"The rooftop solar sector has suffered the most significant CY 2021 due to the proposal to limit net metering. The so-called “right of consumers acts 2021” has worked against consumers by reducing the earlier cap of 1 MW to Read more
In two separate developments, German financial institution KfW Group will be providing loans to support India’s development projects in the field of power T&D and renewable energy. The first agreement was between Government of India and KfW for a Read more
SJVN Ltd has entered into an MoU with Damodar Valley Corporation (DVC) for setting up renewable energy projects, including ground-mounted and floating solar plants. The two Central PSUs, both falling under the power ministry, will tap the renewable energy Read more
Central Electricity Regulatory Commission (CERC) has recently adopted the tariff for procurement of power of 2,500 mw under “Pilot Scheme-II”, for a period of three years. In its order dated December 22, 2021, CERC has adopted the tariff of Read more
“The wires and cables industry in India witnessed a significant growth of 10 per cent last year. Having always been an essential part of the manufacturing industry and with the added impetus provided by the recently introduced government Read more
Transformers & Rectifiers (India) Ltd has reported the winning of an order from the Gujarat state transmission utility. In a stock exchange filing, TRIL said that Gujarat Electricity Transmission Corporation Ltd (GETCO) has placed an Read more
ABB India has announced that it will hive off and sell its turbocharger business to a new wholly-owned subsidiary. In a stock exchange communication, ABB India said that its board has approved the creation of a new wholly-owned subsidiary. Read more
Linxon has won its first strategic long-term framework agreement for the turnkey delivery of high voltage substations in Ireland. The agreement is with Electricity Supply Board (ESB) in the Republic of Ireland, and runs from 2021 to 2024. The Read more
Exide Industries, in a communication, said that it has decided to set up a multi-gigawatt lithium-ion cell manufacturing plant. The in-principal approval to the above proposal was given at the company’s board meeting held on December 21, 2021. The Kolkata-based Read more
ReNew Power, in a release, said that it was on track to attain its targeted cumulative operational renewable energy capacity of 8.2 GW by end of FY22. During FY22 so far, ReNew Power has commissioned 1.5 GW worth of Read more