Competition Commission of India (CCI) has approved the acquisition of Orix Wind SPVs by Greenko Energy Holdings (GEH) from ORIX Corp. and equity stake in GEH by Orix under Section 31(1) of the Competition Act, 2002, on Thursday.
Category: Power & New and Renewable Energy
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Sanjay Malhotra Takes Charge as CMD at REC Ltd
Sanjay Malhotra, a 1990 batch officer of the Indian Administrative Service (IAS)’s Rajasthan cadre has assumed charge as Chairman & Managing Director, the Navratna non-financial banking company (NBFC) REC Ltd with effect from November 9. The Appointments Committee of the Cabinet (ACC) had approved Malhotra’s appointment.
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Radiance Renewables Chooses Prescinto to Monitor its Solar Asset Portfolio Performance
The data platform for improving the performance of solar energy assets, Prescinto Technologies has announced that Radiance Renewables, a developer of cost-efficient renewable energy solutions for commercial, industrial and residential customers, will be it as its primary monitoring and performance analytics software partner.
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CCEA Approves Revamp of Financial Support to PPPs in Infrastructure VGF Scheme
The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi has approved the continuation and revamping of the scheme for financial support to public-private partnerships (PPPs) in the infrastructure viability gap funding (VGF) Scheme till 2024-25 with a total outlay of Rs 81 billion.
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Siemens to Stop Support to New Thermal Power Plants
Siemens Energy has announced that it will discontinue the support for the development of new coal- fired power plants but will continue to offer bridging technologies like gas-fired plants and components for efficient combined heat and power (CHP), waste heat and biomass co-firing projects as also continue its CO2-reducing service and solutions business.
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Ramky Enviro Launches Southern India’s Maiden Waste-to-Energy Plant
One of the leading providers of comprehensive environment management services in Asia, Ramky Enviro Engineers Ltd (REEL) has launched southern India’s first waste-to-energy plant.
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Power ministry brings all distribution companies under EC Act ambit
Ministry of Power has said that it had mandated that all electricity distribution companies would be brought under the ambit of the Electricity Conservation (EC) Act.
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Power Minister Heaps Praise on NTPC on its 45th Raising Day
Union Minister of State (Independent Charge) for Power, New and Renewable Energy & Minister of State for Skill Development and Entrepreneurship, Raj Kumar Singh has commended power utility NTPC for the role played by it in ensuring uninterrupted power at the height of the nationwide lockdown amidst the COVID-19 pandemic.
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KBL Unveils Energy-Efficient SP Coupled Pump-set
Kirloskar Brothers Ltd (KBL) has launched a new range of energy-efficient, low-maintenance self-priming (SP) coupled pump-sets designed for effluent treatment plants and dewatering applications.
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IEX Electricity Market Trades Register 76% YoY Growth in Oct
The Indian Energy Exchange (IEX) traded electricity volume of 6743 million units (MU) in October, witnessing a significant 76 per cent YoY increase.