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NSEFI welcomes successful SECI IX tender

NSEFI chairman Pranav Mehta said, “This tender and the price discovered scripted a new chapter in the history of Solar in India.”

Online portal for issue of NOC for power projects launched

Defence minister Rajnath Singh today launched a new web portal for issue of No Objection Certificate (NOC) for power projects and Research Survey Exploration Exploitation (RSEE) activities in the Indian territorial waters (TW) and exclusive economic zone (EEZ). 

Continued decline in all-India power demand affecting thermal PLFs

In May 2020, the all-India energy demand decreased 14.9% yoy to 102.7 billion units, while energy supply also decreased 14.9% yoy, resulting in the energy deficit remaining at 0.5% (May 2019: 0.4%).

PFC ends FY 2019-20 on a strong note

Power Finance Corporation (PFC), India’s leading NBFC in power sector and a central PSU under Ministry of Power, sanctioned loans amounting to more than Rs 1 lakh crore during the year.

All-India power demand continued to decline in April 2020 amid Lockdown

The power demand declined for April 2020 amid the Covid-19 led lockdown on account of a decline in commercial and industrial demand from major manufacturing states such as Maharashtra (down 17.9%), Gujarat (down 26.1%) and Tamil Nadu (down 28.6%).

Sofar Solar appoints IB Solar as inverter distributor

Noida-based IB Solar—a PV modules and batteries manufacturer—has partnered with China’s Sofar Solar to promote their complete range of on-grid/hybrid inverters on pan-India level. “Sofar Solar is amongst the top 5 on-grid Inverters in India and appointing us is a big leap forward for both of us. The intention behind this is to target MSMEs, […]

2 MW solar power plant inaugurated at INS Kalinga

The solar plant is the largest in the Eastern Naval Command and has an estimated life of 25 years.

IndiGrid reports 92% jump YoY in consolidated revenue for fourth quarter

IndiGrid, India’s first power sector InvIT, has reported a consolidated revenue of INR 3,284 million (US$ 44 million) for the quarter ended March 31, 2020—up 92% YoY from INR 1,705 million (US$ 23 million) for quarter ended March 31, 2019.

Power Ministry writes to States/UTs extending Rs 90,000 crore DISCOM package

The funding would be done in two tranches of Rs. 45,000 crore each.

Busworld India rescheduled to October 2020

With global trade and travel restrictions in the current situation, Busworld International CVBA and Messe Frankfurt India have jointly announced the postponement of Busworld India. Originally scheduled to be held in August 2020 at the Bangalore International Exhibition Centre (BIEC) in Bengaluru, the trade fair will now take place from October 6-8, 2020 at the same venue.

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