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More Than 13 Lakh EVs Registered In India: Gadkari

More than 13 lakh electric vehicles (EVs) are registered in India excluding Andhra Pradesh, Madhya Pradesh, Telangana and Lakshadweep, the Minister of Road Transport and Highways of India, Nitin Gadkari, said in a recent written reply to the Rajya Sabha. The minister revealed that 2,877 public EV charging stations have been sanctioned in 68 cities […]

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Torrent Power Eyes Expansion Through New Acquisitions & Bids

The annual report of Torrent Power reveals that the company is looking to expand its renewable energy portfolio by the way of fresh acquisitions of existing projects. Torrent is also keen to enter the sectors of transmission and distribution through privatization and franchising. The total power producing portfolio of Torrent currently stands at 4,975 MW […]

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India’s RE May Fall Short Of 2030 Target By 104 GW: GlobalData

A new report has predicted that current growth trend of renewable energy production may pull India 104 GW short of the 2030 renewables target. 2030 RE target requires India, according to GlobalData, to add more than 38 GW of renewable capacity every year from 2022 to 2030. Ironically, Central Electricity Authority has predicted that India […]

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SECI Cancelled Solar Tenders Of 166 MW Cumulative Capacity Recently

In the last two days (11 and 12 July) SECI has cancelled three solar tenders with a total capacity of 166 MW. The three tenders include 100 MW solar tender of Getalsud Dam, Ranchi, 44 MW & 22 MW solar tender of The Singareni Collieries Company Limited (SCCL). SECI has said that the reason behind […]

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GMR Hyderabad Airport Saves Rs 10 Cr By Employing Solar Power

As per GMR Hyderabad International Airport Ltd (GHIAL), it has saved Rs 10 crore in the last one year since it has employed solar power to power airport operations. According to the information tendered, GHIAL owns solar power capacities totaling 10 MW. The entity had commissioned a 5 MW solar power plant meant for the […]

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NMDC Looking To Invest In Renewable Energy Sources

Mining major National Mineral Development Corporation (NMDC) has set its sights on investment in the renewable energy sector. The information comes from Sumit Deb, Chairman and Managing Director (CMD) of NMDC. The top official of the Central PSU affirmed the quest of NMDC to invest in the renewable energy sector as he said that the […]

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IEX Power Trading Update for June 2022

The Indian Energy Exchange achieved 8267 MU volume in June ’22 comprising 7058 MU in the conventional power market, 536 MU in the Green Power Market, and 673 MU (6.73 lac Certificates) in the REC Market, registering 17% YoY volume growth across all market segments.  Owing to improved supply-side availability, the prices at the day […]

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Rajasthan And NTPC Sign MoU To Develop 10 GW Renewable Energy Park In State

NTPC Renewable Energy Ltd (NREL) and Rajasthan Government signed on July 1 an MoU for a 10 GW ultra mega Renewable Energy Power Parks (UMREPP) to be developed in Rajasthan. The MoU was signed at a ceremony held on Friday in the presence of Rajasthan Energy Minister Bhanwar Singh Bhati. Since it was formed on […]

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CERC Allows ACME Petition To Qualify Entry Tax As Change In Law

The Central Electricity Regulatory Commission allowed on June 29 the petition moved by ACME praying for declaring the Entry Tax as Change In Law defined in the statutes. The three judges panel of I. S. Jha, Arun Goyal and P. K. Singh, also ordered the stay of collection of entry tax pursuant from the petitioner […]

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