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Power Trade at IEX Grew by 57% in February, REC Sales Increased

The volume of power traded at IEX grew by 57% in February, mainly due to Discoms opting for replacement of costlier power with exchange-based procurement. The volume of power traded at the Indian Energy Exchange (IEX), the country’s largest online electricity platform, grew by 57 percent to 4,516 million units in February this year. IEX […]

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Sterlite Power Secures Rs 2,024 Cr Funding from IndusInd Bank, L&T Infra for Transmission Project in Gujarat

Global player in the power transmission space Sterlite Power has secured funding for about Rs 2,024 crore for its power transmission project in Gujarat. The company said that, it has achieved financial closure for its Lakadia Vadodara Transmission Project Ltd (LVTPL). It further added that, we have secured funds worth Rs 2,024 crore from IndusInd […]

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SECI Announces 3 new Tenders for 81 MW Solar Projects in SCCL

SECI will soon be issuing tender documents for 3 solar projects to be developed at Singareni Collieries Company Limited (SCCL) in Telangana. The Solar Energy Corporation of India (SECI) has announced that it will soon be issuing tender documents for 3 solar power projects to be developed at the Singareni Collieries Company Limited (SCCL) in […]

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Vedanta Seeking Developers for 100 MW Solar Projects in Odisha

Vedanta Limited has issued an RfP for the selection of developers for setting up a 100 MW solar project under the BOOT Model at multiple land parcels of Vedanta in Odisha. Vedanta Limited has issued a Request for Proposal (RfP) for the selection of developers for setting up of 100 MW ground-mounted solar project through […]

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Grasshopper Solar Acquires 278 MW Solar Projects in Pennsylvania

Grasshopper Solar has announced the acquisition of a 278 MW dc portfolio of solar projects in Pennsylvania from Glidepath Ventures Grasshopper Solar, a global developer and asset owner headquartered in Canada, has announced the acquisition of a 278 MW dc portfolio of solar projects in Pennsylvania from Glidepath Ventures, a leading clean energy-focused development and […]

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Atlas Renewable Energy Issues Largest Solar PV Bond in Latin America

Atlas Renewable Energy with DNB Markets has announced the issuance of the largest solar PV green USPP bond in Latin America to date. Atlas Renewable Energy with DNB Markets has announced the issuance of a USD 253 million US private placement (USPP) in Green Bond format. The notes were rated investment grade (BBB-) by Fitch Rating (including the construction […]

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After Wind, Sweden’s Wallenstam Now Invests in Solar Energy

After achieving self-sufficiency in renewable energy by investing in wind, Swedish real estate company Wallenstam is now planning to invest in solar energy. Thus, in order to evaluate the potential of installation of solar panels, the Swedish company has analyzed its entire property holdings, which is around 220 properties. Commenting on the development, Karin Mizgalski, […]

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Indore Smart City Issues 2nd Call for Consultants for 100 MW Solar Projects

Indore Smart City has issued the second call for the selection of a consultant for 100 MW varied solar PV power plants at various locations in the city. The Indore Smart City Development Limited (ISCDL) has issued the second call for the selection of consultant for 100 MW Floating /Ground Mounted/ Rooftop Solar PV Power […]

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SBI Tenders for Hiring Solar Systems for ATM’s in Delhi Circle

SBI Infra Management Solutions Pvt Ltd (SBIIMS), an arm of country’s largest lender State Bank of India (SBI), has invited bids for the supply of solar power systems on hiring basis for power back-up purpose for its ATM’s that comes under the control of SBI Delhi Circle. The last date and time of bid submission […]

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