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NextEra in the US, Adani Green In India, More Similar Than They Seem

One is the market cap leader among renewable firms in India, and going by its project pipeline, a potential global leader. The other is the world’s largest solar and wind energy firm owned by investors, poised to enter the next big opportunity in electric mobility too. The renewable energy boom, when it comes in, surprised […]

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Discoms’ Dues to Power Gencos Rises 29% YoY to Rs 1.38 Lakh Crore in October

Discoms total dues owed to Gencos rose by over 29 percent year-on-year (YoY) to reach Rs 1.38 lakh crore in October 2020. Power Distribution Companies (Discoms) total dues owed to power producer i.e. generation companies (Gencos) rose by over 29 percent year-on-year (YoY) to reach Rs 1,38,187 crore (Rs 1.38 lakh crore) in October 2020. […]

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The Risk In Renewables, And How To Reduce It

The Fourth Plenary session at REINVEST 2020 looked at the risks in investing in renewables in India, and ways to mitigate those risks. A panel with India’s leading renewable financiers, developers and global players narrowed down the key issues and some possible solutions. Pankaj Jain, Additional Secretary, Department of Financial Services, Ministry of Finance, moderated […]

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Railways Should use Sections of its Extensive Network for Transmission Infrastructure: IEEFA

The Institute for Energy Economics and Financial Analysis (IEEFA) in its latest report has shown how by facilitating electricity transmission routes, the Indian Railways could fast-track the energy transition. The report, Indian Railways at the Junction, suggests that transporting coal to generators is less efficient and increasingly less competitive than moving actual electricity via cables. […]

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Preparing For a Renewable Future- The Business Models That Matter

If there is one thing the renewable energy sector cannot be accused of doing, it is to look back too much. The solar sector in particular has everything to look forward to, considering the strong momentum it has built up globally. The Covid-19 crisis has only sharpened those opportunities, and possibilities of even more support […]

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Karnataka Will Look to Collaborate With the UK on RE Front: Yediyurappa

Karnataka CM BS Yediyurappa has said that the state will be very interested in engaging with the UK on renewable energy (RE) technology front. Karnataka Chief Minister BS Yediyurappa has said that the state will be very interested in engaging with the United Kingdom (UK) on the renewable energy (RE) technology and implementation front. During […]

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Association of Power Producers Request Financial Support From Finance Minister

The Association of Power Producers recently wrote to the Minister of Finance highlighting the concerns of power debtors and extended litigations that have been egging the power sector The Association of Power Producers (APP) recently wrote to Minister of Finance, Nirmala Sitharaman, highlighting the concerns of power debtors and extended litigations that have been egging […]

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With New Target Of 30.8 GW by 2022, Changes In KUSUM Scheme Follow

Close on the heels of a sanction from the President of India on expanding the scope of the PM KUSUM Scheme, the MNRE has come up with a fresh set of changes to the scheme, that will seek to enhance its reach and appeal to users. The changes, in quick succession, make it clear that […]

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IEEFA Suggest the Adani Group Should Lead India’s Energy Strategy

A new report identifies the opportunity for the Adani Group to lead India’s energy strategy by further aligning itself with the government’s vision A new IEEFA report identifies the opportunity for the Adani Group to lead India’s energy strategy by further aligning itself with the government’s vision for energy independence and fast-growing reliance on renewables. “The […]

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