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Adani Green Completes Rs 133 crore Spinel Energy Buyout

Adani Green Energy has completed the acquisition of Spinel Energy and Infrastructure from Hindustan Cleanenergy and Peridot Power Ventures. The deal, which was announced on January 21 first, was formally completed last week. The enterprise value of the all cash deal has been put at Rs 133 crores. For Adani Green, the acquisition is another […]

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The 12 States Welcoming EV Adoption With Policies To Match: WRI India

12 states in India stand out for their electric vehicles (EV) policies which can actually support and nurture an EV transition, according to a recent report launched by the World Resources Institute India (WRI India). According to the report titled, “A review of State Government Policies for Electric Mobility”, a total of 14 states have […]

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Adani Green Energy Receives LOA for 300 MW Wind Project From SECI

AREHFL, a subsidiary of Adani Green Energy, has received the LOA to set-up a 300 MW wind project under SECI’s 1200 MW (Tr-X) tender. AREHFL, a subsidiary of Adani Green Energy (AGEL), had participated in the tender issued by the Solar Energy Corporation of India (SECI) for setting up 1,200 MW ISTS-connected wind power projects […]

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Adani Green to Take Over 50 MW Solar Asset from SkyPower Global

One of India’s leading renewable companies, Adani Green Energy Limited (AGEL) has announced that it has signed a share purchase agreement for the acquisition of a 100 percent stake in a special purpose vehicle (SPV) holding 50 MW operating solar project of SkyPower Global, developers and owners of utility-scale solar energy projects, with more than […]

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Regional EHS In Charge

Qualification: B.Tech Experience: Min – 3-5yrs Specific Exposure: Solar Location: Punjab & Telangana Role Purpose: To support, monitor, review, inspect and advice for establishing and maintaining environment friendly safe work practices with voluntary and statutory compliances. Establishing and maintaining QHSE culture. Voluntary and statutory compliances aligned with OMS, ISO,ESMS by site Team at Solar Business. […]

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NTPC Gets Tariffs Approved for 3 GW Solar Projects From 2015-16

CERC has approved the tariff obtained by NTPC for 3 GW of solar projects for which it had issued the RfS documents during 2015-16. The Central Electricity Regulatory Commission (CERC) has approved the tariff obtained by NTPC ltd for 3000 MW (3 GW) of solar projects for which it had issued the Request for Selection […]

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Discoms’ Dues at Rs 1.36 Lakh Crore in December, Down From Nov

Discoms total dues owed to Gencos rose by nearly 24% YoY to reach Rs 1.36 lakh crore in December 2020, however, the amount reduced from November. Power Distribution Companies (Discoms) total dues owed to power producers i.e. generation companies (Gencos) rose by nearly 24 percent year-on-year (YoY) to reach Rs 136966 crore (Rs 1.36 lakh […]

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4789 MW RE Capacity Sanctioned Under Component A of KUSUM Scheme

RK Singh has detailed that under Component-A of the KUSUM scheme 4789 MW of RE capacity has been sanctioned across farms in India, so far. Union Minister for Power and New & Renewable Energy RK Singh has detailed that under Component-A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme 4789 MW […]

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