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SECI’s 1200 MW ISTS-V Solar Tender Undersubscribed

SECI’s ISTS-V solar tender which was issued seeking to award projects worth 1200 MW has received bids only for half the tendered capacity. The Solar Energy Corporation of India (SECI’s) had issued an RfS (ISTS-V) for setting up of 1200 MW solar power projects in India in July. The tender, which was issued seeking to […]

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Green Bonds Issuance to Cross Record $ 200 bn Mark in 2019: Moody’s

The global green bonds issuance in 2019 are expected to reach and perhaps even cross the record USD 200 billion mark. According to a new analysis, the global green bonds issuance in the current financial year are expected to reach and perhaps even cross the record USD 200 billion mark. The global green bond market […]

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AMP Energy India Begins Construction on UP’s 120MW Open Access Solar Project

The company said the estimated investment on the project is expected to be Rs 5 billion and it will be one of the largest open access solar energy projects in the state. Renewable energy power producer AMP Energy India has commenced the construction of 120 MWp open access solar power project in the state of […]

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IL&FS Proposes to NCLT Sale of Wind Assets to Orix

ILFS group has proposed to NCLT the sale of its wind energy assets to Japan’s Orix Corporation, reducing the debt of the company by Rs 4,800 crore. Embattled IL&FS group has proposed to the National Company Law Tribunal (NCLT) the sale of its wind energy business to Japan’s Orix Corporation which will help reduce the debt of the company by […]

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Heavy Industries Ministry Approves FAME II Subsidies for 5,595 Electric Buses

Government’s Department of Heavy Industries has sanctioned subsidies for 5,595 electric buses in 64 cities The Department of Heavy Industries has approved 5595 electric buses under the FAME India scheme phase II. The move is in line with the government’s push towards electric mobility in the public transport system. The government department said in a statement […]

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Sterlite Power Wins 2 Transmission Projects Worth Over Rs 3000 Crore

Sterlite Power has received a letter of award for two key inter-state transmission projects worth over Rs 3000 crore for Udupi-Kasargode and WRSS 21. Sterlite Power, India’s leading private power transmission player, has received a letter of award for two key inter-state projects worth over Rs 3000 crore for Udupi-Kasargode and WRSS 21 (Part B) […]

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ONGC Tenders for 2 MW Floating Solar in Mangalore

ONGC has invited bids for the deployment of 2 MW floating solar project on the water reservoirs inside ONGC Mangalore Petrochemicals Limited (OMPL) complex. Oil and Natural Gas Corporation Ltd (ONGC) India’s most valuable public sector enterprise has issued a tender, inviting bids from eligible bidders for the deployment of a 2 MW grid-interactive floating […]

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India Will Raise Import Duty on Solar Equipment Soon: R K Singh

India will increase import duty on solar equipment to encourage domestic industry in the coming years, Power Minister R K Singh said. India will increase import duty on solar equipment to encourage domestic industry in the coming years, Power Minister R K Singh said. He also announced that a storage policy will be unveiled soon which […]

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Chile Predicted to Have 50 Percent RE in its Energy Mix by 2030

Renewable energy is expected to comprise 50 percent in the Chile power mix by 2030, according to a new report by GlobalData Renewable energy, the only way forward to the global climate change mitigation and environmental requirements, is expected to comprise 50 percent in the Chile power mix by 2030, according to a new report. […]

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