Home Tag "renewable"

COVID-19: No impact on operating projects; expect up to Rs 13,000-mn revenue in FY20, says Azure Power

The firm added that they are comfortable with their revenue and operating megawatt guidance for FY20 and FY21 New Delhi: Azure Power Global, a New Delhi-based independent solar power producer, has recently said that their operating projects have not been impacted due to the COVID-19 pandemic. The New York Stock Exchange-listed firm added that they […]

IREDA to handle CPSU Scheme on behalf of MNRE

The amended clause also added that all issues regarding time-extension and dispute resolution on force majeure events will also be dealt by IREDA New Delhi: The Ministry of New and Renewable Energy (MNRE) has appointed the Indian Renewable Energy Development Agency Limited (IREDA) as the implementing agency to handle the Central Public Sector Undertaking (CPSU) […]

REC board okays incorporation of 7 SPVs to facilitate evacuation of renewable energy

The board of directors of REC Ltd in its meeting held on March 25, 2020, inter-alia approved the proposal for incorporation of seven project specific special purpose vehicles (SPVs) as wholly-owned subsidiaries of REC Transmission Projects Company Ltd New Delhi: State-owned shadow banking firm REC Ltd on Wednesday said its board has approved a proposal […]