Suzlon has received an order from ReNew Power for the development of a 96.6 MW wind power project in Karnataka. To this end, Suzlon will install 24 units of its S97-120m wind turbine generator (WTG) […]
Vedanta Limited, a subsidiary of Cairn Oil and Gas, has issued a notice inviting EoIs to develop a solar power project within a capacity range of 20-50 MW. The project will be developed in Rajasthan’s […]
Azure Power has commissioned a 100 MW grid-connected solar PV project in Telangana. The project is spread across an area of 500 acres and was tendered by NTPC under the National Solar Mission Phase II […]
Longi Solar has announced its plans to double the capacity of its cell and module factory in Andhra Pradesh from 500 MW to 1 GW. To this end, the company will invest $309 million. This […]
China-based CETC Renewable Energy Technology Company has signed an MoU with the Andhra Pradesh Economic Development Board to set up a solar PV cell manufacturing plant in the state. The manufacturing unit will be set […]
AES India and the Mitsubishi Corporation have started the construction of the country’s first utility-scale energy storage system in Delhi. The system is rated at 10 MW and will be connected to Tata Power Delhi […]
Indian Renewable Energy Development Agency (IREDA) has entered into a $35 million sub-loan agreement for the development of the Rewa and Mandsaur solar projects in Madhya Pradesh. IREDA will be the nodal project implementation agency […]
The International Finance Corporation (IFC) is planning to invest $150 million in Aditya Birla Finance Limited (ABFL), a 100 per cent subsidiary of Aditya Birla Capital Limited. The loan will be utilised by ABFL to […]
The Canada Pension Plan Investment Board (CPPIB) has acquired 6.3 per cent stake in ReNew Power from the Asian Development Bank (ADB) for $144 million. ADB had first purchased this stake in ReNew Power by […]
YES Bank has announced its plans to mobilise $1 billion by 2023 for financing solar power projects in India. The announcement was made at the International Solar Alliance conference in Abu Dhabi where YES Bank […]
Vector Green Energy has completed the refinancing of two solar projects with a combined capacity of 223 MW in Telangana. The company had acquired these projects from First Solar in 2017. This was made possible […]
The Sindicatum Renewable Energy Company, a Singapore-based renewable energy company, has raised Rs 2.5 billion through the sale of rupee-denominated international green bonds. With this, Sindicatum has become the first Singapore-based company to issue international […]
Solex Energy Limited (SEL) has announced its IPO on Emerge, the National Stock Exchange’s platform for small and medium enterprises. The company is planning to issue 1,380,000 equity shares that are priced at Rs 52 […]
Global Infrastructure Partners (GIP) has acquired 100 per cent stake in Equis Energy for $5 billion. The amount includes a $1.3 billion debt of Equis Energy. With this acquisition, GIP now owns over 180 assets […]
The Maharashtra government has approved the state’s Electric Vehicle Policy, 2018. The policy covers all the three segments of the electric vehicle (EV) sector – manufacturing, setting up of infrastructure, and consumers. Moreover, the EV […]
The Ministry of New and Renewable Energy (MNRE) has issued a clarification for procuring power from small solar and wind power projects through feed-in tariff (FiT) determined by the respective state electricity regulatory commissions. The […]
Dr U.R. Prasad, deputy chief (economics), Central Electricity Regulatory Commission (CERC), brings to the table a diverse mix of experience spanning the economics and regulatory segments. He completed his master’s in monetary economics from Andhra […]
Abhishek Srivastava is joint director, Uttar Pradesh Electricity Regulatory Commission (UPERC), a post he has been holding since 2014, and manages the regulatory aspects of power plants in the state. His primary responsibilities include formation […]
Balraj Joshi was appointed chairman and managing director of NHPC Limited in September 2017 and also holds additional charge as director, technical. He started his career with NHPC as a probationary executive at the Salal […]
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