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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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Covid Side Effects- Diesel in Delhi Pricier Than Mumbai For First Time Ever

The Coronavirus has achieved something almost nothing could in the past few decades. Brought the price of diesel in Delhi above the ruling price in Mumbai. After a steep increase in VAT 9 (Value Added Tax) by the state government in Delhi today, both petrol and diesel prices in the city state are up by […]

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Average Spot Price Remains at Rs 2.36 Low During Lockdown

The average spot power price has remained as low as Rs 2.36 per unit on the IEX during the lockdown period so far, which began last month The average spot power price has remained as low as Rs 2.36 per unit on the Indian Energy Exchange (IEX) during the lockdown period so far, which began […]

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NTPC Re-tenders for 100 kWp Rooftop Solar Power System

NTPC has issued its tender for setting up a 100 kWp rooftop solar PV power system at the firms’ Singrauli Super Thermal Power Plant for a second time. NTPC Ltd has issued its tender for setting up a 100 kWp rooftop solar PV power system at the firms’ Singrauli Super Thermal Power Plant (SSTPS) in […]

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Solar Subsidies. Is It Time To End Them?

Solar subsidies, like every other subsidy before them, had a noble purpose. To encourage, and enable the adoption of solar power, a cleaner power. It also joined a relatively select group of subsidies, by being open to almost every category of consumers for a while, before being restricted lately to the rooftop solar category. However, […]

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Amplus Offers Helping Hand to Local Community amid Lockdown

Amidst lockdown across the country to contain the spread of coronavirus, Gurugram-headquartered Amplus Solar is supporting the local community of Gurudev Nagar village in Mirzapur district, which is in the vicinity of UP’s first open-access solar park of 75 MWp owned by it. The company, which is a 100 percent subsidiary of Petronas Holdings, Malaysia, […]

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Jhansi Smart City Tenders for Hybrid Type Rooftop Solar Plants

Jhansi Smart City has tendered for setting up hybrid type rooftop solar plants with zero export device on government buildings at Jhansi Smart City Project in UP The Jhansi Smart City Limited has issued a tender, inviting bids from eligible firms for setting up hybrid type rooftop solar PV power plants with zero export device […]

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L&T Bags Orders worth Rs 5,000 – Rs 7,000 Cr for Power Transmission, Solar Biz

Multinational conglomerate Larsen & Tourbo’s Construction arm, L&T Construction, said that it has won major contracts worth Rs 5,000 to Rs 7,000 crore for its businesses including power transmission & distribution (PT&D) and solar in India as well as overseas. The company has got a prestigious order in Kuwait to upgrade substations and related power […]

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IndiGrid to Acquire Sterlite Power’s GPTL Transmission Project for Rs 1080 Cr

The board of IndiGrid has approved the acquisition of Gurgaon Palwal Transmission Limited (GPTL) from Sterlite Power at a value of Rs 1080 crore The board of IndiGrid Trust has approved the acquisition of Gurgaon Palwal Transmission Limited (GPTL) from transmission firm Sterlite Power at a value of Rs 1080 crore and is planning to […]

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