Tata Power-DDL ties with Schneider, Enedis; here’s how Delhi may benefit from new smart grid project

Tata Power-DDL Friday joined hands with European firms Enedis, Schneider Electric, Odit-e and VaasaETT to implement a 1-megawatt smart grid demonstration project in the national capital, which would be insulated from any blackout in the main grid. This microgrid will cater to a specific area which could be connected to main grid or can be […]

This PSU bank has put assets of Videocon Group’s Unity Appliances on sale; know why

State-owned Bank of Maharashtra (BoM) has put on sale movable and immovable properties of Unity Appliances, a unit of debt-ridden Videocon Group, to recover Rs 153.77 crore loan. The outstanding dues of the Unity Appliances Ltd are over Rs 153.77 crore, plus interest, from January 5, 2018. The company situated at SIPCOT Industrial Complex Sivagangai […]

Shadow casts over Modi govt’s ambitious solar target as capacity addition slows down, says report

Capacity addition in solar energy sector has slowed down on account of lack of clarity on several policy issues and arbitrary bid cancellations, casting shadow over developer’s sentiment, a report said. In wake of delayed capacity additions, development of the solar energy sector has constrained, CRISIL Research said in a report. “There were frequent bid […]