Monthly Archives: September 2019

//September

RWE touts 18 gigawatt renewable project pipeline in green shift

RWE has transformed itself by taking over the renewables activities of subsidiary Innogy and peer E.ON , which was part of a major reshuffle of Germany's power sector. ESSEN: German utility RWE has a renewable project pipeline of more than 18 gigawatts (GW), mostly in the United States, it said on Monday, confirming it could pour up to 3 [...]

2019-09-30T11:50:22+00:00September 30th, 2019|News|Comments Off on RWE touts 18 gigawatt renewable project pipeline in green shift

Gujarat’s rooftop solar power scheme aims to cover 2 lakh families

Under the scheme, people can install solar panels for electricity generation on the roof of their houses, and if there is surplus electricity, they can sell it to the power grid. New Delhi: Gujarat energy minister Saurabh Patel said that the state government's rooftop solar panel scheme aims to cover two lakh households by March 31 next [...]

2019-09-30T10:02:02+00:00September 30th, 2019|News|Comments Off on Gujarat’s rooftop solar power scheme aims to cover 2 lakh families

Power ministry drafts new bill to make consumer the king

  The power ministry is drafting a new Electricity Act to make consumer the king, set standard of service, make systems more transparent for ease of doing business and ensure the viability of investments through assured payment mechanisms. “The new Act will give the power sector a modern ring in tune with the aspirations of [...]

2019-09-30T09:28:53+00:00September 30th, 2019|News|Comments Off on Power ministry drafts new bill to make consumer the king

Govt departments huge power bill defaulters in Tamil Nadu, owe discom INR 1,500 Crore

  The Union and state government departments are major power bill defaulters in Tamil Nadu. At present, ₹1,500 crores are pending from several government departments. Tamil Nadu Water Supply and Drainage (TWAD) Board leads the defaulters’ list with dues of ₹855 crores. Every year, several departments in the state have defaulted, accumulating payment arrears. This year, the state [...]

2019-09-30T09:14:33+00:00September 30th, 2019|News|Comments Off on Govt departments huge power bill defaulters in Tamil Nadu, owe discom INR 1,500 Crore

Regulators can’t rejig bid-based tariffs: Aptel

The order can be useful in deciding fate of renewable energy contracts in Andhra Pradesh. NEW DELHI: The electricity tribunal has ruled that state regulators cannot alter tariffs determined through competitive bidding, which would have implications for the Andhra Pradesh government’s efforts to review power purchase agreements signed by the previous regime. Experts said the order, pronounced [...]

2019-09-30T03:22:36+00:00September 30th, 2019|News|Comments Off on Regulators can’t rejig bid-based tariffs: Aptel

PMO steps in to ease supply of credit for green energy firms

The PMO has asked NITI Aayog to assess the situation after debt financing for green energy projects dried up Deterred by rock-bottom tariffs and viability of projects, banks are wary of lending to developers   New Delhi: The Prime Minister’s Office has intervened to help ease credit supply to renewable energy firms, as the government moves [...]

2019-09-30T02:25:23+00:00September 30th, 2019|News|Comments Off on PMO steps in to ease supply of credit for green energy firms

UP energy regulator slashes solar tariffs, approves bidding for 550 mw

UPERC sets a new benchmark in lowest solar power tariffs in the state The Uttar Pradesh Electricity Regulatory Commission (UPERC) has slashed solar power tariffs to a record low of nearly Rs 3 per unit, as it cleared competitive bidding for procurement of 550 megawatts (MW) by state utilities. The approved tariffs range from Rs [...]

2019-09-30T02:12:43+00:00September 30th, 2019|News|Comments Off on UP energy regulator slashes solar tariffs, approves bidding for 550 mw

PFS, MDI Gurgaon collaborate to work in renewable energy sector

PFS and MDI have singed a to collaborate in this direction, PFS said in a release. New Delhi: PTC India Financial Services Ltd (PFS) and premiere business school MDI Gurgaon signed an agreement to collaborate for leveraging their strengths in developing capacities in the areas of infrastructure and especially sustainable infrastructure financing. PFS and MDI [...]

2019-09-30T01:55:54+00:00September 30th, 2019|News|Comments Off on PFS, MDI Gurgaon collaborate to work in renewable energy sector

Hero Future Energies reorganises business to make overseas foray

The move is aimed at exposing HFE Global to better financing avenues in the global market Hero Future Energies has reorganised its business to expand its portfolio abroad and access cheaper funding. Hero Future Energies (HFE) Global, registered in London since 2016, will control the India business through a Singapore entity and spearhead the global plans. The renewable [...]

2019-09-30T01:44:04+00:00September 30th, 2019|News|Comments Off on Hero Future Energies reorganises business to make overseas foray

Maharashtra Floats Tender for Empanelment of Vendors for 7,500 Solar Pumps

The last date of submission of bids is October 17, 2019 The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued a tender for the empanelment of vendors to design, manufacture, install, and commission 7,500 solar water pumps of 7.5 HP with the provision of data transfer by automated metering reading (AMR) to MSEDCL’s server. [...]

2019-09-27T09:29:55+00:00September 27th, 2019|News|Comments Off on Maharashtra Floats Tender for Empanelment of Vendors for 7,500 Solar Pumps
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