SUBSCRIBE NEWS LETTER

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Uneven Grouping of Renewables Leading to Curtailments in India: TCCL

Electricity demand in India grew at a CAGR of 5.1% over the last decade from FY 2011 to FY 2019. However, this fell to a mere 1.2% in FY 2020. India was already facing an economic slowdown, with industrial output declining to an 8-year low during the year, but compounded by the impact of the […]

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Hindustan Coca-Cola Beverages Presses 7 new Renewable Energy Projects Into Service

Hindustan Coca-Cola Beverages has successfully pressed 7 additional renewable energy (RE) projects into service. Hindustan Coca-Cola Beverages (HCCB), one of India’s top FMCG companies, has announced that it has successfully pressed 7 additional renewable energy (RE) projects into service. Installed in different factories of the company, these projects are designed to source 23.5 million units […]

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Discoms’ Dues to Power Gencos Rises 29% YoY to Rs 1.38 Lakh Crore in October

Discoms total dues owed to Gencos rose by over 29 percent year-on-year (YoY) to reach Rs 1.38 lakh crore in October 2020. Power Distribution Companies (Discoms) total dues owed to power producer i.e. generation companies (Gencos) rose by over 29 percent year-on-year (YoY) to reach Rs 1,38,187 crore (Rs 1.38 lakh crore) in October 2020. […]

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Orient Cement Goes With AMP Energy For Captive Renewable Generation

Orient Cement, which has plants in Maharashtra, Telangana and Karnataka,has signed up for a 26 percent stake in AMP Solar Systems, a step down subsidiary of AMP Solar Technology. The new firm, which was incorporated in May 2020, will set up a solar power plant in Maharashtra to serve primarily as a captive supplier of […]

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Power Sector Employees Protest Against Privatisation of Discoms: AIPEF

Power sector employees have held nationwide protests against the government’s decision to privatise Discoms, AIPEF has said. Power sector employees on November 26, 2020, held nationwide protests against the government’s decision to privatise Discoms, the All India Power Engineers Federation (AIPEF) has said. They also demanded the withdrawal of Electricity (Amendment) Bill 2020 and scrapping of the standard bidding document (SBD). […]

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India’s RE Capacity to Reach 160 GW by 2025, Investment of Rs 4 Lakh Cr: ICRA

ICRA expects a gradual shift in RE technology bidding in India to shift towards hybrid projects, and that RE capacity will reach about 160 GW by March 2025 In its latest market analysis credit and rating agency, ICRA has said that it expects to witness a gradual shift in renewable energy (RE) technology bidding in […]

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Discoms’ Dues to Gencos Rises to Rs 1.38 Lakh Crore in September

The dues owed by Discoms to power Gencos increased to Rs 1.38 lakh crore in September 2020, witnessing a 28 percent rise over the same month last year. The dues owed by distribution companies (Discoms) to power generators (Gencos) increased to Rs 1,38,479 crore (Rs 1.38 lakh crore) in September 2020, witnessing a 28 percent […]

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Inverted Energy Opens Lithium-ion Battery Manufacturing Facility in Delhi

Inverted Energy has announced the opening of its new lithium-ion battery manufacturing facility in the Okhla Industrial Area in New Delhi. Delhi-based battery manufacturer Inverted Energy has announced the opening of its new lithium-ion battery manufacturing facility in the Okhla Industrial Area in New Delhi. The company stated that the commissioning of the plant, which currently has a production […]

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REC Tenders for Solar Street Lights in Rural and Tribal Areas of Nashik

REC has tendered for the procurement and installation of 1650 solar street lights in the rural and tribal areas of Nashik district of Maharashtra. The Rural Electrification Corporation (REC) through its REC Foundation has issued tender for the engagement of PMA/ implementing agency for the procurement and installation of 1650 solar street lights in the […]

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