June 2021
IEX trading volume records 9 pc growth in May 2021
- Jun 7, 2021
Indian Energy Exchange (IEX) traded 6540 MU of electricity volume in May 2021, recording a 9 per cent year-on-year growth, an IEX release said. May 2021 marked continuation of the COVID-19 lockdowns as well the cyclonic disturbances which affected Read more
Two power transmission project SPVs transferred to PGCIL
- Jun 7, 2021
Bid process coordinator REC Power Distribution Company Ltd has transferred two power transmission-related project special purpose vehicles to successful bidder Power Grid Corporation of India Ltd (PGCIL). The two SPVs in question are: Fatehgarh Bhadla Transco Ltd (FBTL) Sikar Read more
CESL to expand decentralized solar portfolio in Meghalaya, Ladakh
- Jun 7, 2021
Convergence Energy Services Ltd (CESL) has signed MoUs with Meghalaya and Union Territory of Ladakh, envisaging 65 mw of decentralized solar power capacity. The first MoU, with Meghalaya Power Distribution Corporation Ltd, (MePDCL), envisages decentralized solar capacity worth 60 Read more
“Ratle Hydroelectric Power Corporation Ltd” incorporated
- Jun 5, 2021
In a stock exchange filing, NHPC announced that a joint venture company “Ratle Hydroelectric Power Corporation Limited” for implementation of the Ratle hydropower project in Union territory of Jammu & Kashmir has been formed. The filing said that the Read more
NHPC signs lease agreement with CESL for 25 EVs, chargers
- Jun 5, 2021
NHPC has signed e-mobility agreements with Convergence Energy Services Ltd (CESL) for leasing of 25 electric vehicles and supply of three EV fast-chargers. The agreement includes installation and commissioning, a release from NHPC said. With this agreement, NHPC will Read more
Market Based Economic Despatch (MBED): Discussion paper circulated
- Jun 4, 2021
The Union power ministry has circulated a discussion paper on Market Based Economic Despatch (MBED) to all stakeholders concerned, and is soliciting comments and inputs by June 30, 2021. The discussion paper covers the proposed mechanism for implementation, estimation Read more
Power of AI in revamping the solar power sector
- Jun 4, 2021
As the world moves towards a solar energy revolution, Artificial Intelligence-based technologies are gaining prominence and significance, notes Shashank Agarwal. . In recent years, the global energy market has undergone tremendous transformation. Considering Read more
We are working on application-centric customizations for the power industry: Vedanta
- Jun 4, 2021
Part of Vedanta Ltd, Vedanta Aluminium is the world’s largest producer of aluminium wire rods, outside China, and caters almost exclusively to the power industry. In this exclusive interview, we have Read more
EPC business of Bajaj Electricals to focus on illumination
- Jun 4, 2021
Bajaj Electricals will focus on the illumination business, as part of its EPC activities. This is also reflected in lower order book of the other two EPC segments – transmission line towers (TLT) and power distribution (PD). The outstanding Read more
“Zero Dirt”: Solar cleaning robot from Sleepwalkers
- Jun 4, 2021
Sleepwalkers has announced the global launch of its autonomous solar cleaning robot named “Zero Dirt”. The company has recently developed and tested its indigenously designed bot with an objective to enhance the power Read more