PTC Financial Services (PFS) is setting up India’s first infrastructure development debt fund, solely for renewable energy projects, in partnership with UK Climate Investments LLP (UKCI) and Department for International Development (DFID), UK. The company has raised Rs 400 crore from State Bank of India under the credit enhancement scheme, enabling it to raise bonds worth Read more…
To ensure that its ambition to install 30,000 megawatt of offshore wind power by 2030 does not come at the cost of the marine ecology health, the Government has proposed that lease of wind farm in the sector will be cancelled if they are found posing threat to flora and Read more…
Industry players have sought more time from the Solar Energy Corporation of India (SECI) to complete their site visits in Leh and Ladakh districts, where the government plans to set up solar parks with capacity of 7,500 MW. The pre-bid meeting on the mega tender was attended by 51 companies Read more…
The government’s ambitious plan to set up a 7,500 mw (mega watt) solar power project at an estimated investment of Rs 45,000 crore in Jammu & Kashmir’s Ladakh region has whetted the appetite of some 50 topline companies, even as tariff emerged as the key concern. Prospective investors, including major Read more…
olar power projects proposed by the Solar Energy Corporation of India (SECI) in Leh and Kargil districts of Jammu & Kashmir are in safe regions, according to a top company official. Concerns over the safety and viability of these projects were raised after 40 Central Reserve Police Force personnel were Read more…
Saudi Arabia will look at major areas for investments in India, sign pacts with agencies such as Invest India and participate in the country’s infrastructure fund during Crown Prince Mohammed bin Salman’s visit on Tuesday a day after he pledged investments worth an estimated $20 billion to Pakistan. Five MoUs Read more…
BENGALURU: To boost the number of solar rooftop photovoltaic projects in the state, Karnataka Electricity Regulatory Commission (KERC) issued an order recognising thirdparty investments in setting up SRTPV units in rooftops of houses. Under this model, a developer/investor can install, own and operate solar plants on the rooftop by paying Read more…
The BSES Rajdhani Power Limited ( BRPL), one of the power distribution companies here, will launch a block-chain based platform on trial basis for consumer- to-consumer (or peer- to-peer) solar power trading. The method can be used by consumers with rooftop solar power infrastructure to further monetise their investment. Consumers Read more…
NEW DELHI: BSES Rajdhani Power Limited (BRPL), one of the power discoms of Delhi, will launch a blockchain-based platform on a trial basis for consumer-to-consumer (or peer-to-peer) solar power trading. The method can be used by consumers with rooftop solar power infrastructure to further monetise their investment. Consumers with this Read more…
Nagpur: Even as solar rooftop consumers were celebrating the relief given to them by Maharashtra Electricity Regulatory Commission (MERC), MSEDCL has dropped a bombshell. It has proposed astronomical grid support charges, which will make solar power costlier than its own power. The discom, it seems, is hell bent on scuttling Read more…