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The Top 5: Electric Two-Wheeler Manufacturers in India

The Indian Electric two-Wheeler market stands out for one clear reality. The entry of multiple new startups in the two wheeler space, who hope to use the technology change to grab market share from the legacy two wheeler players. While it is early days yet, it is clear that at least a few of the […]

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Omega Seiki Mobility, ElectroRide to Set Up 500 Dealer network in 2 Years

Indian electric vehicle (EV) manufacturer Omega Seiki Mobility (OSM) has partnered with ElectroRide to come up with more than 500 dealerships across India. The network will be created by the end of financial year 2024. ElectroRide is an arm of Goenka Green Private Limited and OSM belongs to the Anglian Group Company. Omega Seiki Mobility […]

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Oriano to Set Up 70 MWp Phase I of Chhattisgarh Solar Project

Indian utility scale solar power development & EPC company Oriano has announced an order win for a major captive solar project under C&I segment in Chhattisgarh. The total project capacity accumulates to 168 MWp and the first phase of 70 MWp will be commissioned by mid-April 2022 to be evacuated at 132 kV. Balance capacity […]

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IEX Update For January 2022, Solar Prices at Rs 3.59 /unit In GTAM Market

The Indian Energy Exchange (IEX) achieved 8652 MU volume in January’22 comprising 7245 MU in the conventional power market, 280 MU in the green power market and 1126 MU (11.26 lac Certificates) in the REC Market. Overall, the Exchange achieved 16% YoY volume growth across all its market segments during the month, even as month […]

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SECI Gets Rs 1000 Cr Infusion To Expand Investments

The Solar Energy Corporation of India (SECI) has received an infusion of Rs 1000 crores from the Government of India to strengthen its balance sheet and undertake further investments in the renewable sector. As the key nodal agency for the sector, SECI plays an instrumental role in the tendering and award of renewable contracts across […]

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Power Minister Interaction With Stakeholders On Draft Policy For Energy Storage Systems

In an important discussion on January 25, the Union Minister of Power and New and Renewable Energy, R.K. Singh interacted with Renewable Energy developers, industry and various government representatives to discuss the elements of the draft Policy on Energy Storage system. The policy aims at the creation of technology-agnostic large storage systems across the value […]

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Thanjavur Corporation Moves Closer to First Solar Plant

Completing a project first initiated in January last year, the Thanjavur Corporation will tap soon be able to tap solar power to generate 3 megawatts of electricity for its consumption from a solar power plant being set up on the outskirts of the town under the Smart City Project. The ground mounted solar project has […]

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ICRA Predicts 16 GW Capacity Addition For RE In FY23

The outlook for the capacity addition in the renewable energy (RE) sector remains strong with a large project pipeline of over 55 GW and the highly competitive tariffs offered by these projects. The commitment to climate change goals announced by the Prime Minister at the recent COP26 summit, including increasing the non-fossil power capacity to […]

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Discoms’ Outstanding Dues to Gencos Rise 4.4% to ₹1,21,030 cr in Jan

Total outstanding dues owed by electricity distribution companies (discoms) to power producers rose 4.4 per cent year-on-year to Rs 1,21,030 crore in January 2022. Discoms owed a total of Rs 1,15,904 crore to power generation firms in January 2021, according to portal PRAAPTI (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing […]

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