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BEST to Set up World’s First Thermal Battery Plant

World’s first thermal battery plant in Andhra Pradesh would manufacture thermal batteries which would supply power for a longer duration than the Lithium-ion battery. Leading power storage service provider, Bharat Energy Storage Technology (BEST) has revealed setting up a thermal battery plant in Andhra Pradesh. Considered as a great addition, world’s first thermal battery plant […]

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UN Commends India’s Solar Approach and Plastic Ban

Major advances are being made to better safeguard natural environments across the world, but more action is needed if the planet’s long-term survival is to be ensured. United Nations’ environment chief has commended the intensity of India’s approach towards the use of solar energy for electricity production. UN Environment Programme (UNEP), Execiutive Director, Erik Solheim […]

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SECI Launches e-Tender for 150 MW Solar PV Plant for SCCL

SCCL tender includes design, engineering, supply, construction, erection, testing, commissioning, and comprehensive operations and management. Expanding the solar power segment in Telangana, Solar Energy Corporation of India (SECI) has rolled out e-tender for 150 MW of solar PV power plant at different locations of Singareni Collieries Company (SCCL). The project in the tender includes design, […]

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Apple Partners with Swiss Re, Akamai and Etsy to develop Renewable Energy

The plant collectively is expected to produce 290 MW of addition power in the Pennsylvania, Jersey, Maryland (PJM) Power Pool grid catering major parts of Eastern U.S. As part of its environmental efforts, Apple has partnered with e-commerce player- Etsy, reinsurance company- Swiss Re and Cambridge’s cloud service provider- Akamai Technologies to develop two new wind […]

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Anti-Dumping & Safeguard Duties- A Cloud of Uncertainty Still Remain to be Cleared

Despite a significant move taken by the Indian government a month ago, to promote the power of solar in tackling climate change globally, where, India took centre stage by leading the bunch of nations from across the globe during the International Solar Alliance (ISA) founding ceremony. India, too, is dealing with various bottlenecks on domestic […]

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NTPC Postpones 2 GW Solar Auction Citing Opposition to Safeguard Duty

The NTPC put-off on the auction process was prompted by the concerns of bidders over the impact of safeguard duty on imports on their present financial frameworks. State-run National Thermal Power Corporation (NTPC) has postponed a 2000 MW solar tender for a week citing developers’ dissent over the 25 percent safeguard duty imposed on solar […]

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Ind-Ra Upgrades Mytrah Energy from ‘IND-BBB’ to ‘IND-A’

The rating agency has upgraded Mytrah’s long-term credit rating from ‘BBB’ TO ‘A-‘ and short term rating from ‘A3’ to ‘A2+’. A leading wind energy service provider in India, Mytrah Energy (MEIPL) has received a higher credit rating from the chief market analyst India Ratings and Research (Ind-Ra). The rating agency has upgraded Mytrah’s long-term […]

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Tata Power’s CGPL Wins ‘Gold’ at FAME ‘Excellence in Safety’ Awards

The award, given by the Foundation for Accelerated Mass Empowerment (FAME), recognizes industries for implementing best occupational health and safety systems, processes and practices. Tata Power’s wholly owned subsidy in Gujarat, Coastal Gujarat Power (CGPL) won ‘Gold’ at the FAME ‘Excellence of Safety’ awards for  best safety practices and implementing workplace safety norms for the […]

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Rico Autos foresees Rs 2,000 crore turnover by 2020

Gurugram based auto parts maker Rico Auto Industries has claimed the procurement of orders worth 1,200 crore from electric vehicles manufacturers. Following a three-way future growth strategy, the company expects revenue of Rs. 1,500 crore in the FY 2018-19 and a turnover of Rs. 2,000 crore in the following year. In order to reach this […]

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