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EIB Grants €450 Mn Credit Line for 497 MW Offshore Wind Farm

EIB has granted a EUR 450 million credit line to a consortium of EDF, Enbridge and wpd to co-finance the construction of 497 MW Fecamp offshore wind farm. The European Investment Bank (EIB) has announced that it has granted a EUR 450 million credit line to a consortium made up of EDF Renouvelables, Enbridge and […]

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MNRE Creates FDI Cell to Process Foreign Investment Proposals

In order to keep a closed eye on the investment made by neighbouring countries in India, the Ministry of New & Renewable Energy (MNRE) has set up a new cell in the ministry for taking care of the foreign direct investment (FDI) into the sector. The Ministry said in a statement that, the FDI cell […]

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TATA Power to Deploy Superfast EV Chargers at Select MG Motor India Dealerships

With an aim to contribute towards electric vehicle (EV) revolution in the country, utility giant Tata Power and MG Motor India, which offers luxury SUV cars in India, have signed a Memorandum of Understanding (MoU) on Monday. As per the MoU signed, Tata Power will deploy 50KW DC superfast chargers at select MG Motor India dealership […]

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Ather Energy Completes 2 Years, to Roll out Exchange Program

Ather Energy recently completed two years of operations and is planning to come up with an exchange program to attract scooter owners to upgrade to an EV. The electric vehicle startup Ather Energy on June 5, 2020, completed two years of operations since the launch of its flagship electric scooter, the Ather 450 in Bengaluru. The company, in a press […]

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UPPCL Gets Recognition from CM for Achieving Good Results During Crisis

UPPCL has drawn recognition from Chief Minister Yogi Adityanath for achieving good results in ensuring electric supply amid the Coronavirus crisis. The Uttar Pradesh Power Corporation Limited (UPPCL), the company responsible for electricity transmission and distribution within the state of Uttar Pradesh, has drawn recognition from Chief Minister Yogi Adityanath for achieving good results in […]

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Equinor Investing More in RE Projects Than all Other Oil Majors Combined

More than half (55%) of the investments made by global oil majors in renewable energy projects are expected to be invested by a single company – Equinor. Investments in solar and wind (RE) energy projects by the world’s major oil majors until 2025 are expected to exceed USD 18 billion, a new analysis by Rystad […]

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EESL Plans to set-up 2000 EV Charging Stations in 2020-21

EESL will step up its efforts for the installation of EV charging stations in the country during 2020-21, with 2,000 charging facilities planned for the fiscal. Energy Efficiency Services Limited (EESL), a home-grown Super Energy Service Company (ESCO) under the administration of the Ministry of Power, Government of India, has announced its plans to step […]

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NHPC Inaugurates Herbal Park – Developed to Make Staff Aware of Herbs

On the occasion of World Environment Day 2020, Central Public Sector Undertaking (Central PSU) NHPC inaugurated the ‘Herbal Park’ at its Office Complex. The motive behind the development of this Herbal Park was to create awareness amongst all the staff members of the company towards the medicinal importance of plants and herbs. World Environment Day […]

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