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Energy Transformation in Southern Africa Boosted by IRENA & SACREEE Agreement

The two organisations will work on building regional capacity and attracting sustainable energy investments The International Renewable Energy Agency (IRENA) and the Southern African Development Community’s (SADC) Centre for Renewable Energy and Energy Efficiency (SACREEE) signed a Memorandum of Understanding (MoU), to work together on accelerating the deployment renewable energy solutions, including decentralised technologies, in […]

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Loans Worth Rs 1.25 Lakh Cr so far Under Discoms Liquidity Package

Loans worth nearly Rs 1.25 lakh crore have been sanctioned so far by PFC and REC Ltd under the liquidity package for stressed power Discoms Loans worth nearly Rs 1.25 lakh crore have been sanctioned so far by state-owned non-banking finance firms Power Finance Corporation (PFC) and REC Ltd under the liquidity package for stressed power distribution […]

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Siemens Gamesa Renewable Energy Selects Infosys to Deliver ERP System

Infosys has been selected by Siemens Gamesa as a strategic partner for SAP S/4HANA implementation to deliver a globally harmonised ERP system. Infosys, a global leader in next-generation digital services and consulting, has been selected by Siemens Gamesa Renewable Energy (SGRE), a global leader in the renewable energy industry, as a strategic partner for SAP S/4HANA implementation to […]

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Ather Energy Inaugurates New Electric Scooter Plant in Hosur, Tamil Nadu

Bengaluru based electric two-wheeler (E2W) startup, Ather Energy has started its new 4 lakh square feet E2W manufacturing plant in Hosur, Tamil Nadu. The company had signed a Memorandum of Understanding (MoU) with the government of Tamil Nadu in December 2019, for a 4 lakh square feet electric vehicle (EV) manufacturing plant. Guidance TN, Tamil […]

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ADB & Japan’s METI to Promote Clean Energy in Southeast Asia

ADB and Japan’s METI have signed a MOC to enhance their joint efforts to promote clean energy in Southeast Asia. The Asian Development Bank (ADB) and Japan’s Ministry of Economy, Trade and Industry (METI) have signed a memorandum of cooperation (MOC) to enhance their joint efforts to promote clean energy in Southeast Asia. The cooperation […]

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Norway Wind Alliance Looks For Government Support For Wind

Looking to get the benefit of the new push for achieving lower emissions targets, besides a pandemic recovery led by investments into clean tech, an alliance of domestic and foreign energy firms in Norway have pitched for government support to achieve higher wind energy goals for the country. Estimating offshore wind energy potential at 10 […]

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Power Sector Non-banking Financier PFC Raises $500 Mn Through Bonds

Power sector Non-Banking Financial Company (NBFC), Power Finance Corporation (PFC), has raised USD 500 million on January 29, 2021, through the issuance of dollar-denominated Bonds with a fixed maturity of May 16, 2031. This is the longest tenor bond issuance from India since the start of 2021.  The bonds have a fixed coupon of 3.35 percent per […]

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Tata Motors Delivers Tigor EVs to Goa’s DNRE, Part of EESL Tender

India’s prominent automobile company, Tata Motors has delivered its Tigor EVs to the Department of New & Renewable Energy (DNRE) in Goa. This deployment is an integral part of its tender with EESL.  The delivery ceremony took place on 1st February in the presence of Hon’ble Chief Minister of Goa, Rajesh Tulshidas Patekar accompanied by […]

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Alok Kumar Assumes Power Secretary Role, Taking Over From Sanjeev Sahai

Alok Kumar, a 1988 batch IAS officer of UP cadre, has taken over as Union Power Secretary, succeeding Sanjeev Nandan Sahai. Ministry of Power welcomes Shri Alok Kumar, the new Secretary(Power) pic.twitter.com/zXFcIKGOnn — Ministry of Power (@MinOfPower) February 1, 2021 Alok Kumar, a 1988 batch Indian Administrative Service (IAS) officer of Uttar Pradesh cadre, on Monday took over as Union Power Secretary. Kumar will succeed Sanjeev Nandan Sahai, […]

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