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Average Spot Price Remains at Rs 2.36 Low During Lockdown

The average spot power price has remained as low as Rs 2.36 per unit on the IEX during the lockdown period so far, which began last month The average spot power price has remained as low as Rs 2.36 per unit on the Indian Energy Exchange (IEX) during the lockdown period so far, which began […]

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After Inox, Swelect Energy Resumes Module Manufacturing at B’luru Plant

Hours after the announcement of Inox Wind opening up all three of its manufacturing plants, solar energy products manufacturer Swelect Energy Systems Ltd too announced the resumption of operations at its solar photovoltaic (PV) modules manufacturing plant located in Bengaluru effective from April 25, 2020. Most of the companies across the country had earlier in […]

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Shapoorji Pallonji Inks Pact with KKR to Sell 5 Solar Assets for about $204 Mn

Shapoorji Pallonji Group’s infrastructure development arm, Shapoorji Pallonji Infrastructure Capital (SP Infra) has entered into the definitive sale agreements with KKR, a global investment firm, for its 5 operational solar energy plants with a capacity of 317 MWp in consideration of about Rs 15,540 million (~ USD 204 million). The development came after months of […]

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NLC, SB Energy, ReNew Power Develops Maximum Solar Capacity in FY20

Navratna company NLC, SoftBank-backed SB Energy, and ReNew Power, country’s largest renewable energy IPP, were the leading project developers added maximum solar energy capacity in FY20, as per the research and advisory services firm report. On the state level in solar, Rajasthan added a maximum capacity of 1.8 GW, followed by Tamil Nadu with 1.3 […]

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CEL Seeking Vendors for 1000 Kgs of Solar PV Ribbon

CEL has issued a tender, seeking eligible bidders/ vendors for the supply of 1000 kgs of solar PV ribbon of width 5 mm and thickness 0.3 mm. The Central Electronics Limited (CEL) has issued a tender, seeking eligible bidders/ vendors for the supply of 1000 kgs of solar photovoltaic (PV) ribbon of width 5 mm […]

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Indian IPP Renew Power Commits Rs 20 Cr in Fight against Coronavirus

ReNew Power, country’s largest renewable energy Independent Power Producer (IPP), on Wednesday said that it will support in India’s fight against the global pandemic. The Gurugram-headquartered company assured that it will contribute to the Central and State governments’ efforts to combat the coronavirus (COVID-19) pandemic in the country. Initially, the company has committed Rs 20 […]

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BHEL Gears Up to Fight against Coronavirus Pandemic

Amid the ongoing crisis due to coronavirus pandemic in the country, state-owned power generation equipment manufacturer Bharat Heavy Electricals Ltd (BHEL) said that it has now geared up to offer assistance in whatever way possible to India’s determination in combating this calamity. The New Delhi based engineering and manufacturing company said that it will keep […]

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Stolen by Covid. Woodmac Projects 3 GW Hit on Solar, Wind Due to Lockdown

Wood Mackenzie, the global industry tracker, in its latest report today has projected that India could face over 21.6% or 3 gigawatts (GW) of solar photovoltaic (PV) and wind installations delays  as a result of the country’s lockdown. Wood Mackenzie principal analyst Robert Liew said: “The timing of the lockdown is unfortunate as Q1 is […]

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PFC Disburses Rs 11K Crore, Claims to be Unaffected by Lockdown

PFC has disbursed Rs 11,000 crore to finance power sector projects during the first week of lockdown till March 31 and has claimed to be unaffected by it. State-owned Power Finance Corporation (PFC) has disbursed Rs 11,000 crore to finance power sector projects during the first week of lockdown till March 31. The company claimed that the […]

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