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AIIB to Invest $65 Mn in Hero Future’s 250 MW Solar Project in Raj

Beijing-headquartered multilateral development bank, Asian Infrastructure Investment Bank (AIIB) has approved the investment of USD 65 million in Hero Future Energies’ 250 MW solar power project in Jodhpur, Rajasthan. The lender said in a statement that “as part of ongoing efforts to mobilize private capital for infrastructure, President Jin also approved a USD65-million 250-MW solar power […]

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MSEDCL Gets one Bid for 5 MW in Response to 1350 MW Solar Tender

MSEDCL has revealed that it received only one bid for 5 MW in response to its tender for procurement of 1350 MW of solar power from 30 Circles. The Maharashtra State Electricity Distribution Company (MSEDCL) had recently petitioned with the Maharashtra Electricity Regulatory Commission (MERC) seeking approval for adoption of tariff discovered for long term […]

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Eni and Falck Renewables JV to Develop 1 GW RE Projects

Eni and Falck Renewables have signed a strategic agreement for the joint development (JV) of renewable energy projects in the United States. Italian major Eni and Falck Renewables have signed a strategic agreement for the joint development (JV) of renewable energy projects in the United States. The agreement involves the creation of a venture owned […]

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Indian Army Distributes Solar Lanterns in J&K’s Rajouri District

As part of ‘Operation Goodwill’, the Indian Army has distributed solar rechargeable lanterns in a remote village of Rajouri district in Jammu and Kashmir As part of ‘Operation Goodwill’, the Indian Army has distributed solar rechargeable lanterns in a remote village of Rajouri district in Jammu and Kashmir (J&K), a defence spokesman has informed. The lanterns were distributed in Kheta Basha […]

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EOI for 5 MW Solar Plant Issued by Dept of Defence Production

The Department of Defence Production has issued an EOI for commissioning of 5 MW grid-connected solar plant at the Varagaon Ordnance Factory in Maharashtra. The Ordnance Factory Board under the Department of Defence Production has issued an Expression of Interest (EOI) for the commissioning of a 5 MW grid-connected solar power plant at the Varagaon […]

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Tata Power to Acquire 51% Stake in Odisha’s Discom; Doubles Consumer Base

Marking its successful entry into the state of Odisha, utility giant Tata Power Company Ltd has won the bid to acquire a major shareholding of 51 percent in the Central Electricity Supply Utility (CESU) of Odisha. Mumbai-headquartered Tata Power said in a statement that “the Odisha Electricity Regulatory Commission (OERC) has awarded the Letter of […]

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ADB to Invest $1 bn for Renewable Transition in the Pacific

ADB will invest over USD 1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation The Asian Development Bank (ADB) will invest over USD 1 billion worth of energy projects in the Pacific from 2019 to 2021 to increase renewable energy generation and improve access to affordable […]

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Sitharaman Holds Pre-Budget Consultation with Experts of Energy, Climate Change, Infra Sec

In a step towards the preparation of General Budget 2020-21, Nirmala Sitharaman, the Union Minister of Finance & Corporate Affairs, held 7th Pre-Budget consultation on Friday with various industry stakeholders. During the meeting, the infrastructure sector stakeholders and experts from the energy sector and climate change were present as the General Budget is scheduled to […]

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Walton, Silicon Ranch Announce 125 MW Solar Projects for Facebook

Walton EMC has executed contracts with Silicon Ranch on behalf of Facebook for two new solar projects totaling 125 MW for Facebook’s data center in Georgia. Walton Electric Membership Corporation (EMC), a consumer-owned utility with a reputation for energy innovation, has executed contracts with Silicon Ranch on behalf of Facebook for two new solar projects […]

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