Sector 21 to Rajiv Chowk; Badarpur to Central Secretariat and […]

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Tata Power Renewable Energy Limited bags 30MW solar project in Maharashtra

Tata Power has announced that its 100% subsidiary, Tata Power Renewable Energy Ltd. (TPREL) has bagged 30 MW grid connected photovoltaic project of in Maharashtra. The projects have been awarded in the DCR category under the Jawaharlal Nehru National Solar Mission (JNNSM) Phase-Il Batch-IlI Tranche-l under ‘State Specific Bundling Scheme’. TPREL will sign a 25 […]

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MNRE invites proposal for availing Green Climate Fund (GCF) support in renewable energy areas

The Ministry of New and Renewable Energy (MNRE) has invited proposals from State governments, industry, developers, electrical utilities, private and public institutions, international agencies and other stakeholders for availing Green Climate Fund (GCF) support in renewable energy areas. MNRE in a statement said proposals shall have potential to deliver transformative impact on climate change mitigation […]

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Tata Power Renewable Energy signs SPA to acquire Welspun Renewables Energy

Tata Power Renewable Energy Limited (“TPREL”), a 100% subsidiary of Tata Power, has signed a Share Purchase Agreement (SPA) with Welspun Energy (“WEPL”) to acquire its subsidiary Welspun Renewables Energy Private Limited (“WREPL”).  It is estimated to be Rs 9,500 crore ($1.4 billion) deal. This is one of the largest transactions in renewables space in […]

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Will continue to support renewable energy projects in India: OPIC

U.S. Government’s development finance institution, Overseas Private Investment Corporation (OPIC) has announced that it will continue to support early stage renewable energy projects in India. OPIC in a blog post said “this week’s historic agreement between the U.S. and India to address climate change recognizes the need for private investment and will work to support […]

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Indian Navy pledges 1.5% of its works budget towards renewable energy generation

Indian Navy completed two years of its Green Initiatives Programme on World Environment Day. On the occasion the Navy has set itself an aggressive target of 21 MW Solar PV installations, to be implemented in three phases. The initiative is in line with the National Mission of Mega Watt to Giga Watt towards achieving 100 […]

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US renewables row: Government for bilateral solution

The Indian government has decided not to drag US to the WTO for alleged desecration of the world trade body’s norms on renewable energy as it prefers a bilateral solution, said Union Power Minister Piyush Goyal. “The US has requested for bilateral talks to which Govt. has readily agreed. The commerce ministry is in dialogue […]

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