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Bharat Heavy Electricals Limited (BHEL) has received a Letter of Intent (LoI) from Rajasthan Part I Power Transmission Limited, a special purpose vehicle (SPV) under Adani Energy Solutions, for the BF800 HVDC Project, planned for completion by 2030. In a regulatory filing, BHEL confirmed that it will design and execute the High Voltage Direct Current […]
Indian wind energy company Inox Wind is optimistic about entering the Indian solar market with its new venture, Inox Solar. The solar arm of the firm plans to participate in hybrid tenders, allowing the group to establish such projects independently without external involvement. The top management of the publicly listed company, in its latest investors’ […]
A latest report by BloombergNEF (BNEF) said that the global cost of clean power technologies such as wind, solar, and battery technologies is expected to fall further by 2-11% in 2025, breaking last year’s record. According to the report, new wind and solar farms are already undercutting new coal and gas plants in production costs […]
India’s solar cell manufacturing capacity is set to touch 50-55 GW by fiscal 2027, up five-fold from 10 GW at the end of fiscal 2024, propelled by the government’s policy thrust to reduce imports of cells and modules, a study by Crisil Ratings said. The expansion will entail a capital expenditure (capex) of Rs 28,000-30,000 […]
Gujarat-based H.G. Infra has expanded into the Battery Energy Storage System (BESS) segment with the incorporation of its new subsidiary, ‘H.G. Gujarat BESS Private Limited’. The H.G. Infra announced the incorporation of the subsidiary in a regulatory filing. It said, “This Special Purpose Vehicle (SPV), H.G. Gujarat BESS Private Limited, has been incorporated as a […]
The Appellate Tribunal For Electricity (APTEL) has now ordered in favour of ACME Heergarh Powertech Private Limited in a case related to force majeure, triggered by the COVID pandemic. The judgment was passed after the petitioner (ACME) approached the apex body by challenging an impugned order, earlier passed by the Maharashtra Electricity Regulatory Commission (MERC). […]
In an order that left some hope for a future rethink on the issue, the Maharashtra Electricity Regulatory Commission (MERC) has rejected a plea by the Captive Power Producers Association(CPPA) in the state to direct the key state discom/s to allow bundling of solar, wind and thermal power for use by captive consumers too. MSEDCL […]
Mumbai-based Aarti Drugs has tied up with Prozeal Green Energy to procure solar power through a captive arrangement. The company announced the collaboration in a regulatory filing, stating, “Aarti Drugs, a manufacturer of Active Pharmaceutical Ingredients (APIs) and Pharma Intermediates, has entered into a share subscription and shareholders’ agreement with Prozeal Green Power and Pro-Zeal […]
United States (US) recent executive orders could have profound implications on electric vehicles (EV), slowing down the pace of adoption, according to a recent report from Wood Mackenzie. According to its report, “Trump’s executive orders unsettle electric vehicle and battery markets” policy changes have impacted the EV, battery, and raw material markets in the US […]
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