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Centre Extends FAME-II Scheme For EVs: Report

The Centre has decided to extend the FAME-II scheme (Faster Adoption and Manufacturing Electric Vehicles) for EV manufacturing and to boost faster adoption of EVs in the country. Earlier, the scheme was slated to end by March 31, 2024. According to media reports, the government has extended the scheme not to let any disruption affect […]

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LONGi, Ferroglobe Enters Long-Term Silicon Supply Agreement

China-based solar technology company LONGi, and Ferroglobe PLC, a UK-based silicon metal and ferroalloys, producer recently entered into a long-term supply agreement. Under the terms of the agreement, Ferroglobe is expected to supply high-quality quartzite and metallurgical grade silicon (MGS) to LONGi to support its strategy to increase purchases from the leading western suppliers of […]

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CERC Order Paves Way For Bundling RE With Thermal For DVC

In an important order dated March 5 that paves the way for the signing of PPAs between Damodar Valley Corporation (DVC) on one side and ReNew Power and Avaada Energy for 500 MW of solar procurement, the Central Electricity Regulatory Commission (CERC) adopted the discovered tariffs proposed by DVC. The tariffs are notable for being […]

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GoodWe Expands India Footprint With Appointment Of Antyodaya Ujas as Authorized Partners

GoodWe India has announced a strategic partnership with Antyodaya Ujas, a key player in West Bengal’s Renewable Energy Sector. This collaboration marks a significant leap forward in amplifying GoodWe’s footprint in the Indian Solar Market. Antyodaya Ujas, as the Authorized Distributor, will play a pivotal role in the promotion and distribution of GoodWe’s extensive range […]

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Matrix Gas & Renewables Raises Rs 350 Crore In Pre-IPO Round

Gensol Group Company, Matrix Gas & Renewables Limited, has raised Rs 350 crore in the pre-IPO round. With the current capital raise, Matrix is now well positioned to accelerate its growth initiatives towards expanding market share for the gas aggregation business, acquiring City Gas Distribution (CGD) assets, and funding the ongoing capital expenditure plan. This […]

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PM Modi Laid Foundation Stone Of Seven SJVN Projects

Prime Minister Narendra Modi virtually dedicated four power stations of SJVN to the nation. These projects included the 60 MW Naitwar Mori hydropower station project in Uttarakhand, 75 MW Parasan solar power station, 75 MW Gurhah solar power station, and 50 MW Gujrai solar power station in Uttar Pradesh in Adilabad, Telangana. The Prime Minister […]

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Jindal Stainless Plans Rs 700 Crore Investment In Renewable Projects: Report

Stainless steel company Jindal Stainless Ltd (JSL) will invest Rs 700 crore over the course of the next three years regarding renewable energy projects. According to media reports, this will be done to reduce its carbon footprint, including the embedded emissions across its offerings. Media reports quoting Abhyuday Jindal, Managing Director, JSL, stated that investments […]

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NGEL In JV Agreement For RE Power Parks Development In Uttar Pradesh

NGEL (NTPC Green Energy Ltd) has signed a joint venture (JV) agreement with Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) for development of renewable power parks in the state. The JV was signed on 4th March 2024 at UPRVUNL’s office at Lucknow for development of Renewable Power Parks and Projects in Uttar Pradesh. The […]

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Union Minister Inaugurates 1st Green Hydrogen Plant By Jindal In Hisar

Union Minister for Steel and Civil Aviation, Jyotiraditya M. Scindia, today virtually inaugurated India’s 1st green hydrogen plant in the stainless steel sector located at Jindal Stainless Limited in Haryana’s Hisar. The inauguration witnessed the presence of the Secretary, of the Ministry of Steel Nagendra Nath Sinha, Managing Director (Jindal Stainless Limited), Abhyuday Jindal, Founder, […]

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