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Rs 3300 Cr Loan Released for Andhra Pradesh Power Sector

The Central Government has ordered the release of Rs 3300 crore loan to the Andhra Pradesh power sector under the second tranche of the Atmanirbhar Loan. The Central Government has announced that it has ordered the release of Rs 3300 crore loan to the Andhra Pradesh power sector. The loan will fall under the second […]

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PFC Expects Additional Rs 35K Cr for Enhanced Discoms Funding

PFC has said that it expects additional funding requirements of Rs 35000 crore to meet the obligation for enhanced funding for power Discoms in near future. The Power Finance Corporation (PFC) has said that it expects additional funding requirements in a range between Rs 30,000 crore and Rs 35,000 crore to meet the obligation for […]

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RITES Bags Rs 475 Crore Railway Electrification Contract

RITES Limited has announced that it has been awarded a contract worth Rs 475 crore for electrification works of various arms of the Indian Railways. RITES Limited, a Public Sector Enterprise and a leading player in the transport consultancy and engineering sector in India has announced that it has been awarded a contract worth Rs 475 […]

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Policy Incentives are Crucial for Energy Storage in India: IESA

The India Energy Storage Alliance (IESA) has emphasised the importance of policy incentives, business leadership, skilled workforce, and inter-industry collaboration to make India self-reliant in the energy storage space. During a conference on the occasion of the 4th World Energy Storage Day on September 22, 2020, IESA also highlighted the huge employment opportunity presented by India’s […]

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India’s Renewable Energy Sector is Still Primed for Growth: IEEFA

While the pace of renewable energy growth has slowed in India, positive outcomes in recent auctions suggest there remains plenty of appetite among domestic and foreign investors to build renewable infrastructure, according to a new IEEFA briefing note. Policy-related headwinds and a collapse in electricity demand due to the COVID-19 crisis have disrupted India’s renewable energy […]

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PepsiCo Announces Target for 100% Renewable Electricity by 2030

PepsiCo has announced a new target to source 100 percent renewable electricity across all of its company-owned and controlled operations globally by 2030 PepsiCo has announced a new target to source 100 percent renewable electricity across all of its company owned and controlled operations globally by 2030 and across its entire franchise and third-party operations […]

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Enel X Awarded Grants for Future Electrification of Bus Fleets

Enel X has been awarded two grants by the Accelerating Clean Transportation Now (ACTNow) program through the Massachusetts Clean Energy Center (MassCEC). Enel X, the Enel Group’s advanced energy services business line, has announced it has been awarded two grants by the Accelerating Clean Transportation Now (ACTNow) program through the Massachusetts Clean Energy Center (MassCEC). […]

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Airbus Reveals Concepts for new Zero Emission Commercial Aircraft

Airbus has revealed three concepts for the world’s first zero-emission commercial aircraft which could enter service by 2035. Airbus, the world’s largest airline manufacturer, has revealed three concepts for the world’s first zero-emission commercial aircraft which could enter service by 2035. These concepts each represent a different approach to achieving zero-emission flight, exploring various technology […]

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Centre Working on Hydrogen Energy Development Targets: MNRE Secretary

The government is in the process of setting up targets for hydrogen energy development in the country, Indu Shekhar Chaturvedi, secretary, MNRE has said. The government is in the process of setting up targets for hydrogen energy development in the country. And a committee of officials has been formed to set those specific targets to develop […]

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