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NTPC asserts Additional Tariff for Bid Resubmission for 2GW Project

Pre-qualified developers for NTPC tender show their concern about whether they would be allowed to pass on the incremental tariff because of the safeguard duty to distribution companies. Feeding the impacts of the safeguard duty on imports, state-run National Thermal Power Corporation (NTPC) has asked the pre-qualified bidders of 2GW solar power project to resubmit […]

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Rural Electrification- Another Feather in India’s Cap

After India took over driver’s seat and successfully parks the car of International Solar Alliance (ISA) Summit in March this year, Asia’s third largest economy continued its rollercoaster ride in April too, and once again scripted history by hitting the target of electrifying all villages ahead of the deadline. In 2014, when Narendra Modi chaired […]

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Tesla may Go Private For $420 Per Share Price

The $420 share price of Tesla is seemingly decided on the fact that it is already a valuable automaker in the United States. Stunning the shareholders and onlookers, Elon Musk in a tweet mentioned about thinking to make the American Multinational Corporation, Tesla, private at a cost of USD 420 per share. The tweet made […]

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Tata Power’s CGPL Wins ‘Gold’ at FAME ‘Excellence in Safety’ Awards

The award, given by the Foundation for Accelerated Mass Empowerment (FAME), recognizes industries for implementing best occupational health and safety systems, processes and practices. Tata Power’s wholly owned subsidy in Gujarat, Coastal Gujarat Power (CGPL) won ‘Gold’ at the FAME ‘Excellence of Safety’ awards for  best safety practices and implementing workplace safety norms for the […]

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ISRO Develops Green Propellant for Rocket Motors

The successful implementation of the propellant by ISRO will eliminate the emission of chlorinated exhaust products from rocket motors. Taking another step towards green propulsion system, Indian Space Research Organization (ISRO) has developed an eco-friendly solid propellant based on Glycidyl Azide Polymer (GAP) as fuel and Ammonium Di-Nitramide (ADN) as oxidizer at the laboratory level. […]

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All-Women Staff takes Charge at Tata Power’s CRC in Mumbai

An all-women CRC is the company’s first major move to address its women customers better. In a boost to gender equality, Tata Power inaugurates India’s first ‘All-women’ staff Customer Relations Centre (CRC) for its power utility customers. This CRC in Andheri (West), Mumbai will be entirely managed by a team of seven women who are trained […]

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Sungrow launches State-Of-The-Art Factory at India Base

Sungrow India has installed more than 2 GW of renewable capacities. The launch of the factory is aimed at improving company’s global delivery and enhancing service to the customers worldwide.   India’s leading inverter company, Sungrow launches a state-of-the-art facility for manufacturing of central and string inverters, fulfilling Indian as well as international demands. With […]

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SEBI Permits ‘ReNew Power’ to Float IPO

The ReNew Power IPO comprises of new shares worth Rs 2,600 crore. The move also comes with an additional offer for sale of over 94 million equity shares by existing shareholders. In a substantial addition to solar industry, market watchdog SEBI sanctions Goldman Sachs’ ReNew Power to float its Initial Public Offering (IPO). The ReNew […]

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Industry Splits on DGTR’s Proposed Imposition of Safeguard Duty

Safeguard duty is bound to ensure an even playing field for both domestic and imported products, says Sunil Rathi. The solar industry has divided into two parts after the Directorate General of Trade Remedies (DGTR) has recommended, recently, imposition of safeguard duty for two years on imports of solar cell from China and Malaysia. It […]

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