The plan is part of Biden’s broader effort to rapidly transition the U.S. economy to net zero greenhouse gas emissions to fight climate change. New Delhi: The administration of U.S. President Joe Biden said on Monday that it has set a goal to vastly expand the nation’s offshore wind energy capacity in the coming decade […]
Delhi Cabinet approves proposal to engage 300 fully electric air-conditioned buses
New Delhi: The Delhi Cabinet on Friday approved a proposal to engage 300 low-floor fully electric air-conditioned buses by the transport corporation under the ‘Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India (FAME) Phase-II’ scheme. According to officials, the initial tender called by the Delhi Transport Corporation (DTC) in October 2019 was […]
Eaton acquires Green Motion SA to expand EV charging capabilities
Eaton expects significant growth in the area of electric vehicle charging infrastructure over the next decade. New Delhi: Power management company Eaton announced that it has acquired the Switzerland-based Green Motion SA, a designer and manufacturer of electric vehicle charging hardware and related software. Uday Yadav, president and chief operating officer, electrical sector, Eaton, said, […]
JSW Energy arm plans to raise $750 million via green bonds
Funds up to $750 million will be raised through issuance of non-convertible, senior, secured, fixed rate green bonds in the international markets, subject to market conditions and receipt of necessary approvals by JSWHEL. NEW DELHI: JSW Energy on Friday said its board has approved a proposal for issuance of green bonds by its arm for […]
Renewables to occupy 50% installed capacity by FY27
The country’s current installed generation capacity is around 3,79,000 MW. Of this coal based capacity is roughly over 2,05,000 MW while renewables is around 1,30,000 MW. New Delhi: Coal based power plants would remain the major contributors to India’s energy needs over the medium term, but the composition is set to witness a major change […]
Power Grid Corp acquires transmission company in Rajasthan
BBTL is the project SPV to establish transmission system strengthening scheme for evacuation of power from solar energy zones in Rajasthan New Delhi: State-owned Power Grid Corporation on Thursday said it has acquired Bikaner-II Bhiwadi Transco Ltd (BBTL) which would implement a power transmission project. “Power Grid Corporation of India Ltd, pursuant to its selection […]
Reduction in Contract Performance Guarantee for TBCB
Reduction in Contract Performance Guarantee for Tariff Based Competitive Bidding (TBCB) transmission projects in line with Department of Expenditure’s OM. Please find more information on below link.
Tata Power-DDL partners with SUN Mobility to set up a network of Swap Points™ in New Delhi
New Delhi: Tata Power-DDL, India’s leading power distribution utility serving a populace of 7 million in Delhi, announced today its partnership with SUN Mobility, a leading provider of an energy infrastructure platform and services for electric vehicles (EVs), to set up a network of Battery Swap Points™ across North and North-West Delhi. In collaboration with […]
Acme eyes green hydrogen biz in Oman
An MoU has been signed to set up a large-scale facility that will produce 2,200 million tonnes of green ammonia per day NEW DELHI : India’s largest pure-play solar platform Acme Solar Holdings Ltd plan to invest $2.5 billion to manufacture green ammonia and green hydrogen in Oman. This manufacturing facility will be in Duqm, […]
Delhi govt gets farmers consent for solar project on agricultural land
New Delhi: The Delhi government is all set to roll out its mega solar project in 225 acre of agriculture land aiming to enhance the capital’s power production and contribute to the income of farmers. The solar project, which was announced in 2018 under ‘Mukhyamantri Kisan Aay badhotri Yojna’ was expected to start in 2020,but […]