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State-Owned and Private Discoms on two Ends of the Spectrum: ICRA

The credit profile of the state-owned Discoms continues to remain stressed, while that of several privately-owned Discoms remains healthy The credit profile of the state-owned distribution utilities (Discoms) continues to remain stressed due to higher level of technical & commercial (AT&C) losses compared to regulatory norms, inadequate tariffs in relation to their cost of supply […]

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Low Current Represents the Best Choice for PV Modules

Recently, Guangzhou Development New Energy Co., Ltd. began bidding for procurement of PV modules for 2021 and 2022. This procurement is divided into two bidding sections with a total procurement scale of 1.08GW. The power threshold is set for the PV modules of the two bidding sections and the current of the modules should not […]

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IndiGrid to Acquire North Eastern Transmission Project ‘NER-II’ From Sterlite

IndiGrid has signed documents for the acquisition of a 100 percent equity stake in NER II Transmission from Sterlite Grid for Rs 4,625 crore. IndiGrid has announced that it has signed binding documents for the acquisition of a 100 percent equity stake in NER II Transmission from Sterlite Grid for no more than Rs 4,625 crore. The sale of […]

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COGOS to Deploy 1000 EVs in its Logistics Fleet, Partners With Altigreen

Intra-city logistics company, COGOS has announced its partnership with Altigreen by deploying 1000 EVs in its fleet, a step to further strengthen its commitment towards electric mobility in the country.  The partnership has materialised at an opportune time as the budget 2021 and the later impositions of green tax and new scrap policy, extensively showed […]

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Magenta & HPCL Install First set of Street Lamp Integrated EV Chargers

The “ChargeGrid Flare” street lamp integrated EV chargers, an initiative by HPCL and Magenta, has opened at HPCL outlets in Mumbai and Delhi. The “ChargeGrid Flare” street lamp integrated EV chargers, a unique initiative by HPCL and Magenta, is all set to open at HPCL Bandra Kurla Complex outlet in Mumbai and Nitimarg T&E outlet […]

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Norwegian Li-ion Battery Major Freyr Gets Govt Grant To Scale Up

Norway’s Freyr battery (no connection to solar EPC Freyr Energy Services in India) has received a grant from Norway’s ministry of climate and environment, through Enova SF, of NOK-142-million (Rs 1300 crores) to start work on a clean battery cell production plant in Mo i Rana, Nordland county. Freyr AS has set a target of […]

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The Indian Connection at HuntPerovskite, No 1 Perovskite Linked Patents Firm

US based Hunt Perovskite Technologies (HPT) announced yesterday that the United States Patent and Trademark Office (USPTO) has granted HPT two additional patents related to its ongoing work in the development of printed metal halide perovskite photovoltaic (PV) devices. While the first patent (US10,907,050) relates to HPT’s invention of an ink to print nickel oxide […]

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PAT Cycle-II has Resulted in CO2 Emission Reduction of 70 MT: RK Singh

RK Singh in appreciation of the implementation of PAT Cycle – II, said that it has resulted in CO2 emission reduction of about 70 MT With an objective to accelerate Energy Transition in industrial sectors, Union Minister for Power, New and Renewable Energy RK Singh, recently chaired an interaction session with top management of energy-intensive […]

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