Global investment firm KKR today announced the launch of Virescent Infrastructure, a newly created platform to acquire renewable energy assets in India. Virescent currently owns 317 mw of solar assets located in Maharashtra and Tamil Nadu. Headquartered in Mumbai, Virescent Read more
Artha Energy Resources (AER) has started expansion work on a 165KW rooftop solar power plant in Aurangabad, Maharashtra. The current capacity of the solar rooftop power plant stands at 100.4KW which has been active since February 2019 while 64.5KW Read more
Best Power Equipments has introduced grid-tie inverters for roof top applications across India. These solar inverters would help the households to reduce the high cost of electricity bills and provides higher efficiency in the long run. The KSG-DM series Read more
Smart Power India (SPI) has released the findings of its joint study with NITI Aayog and the Rockefeller Foundation on “Electricity access and benchmarking of distribution utilities.” The study covered 10 states, 47 districts, 115 towns and 1238 villages The Read more
MG Motor India and Tata Power, on October 28, 2020, inaugurated the first superfast charging EV station in the city. The move is part of MG’s recent partnership with Tata Power for deployment of 50 KW DC Superfast Read more
Central Electricity Regulatory Commission (CERC), which has already suspended operations since August 28, 2020 following a Supreme Court order, will remain shut for another four weeks. Due to CERC’s failure in appointing a mandatory Member (Law) in its quorum, Read more
South Asia is set to become a leading destination for smart grid infrastructure investment over the next decade. Dominated by India, the region will invest $25.9 billion to modernise its power sector over the period 2020-2029, according to Read more
A proposal by the Department of Power, Government of Arunachal Pradesh for diversion of over 70 ha of forest land for a power transmission line is under examination by the Union Ministry of Environment, Forest & Climate Change Read more
Mumbai-based Patel Engineering, a civil construction company focused on hydropower, has won an order valued at Rs.1,564.42 crore for the Subansiri Lower hydropower project in Arunachal Pradesh. In a stock exchange filing, Patel Engineering said that the contract relates Read more
The sluggish order inflow during the first half notwithstanding, Jitendra Kumar Agarwal, Joint Managing Director, Genus Power Infrastructures Ltd, expects that the company’s order inflow will turn robust from November 2020 onwards. Commenting on the company’s performance during Q2 Read more