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UPNEDA Moves To Initiate 106 MW Solar Plants Under PM KUSUM

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has issued a tender inviting bids for 106 MW of solar plants under the PM KUSUM scheme. The scheme, while primarily focused on solar pumps initially, was expanded later to include solar plants too. The tender invites bids for plant sizes ranging from 0.5 MW […]Read More

Power Grid Raises Rs 2736 Crore Through its PGInvIT

Power Grid has received Rs 2,736.02 crore through the sale of 27.41 crore units in the PGInvIT OFS which was created to monetise its assets.Read More

Power Consumption up Nearly 20 Percent in May

Power consumption in the country grew by nearly 20 percent in the first fortnight of May to 51.67 BU over the same period last year.Read More

India launches anti-dumping probe for solar cells from China, Thailand and Vietnam

The Directorate General of Trade Remedies (DGTR) under the commerce ministry stated the Indian manufacturers provided sufficient evidence to warrant the initiation of an investigation into the alleged dumping of solar cells. The investigation will aim to determine the existence, degree and effect of the dumping and recommend an amount of anti-dumping duty to offset the material injury to domestic manufacturers.Read More

ADB to Discontinue Financing Coal Projects

The Asian Development Bank (ADB), under its draft energy policy, has announced that it will discontinue financing any new coal-fired...Read More

Indian Energy Exchange Revenues Up by 20% YoY in FY 2021

The Indian Energy Exchanges (IEX) revenue in financial year (FY) 2021 was up by nearly 20% and stood at ?3.56 billion (~$48.48 million)Read More