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World Bank and AfDB Commit $ 47 billion For African Climate Finance

The World Bank and the African Development Bank have together committed close to $47 billion to African countries, for the period up to 2025 to fight climate change. In a significant announcement to provide much-needed financing for African countries likely to face the increasing effect of climate change, the funds’ pipe from the World Bank […]

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NTPC Issues Tender For Development of Charging Infrastructure for Electric Vehicles

NTPC Ltd. has invited online bids from eligible bidders for the development of charging infrastructure for Electric Vehicles. The scope of work has been divided into three sub-items which will be developed under the charging infrastructure. Sub Item A. BOQ for 4-Wheeler Charging Infrastructure  Brief Scope of Work for the Subject Package: Complete Turnkey including […]

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UPERC Approves Charging Tariffs For Various Segments of EV Consumers

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved the tariffs for electric vehicle charging in the state. The decision was made after the commission held a public meeting with stakeholders on the matter in the first week of March. Representatives from Uttar Pradesh Power Corporation Limited (UPPCL), Mahindra and UP Rajya Vidyut Upbhokta Parishad, were part of the […]

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Global Offshore Wind Capacity to Cross 81 GW by 2024

The global offshore wind energy market is expected to exceed more than 81,000 MW by 2024, growing at a CAGR of more than 25% in the given forecast period. A report by Market Research Engine said that the major driving factors of offshore wind energy market are its various advantages over its onshore counterpart is […]

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Suzlon Wins IMC Ramakrishna Bajaj National Quality Award

Suzlon Global Services Limited (SGSL), has won the 1st Prize for Service category at the prestigious IMC Ramkrishna Bajaj National Quality Award 2018. Suzlon Global Services Limited (SGSL), a 100% subsidiary of Suzlon Energy Ltd. won the 1st Prize for Service category at the prestigious IMC Ramkrishna Bajaj National Quality Award 2018. The stringent assessment […]

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CERC Issues New Regulation For Cross Border Trade of Electricity

India looks set to improve its position as an electricity exporting nation with new guidelines issued by CERC for seamless cross border trade of electricity. The Central Electricity Regulatory Commission (CERC), in accordance with the guidelines on import and export of electricity issued by the Ministry of Power earlier this year, has issued new guidelines […]

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UK Augments Funding for African RE Projects by £30 million

Harriett Baldwin, the UK Minister for Africa, announced additional new funding to give more people and companies across Africa access to affordable, clean energy. Minister Ms. Harriett Baldwin announced that the new funding will see £30 million added to the Transforming Energy Access program, taking total British investment to £100 million, and allowing it to […]

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MNRE Introduces New Mode-7 For Development of RE Parks

A Payment Security Mechanism will be set up by SECI to ensure continuous payment to the power developers and mitigate any payment risk due to default in payment by Discoms. The Ministry of New and Renewable Energy (MNRE) in order to address the two most critical elements when developing a renewable energy project/park has issued […]

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ITI Floats Tender For 270 AC and DC Electric Vehicle Chargers

The last date of bid submission is March 15, 2019. The Indian Telephone Industries Limited (ITI) has invited Expression of Interest (EOI) for selection of “Business Associates” for the supply, erection and commissioning of 70 AC (Smart) Charging Equipment (Bharat AC 001), 170 DC (Fast) Charging Equipment (Bharat DC 001) and 30 DC Fast Charger […]

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