Snam Expands Energy Efficiency Portfolio; Completes Acquisition of 70% Stake in Mieci, Evolve

Italian energy infrastructure company Snam, through its wholly-owned subsidiary Snam4Efficiency, has completed the acquisition of 70 per cent stake in Mieci...

Investment & Trading | October 06, 2020 | By Manu Tayal |  2796 readings

IEX Electricity Market Trades 5675 MU in Sept’20 Registering 45% Increase

The electricity market at the Indian Energy Exchange traded a volume of 5675 MU in September’20 seeing a significant 45 per cent YoY increase while the...

Investment & Trading | October 05, 2020 | By Manu Tayal |  2227 readings

CBDT Exempts Power Trading via Online Exchanges from TDS, TCS

In a significant move, the Central Board of Direct Taxes of India (CBDT) has exempted power trading transactions through online exchanges from the newly imposed...

Investment & Trading | October 01, 2020 | By Manu Tayal |  2530 readings

Canadian Govt to Invest $1.1Mn in Solar Projects Installation in Lumsden

With an aim to ramp up its efforts towards renewable energy initiatives, the Government of Canada will be investing about $1.1 million for installing solar...

Investment & Trading | August 25, 2020 | By Manu Tayal |  2274 readings

Amplus Becomes 1st Solar Generator to Sell Power at IEX’s Latest GTAM

Days after the launch of India’s first ever Green Term-Ahead Market (GTAM) introduced by the Indian Energy Exchange (IEX), Gurugram-headquartered Amplus...

Investment & Trading | August 22, 2020 | By Manu Tayal |  2534 readings

Cabinet Okays One-Time Relaxation for PFC, REC to Lend to Discoms under UDAY

The Cabinet Committee on Economic Affairs has approved a one-time relaxation to lenders Power Finance Corporation (PFC) and Rural Electrification Corporation...

Investment & Trading | August 20, 2020 | By Manu Tayal |  2826 readings

Duke Energy closes $109.4 million funding from Goldman Sachs

Duke Energy Renewables, the renewables arm of Duke Energy, has closed USD 109.4 million in a preferred tax equity funding from investment banker Goldman Sachs'...

Investment & Trading | August 20, 2020 | By Manu Tayal |  2451 readings

Single Power Price Discovery via Market Coupling will Create Thriving Competition: PXIL

Competitive marketplace will thrive under a single price discovery of electricity traded in two or more exchanges by a mechanism of market coupling, believes...

Investment & Trading | August 18, 2020 | By Manu Tayal |  2468 readings

PXIL Emphasized on Key Power Market Regulatory Reforms, Insights

The rapidly changing framework of the entire power sector demonstrates the key role that power markets have to play. The underlying need for competition in...

Investment & Trading | August 15, 2020 | By Manu Tayal |  2693 readings

PTC India PAT up 7% to Rs 100 Cr in June Quarter

Power trading solutions provider PTC India has reported an increase of nearly 7 per cent in its consolidated net profit after Tax (PAT) at Rs 100.06 crore for...

Investment & Trading | August 13, 2020 | By Manu Tayal |  2424 readings