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Power Trading in Power Exchanges Exempted From new TDS and TCS

The Central Board of Direct Taxes of India (CBDT) has exempted power trading transactions through online exchanges like Power Exchange India Ltd (PXIL) from the newly imposed section 194 (O) – TDS on E-Commerce Transactions & section 206C (1H) – TCS on Sale of Goods on an E-Commerce platform, of Income-tax Act, 1961. The Finance […]

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Iberdrola Inaugurates Andévalo Solar Plant, Targets 3 GW Capacity in the Region by 2025

Iberdrola has inaugurated the Andévalo solar plant, a ground-breaking facility that paves the way for a more sustainable energy and production model. Iberdrola has inaugurated the Andévalo solar photovoltaic plant, a ground-breaking facility that paves the way for a more sustainable energy and production model. Iberdrola Chairman, Ignacio Galán, accompanied by the president of the […]

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City Logistics is Best Suited for EV Fleets: Prasad Sreeram

COGOS, calls itself India’s fastest growing intra-city logistics company, with plans to induct 1000 EV’s in its fleet this year and a target of having 30% of the total COGOS fleet as EV by 2025. Their e-commerce customers like Flipkart, Bigbasket, Amazon have shown interest in EV deliveries and have started their pilot projects across […]

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8 Governments Pledge to Kickstart Offshore Wind in Baltic Sea

8 Baltic Sea countries and the European Commission have signed a joint declaration to accelerate the build-out of new offshore wind capacities in the Baltic Sea At an Offshore Wind Conference, hosted by the Polish Wind Energy Association (PSEW), high-level representatives of eight Baltic Sea countries and the European Commission signed a joint declaration to […]

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“Government Notifications Will Boost Hydrogen’s Advent As Fuel Of The Future”

By Jay Cheema Recently, the Ministry of Road Transport and Highways (“MoRTH”) has notified amendments to the Central Motor Vehicles Rules, 2020 wherein it has issued standards for safety evaluation of the vehicles propelled by hydrogen fuel cells. The suppliers and manufacturers of such hydrogen fuel cells vehicles now have standards available to test the […]

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Our Aim is to Double Our Portfolio in the Next 2 years: ShriPrakash Rai

Canada -based AMP Energy has emerged as a significant player on the IPP side, including in India. The firm, which has stepped up its ambitions in India with a few recent wins in auctions, with bids as low as Rs 2.50 per unit, prides itself on empowering its different country operations. We got responses from […]

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300MWh Projects Award to ENGIE Upheld by Guam’s Public Auditor

In a win for the clean energy goals of Guam, the Office of Public Accountability upheld the award of its Phase III Renewable Energy Project to ENGIE. In a win for Guam’s clean energy goals, the Office of Public Accountability (OPA) upheld the power utility’s award of its Phase III Renewable Energy Project to ENGIE. […]

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Utility-Scale Solar Capacity net Additions in US to Rise 10% Yearly to 2024: Report

Utility-scale solar generating capacity net additions in the US are forecast to see compound annual growth of 10 percent in terms of watts through 2024. Utility-scale solar photovoltaic (PV) generating capacity net additions in the US are forecast to see compound annual growth of 10% in terms of watts through 2024, according to ‘Photovoltaic Solar […]

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SJVN Secures 100 MW Solar Project at Raghanesda Solar Park

SJVN Ltd has announced that it has bagged a 100 MW solar PV power project in the Raghanesda Solar Park and will soon begin work on the Rs 490 crore project. SJVN Ltd has announced that it has bagged a 100 MW solar PV power project in the Raghanesda Solar Park in Gujarat. The firm […]

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