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Sterlite Power Completes Merger of Subsidiary; Announces Annual Results

Sterlite Power has announced the completion of the merger of its wholly-owned subsidiary Sterlite Power Grid Ventures with the parent entity. Sterlite Power, a leading global power transmission player, has announced the completion of the merger of its wholly-owned subsidiary Sterlite Power Grid Ventures Ltd. with the parent entity. With this merger, the company further […]

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Delhi Metro Tenders for 2 MW Rooftop Solar Project Under RESCO Model

The Delhi Metro tenders for commissioning of 2 MW rooftop solar project under RESCO model at the staff quarters of DMRC in Delhi. The Delhi Metro Rail Corporation (DMRC) has issued a tender, inviting bids from eligible bidders, for the commissioning of a 2 MW rooftop solar PV power project under RESCO model at the […]

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NTPC Seeking Developers for 190 MW Solar Project in Nokh Solar Park

NTPC has tendered for the selection of solar power developers for setting up a 190 MW solar project at the Nokh Solar Park in Rajasthan. NTPC Ltd has issued a tender, inviting bids from eligible bidders, for the selection of solar power developers for setting up a 190 MW grid-connected solar PV power project at […]

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Vikram Solar Expands Retail Footprint; Enters Chhattisgarh

Vikram Solar has announced the expansion of its retail footprint with the entry into Raipur, Chhattisgarh, tying up with Express Tradecom. Vikram Solar, a leading module manufacturers and prominent EPC and rooftop solar solutions provider has announced the expansion of its retail footprint with the entry into Raipur, Chhattisgarh. The company tied up with Express […]

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2021: Counting On PSU’s To Flex Solar Muscles

Just 5 years ago, if you had looked around at India’s largest energy public sector firms or PSU’s, be they energy producers or consumers, you would have struggled to see ambition, when it came to their renewable energy plans. However, more has changed in the preceding 5 years than any 5 year plan devised by […]

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Technical Complexities Will see Hybrid Tariffs Garner a Premium Over Solar: Ind-Ra

Ind-Ra believes technical complexities in hybrid renewable project development could weigh on the project economics and tariffs assumption. A new research note by India Ratings and Research (Ind-Ra) believes that upcoming wind-solar hybrid auctions will spark cautious optimism among independent power producers. Technical complexities related to grid integration and inclusion of floor capacity proportion of […]

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ReneSola Power Announces Sale of 12.3 MW of Projects in Hungary

ReneSola Ltd, a leading fully integrated solar project developer, today announced that it entered into an agreement to sell a portfolio of projects located in Hungary to Obton, a leading international solar investment company headquartered in Aarhus, Denmark. The portfolio comprises 20 solar plants in five locations, including Sárbogárd, Kömlöd, Szajol, Lukacshaza, and Törökszentmiklós, with a combined capacity […]

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India’s Solar Manufacturing- A Tale of failed Government Initiatives

India’s solar manufacturing prowess, or lack of it, has been a regular cause for concern ever since the country started powering forward in capacity additions from 2016 onwards. A new report from IEEFA and JMK Analytics puts the spotlight on the sector, especially on its failure to ramp up even as demand went up domestically. […]

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Sterlite Power Raises Rs 200 Crore, Focus on Greening the Grid

Sterlite Power has raised Rs 200 crore in debt financing from Allianz GI, representing the firm’s 1st infrastructure sector deal in India. Sterlite Power, a leading global power transmission player, has announced that it has raised Rs 200 crore in debt financing from Allianz Global Investors (Allianz GI) – a leading investment managers firm with […]

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