May 2021
Cabinet approves PLI scheme for advanced battery storage
- May 13, 2021
The Cabinet, chaired by Prime Minister Narendra Modi, has approved the proposal for implementation of the Production Linked Incentive (PLI) scheme for advanced battery storage. Proposed by Department of Heavy Industries (DHI), the “National Programme on Advanced Chemistry Cell Read more
Largest single-location solar project in Uttar Pradesh commissioned
- May 12, 2021
EPC contractor Vikram Solar, for project owner NTPC, has commissioned what could be the largest single-location solar power project in Uttar Pradesh. In a release, Vikram Solar announced that it has completed an 85-mw grid-connected solar photovoltaic plant for Read more
Three states yet to file tariff orders for FY22
- May 12, 2021
At least three states, including Maharashtra and Kerala, had not filed their tariff orders for FY22, up to April 28, 2021. The power ministry in a recent letter to all state governments has stressed on the importance of Read more
KEC reports year-on-year order inflow growth in FY21
- May 12, 2021
KEC International has reported new order inflow of nearly Rs.12,000 crore in the year ending March 31, 2021, marking a 4.8 per cent year-on-year growth. The order inflows for FY21 (April 1, 2020 to March 31, 2021) stood at Read more
Kalpataru Power records over Rs.8,400 crore order inflows in FY21
- May 12, 2021
Kalpataru Power Transmission, in a release announcing its recent financial results, said that it received new orders worth Rs.8,443 crore in the year ending March 31, 2021. As of March 31, 2021, the company’s outstanding order book position was Read more
Siemens reports 17pc growth in new order inflow in Q2 of FY21
- May 11, 2021
Siemens Ltd has reported a 16.9 per cent year-on-year growth in new orders during the second quarter (January 1, 2021 to March 31, 2021) of its financial year ending September 30, 2021. In a release, Siemens said that the Read more
GE, Toshiba plan to localize “Haliade-X” offshore wind turbine in Japan
- May 11, 2021
GE Renewable Energy and Toshiba Energy Systems & Solutions Corporation announced that they have signed a strategic partnership agreement to localize critical phases of the manufacturing process of GE’s Haliade-X offshore wind turbine and to support its commercialization Read more
Over half of JSW Energy’s portfolio to come from renewables: CEO
- May 11, 2021
Renewable energy will account for over half of JSW Energy’s power generation portfolio in the medium term, according to Prashant Jain, Joint MD & CEO, JSW Energy Ltd. Jain said that the company’s current installed capacity is around 4.6 Read more
Nava Bharat Ventures revives Odisha power plant, registers on IEX
- May 11, 2021
Hyderabad-based Nava Bharat Ventures has begun merchant electricity sales from its newly-revived power plant in Odisha. In a stock exchange communication, Nava Bharat Ventures said that it has synchronized to grid its 60-mw power plant and has commenced power Read more
AEML to meet 50 per cent of its energy procurement through renewable sources
- May 10, 2021
Adani Electricity Mumbai Ltd (AEML) has planned to meet 50 per cent of its electricity procurement through renewable energy sources, by FY25. In a recent investor presentation, AEML, the power distribution licensee in Mumbai serving 3 million customers, and Read more