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PMO steps in to ease supply of credit for green energy firms

By : Sustainability ..., Sep 30, 2019

The Prime Minister’s Office has intervened to help ease credit supply to renewable energy firms, as the government moves to ensure that India’s efforts to emerge as a clean energy champion are not undermined by a lack of access to funds. The PMO has asked federal policy think...

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Gujarat: Vadodara leads in solar rooftop power applications

By : Sustainability ..., Sep 27, 2019

Barodians are becoming quick to embrace renewable energy. State energy minister, Saurabh Patel revealed on Thursday that Vadodara tops the list of cities in Gujarat that have registered for the rooftop solar installations recently re-launched by the Gujarat government. Since...

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PFC looks for safer bets like e - vehicles, charging infrastructure

By : Sustainability ..., Sep 18, 2019

Power Finance Corporation (PFC) is looking for new sectors to fund as it wants to hedge the risks associated with lending to the nation's ailing utilities, according to people familiar with the matter. The country's top lender to electricity projects is exploring new areas...

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CERC eases norm to issue power trading licence to NTPC

By : Sustainability ..., Jul 11, 2019

Even as NTPC does not meet the criteria, the Maharatna Central Public Sector Enterprise is financially sound with respect to liquidity for carrying out electricity trade, it added. The Central...

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Andhra Pradesh to renegotiate renewable pacts citing high rates

By : Sustainability ..., Jul 4, 2019

Andhra Pradesh will renegotiate some power purchase agreements for renewable projects to improve the finances of its electricity retailers. The state’s distribution companies, or discoms, owe...

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NTPC may set up solar power project without signing a power purchase pact

By : Sustainability ..., Jun 6, 2019

NTPC is considering setting up of a solar power project without signing a power purchase agreement (PPA) with State Discoms. A top company official said: “If solar power is really the cheapest...

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India’s Madhya Pradesh consults on 500MW of energy storage and manufacturing

By : Sustainability ..., Jun 6, 2019

Indian firm Madhya Pradesh Power Management Company (MPPMCL) has invited expressions of interest (EOI) for setting up 500MW of grid-scale energy storage capacity as well as a storage...

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Generating companies may get to invite bids from discoms to sell power

By : Sustainability ..., Mar 25, 2019

India for the first time may allow electricity generation companies to call bids from state distribution companies to sell power. ...

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KUSUM scheme for solar uptake by farmers: A fineprint

By : Sustainability ..., Mar 22, 2019

The government has published the guidelines for the implementation of Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM) scheme for installation of solar pumps and grid-connected solar power...

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In Delhi, peak power demand to cross 7,400 Megawatt this summer

By : Sustainability ..., Mar 18, 2019

The capital’s power demand is expected to cross 7,400 megawatts (MW) this summer — around 400MW more than last year. ...

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