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Tata Power-DDL Bags 3 Awards at ICC Awards-2018

This achievement bears testimony to our dedication and commitment to reliable, quality power supply and further strengthens our resolve to bring innovative changes and best practices in the business of power distribution in the country, says Banga, CEO, Tata Power-DDL. Tata Power Delhi Distribution (Tata Power-DDL), a joint venture between Tata Power and the Government […]

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India Ready to Share Renewable Energy Expertise: R K Singh

The minister was talking to delegates of various countries during the seminar of ‘Know India Programme’. Taking a leadership role in the renewable energy domain, Union Power and New & Renewable Energy Minister R K Singh said that India is ready to share its expertise in renewable energy sector with small island nations. The minister […]

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ONGC Issues Tender for a 5 MW Solar Project in Andhra Pradesh

ONGC tender document will be on sale from 10th November till 5th December. The bidding will take place on 5th December. Country’s leading stat-run oil giant, Oil and Natural Gas Corporation Limited (ONGC) has floated a tender for a 5 MW grid connected solar project which will be built at its Tatipaka site in Andhra […]

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Acme Solar takes NTPC to Court Over Tariff dispute

In a solar auction held by NTPC in August, Acme Solar had won a 600MW project in a total of 2000MW. In the latest fallout from the government imposed safeguard duty on solar panels and modules, Acme Solar has dragged the National Thermal Power Corporation (NTPC) to court over a dispute in tariff. In a […]

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SolarEdge’s EV-Charging Inverter Wins 2018 BIG Awards for Business

SolarEdge has developed the world’s first EV-charging solar inverter which offers the fastest AC EV charging rates by supplementing grid power with PV power. Israel-based SolarEdge Technologies has received the ‘New Product of the Year Award’ for its EV-charging inverter in the Energy Category. It is a winner of the 2018 BIG Awards for Business. The company […]

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Suzlon Energy Posts Net Loss at Rs 625.76 Cr in Sept Quarter

However, it’s consolidated total income from operations grew to Rs 1,221.89 crore during Q2 2018-19, as compared to Rs 1,179.07 crore during the same period last year. Leading wind turbine maker Suzlon Energy reported its consolidated net loss after tax at Rs 625.76 crore in the July-September quarter of FY19. “The consolidated net profit after […]

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Renascent Power to Buy 75% PPGCL under Stressed Asset Resoln Process

Further, this transaction is the result of stressed asset resolution process initiated by the lenders through a competitive bidding process. Renascent Power Ventures, arm of Resurgent Power, signed a Share Purchase Agreement (SPA) with a consortium of lenders led by State Bank of India (SBI) to acquire 75.01 percent stake in Prayagraj Power Generation Company […]

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India’s Solar Capacity Addition to Fall by 55% in FY19

However, the rooftop solar market continues to register a robust performance growing at a pace of 70% annually. Renewable energy consultancy firm Bridge to India has painted a grim picture of the solar industry in the country and has claimed that the solar capacity addition in the current FY will be 55% less than it […]

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Finance to Close Global Energy Access Gaps Dramatically Off-Track to Meet 2030 Targets: SEforALL

Data shows finance for coal tripled in past year, but innovative off-grid solutions and finance models offer opportunities to meet Global Goals. Finance required to close electricity and clean cooking access gaps remains dramatically short of what is needed to meet global energy goals by 2030, leaving the world’s most vulnerable people behind, according to […]

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