September - 2020

Power Minister dedicates CSR projects of NHPC, PFC.

Sep 18, 2020
2 min

Power Minister dedicates CSR projects of NHPC, PFC.

The projects include construction of PCC (plain cement concrete) road at 55 locations, community building and chabutras at three locations, apart from facilities like solar / LED / high mast lights, open gym, drainage system, Chhath ghat and library, among others New Delhi: Power Minister R K Singh on Wednesday dedicated various CSR projects of NHPC and PFC in Shahpur and Bihiya blocks of Bhojpur district in Bihar through video-conferencing. A total of 33 projects in Shahpur

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No plan to allow pvt sector in nuclear power, govt tells LS

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Sep 18, 2020
1 min

No plan to allow pvt sector in nuclear power, govt tells LS

The Centre also said that it had given administrative approval and financial sanction for building 12 nuclear power reactors in the country with an aggregate generation capacity of 9,000 MW Chennai: The central government on Wednesday told the Lok Sabha that it has no plan to allow non-governmental/private sector into nuclear power generation. The Centre also said that it had given administrative approval and financial sanction for building 12 nuclear power reactors in the co

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JV firm to support discoms for smart meters

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Sep 18, 2020
1 min

JV firm to support discoms for smart meters

The joint venture will see the participation of four public sector undertakings -- NTPC Limited, Power Grid Corporation, REC Limited, and Power Finance Corporation (PFC) New Delhi: The Union government has initiated the process to set up a new joint venture company with a capital outlay of Rs 2,000 crore to provide the necessary infrastructural facilities to power distribution companies for speedy installation of smart meters in the country. The joint venture will see the par

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India Power Corporation Ltd plans to expand operations

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Sep 18, 2020
2 min

India Power Corporation Ltd plans to expand operations

The company's focus on customer-centricity, especially during the pandemic, has paid rich dividends to its customers through a steady and stable power supply. India Power Corporation Ltd is planning to expand its power distribution operations to new locations, subject to necessary clearances and approvals. The company currently holds a distribution license for supplying power over 618 square kilometers in West Bengal's Asansol-Ranigunj region. It is one of the few Indian util

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EV components maker Entuple e-mobility to raise $3.5 million of equity capital

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Sep 18, 2020
2 min

EV components maker Entuple e-mobility to raise $3.5 million of equity capital

Explaining the rationale behind starting a company to supply components to a nascent and low-volume industry like electric vehicles, Mishra said that volumes will only take off when the cost of production for EVs goes down with higher localization. MUMBAI: Bangalore-based electric vehicle (EV) components maker Entuple E-mobility is in talks with several investors to raise $3-3.5 million (Rs 22-25 crore) of equity capital to fund further growth. The capital will be used to set

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LG Chem plans to separate battery business as electric cars take off

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Sep 18, 2020
2 min

LG Chem plans to separate battery business as electric cars take off

The move came after LG Chem swung to a profit in its car battery business in the latest quarter. It expects further profitability thanks to growing demand from European car makers and more sales of cylindrical batteries used in Tesla cars SEOUL: South Korea's LG Chem, an electric carbattery supplier for Tesla Inc and GM said on Thursday it plans to separate its battery business into a new company as the electric vehicle market takes off. The move came after LG Chem swung to a

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Rajasthan can lead in clean energy transition: IEEFA

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Sep 17, 2020
3 min

Rajasthan can lead in clean energy transition: IEEFA

"Rajasthan has a bright future as a renewable energy leader in India," report's author Kashish Shah, Research Analyst at the Institute for Energy Economics and Financial Analysis (IEEFA), told IANS New Delhi: As India looks to expand its renewable energy capacity, a new report from IEEFA on Thursday found that Rajasthan can play a key leadership role in the country's transition to a low-cost, low-emission, profitable electricity system. Rajasthan's installed renewable energy

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Coal India arm CCL plans to install 80 MWp ground-mounted solar power plant in FY21

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Sep 17, 2020
1 min

Coal India arm CCL plans to install 80 MWp ground-mounted solar power plant in FY21

"Apart from rooftop solar projects, CCL is in process of awarding work for 20 MWp solar power plant at Piparwar, which is expected to be installed in the current FY 2020-21," the company said in its recent report New Delhi: State-owned Coal India Ltd's arm Central Coalfields is planning to install 80 Megawatt peak (MWp) ground-mounted solar power plant in the ongoing fiscal year. Central Coalfields Ltd (CCL) said that action has also been taken for installation of solar plant

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Gujarat: Kutch powers up for world’s largest RE park

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Sep 17, 2020
1 min

Gujarat: Kutch powers up for world’s largest RE park

The Gujarat government has recently begun the process of allotment of about 50,000 hectares of land to various power producing companies for developing a mix of wind and solar projects Ahmedabad: Billed as the world’s largest renewable power generation project at a single location, the proposed hybrid park in Kutch is ready to take off. The park, with a total proposed capacity of about 28,000MW, will house the 10,000MW project of Adani Green Energy Ltd (AGEL), among others. A

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ABRAM

Sep 10, 2020
1 min

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Sep 10, 2020

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