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Monetisation route is value-accretive, says PGCIL Chairman & MD K Sreekant

Power Grid Chairman & MD K Sreekant tells Shreya Jai and Jyoti Mukul that transmission assets are better placed than road and real estate InvITs

Ventilator shortage: 'Make in India' devices not picked up by govt

Many facilities stopped production because govt did not procure the ventilators it had ordered last year

IEX expands beyond India with launch of cross-border electricity trade

NTPC arm gets approval for Nepal's participation in Cross Border Electricity Trade

ReNew Power's subsidiaries list $585 million FCBs on India INX

The 7.25 bonds have been assigned ratings of BB- (Positive Outlook) by Fitch and Ba3 by Moody's investor services and are priced competitively at 4.5%

Syska to distribute LED bulbs in rural areas for Rs 10 under Gram Ujala

Both Syska and CESL will share half the cost and the revenue arising from the sale of carbon credits

Amplus Solar buys rooftop solar assets of Sterling & Wilson totaling 7.2 Mw

Deal value not revealed; The 17 acquired projects supply 13 leading industrial, commercial, and institutional customers

Carbon emissions: ReNew Power set to become a Net Zero company by 2050

The company said this aligns with the 'Race To Zero' campaign, a global alliance committed to achieving net zero carbon emissions

BASIC nations bat for finances from developed world to fight climate change

The 30th session of the ministerial committee was held on Thursday which was headed by Union Minister Prakash Javadekar

Cabinet okays Solar Manufacturing Scheme for 10,000 Mw capacity under PLI

Under PLI, Cabinet in Nov 2020 had okayed Rs 4,500 cr for manufacturing High Efficiency Solar PV Modules. MNRE later proposed a 'National Programme on High efficiency solar PV modules' for the same

Discoms, state govts bet on storage technology to stabilise power supply

TPDDL, in 2019, joined hands with AES and Mitsubishi to set up a 10 Mw grid storage project at its Rohini sub-station

Radiance Renewables buys Azure's solar rooftop assets for Rs 536 cr

This is one of the largest acquisitions of rooftop solar assets in India, the company said

Rs 75,000 cr disbursement to discoms under special liquidity scheme

Under the scheme, govt-owned lenders PFC and REC extended special one time loan to discoms to clear their due to the power generating companies

Covid impact: India enters FY22 with power demand at mid-2019 level

Monthly demand has, nonetheless, shown considerable improvement over peak lockdown months, mostly on the back of thermal power

Rich nations can't force Net Zero emission target on others: R K Singh

Developed world has occupied 80 per cent of the carbon space already, says union minister

Ken-Betwa linking project: For want of water, a river may be lost

Estimated to cost Rs 35,000 cr, the link will transfer surplus water from the river basin of the Ken to that of the Betwa

Govt launches auctions for second tranche of commercial coal mining

In the upcoming auction, 67 coal blocks will be offered

ReNew commissions 300-Mw wind power project in Kutch district of Gujarat

ReNew's total wind energy capacity in Gujarat increased to 950 Mw

Solar project companies queue up to cash in on pre-duty benefits

For a project bid in March, import of panels would take place between June and July 2021

Edelweiss Infra Yield Plus acquires Indian solar assets of France's Engie

Engie has close to 2GW of solar assets in India; Edelweiss Group has one of the country's largest Alternatives Platform.

IndiGrid to raise equity via rights issue, use funds for expansion

County's first listed infrastructure investment trust aims to acquire Rs 8,000 crore worth of assets: CEO