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Solar Firms Line Up IPOs Amid Make in India Push

MUMBAI : Vikram Solar Ltd and Waaree Energies Ltd have hired investment banks for their respective initial public offerings (IPOs), three people aware of the matter said, as the solar panel makers aim to expand business riding the drive for local manufacturing. The two companies are looking to raise around ₹1,500 crore each, the people […]

CESL Issues First-Of-Its-Kind Tender For Procurement of 1 Lakh Electric Three-Wheelers

• Invites proposals from OEMs for procurement of electric-three wheelers as per FAME II guidelines • Vehicles will be deployed by CESL for different use-cases across the country • Focus is on garbage disposal, passenger autos and livelihood generation State owned Convergence Energy Services Limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited […]

Power Generation Capacity

Power Generation Capacity As on 30.06.2021, the Installed Generation Capacity is 384115.94 MW comprising of 234058.22 MW of Thermal, 46322.22 MW of Hydro, 96955.51 MW of Renewable Energy Sources (RES) and 6780 MW of Nuclear. The details of the future generation capacity plans and targets for clean power are as under: (i) Conventional power generation […]

Steps to Reduce Cost of Power Generation

Government of India have taken the following steps to reduce the cost of power generation and resultant reduction in cost of electricity to consumers: (i) The Government in May, 2016 allowed flexibility in utilization of domestic coal by State/Central Gencos amongst their generating stations to reduce the cost of power generation by allocating more coal […]