Thrust in ensuring 24-hour electricity access to all rural households under the Saubhagya and DUGJY schemes is likely to boost energy demand to some extent as well as improve the quality of life for rural households.
Category: Power & New and Renewable Energy
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ABB factory to manufacture power distribution products
The facility was inaugurated by Sanjeev Sharma, Managing Director of ABB in India in the presence of other dignitaries and customers from various sectors. ABB has been present in Nashik since 1978 manufacturing state of the art medium-voltage power products.
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Exicom to deploy 1 GWh of energy storage solns
As India gears up for revolution in mobility, Exicom is all set to offer customers e-charging with convenience. Recently, the company has won EESL bid to supply 125 chargers through techno-commercial bidding process. These chargers are already installed successfully.
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Rays Future Energy launches 60 MW project in Karnataka
Rays Future Energy, a subsidiary of Rays Power Infra, is commissioning a 60 MW of capacity under open access systems in Karnataka, which will be completed by the end of the current fiscal year.
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Solar Tenders witness drop in November
Solar tender and auction activity in India had a steep decline in November 2017. The solar capacity tendered across the country during the month fell by 25 percent to 300 MW compared to the October 2017 total and the amount of solar auctioned dropped by 98 percent to just 5 MW.
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Suzlon wins 252 MW wind power project order
A leading Global Utility has awarded a wind power project of 252 MW to Suzlon Group. This project is won by the Utility through SECI II auction held recently. Suzlon will execute the entire project on a turnkey basis and will also provide operation and maintenance services. With this order, Suzlon has secured combined orders of 502 MW across SECI - I and SECI- II auctions.
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New bidding guidelines to boost wind power sector: ICRA
The recent notification of bidding guidelines by the Government of India for the award of wind power projects is a positive development for the sector. The guidelines address some of the key concerns for the sector pertaining to off-takerÂ’s credit profile, grid curtailment and termination payments.
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S Bhagat is the new CFO of Azure Power
Azure Power, a leading independent solar power producer in India, announced the appointment of Sushil Bhagat, former CFO of Hindustan Power Projects (HPPL), as the new Chief Financial Officer of Azure Power.
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Mahindra, EESL tie-up for Paris climate goals
India has made ambitious commitments in the Paris Climate Accord and organisations such as Mahindra & Mahindra (M&M) and Energy Efficiency Services Limited (EESL) are putting their best foot forward to ensure that the goals are met
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Siemens-Gamesa wins renewable energy hybrid project
Siemens Gamesa, the renewable energy leader in the country has won India's first large commercial level renewable hybrid project from one of the leading Independent Power Producers in the country.