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Biggest Fall in Global Energy Investments in History due to COVID-19: IEA

The COVID-19 pandemic has set in motion the largest drop in global energy investments in history, according to the International Energy Agency (IEA) The COVID-19 pandemic has set in motion the largest drop in global energy investments in history, with spending expected to plunge in every major sector this year – from fossil fuels to […]

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15 GW Renewable In Two years In The EU to Recover From Pandemic

The European Commission or EU, is planning a massive 15GW push for renewable energy tenders in the next 2 years to pull the union out of the recession caused by the Covid-19 pandemic. The EU has suffered the highest mortality counts as of now, and countries across the continent have struggled to manage wide, extended […]

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KSEDC Seeks Agencies for Installation of Grid Interactive Hybrid Rooftop Solar Plants in K’taka

The Kerala State Electronics Development Corporation Ltd (KSEDC) has invited applications (Expression of Interest or EoI) for empanelment of agencies and EPC contractors for the installation of grid-interactive hybrid solar rooftop power plant. These hybrid rooftop solar plants will be installed at the nodal agency’s different offices spread across the state of Karnataka on turnkey […]

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EV Startup ‘Ather Energy’ Inks Pact with Scooter Sharing Platform ‘Bounce’

Bengaluru-based e-mobility startup Ather Energy has entered into a partnership with dockless mobility solution provider Bounce for a scooter selling and sharing initiative ‘Peer to Peer’ (P2P) with the pilot programme taking off from Bengaluru. As per the deal, Hero MotoCorp-backed company will sell its ‘Ather 450’ e-scooter through Bounce’s website and customers can book this scooter […]

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Bailout Package of Rs 90k Cr to Provide Only Temporary Relief to Discoms, Says Ind-Ra

The bailout package of Rs 90,000 crore, announced recently by Finance Minister Nirmala Sitharaman, would only provide temporary relief to power distribution companies (Discoms), but not a long-term solution to their woes, said a leading credit rating agency India Ratings and Research (Ind-Ra). With an aim to infuse liquidity into the cash-strapped Discoms, the government […]

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CPSU REC Ties Up with TajSATS to Feed Medical Staff Serving amid Covid-19

Navratna Non-Banking Finance Company (NBFC) REC Ltd has joined hands with TajSATS (a joint venture of IHCL and SATS Ltd) to feed the frontline healthcare workers, through collaborative efforts, in key government hospitals as well as poor daily wage labourers on pan India. REC Ltd, formerly Rural Electrification Corporation Ltd, is mainly focusing on the […]

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NALCO Tenders for Electrification of Battery Room for Rooftop Solar PV Plant

State-owned National Aluminium Company Ltd (NALCO) has floated a tender for the electrification of battery room for rooftop solar photovoltaic (PV) plant at the premises of its D.M. plant in S.P.P of Alumina Refinery, NALCO in Damanjodi town in Odisha. The last date and time for submitting bids is June 15, 2020, by 3:00 p.m. […]

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Tender Issued for 8 MW Ground Mounted Solar Plant at Hubballi Airport

State-owned Airports Authority of India (AAI) has floated tender inviting bids from eligible bidders for the installation of 8 MW ground-mounted, grid-connected, photovoltaic (PV) solar plant at Hubballi Airport. The scope of work includes “designing, supply, installation, testing and commissioning of a ground-mounted, grid-connected, solar PV power plant of 8 MW capacity at Hubballi Airport, […]

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Govt Exploring New Lending Institutions to Support Small Enterprises: Gadkari

The government is exploring new financial lending institutions to support small-scale units to provide financial support, said Nitin Gadkari, the Union Minister for Micro, Small and Medium Enterprises (MSME) and Road Transport and Highways (MORTH). The Minister assured the industry stakeholders that the government is working towards strengthening the NBFCs which will help small businesses […]

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