March 2021
Waaree Energies commissions solar power project in Puducherry
- Mar 27, 2021
Waaree Energies has commissioned a 10-mw solar photovoltaic power plant in Puducherry, which is understood to be the first solar plant in the said city. A release by Waaree Energies said that the grid-connected plant will supply power to Read more
CESL teams up with Common Service Centre SPV to build demand aggregation
- Mar 27, 2021
Convergence Energy Services Ltd (CESL) has signed an agreement with CSC e-Governance Services India Ltd (CSC SPV) to create demand aggregation for electric mobility, solar, energy efficiency solutions and other initiatives of CESL. The proposed relationship aims to create Read more
IndiGrid completes acquisition of NER-II Transmission from Sterlite Power
- Mar 26, 2021
India Grid Trust (IndiGrid) has completed its largest transmission project deal by acquiring NER-II Transmission Ltd (“NER-II”) from Sterlite Power at an enterprise value of around Rs.4,625 crore. IndiGrid AUM reaches Rs.20,000 crore With this acquisition, IndiGrid’s assets under management Read more
Adani Transmission clarifies on Mumbai HVDC project
- Mar 26, 2021
Adani Transmission Ltd (ATL), in a stock exchange filing, has clarified that Maharashtra Electricity Regulatory Commission (MERC) has issued a statutory licence to build an HVDC link connecting the outskirts of Mumbai to the company’s Mumbai distribution licensee Read more
India’s first anti-viral switches from Schneider Electric
- Mar 26, 2021
Schneider Electric has announced the launch of self-disinfecting anti-viral and anti-bacterial switches under its Clipsal X product range. Meeting international standards of testing, the switches are powered by Silver Ion technology which can kill over 99.9 per cent of Read more
Waaree commissions solar power project for Maharashtra Seamless
- Mar 26, 2021
Waaree Energies, in a release, announced that it has commissioned a solar photovoltaic project for Maharashtra Seamless Ltd (MSL). The ground-mounted project with aggregate capacity of 21 mw has been set up at Swami Samarth Solar Park in Akkalkot, Read more
PGCIL acquires project SPV for TBCB project in Rajasthan
- Mar 26, 2021
Power Grid Corporation of India Ltd (PGCIL) has completed the acquisition of a project SPV for which it was recently declared successful bidder, under the tariff-based competitive bidding mechanism. In a stock exchange filing, PGCIL said that it has Read more
PXIL launches Green Term Ahead Market (GTAM) platform
- Mar 25, 2021
Power Exchange India Ltd (PXIL) launched the Green-Term Ahead Market (GTAM) on its transaction platform on March 24, 2021. The development took place after receiving approval from the Central Electricity Regulatory Commission (CERC) on March 19, 2021. To familiarize the Read more
Discoms may choose to exit PPA after expiry of tenure
- Mar 25, 2021
The Union power ministry has issued a notification enabling discoms to either continue or exit the power purchase agreement (PPA) after its term. The notification gives flexibility to power generators to sell the relinquished power in any mode after Read more
India’s power generation capacity estimated at 817 GW by FY30
- Mar 25, 2021
India’s installed power generation capacity is set to grow to 817 GW by end of FY30, Minister of State (independent charge) for power, R.K. Singh, recently stated in a written reply in Parliament. The minister said that India attained Read more