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SECI Extends Bid Deadline for two Solar Tenders Worth 2700 MW

SECI has extended the bid submission deadline for two solar tenders, the 1500 MW CPSU-II and the 1200 MW (ISTS-VI). The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for two solar tenders, the 1500 MW CPSU-II and the 1200 MW (ISTS-VI). The nodal agency has extended the bid submission deadline […]

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BHEL Tenders for Floatation Platform for 100 MW Floating Solar Plant

BHEL has tendered for the deployment of the floatation platform for the company’s 100 MW floating solar power plant at NTPC Ramgundam Bharat Heavy Electricals Ltd. (BHEL), has floated a tender, seeking bids from eligible parties for the deployment of the floatation platform for the company’s 100 MW floating solar power plant at NTPC Ramgundam […]

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Payment Dues to Renewable Firms Now at Rs 9735.6 Crore

The CEA has revealed that the total payment dues for the 513 active renewable energy projects in the country, as of July 31, 2019, was Rs 9735.6 crore. The latest report issued by the Central Electricity Authority (CEA) has revealed that the total payment dues for the 513 active renewable energy projects in the country, […]

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Delhi Discoms Cut Regulatory Assets by Rs 3029 cr in 5 Years

Delhi Discoms have seen a steady decline in regulatory assets to Rs 8,377 crore over the last five years, down by Rs 3029 crore in that period. The power sector in Delhi has seen a steady decline in regulatory assets to Rs 8,377 crore over the last five years, helping the AAP government keep tariffs under check, […]

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UN HQ Gets Solar Panels as Goodwill Gift From India

The UN Building in New York will now be powered by solar panels, given as a goodwill gesture by India to promote clean and renewable energy The UN Head Quarters and office in the New York will now be powered by Solar Panels. These installed panels on the roof of the building are a gift […]

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IFC Raises $569 mn From 1st Canadian Green Bond

IFC has issued its 1st Canadian dollar green bond, raising USD 569 million for climate-smart business. The International Finance Corporation (IFC), a member of the World Bank Group, has issued its first Canadian dollar green bond, attracting strong investor demand and raising CAD750 million (USD 569 million) for climate-smart business. The proceeds of the five-year […]

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GWEC Predicts 330 GW of new Wind Capacity by 2023

The GWEC updated market outlook has predicted an additional 330 GW of new wind energy capacity will be added to the global energy market from 2019 to 2023 The Global Wind Energy Council’s (GWEC) recently released updated market outlook has predicted an additional 330 GW of new wind energy capacity will be added to the […]

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Solar Leads as RE Investment Skyrocket Past $2.5 Trillion

In the last ten years, the investments in the renewable energy sector have crossed the threshold of 2.5 Trillion dollars with solar at the top. The decade of investment (2010‐2019) quadruples renewables capacity from 414 GW to about 1,650 GW Solar capacity alone will have risen to more than 26 times the 2009 level — […]

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THDCIL Receives Bids for Rs 3215 cr Against Rs 1500 cr Bond

THDCIL has received bids for Rs 3215 crore in response to its corporate bond series-II of Rs 1500 crore with a greenshoe option of Rs 1000 crore THDC India Limited (THDCIL), a joint venture of Government of India and Government of Uttar Pradesh, which was incorporated to develop, operate and maintain the 2400 MW Tehri […]

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