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Socomec’s new UPS bags ‘New Product Innovation’ award

With a track record in UPS innovation spanning 5 decades, Socomec’s latest release – a truly high power modular UPS, the MODULYS XL – has been recognised with Frost &…

India’ Yulu secures ` 30 Cr investment from US

Yulu, India’s EV micro-mobility service provider, announced a fresh infusion of Rs 30 crore in equity funding led by the US-based VC firm Rocketship and existing investors. The new investment…

PM launches auction process of coal blocks for commercial mining

Prime Minister Narendra Modi recently launched the auction process of 41 coal blocks for commercial mining. It was part of the series of announcements made by the Government of India,…

Power infrastructure restored rapidly post Cyclone Amphan

Union Minister of Power R. K. Singh reviewed the progress of restoration of power systems post Cyclone Amphan in West Bengal and Odisha with Additional Chief Secretary Power, WB; Principal…

NTPC and ONGC to set up joint venture for RE business

NTPC Ltd., the PSU under Ministry of Power, and Oil and Natural Gas Corporation Limited (ONGC), the PSU under Ministry of Petroleum & Natural Gas, have signed a Memorandum of…

DISCOMs may get speedy relief through Atmanirbhar Bharat Abhiyan

The Union Ministry of Power has written to all states/UTs extending `90,000 crore financial package to assist the stressed DISCOMs. “The package for the power sector will significantly reduce the…

Magenta Power successfully bagged the rooftop solar project in Bangalore, for HAL

Magenta Power, a pioneer in establishing Clean energy solutions in India, has successfully bagged the project for engineering procurement and construction of Rooftop Solar Power project for Hindustan Aeronautics Limited at…

Sterling and Wilson Solar signs largest order in Australia of AUD 525 million

Sterling and Wilson Solar Limited (SWSL) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), today announced that it has signed (along with its branch and Australian subsidiary) an EPC contract of…

World-leading solar parks kickstart India’s dynamic clean energy transition

The Indian government set itself a formidable target in 2016: Install a massive 175 gigawatts of renewable energy by the 2021/22 financial year and 275 gigawatts by FY2026/27 to transform…

ERDA employees contribute to PM CARES Fund to aid fight against COVID-19

Electrical Research and Development Association (ERDA), which is a “not for profit” Scientific and Industrial Research Organisation, has always contributed to the building of the nation. In light of the…

MNRE promotes setting up of RE Equipment Manufacturing Parks in India

The Ministry of New and Renewable Energy (MNRE) has initiated action in a big way towards setting up new hubs for manufacturing renewable energy equipment in the country to meet…

Wind energy capacity addition to be subdued in FY2020: ICRA

The wind power sector is facing significant challenges because of the delays in making payments by the state distribution utilities and the execution delays being faced by the projects bid…

BHEL commissions two hydropower generating units in Arunachal Pradesh

Bharat Heavy Electricals Limited (BHEL) has successfully commissioned two units of 4×150 MW Kameng Hydroelectric Project (HEP) in Arunachal Pradesh. Notably, this is the largest unit rating (150 MW) for…

NTPC awards Vikram solar a 300MW Solar Project

Vikram Solar, one of India’s leading module manufacturers and a comprehensive EPC solutions & rooftop solar provider, has bagged a 300 MW solar plant project forINR 1,750 crore from National…

Lockdown impact: peak power demand down 25 percent last week

DISCOMs may see fall in collections Peak power demand or highest power requirement during a day fell on an average by 25 per cent last week.According to data compiled by…

IREDA to handle CPSU Scheme on behalf of MNRE

The Ministry of New and Renewable Energy (MNRE) has appointed the Indian Renewable Energy Development Agency Limited (IREDA) as the implementing agency to handle the Central Public Sector Undertaking (CPSU)…

India’s 2019/20 fuel demand growth worst in over two decades

India’s annual fuel demand grew 0.2 per cent in 2019/20, its worst growth rate in over two decades, dragged down by a hefty 17.8 per cent decline in local consumption…

NTPC to raise ₹ 4,374.10 crore via bonds on Thursday

State-run power giant NTPC on Monday said it will raise ₹ 4,374.10 crore on Thursday through issuance of unsecured non-convertible bonds on private placement basis. The proceeds will be utilised…

COVID-19: No impact on operating projects, says Azure Power

Azure Power Global, a New Delhi-based independent solar power producer, has recently said that their operating projects have not been impacted due to the COVID-19 pandemic. The New York Stock…

Power sector works towards maintaining grid stability after PM’s 5th April blackout call

Honourable Prime Minister Narendra Modi has appealed for a 9-minute blackout on 5th April 2020 at 9 PM, which has put officials in the power ministry in a fix on…

Union Budget 2020-21: New initiatives welcomed by the energy sector

The Union Budget for 2020-21 announced a slew of incentives and reforms for the energy and power sector. Industry players share their views on the Budget. “Allocating `22,000 crore for…

Goldi Solar titled “Bankable Tier 1” by BNEF

Goldi Solar, one of the leading Indian solar panel manufacturers and an EPC provider and independent power producer (IPP), bags the title of “Bankable Tier 1” solar panel manufacturer by…

ERDA launched first corporate brochure at ELECRAMA 2020

At ELECRAMA 2020, which was conducted at Greater Noida from 18th to 22nd January, 2020, ERDA’s exhibition stall was inaugurated by B.B. Chauhan, Managing Director, GETCO in the presence of…

Solar home systems have huge positive impact on livelihoods in India

A recently released report by GOGLA, the global association for the off-grid solar energy industry, has established the huge positive impact of solar home systems (SHS) on livelihoods in India.…

India pledges to have 40 percent power generation capacity by 2030

As part of nationally determined contributions as per the Paris Agreement on climate change, India has made a pledge that by 2030, 40 percent of its installed power generation capacity…

Power ministry to track India’s energy security and consumption

Raj Kumar Singh, Hon’ble Minister of State (Independent Charge) for Power and New and Renewable Energy and Hon’ble Minister of State for Skill Development and Entrepreneurship released the State Energy…

Indian railways to source about 1,000 MW solar power by 2021-22

Indian railways has planned to source about 1,000 MW solar power and about 200 MW of wind power progressively by 2021-22 across zonal railways and production units. Of this, 500…

India to meet 175GW renewable energy capacity by 2022

A total of 47.86 GW of renewable energy capacity has been installed in the country during the last six years, from March 2014 to October 2019. The source-wise and statewise…

Domestic supply to exceed electricity demand

As on 31st October 2019, the installed generation capacity in the country is around 3,64,960 MW, which is sufficient to meet the country’s electricity demand. The details of actual power…

MoP forms a group to monitor power market

Ministry of Power has formed a high-level group to study the present system of power purchase and sale under the Power Purchase Agreement (PPA) including power trading. The group will…

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