Renewable Energy
Vedanta to source 580 MW of renewable energy for pan-India operations
- Apr 1, 2022
The board of Vedanta Ltd has approved plans for the Vedanta Group to source 580 mw of renewable energy for its operations across India. Vedanta Ltd has signed a Power Delivery Agreement (PDA) with special purpose vehicles (SPVs) i.e. Read more
Renewable energy has witnessed stability, despite global challenges: Vector Green Energy
- Mar 28, 2022
A renewable energy-focused independent power producer, Vector Green Energy today has an operational portfolio of over 650 mw, in addition to a long pipeline of under-construction and investment-ready projects. In this Read more
Strong demand prospects for RE projects in C&I segment, says ICRA
- Mar 22, 2022
ICRA expects the demand prospects for RE capacity addition by commercial & industrial (C&I) segment to remain solid, given the improved tariff competitiveness and strong sustainability/green initiatives by C&I players to meet their energy requirements through renewables, going Read more
Major concessions for green hydrogen producers under new policy
- Feb 18, 2022
The Union ministry of power, on February 17, 2022, notified an important policy granting several facilities and concessions to producers of green hydrogen and green ammonia using renewable energy sources. The policy has the following provisions: Green hydrogen/ammonia manufacturers Read more
Godrej & Boyce wins Rs.550-crore power transmission orders
- Feb 8, 2022
Godrej & Boyce Mfg Co Ltd announced that its Power Infrastructure & Renewable Energy (PIRE) business has secured orders worth over Rs.550 crore in the power transmission segment. The orders, all from the domestic market, involve greenfield development of Read more
ICRA estimates 16 GW of renewable energy capacity in FY23
- Jan 10, 2022
The outlook for the capacity addition in the renewable energy (RE) sector remains strong with a large project pipeline of over 55 GW and the highly competitive tariffs offered by these projects, notes credit rating agency ICRA in Read more
Animesh Damani, Managing Partner, Artha Energy Resources
- Dec 24, 2021
"The rooftop solar sector has suffered the most significant CY 2021 due to the proposal to limit net metering. The so-called “right of consumers acts 2021” has worked against consumers by reducing the earlier cap of 1 MW to Read more
Power Exchange India launches Integrated Day Ahead Spot market
- Dec 20, 2021
Power Exchange India Ltd (PXIL) has launched the “Integrated Day Ahead Spot market (I-DAS)”, a collective transaction that integrates transactions for Renewable Energy (RE) along with Conventional energy. In a release, PXIL said that I-DAS offers market participants the Read more
IEX completes one year of green market, trades 2.7 BU of renewable energy
- Aug 23, 2021
During its first year of operations, Indian Energy Exchange (IEX) traded 2744 MU of renewable energy, a release from IEX said. The first anniversary of IEX’s green market fell on August 21, 2021. In a release, Read more
Rajiv Ranjan Mishra, Managing Director, CLP India
- Aug 13, 2021
“Congratulations to the country on crossing 100 GW of renewable energy capacity. This certifies our position as one of the leaders in the Energy Transition of the World. This is also a testament to the power of big Read more