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SECI Invites Expression of Interest to Purchase Power

“The objective of blending is to make firm power available round the clock in order to meet the requirements of various distribution companies, commercial...

Business | January 06, 2020 | By Darshana Daga | 2180 readings

India Offers 75 Million Line of Credit to Finance Solar Parks in Cube

India has extended a line of credit of USD 75 million (over Rs 500 crore) to Cuba for financing solar parks.An agreement signed between Export-Import Bank of...

Business | January 04, 2020 | By Darshana Daga | 2388 readings

Indian Oil Corporation Forays into Solar Power Sector

The executive director (in-charge), Maharashtra and Goa state office, Murali Srinivisan, recently said the company will also rollout CNG stations in the state....

Business | January 04, 2020 | By Darshana Daga | 2770 readings

IEX Electricity Market Trades 4,768 MU in December’19 Observing 51% YoY and 25% MoM Increase

The increase in traded volumes on the Exchange was largely due to surge in demand from the northern states as well as the Southern States. The northern states...

Business | January 03, 2020 | By News Bureau | 2566 readings

Eden, Adani to Capitalize Rs 2,072 Crore in Renewable Power Projects in Rajasthan

As per the proposals, Eden Renewables will set up a 300 MW solar energy project with an investment of Rs 1,572 crore in the 3716 bighas. Likewise, Adani Group...

Business | January 03, 2020 | By News Bureau | 2591 readings

Hyundai Plans 44 Electrified Vehicles by 2025, 11 Battery EVs

There will be 13 hybrid cars, 6 plug-in hybrids and two fuel cell electric vehicles as well. The BEV lineup will increase to 23 cars by 2025, from 2019’s...

Business | January 03, 2020 | By News Bureau | 2195 readings

JSW Energy Inks Pact with Jaiprakash Power Ventures to Streamline Debt

Under key terms of the agreement, an amount of Rs 351.77 crore will be transformed into equity shares of JPVL at a par value of Rs 10 each, according to an...

Business | January 03, 2020 | By News Bureau | 2516 readings

Quest Global to Demonstrate Enhanced Driver & Vehicle Safety Using Deep Learning at CES 2020

The deep learning models developed by QuEST Global aim to enhance ADAS by improving the accuracy in detection of traffic signs, pedestrians and traffic

Business | January 02, 2020 | By News Bureau | 2215 readings

ASEAN Turning to Renewable Energy Hub: KPMG Report

Each of ASEAN’s 10 members has set targets for renewable energy, and technological innovations such as better solar power efficiency and floating solar...

Business | January 02, 2020 | By News Bureau | 2633 readings

Sunnova Energy Concludes $150 Million in Financing

The Equipment Facility will provide just over USD 95 million of debt availability, all of which will be drawn by year-end 2019 to fund equipment purchases,...

Business | January 02, 2020 | By News Bureau | 2992 readings