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Tata Power-DDL among the first utilities in the country to meet 100% renewable purchase obligation compliance
The company sourced more than 2000 million units (MUs) of green power from renewable sources like solar, wind, hydro and waste-to-energy including large hydro sources and fulfilled Renewable Purchase Obligation (RPO) for FY 2020-21.
Tata Power tops CRISIL’s ESG scores for power companies in India
The company has fared well on all Environmental, Social and Governance (ESG) parameters and scored an impressive 67 out of 100.
Microchip launches 1700V silicon carbide alternative to silicon IGBTs
Silicon carbide portfolio with 1700V MOSFET die, discrete and power module devices extend designers’ options for efficiency, power density.
Government plans to commission more nuclear power plants for augmenting power generation
There are presently 22 reactors with a total capacity of 6780 MW in operation and one reactor of 700 MW has been connected to the grid on January 10, 2021.
ABB to divest mechanical power transmission division for $2.9 billion
The transaction is expected to be completed by the end of the year 2021, subject to customary closing conditions, including regulatory review.
IEX partners with the Belgian scale-up N-SIDE to implement its power matching solution
Indian power exchange IEX has partnered with the Belgian scale-up N-SIDE to implement its power matching solution based on mixed-integer linear programming for price discovery in its day-ahead market.
Fitch rates India Cleantech Energy’s proposed USD notes first-time ‘BB-(EXP)’; outlook stable
The rating benefits from the fully contracted revenues of the operating assets, whose counterparties include sovereign-owned entities and distribution companies owned by various Indian states. The rating is also supported by the adequate financial profile of the restricted group. All of Acme RG1’s capacity is under long-term power purchase agreements (PPAs) with the majority (93% of capacity) with tariffs fixed through the PPA terms, which extend beyond the tenor of the proposed US dollar notes.
Tata Power set to reduce emissions in alignment with Science Based Targets initiative (SBTi)
SBTi is a partnership between CDP, UN Global Compact, World Resources Institute, WWF and We Mean Business Coalition to drive climate action in private sector.
33/11kV 10 MVA Substation inaugurated in Bandipora, J&K
The substation, which was sanctioned with a cost of Rs 3.85 crore, will benefit more than 2400 households in areas of Nishat Bandipora, Baghi Bandipora, Nusso, Lankreshara, Papchan and the surrounding areas.
China to lead deployment of electric vehicles during 2021 to 2030 period, says GlobalData
The annual sale of battery electric cars is expected to increase from one million in 2020 to reach eight million in 2030. Also, the annual sale of battery electric commercial vehicles is expected to grow from 0.12 million units in 2020 to 1.61 million in 2030.
