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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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BHEL Tenders for O&M Works for NTPC 50 MW Solar Project

BHEL has tendered for the operation and maintenance (O&M) of NTPC’s 50 MW solar power plant at Ananthapur, Andhra Pradesh for a period of 11 months. BHEL has issued a tender, inviting bids from eligible vendors for undertaking the task of operation and maintenance (O&M) of NTPC’s 50 MW solar power plant at Ananthapur in […]

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Green Term-Ahead Market Will Boost RE Trading in India

By August 2020, India had 88 gigawatts (GW) of installed renewable energy capacity. In the pipeline, as of June 2020, there was 47 GW of solar, wind and hybrid projects with another 24 GW of projects in the bidding phase (where tenders have been issued but auctions are yet to complete). And the start of trading on August 21, […]

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Two O&M Tenders for 40 MW of Solar By BHEL

Bharat Heavy Electricals Limited (BHEL), one of the power sector PSU’s that is increasingly being used as a vehicle to meet manufacturing as well as other objectives in the renewable energy space, has floated two more O&M tenders for solar projects. The first project on offer is the 10 MW solar power project at Charanka […]

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Novus Green Bags EPC Contract for 15 MW Floating Solar Plant at SCCL

Novus Green has announced that it has been awarded the EPC contract for a 15 MW (19.5 MW DC) floating solar power plant from SCCL. Novus Green has announced that it has been awarded the Engineering, Procurement and Construction (EPC) contract for a 15 MW (19.5 MW DC) floating solar power plant from Singareni Collieries […]

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PM-KUSUM – The Solar Saviour?

The PM-KUSUM scheme seeks to be the ultimate gamechanger for energy security and the rural economy. We examine the early challenges that it is facing and come to a conclusion. It’s a great idea that will need tweaks to increase coverage, and some key policy interventions to get on schedule. By Prasanna Singh You know […]

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