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DERC Cuts Fixed Charge for Unutilised Capacity by C&I Segment

In a relief to C&I consumers, DERC has slashed fixed charges for unutilised capacity of sanctioned load by Rs 125 for the lockdown months of April and May In a relief to industrial and commercial (C&I) consumers, power regulator Delhi Electricity Regulatory Commission (DERC) has ordered for the slashing of fixed charges for unutilised capacity […]

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L&T Transmission and Distribution Business Bags Large Contracts

L&T power transmission and distribution business has bagged ‘large’ contracts in the domestic and international market. Larsen & Toubro (L&T) has announced that its power transmission and distribution business has bagged ‘large’ contracts in the domestic and international market. The engineering and construction company did not provide the exact value of the contract, but as […]

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Siemens and Fluence to Develop 15 MW Storage System on Portuguese Island

Siemens Smart Infrastructure, in partnership with Fluence, was awarded a contract by the Portuguese energy provider EDA – Electricidade dos Açores to build a battery-based energy storage system on Terceira, the second biggest island in terms of electrical consumption of the Azores archipelago in the Atlantic Ocean. The project aims to make the island more […]

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RK Singh Approves LoUs by IREDA, PFC, REC to be Accepted for EMDs

RK Singh has approved a proposal for acceptance of LoU issued by IREDA, PFC & REC for EMD in tenders for developing renewable energy projects in the country RK Singh, the Minister for New & Renewable Energy and Power has approved a proposal for acceptance of Letter of Undertaking (LoU) issued by IREDA, PFC & […]

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Centre Planning EV Charging Points at 69K Petrol Pumps Across India

The government is mulling setting up at least one EV charging kiosk each at nearly 69,000 petrol pumps across the country to boost e-mobility. The government is mulling setting up at least one electric vehicle (EV) charging kiosk each at nearly 69,000 petrol pumps across the country to induce people to go for electric mobility. Besides, the government is also thinking of making it compulsory to […]

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Revised Priority Sector Lending Guidelines by RBI a Boost for Renewables

RBI has issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas, a boost for the renewables sector. The Reserve Bank of India (RBI) has issued revised guidelines for priority sector lending to enable better credit penetration to credit deficient areas and increase lending to small and marginal farmers […]

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Study Reveals Tipping Points to Drive Mainstream EV Adoption in India

A major new study by Castrol has revealed the ‘tipping points’ to achieve mainstream electric vehicle (EV) adoption in India. A major new study released by Castrol draws on the views of consumers, fleet managers and automotive industry leaders from across India to reveal the factors driving EV buying decisions. The report ‘Accelerating the EVolution’ […]

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UP Discoms Fined Rs 100 Per Connection For Smart Meter Fiasco of August 12

On August 12 last month, there was a widespread power outage across 1,58,000 houses with ‘smart’ meters in Uttar Pradesh, As it turned out, this was no ordinary outage, being a remotely activated ‘disconnection’ actually, caused by mismanagement at the distributor end. The cut placed the smart meters installed in all the houses firmly in […]

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Tata Motors and Hyundai Win Bid to Supply 250 EVs to EESL

EESL will procure 250 EVs from Tata Motors and Hyundai Motor India after the two firms were selected through an international competitive bidding process Energy Efficiency Services Limited (EESL), a Super Energy Service Company (ESCO) under the administrative control of the Ministry of Power, has announced that it will procure 250 electric vehicles (EVs) from […]

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