The Indian Renewable Energy Development Agency (IREDA), a public sector undertaking (PSU) under the Ministry of New & Renewable Energy (MNRE), on Friday, invited bids for setting solar manufacturing units under the Centre’s Rs 4,500 crore Production Linked Incentive (PLI) scheme. The Centre had approved the scheme to boost domestic manufacturing of solar Photo Voltaic […]
Category: Power
Power
Reliance Power board to mull fundraising via equity issue on June 13
Reliance Power’s board will consider raising long-term funds through equity shares or equity-linked instruments in a board meeting on Sunday, a week after group company Reliance Infrastructure announced its fundraising plan. Reliance Power did not disclose the amount that it plans to raise. “A meeting of the board of directors of the company will be […]
India’s wind power sector wants rival solar to help drive growth
India’s struggling wind power industry is looking to its clean energy rival for help emerging from a pandemic-induced slump. About half of the 20 gigawatts of wind power the nation is expected to add through 2025 will come in the form of hybrid projects that combine turbines with solar panels, according to a new report […]
U’khand HC notifies Centre, state on PIL seeking stay on Himalayan power projects with no safety nets
With a climate change activist demanding a stay on power projects in the Himalayan region that do not have safety mechanisms in place and pose a danger to communities in the vicinity, the Uttarakhand high court has issued notices to the Centre and the state to respond to the PIL, filed in the aftermath of […]
Power Grid Corporation acquires Sikar-II Aligarh Transmission
State-owned Power Grid Corporation of India Ltd (PGCIL) has acquired transmission project SATL, which will evacuate electricity from 8.1GW solar energy zones in Rajasthan. Sikar-II Aligarh Transmission Ltd (SATL) was incorporated on May 17, 2020 and is yet to start commercial operation. “PGCIL, pursuant to its selection as the successful bidder under Tariff based competitive […]
Green Energy firms plan to move Supreme Court to seek revision of endangered bird order
Renewable energy companies are set to seek a revision of the Supreme Court order from April earlier this year for the undergrounding of power lines in Gujarat and Rajasthan to protect the habitat of the critically endangered Great Indian Bustard, said people aware of the matter. Power developers such as Adani Green, Tata Power Renewables, […]
CESL and Ladakh sign MoU to set up clean energy and energy efficiency projects
Convergence Energy Services Limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL) announced it has signed a Memorandum of Understanding (MoU) with the administration of Union Territory (UT) of Ladakh, to make it a clean and green UT. Under the MoU, various clean energy and energy efficiency programmes will be implemented, the […]
CCI clears Tata Power’s acquisition of stakes in 3 Odisha power utilities
Tata Power Company’s proposed purchase of 51 per cent stake each in three power utilities in Odisha has been cleared by fair trade regulator CCI. The company is to buy the stakes in Western Electricity Supply Company of Odisha (WESCO), Southern Electricity Supply Company of Odisha Ltd (SOUTHCO) and Central Electricity Supply Company of Odisha […]
Adani Enterprises incorporates manufacturing firm for wind turbine generators
Adani Enterprises Ltd (AEL) on Tuesday said it has incorporated a wholly-owned subsidiary company for manufacturing wind turbine generators. In a filing to BSE, the company said it has incorporated a wholly-owned subsidiary namely Mundra Windtech Limited (MWL) on June 7, 2021. The subsidiary company is yet to commence its business operations. On the objects […]
U.S. seeks less costly clean hydrogen in fight against climate change
The Biden administration on Monday set a goal of reducing the cost of producing clean hydrogen, a fuel that could reduce dependence on others that emit greenhouse gases that cause climate change. The Department of Energy (DOE) set a goal for hydrogen made with clean power, such as renewables and nuclear energy plants, by 80% […]
Scrap privatisation process of electricity distribution in Chandigarh: AIPEF to Govt
The All India Power Engineers’ Federation (AIPEF) on Monday urged the government to scrap the bidding for privatisation of electricity distribution in Chandigarh. “All India Power Engineers’ Federation (AIPEF) has demanded to scrap the bidding for privatisation of electricity in UT Chandigarh in view of the interim order of Punjab and Haryana High Court which […]
Power consumption grows 12.6% in first week of June to 25.36 bn units
Power consumption in the country grew at 12.6 per cent in the first week of June to 25.36 billion units (BU), indicating a slow recovery in commercial and industrial electricity demand, as per the government data. Power consumption was recorded at 22.53 BU in the first week of June last year, the power ministry data […]