SUBSCRIBE NEWS LETTER

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R.K. Singh Demolishes ‘Canards’ Against Power Reforms At Presser

At a virtual press conference today, Power Minister R.K. Singh launched a scathing broadside against what he described as the ‘canards’ being spread by vested interests to delay or block the passage of key power reforms, proposed in the upcoming Electricity (Amendment) Bill, 2020. Getting down to the theme straightaway, Mr Singh highlighted how India, […]

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Renewable Enterprise Software Firm Pexapark Raises €6m Funding

Zurich, Switzerland based Pexapark has raised €6m in its second funding round. The firm was started up in 2017 by Michael Waldner, Luca Pedretti and Florian Müller, BayWa r.e. Energy Ventures, Encavis, and RP Global are the investors that have invested to back Pexapark’s software and advisory services that help manage financial risk in the […]

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With Focus On Chinese Imports, Familiar Tussle Returns For Solar Sector

Imports in the solar sector, where Chinese origin equipment is said to account for anything between 78 percent to 85 percent of equipment used, are back in focus. Reports quoting sources say that the government has sought product-wise details of cheap imports, comparison with domestic prices and tax disadvantage, if any, from industry to curb […]

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Dark Clouds Gathering Over C&I Segment, Says ICRA

In a report carried by wire agencies, ICRA’s (Formerly Investment Information and Credit Rating Agency of India) sector head and VP Girishkumar Kadam has been quoted as saying that renewable energy developers, based on third party or group captive off-take remain exposed to regulatory risk. The segment, called the C&I or commercial and industrial segment […]

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RITES to Tender for 400 MW Solar Projects on Vacant Railways Land

RITES Ltd is soon going to tender for deployment of solar projects worth 400 MW on the vacant lands owned by the Indian Railways. RITES Ltd, an engineering consultancy company that works under the aegis of the India Railways is soon going to tender for deployment of solar projects worth 400 MW on the vacant […]

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AIPEF Appeals to the PM to put new Electricity Bill on Hold

AIPEF has appealed to the PM to put the draft Electricity Bill on hold as it is against the federal structure of the country wherein electricity is a concurrent subject The All India Power Engineers Federation (AIPEF) has appealed to the prime minister to put the draft Electricity (Amendment) Bill on hold as it is against the federal structure […]

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CREDA Revises 20 MW Rooftop Solar Tender Schedule for Chhattisgarh

State nodal agency Chhattisgarh State Renewable Energy Development Agency (CREDA) has revised the schedule for its 20 MWp tender for grid-connected rooftop solar photovoltaic (PV) systems under the Resco model. The move came in the wake of novel coronavirus (Covid-19) restrictions and precautionary measures and requests from bidders. As per the revised schedule, interested bidders […]

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Andhra Govt Approves Proposal for 10 GW Mega Solar Project

The Andhra Pradesh government has approved a proposal to set up a 10 GW mega solar power project to ensure uninterrupted supply to farmers during daytime The Andhra Pradesh government has approved a proposal to set up a 10 GW mega solar power project to ensure an uninterrupted 9-hour power supply to farmers during the daytime, besides […]

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SECI Confirms Adani, Azure, as Winners of ‘Largest’ Manufacturing Linked Bids

12 GW solar generation capacity, and 3 GW  of manufacturing/solar kit capacity. That’s what SECI has given approval to add, starting as early as 2022 by putting in motion the January 2020 tender for the largest single investment in the country’s solar sector. SECI  has formally given the go ahead to Adani Green Energy  for […]

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