Competition Commission dismisses complaint against Vestas Wind Tech India

The Competition Commission has dismissed a complaint alleging unfair business practices against wind turbine manufacturer Vestas Wind Technology India with regard to service conditions of the equipments supplied by the firm. In an order dated August 7, the fair trade regulator said no prima facie case of contravention of the provisions of either Section 3 […]

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Expert Committee has proposed a draft NESM with objective to strive for leadership in energy storage: RK Singh

R.K Singh Minister of State (I/C) for New and Renewable Energy and Power informed the Lok Sabha that In February 2018, an Expert Committee under the chairpersonship of Secretary, Ministry of New and Renewable Energy, with representatives from relevant Ministries, industry associations, research institutions and experts was constituted by the Ministry of New & Renewable […]

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Proposed Amendments in Tariff Policy

R.K Singh Union Minister for State (I/C) Power and New and Renewable Resources informed the Lok Sabha on Thursday that the Central Government in the proposed draft amendments to the National tariff policy, 2016 has included the provision for imposition of penalties on the Distribution companies for power cuts other than force majeure conditions or […]

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NITI Aayog, CII join hands for sustainable development

The NITI Aayog and the Confederation of Indian Industries (CII) on Wednesday announced a partnership to work towards meeting the Sustainable Development Goals (SDGs) of the country. Speaking at the Government and Business Partnership Conclave at the national capital, organised by the NITI Aayog, CII and the United Nations, the Minister of State for Power […]

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Around 150 acres of land allocated to develop energy storage facilities: Andhra CM

Andhra Pradesh Chief Minister Chandrababu Naidu said around 100-150 acres of land has been allocated to develop energy storage facilities in the state. The announcement came at the inauguration of the world’s first-ever high energy storage device developed by Bharat Energy storage technology (BEST) earlier in the day. Speaking on the occasion, Naidu said that […]

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Ind-Ra upgrades Mytrah Energy rating by 2 notches to ‘A-‘

Clean energy firm Mytrah Energy said today that Ind-Ra has upgraded its long-term credit rating by two notches from ‘BBB’ to ‘A-‘. It said that the short-term rating has also been upgraded from A3 to A2+. Mytrah Energy Vice-Chairman and MD Vikram Kailas said in a company statement: “This development reinforces the fact that we […]

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EDF Renewables and PGGM Sign Agreements on Wind and Solar Projects in US

EDF Renewables North America announced the signing of two Purchase and Sale Agreements (PSA) by which PGGM Infrastructure Fund will acquire a 50 percent ownership interest in the following projects: Glacier’s Edge Wind and Valentine Solar. Combined capacity of the projects is 332 megawatts (MW). Completion of the transaction is subject to regulatory approval and […]

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