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Tata Power’s Renewable Portfolio Grows 7% to 3,883 MW in Q4 FY20

Utility giant Tata Power on Wednesday reported a 7 percent surge in its renewable energy portfolio, which includes clean and green energy projects, and stood at 3,883 MW from the corresponding quarter in FY19. The country’s one of the largest integrated power company said that it’s renewable energy business capacity crossed 2,637 MW including 932 […]

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Solar Companies Resume Manufacturing Cautiously after Govt Eases Lockdown Norms

With India slowly opening up its economic activities again after total shutdown for many days amidst coronavirus lockdown, various companies across the clean energy space, whether top brands or startups are also resuming operations by reopening their factories and offices. Despite lockdown continued, the government has provided permission to various companies across sectors to reopen […]

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Top 10 States for Renewable Energy Installations in Last 4 Years

A list of the top 10 states that have implemented the maximum amount of renewable energy projects in the last four years. As part of Intended Nationally Determined Contributions as per the Paris Accord on Climate Change, India has undertaken to install at least forty percent of its total electricity generation capacity from non-fossil fuel […]

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Discoms to get Loans at low Rates to pay Back Gencos: RK Singh

Discoms will be offered loans at cheaper rates by state-owned power sector financing companies for clearing their dues towards Gencos, RK Singh has said. Financially stressed Discoms will be offered loans at cheaper rates of 8.5 to 9 percent for a 10-year period by state-owned power sector financing companies PFC and REC for clearing their dues towards power generation companies (Gencos), Power and Renewable Energy Minister RK Singh […]

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Discoms’ Liquidity Infusion via Loan Positive for Gencos, But Losses to Shoot Up by Rs 270 Bn in FY21: ICRA

Government’s Rs 900 billion liquidity support under Atmanirbhar Bharat package for state power distribution utilities (Discoms) is a much welcome measure, said ICRA a leading credit rating agency. However, this liquidity infusion in Discoms will be in the form of loans against receivables, from major power sector lenders Power Financial Corporation (PFC) and Rural Electrification […]

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Top 10 Ground Mounted Solar Power States by Installed Capacity in India

With the Modi Government’s aspirational goal of 5 trillion dollar economy by 2024-25 for India, power sector gets a centre stage as it is one of the most important pillars of the economic growth of the country. However, coronavirus likely to impact the goals. Despite such hindrances, power industry especially renewable energy has a higher […]

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Smart Prepaid Meters Enable Discoms Generate 95% Billing Efficiency amid Lockdown

Despite lockdown imposed across the country due to coronavirus crisis, the use of smart prepaid meters is helping power distribution companies (Discoms) in generating around 95 percent of billing efficiency, along with an average 15-20 percent increase in monthly revenue per consumer. This is significant as most of the Discoms amidst lockdown in the country […]

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Top 10 Rooftop Solar States by Installed Capacity in India

India has set one of the world’s most ambitious targets of 175 gigawatts (GW) for renewable energy capacity addition by 2022, including 100 GW for solar, 60 GW for wind, 10 GW for bioenergy and 5 GW for small hydro-power. Out of the solar’s 100 GW capacity, 40 GW will come from rooftop solar and […]

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IEX Reports 6.6 Percent Decline in Power Trade in April 2020

IEX has stated that its electricity market saw a trade of 4052 MU in the month of April 2020, witnessing a decline of 6.6 percent YoY. The Indian Energy Exchange (IEX), the country’s premier energy exchange platform has stated that the electricity market at IEX saw a trade of 4052 MU in the month of […]

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