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NTPC Tenders for 250 Electric Buses in Madhya Pradesh

NTPC has issued three tenders for the operation of 250 electric buses in three cities of Madhya Pradesh. NTPC Vidyut Yapar Nigam Limited has issued three tenders, inviting bids from eligible firms for the operation of 250 electric buses in three cities of Madhya Pradesh. The project will be completed under the second phase of […]

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KSEB to Modify PSA for 200 MW Wind Power Signed with SECI

KSERC has asked state Discom KSEB to modify its PSA that it had signed with the SECI for procuring 200 MW wind energy. The Kerala State Electricity Regulatory Commission (KSERC) has in its latest order, asked state Discom Kerala State Electricity Board (KSEB) to modify its Power Sale Agreement (PSA) that it had signed with […]

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Ørsted Issues Green Bonds Worth $394 mn in Taiwan

Ørsted has secured nominal USD 394 million through the issuance of green senior bonds, to finance its investments in offshore wind in Taiwan. The World’s largest offshore wind energy developer, Ørsted has announced that it has secured nominal Taiwanese Dollars (TWD) 12 billion (USD 394 million) through the issuance of green senior bonds, to finance […]

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MNRE Invites Bids for Evaluation of 5GW VGF Scheme

Further, the last date for submitting the proposals, in four envelope system, is November 20, 2019. The Ministry of New and Renewable Energy (MNRE) has invited expression of interest (EOI) for the evaluation of its 5 GW Viability Gap Funding (VGF) scheme. The ministry said in a statement that, it intends to engage reputed organization, […]

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Govt to Devise Long Term Policy for Continuous Demand for Local Products: Samir Mehta

We believe that to ensure local manufacturing happens in India, government has to devise a long-term policy for continuous demand for local cells/modules for at least 10 years which will ensure that project returns are easily guaranteed for investor and also ensure that no matter what situation arises these policies are not tempered or affected […]

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At Rs 2.71, Developers Hold Their Ground on SECI’s ISTS-VI Auction

In the latest auction for 960 MW of inter-state transmission system (ISTS-VI) connected solar projects, SECI has declared ReNew Power (300 MW) at Rs 2.71 /kWh, Avaada Energy (300 MW) at Rs 2.71 /kWh, Masaya Solar Energy (UPC Renewables) (300 MW) at Rs 2.71/kWh, and Tata Power (60 MW) at Rs 2.72 /kWh as winners. For […]

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Massachusetts Selects 804 MW Mayflower Wind Proposal

Mayflower Wind has been chosen by Massachusetts to supply 804 MW of clean, renewable energy from offshore wind to the electricity customers within the state Mayflower Wind Energy, a joint venture of Shell New Energies and EDPR Offshore North America (EDPR), has been chosen by Massachusetts to supply 804 MW of clean, renewable energy from […]

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Hindustan Aeronautics Seeking Partners for EV Charging Business

Hindustan Aeronautics Limited (HAL) has issued an RFI, seeking interest from eligible Indian firms for partnering with in the EV charging business. Hindustan Aeronautics Limited (HAL) has issued a Request for Information (RFI), seeking interest from eligible Indian firms for partnering with in the electric vehicle (EV) charging business. As per the RFI document, the […]

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Bengaluru-Based Log 9 Materials Raises $3.5 mn in Series A Round

Log 9 Materials has secured USD 3.5 million in Series A funding, led by Sequoia India and Exfinity Venture Partners. Bengaluru-based startup Log 9 Materials has announced that it has secured USD 3.5 million in funding as a part of its Series A round, led by Sequoia India’s scale up programme Surge and Exfinity Venture […]

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