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HSBC ‘Green Deposit’ for Corporates

PRODUCT BRIEF: HSBC has launched its Green Deposit product in India for its corporate clients. The first-of-its-kind product for the Indian market, the Green Deposit will enable the bank’s clients to support greener more sustainable projects. PRODUCT FEATURES: The fixed tenure deposits through the product will go towards financing eligible businesses and projects that promote the […]

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Tata Power Signs PPA to Commission Solar Carport for Apollo Kolkata

Tata Power, India’s largest power company has announced that it has signed a Power Purchase Agreement (PPA) with Apollo Gleneagles Hospital to commission the biggest carport in Indian Health Sector. This will be the biggest carport in the state of West Bengal, with 335 kWp capacity. The project is expected to generate approximately 4.26 lakhs […]

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Delhi’s IGI Airport Exploring Clean Energy Alternatives

DIAL which operates the IGI Airport is looking at alternative solutions for generating clean and green energy, a top company official has confirmed. The Delhi International Airport Ltd (DIAL), a joint venture which is led by the GMR Group, which operates the Indira Gandhi International (IGI) Airport in the Capital is looking at alternative solutions […]

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Tata Power to Commission India’s Largest Solar Carport for Tata Motors in Pune

Tata Power has signed a PPA with Tata Motors to commission what will become India’s largest solar carport with 6.2 MWp capacity in Pune. Tata Power, India’s largest integrated power utility has announced reaching a new milestone by signing a Power Purchase Agreement (PPA) with Tata Motors to commission India’s largest solar carport. With 6.2 […]

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Captive Cogeneration Plants To Meet RPO Obligations Out Now, Says MERC

In a ruling that will await final judgement on a challenge in the Mumbai High Court, the Maharashtra Electricity Regulatory Commission (MERC) has ruled to  eject a petition from JSW Steel to consider power produced from its fossil fuel based co-generation plant as a set off for its Renewable Purchase Obligations (RPO) in the state. […]

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Hyderabad Int Airport Bags Multiple Energy Management Awards From CII GBC

The Hyderabad International Airport has won the Confederation of Indian Industry-Godrej Green Business Centre (CII GBC) ‘National Energy Leader’ and ‘Excellent Energy Efficient Unit’ award. The Hyderabad International Airport has won the Confederation of Indian Industry-Godrej Green Business Centre (CII GBC) ‘National Energy Leader’ and ‘Excellent Energy Efficient Unit’ award. The GMR led Hyderabad International Airport was awarded at the 21st […]

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RPO for R-T-C Renewable Power Will Encourage Storage: RK Singh

Minister of Power and New & Renewable Energy RK Singh has proposed to have RPO for round the clock (R-T-C) renewable energy which will encourage storage. Union Minister of Power and New & Renewable Energy RK Singh has said that renewable energy is economically viable today, and the only rider is storage. While launching the […]

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Karnataka Regulator Formalises a Further 3 Month Extension for RPO Obligations

The Karnataka Electricity Regulatory Commission (KERC), in an order yesterday (August 24), has given a further three months extension to all relevant parties in the state to meet their Renewable Purchase Obligations (RPO) for Fy 2020, by November 30, 2020. Effectively adding a full nine months to the original date of March 31. In effect, […]

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