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Tata Cleantech Capital Raises Rs 180 Cr via Green Bond

Further, the bonds have been rated CRISIL AAA/ Stable and the proceeds of the bond will be exclusively applied to finance eligible green projects. Tata Cleantech Capital Ltd, a joint venture between Tata Capital and the International Finance Corporation (IFC), has raised Rs 180 crore through its maiden green bond for 5 years from FMO […]

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New Report from Navigant Research Sheds Light on Microgrid Projects

Since 2Q 2018, Navigant Research has identified more than 240 additional microgrid projects, representing over 1,239 MW. A new report from Navigant Research presents data on known grid-tied and remote microgrid projects in the planned, developing, and deployed stages across six geographies and seven microgrid segments. Since 2Q 2018,a Navigant Research has identified more than […]

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EESL Inks Pact for Rs 500 Cr First Long-Term Rupee Loan

The Punjab National Bank (PNB)-issued funds will be utilized by the company towards funding its capital expenditure for its flagship programmes including Street Lighting National Programme, Smart Meter National Programme, Solar Substation, and E-Mobility project. Energy Efficiency Services Ltd (EESL), a joint venture of PSUs under the Union Ministry of Power, has raised its first […]

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SPDA Demands Uniform GST Rate of 5%

The total incidence of tax on the SPGS would increase to 8.9 per cent with implementation of the GST Council recommendations. The recently issued sigh of relief from the GST council which recommended 5% GST for almost 70% of solar products has come under ire just a week after GST council issuing its recommendations. The […]

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Sungrow Supplies Turnkey Soln for 35 MW Malaysian Project

The project is known for the country’s first utility-scale PV plant which is equipped with smart monitoring system and set to address issues of energy shortage, efficiency and sustainability of Malaysia. One of the global leading inverter supplier for renewable, Sungrow has recently supplied a 35 MW solar project with it’s turnkey solution including Power […]

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PV System Commissioning – Perfection is The Key!

Effective management of a solar PV plant could be divided into 3 distinctive steps i.e. Engineering Procurement & Construction (EPC), Commissioning and Operations & Management (O&M). EPC deals with the pre-construction and construction activities of the PV power plant. Commissioning is the process that starts along with the construction of plants and proceeds through PV […]

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35% Drop in Tariff After Commissioning Delay

Waaneep had entered into a power purchase agreement with APSPDCL at a tariff of Rs 5.76/kWh for a 25 MW solar power project. The Andhra Pradesh Electricity Regulatory Commission has given its nod to an amendment in the existing Power Purchase Agreement which was drafted by Southern Power Distribution Company of Andhra Pradesh Ltd (APSPDCL). […]

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Bids for 8 GW Wind Power Finalised: RK Singh

As on date, the bids for setting up of wind power projects of aggregate 8389.90 MW capacity have been finalized through SECI and NTPC. Taking giant leaps in the renewable energy secto0072, bids for setting up of wind power projects of aggregate 8389.90 MW capacity have been finalised through Solar Energy Corporation of India (SECI) […]

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NCLT Allows Demerger of Emami’s Power and Cement Business

In the petition filed with NCLT, Emami pegged that the demerger will bring strength to each business with a focused and individual attention. National Company Law Tribunal’s Kolkata bench has recently approved the demerger of Emami’s solar power business, Emami Power, from its cement business, Emami Cement Limited. A petition was filed by the Indian […]

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