Installation of LED street lights in all wards by April 30

The Municipal Corporation of Dehradun (MCD) will finish the installation of 65,000 LED street lights in all the wards by April. Informing this, the municipal commissioner Vinay Shankar Pandey stated that the corporation has already selected the wards where the installation will occur first by the lottery system. According to him, the installation of street […]

New consumer rights rules may hit rooftop solar capacity addition

The latest rules regarding the consumer rights laid down by the Union power ministry is seen to impede the pace of capacity addition of the rooftop solar in the country by disincentivising commercial and industrial users from installing such power generation capacities in their premises. While such consumers were earlier earning around Rs 7/unit by […]

French utility EDF sees opportunity in hydrogen fuel, battery storage space in India

French utility major EDF Energy is exploring business opportunities in the Indian market for electric vehicle (EV) charging infrastructure, hydrogen fuel and battery storage technologies, in line with its plans for the post-Covid-19 economy. Technologies such as hydrogen fuel and battery storage are in mature stages in France, and the company sees great value for […]

PFC’s Rs 5,000 cr bond issue for individual buyers opens on Friday; more to follow

State-owned Power Finance Corporation (PFC) on Thursday announced the launch of its maiden taxable bond issue of Rs 5,000 crore for individual buyers that will open on January 15, and said it would come out with more such issues going forward. PFC is planning to raise Rs 10,000 crore through bonds (NCDs) in two tranches. […]