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Using RE to Power LNG Plants Could Reduce Emissions by 8% in APAC: WoodMac

Using RE to power LNG plants in Asia Pacific (APAC) could reduce emissions by about 8 percent, according to an analysis by Wood Mackenzie. Using renewable energy (RE) to power liquefied natural gas (LNG) plants in Asia Pacific (APAC) could reduce emissions by about 8 percent, according to an analysis by Wood Mackenzie. Asia Pacific […]

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Okaya Power and Prakriti E-mobility to Collaborate on EV Charging Stations

Okaya Power has formed a strategic partnership with Prakriti E-Mobility to provide well-laid-out EV charging stations for their fleet operations Okaya, a flagship company of Okaya Power Group has announced a strategic partnership with Prakriti E-Mobility Private Limited, India’s largest fleet operators of electric 4W vehicles with the aim to provide well-laid-out Electrical Vehicle (EV) […]

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Sterlite Power Drops 14.7% Stake in IndiGrid for Rs 840 Crore

Sterlite Power has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore to institutional and HNI investors. Sterlite Power, a leading global power transmission player, has announced that it has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore (unit price of Rs 98) to […]

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PM Modi Brings 7.5 GW Ladakh Solar Project Back into Focus

PM Narendra Modi on Saturday during his Independence Day speech reinstated the Centre’s aim to establish a 7.5 GW solar power park in Ladakh Prime Minister Narendra Modi on Saturday during his Independence Day speech reinstated the Centre’s aim to establish a 7.5 GW solar power park in Ladakh to set the union territory on […]

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PXIL Highlights Power Market Regulatory Reforms and Insights

PXIL recently conducted its 2nd market consultation meeting to discuss key market regulatory reforms concerning the power industry. Ahead of the public hearing of the Central Electricity Regulatory Commission (Power Market) Regulations 2020, the Power Exchange India Limited (PXIL), conducted its 2nd Market Advisory Committee and Stakeholder consultation meeting to discuss key market regulatory reforms […]

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Each Degree Rise in Heat Index led to 187 MW Increase in Power Demand: CSE

Every degree rise in heat index resulted in a 187-megawatt increase in electricity demand during COVID-19 lockdown, which was six percent higher than in 2019, according to a new analysis. The analysis by the Centre for Science and Environment (CSE) was on electricity demand and its correlation with weather data during the successive stages of lockdown […]

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Azure Power Reports Q1 Financial Results, Revenue of Rs 394 Crore

Azure Power has announced its consolidated results for Q1 2021, reporting revenue of Rs 394 crore for the quarter, an increase of 16 percent YoY. Azure Power Global Limited, a leading independent solar power producer in India, has announced its consolidated results under the United States Generally Accepted Accounting Principles (GAAP) for the fiscal first […]

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5 Winners in GUVNL’s 700 MW Solar Tender, Vena & Tata L1 Bidders

GUVNL’s 700 MW solar tender saw the entire capacity awarded to five bidders, with Tata Power and Vena Energy submitting the winning L1 bids of Rs 2.78/kWh. The recently concluded auctions for the Gujarat Urja Vikas Nigam Limited’s (GUVNL’s) 700 MW solar tender saw the entire capacity awarded to five bidders. With Tata Power and Vena Energy […]

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Envision Solar Announces 1st EV ARC Order From Baltimore G&E

Envision Solar, a leading producer of unique and sustainable infrastructure products for electric vehicle (EV) charging, energy security and outdoor media, announced that Baltimore Gas and Electric (BGE) has ordered its EV ARC product to forward the utility’s innovation and environmental stewardship efforts and to promote off-grid EV charging within its workplaces and corporate offices. […]

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