Ministry of New & Renewable Energy today came out with a official notification extending the exemption for the BIS Certification for solar module manufacturers with upto 50MW annual production capacity. It benefits close to 100 Such module Manufacturers. On this Ocassion, NIMMA President Mr. Manish Gupta expressed joy and thank MNRE for their support to […]
Rooftop solar and Covid shutdown lead to record lows in Australian electricity use
Wholesale prices fall 45% to 48% lower than last year in all eastern states except Tasmania Australians’ embrace of rooftop solar panels and the Covid-19 shutdown in Victoria have combined to reduce the amount of power being drawn from the national grid, with several states setting record lows for daily large-scale electricity consumption. The drop […]
Power consumption grows 11.45 per cent to 55.37 billion units in first half of October
Thus, the extrapolation of half-month data gives sufficient indication that power consumption may witness year-on-year double digit growth this month, according to experts New Delhi: India’s power consumption grew 11.45 per cent to 55.37 billion units (BU) in the first half of October this year, mainly driven by buoyancy in industrial and commercial activities, as […]
Goa: Cabinet approves 4-month power bill relief for consumers
JERC issues tariff orders after admitting petitions and holding public hearings. The department has been filing tariff and aggregate revenue requirement (ARR) petitions before the JERC for every financial year Panaji: To reduce the burden on consumers in view of the pandemic, the state cabinet on Wednesday decided to give all categories of consumers a […]
Tenders for wind and solar projects continued in June despite Covid, shows report
Tender activity is expected to continue in July as well. After a long hiatus, a 2000 MW wind tender is expected to be issued this month by the Solar Energy Corporation of India (SECI), the renewable energy ministry’s nodal agency responsible for conducting auctions BENGALURU: About 618 MW of utility scale solar tenders and 225 […]
China Develops $26bn Ultra High Voltage Electrical Grids to Stimulate Economic Recovery
China identified its first COVID infection from Wuhan in Hubei Province in December 2019. In an attempt to curb the spread of the virus, China in January 2020 locked down Wuhan and other most affected cities and ordered mandatory closure of the factories and businesses. Leaving a huge impact on the industrial and service […]
IndiGrid Q4 results: Net profit doubles to Rs 99.7 crore
Revenues for the quarter increased to Rs 328.4 crore from Rs 170.5 crore in Q4 FY2019. Mumbai: IndiGrid, the country’s first InvIT in the power sector, on Wednesday reported an over two-fold increase in consolidated net profit for the March quarter at Rs 99.7 crore on the back of higher revenues. The company, which had […]
COVID Regulatory Package
Pursuant to the announcements made by the Governor of RBI on March 22, 2020, the RBI has issued 2 circulars to effect those announcements with respect to the COVID Regulatory Package. (i) Rescheduling of Payments – Term Loans and Working Capital Facilities All commercial banks (including regional rural banks, small finance banks and local area […]
ACME Solar cancels deal to supply power at record low tariff citing COVID uncertainty
ACME cited land acquisition delays, the coronavirus outbreak and its impact on suppliers of solar cells and modules in China and delay in setting up of transmission networks as reasons CHENNAI: India’s ACME Solar has cancelled a contract with state-run Solar Energy Corp of India (SECI) to supply power at the country’s lowest tariff due […]
Govt extends Central Electronics bid deadline to June 15
Govt extends Central Electronics bid deadline to June 15, 2020 Corrigendum for extension of last date of EOI for strategic disinvestment of CEL extended upto 15.06.2020 For more information please see below link: