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Amid Lockdown, India to boost Discoms With Electricity Despite Dues

Generation, transmission firms in India will be involved in the continuous supply and transmission of electricity to Discoms despite their outstanding dues In India, the central public sector undertaking (CPSU) generation and transmission companies will be involved in the continuous supply and transmission of electricity to distribution companies (Discoms) despite the huge outstanding dues. As […]

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Azelio Signs MoU in Chile for Energy Storage Supply to Mining Industry

Azelio has signed an MoU with the Chilean company Industria Mecánica VOGT to assess energy storage projects for the mining industry in Latin America. Azelio has signed a Memorandum of Understanding (MoU) with the Chilean company Industria Mecánica VOGT (VOGT) to assess energy storage projects for the mining industry in Latin America. The MoU frameworks […]

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Draft Electricity Act (Amendment) Out. Renewables in Focus

True to the promise made last week, the Power Ministry has released the draft Electricity Act (Amendment) Bill 2020 on 17.4.2020. The draft has given stakeholders 21 days in which to send in their suggestions. The act is of particular significance for the renewable sector, as it promises to tighten up enforcement of orders made […]

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IEA Finalises $65 Mn Construction Contract for 150 MW Wind Project

IEA has finalised a USD 65 million wind construction award in the state of Iowa. The award is for the construction of a 150 MW wind farm. The Infrastructure and Energy Alternatives (IEA), a leading infrastructure construction company with specialised energy and heavy civil expertise, has announced that the Company finalised a USD 65 million […]

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Large, Attractive And Safe. MNRE Secy’s Spirited Pitch for RE in India

At the MNRE, momentum for India’s ambitious renewable push will never be allowed to flag. Even at the time of COVID-19 pandemic. That was the message from Anand Kumar, Secretary, Ministry of New and Renewable Energy (MNRE), at a webinar tonite involving Sumant Sinha, Founder and CMD, ReNew Power, Nolty Theriot, Senior Vice President, Government […]

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MNRE to Promote Local Manufacturing, Export Hubs for RE: Anand Kumar

MNRE is planning to identify suitable land sites for RE manufacturing and export services hubs in the country to offset the impact of the COVID-19 The Ministry of New and Renewable Energy (MNRE) has asked state and port authorities to identify suitable land sites for renewable energy (RE) manufacturing and export services hubs in the country to offset the […]

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Sterlite Power Commissions Rs 1,027 Cr worth of Gurgaon Palwal Transmission Project

Adding another feather in its cap, Sterlite Power, one of the leading global developers in power transmission space, has commissioned the Gurgaon Palwal Transmission Project (GPTL) worth Rs 1,027 crore. This project is expected to enhance the power capacity of the Gurugram and Palwal areas in the state of Haryana by ~2000 MW. Further, the […]

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PSPCL’s Advance Payment Scheme. Lucrative Offer or Open Distress?

A visit to the website of the Punjab State Power Corporation Limited (PSPCL), the state’s primary discom, reveals an interesting offer that has just been released . Promoted as a ‘Golden opportunity to earn lucrative returns by advance payment’ the offer promises a return of 1 percent per month, or 12 percent per annum, for […]

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The WoodMac Weekly Global Energy Round Up

Wood Mackenzie, the global research and analysis form, has come out with the first of its planned weekly roundups of the impact of the Coronavirus pandemic across the world, especially on global energy markets. With a focus on renewables, EV’s and energy storage, the round up will seek to bring you a snapshot of the […]

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