SUBSCRIBE NEWS LETTER

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Norfund Pumps Repeat Investment into Fourth Partner Energy for ₹350 Cr

Norwegian Investment Fund for developing countries – Norfund today announced a fresh investment of ₹350 Cr into renewable energy solutions platform, Fourth Partner Energy (4PEL). This is the second round of equity infusion by Norfund into 4PEL, following its $100 Mn investment in June 2021. Speaking about this development, Anders Blom, Vice President at Norfund […]

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SECI Projects Account For 18% of India’s Solar Capacity: Govt 

The Ministry of New and Renewable Energy (MNRE) claimed that 18.3 percent of India’s total solar energy capacity was contributed by the Solar Energy Corporation of India (SECI). The information was given by the Union New and Renewable Energy Minister RK Singh in his written reply before the Lok Sabha.  The minister said that in […]

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NTPC REL Wins RUMSL’s 80 MW Floating Solar Project

NTPC Renewable Energy Limited, a subsidiary firm of energy conglomerate NTPC, has emerged successful in bidding for a 80 MW floating solar project at Khandwa, Madhya Pradesh. The tariff at which the firm won the tender floated by RUMSL (Rewa Ultra Mega Solar Limited) is an impressive INR 3.80 kWh. RUMSL is joint venture between […]

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TPREL Signs PPAs with MSEDCL for 200 MW & 150 MW Solar Projects

Tata Power Renewable Energy Limited (TPREL), a firm that delves into the renewable energy sector and a subsidiary of Tata Power, has signed two significant Power Purchase Agreements (PPAs) with Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) for commissioning two solar power projects, 200 MW and 150 MW, respectively. Located in Maharashtra, these projects of […]

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Ready, Set, Go: India’s Solar Manufacturing Ambitions Are Flying

For India’s solar sector and its many entrepreneurs, all signals are finally green. Or so it would seem. Be it progress on manufacturing plans, including the all important backward integration, exports, and of course, a strong domestic market for their output. Everything has come together for the many firms and entrepreneurs who will hope for […]

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West Bengal Issues Tender for 900 MW Pumped Storage Project

The West Bengal government has floated a tender inviting bids for development and operation of the Bandu Pumped Storage Project- a 900 MW capacity power project. It will be executed through a public-private partnership. The project, located in the Ajodhya Hill Area of Purulia district, is valued at close to INR 4,700 crore with project […]

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MNRE Allows Two Solar Module Makers To Enlist New Models Under ALMM

The Ministry of New and Renewable Energy (MNRE) today issued a new order allowing two Indian solar module manufacturers to enlist additional models under the Approved List of Module Manufacturers (ALMM) scheme. It included Bangalore-based Emmvee Photovoltaic Power and Noida-based Bluebird Photovoltaic Power. Per the details, the ministry has allowed Emmvee to enlist six mono-c-Silicon PERC modules. […]

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