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Prakriti E-Mobility announces Ridecell as technology platform for EV cab service

Intelligent analytics optimizes EV cab fleet operations.

Government committed towards diverse energy basket to drive sustainable economic growth: Dharmendra Pradhan

The government is committed to convert fossilized fuels like coal into cleaner options. An ambitious programme of converting coal into Syngas has been set up in Odisha with an investment of Rs 60,000 crore.

NSEFI Chairman Pranav R Mehta receives Outstanding Green Activist Award

The award was given away by Nitin Gadkari, Minister of Transport, Roads and Highways, Micro Medium Small Scale Enterprises at India Green Energy Awards – 2019 organized by India Federation of Green Energy.

India’s energy storage market to grow at CAGR of 6.1% by 2026

The 5th edition of India Stationary Energy Storage market report by IESA estimates the market for energy storage in India to be US $2.8 billion in 2018 and forecasts it to grow at a CAGR of 6.1% by 2026.

Tata Power ranks among top 10 companies with the highest Corporate Governance score

The Scorecard presents an assessment of 150 companies, and is developed jointly by BSE Limited, the International Finance Corporation (IFC) and Institutional Investor Advisory Services India Limited (IiAS), with the financial support of the Government of Japan

47.86 GW of renewable energy capacity installed in last six years

The government has set a target of installing 175 GW of renewable energy capacity by the year 2022, which includes 100 GW from solar, 60 GW from wind, 10 GW from biomass and 5 GW from small hydro.

Azure Power announces results of the 2019 special meeting of shareholders

Specifically, the shareholders authorized the company to issue equity shares or share equivalents for more than 10% of the share capital of the Company, and approved that section 55 of the Mauritius Companies Act shall not apply to the aforesaid issuance of shares.

Government measures to increase solar energy generation

Foreign direct investment (FDI) up to 100% is allowed under the automatic route, besides measures like waiver of Inter State Transmission System (ISTS) charges and losses for inter-state sale of solar power for projects to be commissioned up to December 2022

PETRONAS ramps up efforts to strengthen footprint in India

Malaysia’s national oil company, PETRONAS is accelerating efforts to strengthen its business footprint in India by providing more innovative, tailor-made solutions that add value to the country’s energy aspirations.

In October, subdued energy demand led to a decline in thermal generation

India Ratings and Research (Ind-Ra) has published the October 2019 edition of its credit news digest on India’s power sector. The report highlights the trends in the power sector, with a focus on capacity addition, generation, transmission, merchant power, deficit, regulatory changes and the recent rating actions.

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