News

NTPC delivers electrifying performance in FY21

NTPC, a CPSE under Ministry of Power recorded its highest ever group generation of 314 BU in FY 21, a growth of 8.2% compared to previous year. On a standalone basis, NTPC generated 270.9 BU in FY21, an increase of 4.3% over the previous year. NTPC group recorded highest ever single day generation of 1192.42 MU (Group) & 990.65 MU (NTPC). The coal plants registered a PL...

PFC pays interim dividend of Rs 1182.63 crore to Government of India for the financial year 2020-21

Power Finance Corporation, a Navratna Central Public Sector Enterprise under Ministry of Power  and India’s leading NBFC for the Power Sector has paid an interim dividend of Rs 1182.63 crore to Government of India for the financial year 2020-21 on March 31st, 2021 on 1,47,82,91,778 number of equity shares (56%) held by the government.

News Source : PIB

Magenta installs India’s First EV charging solution – ChargeGrid Prisma dedicated for Residential Complexes

Magenta which has been developing unique EV charging solution under their “ChargeGrid” brand comes up with another unique solution, this time for large residential complexes under their product range – ChargeGrid Prisma.

This solution is developed specifically at solving the complex and multi-faceted problems for EV charging at residential societies w...

Imports to Taper Off on Elevated Prices: India Ratings

India Ratings and Research (Ind-Ra) has published the February 2021 edition of its credit news digest on India’s coal sector. The report highlights the demand-supply scenario, price trends, imports in both India and China, encompassing non-coking coal and coking coal, while also evaluating at the impact of end-user industries on India’s coal sector. The report also covers...

LONGi Graded as the Only AAA-Rated Module Supplier in Q1 2021 PV ModuleTech Bankability Ratings

PV-Tech and Solar Media Research recently released the 2021-Q1 PV ModuleTech Bankability Quarterly Ratings Report which revealed LONGi Solar maintaining its position as the sole manufacturer in the top-tier position, continuing to be the only AAA-rated company among module manufacturers, the highest grade achievable.

Petroleum Minister Shri Dharmendra Pradhan and the New US Secretary of Energy H.E. Jennifer Granholm agreed to Revamp India-US Strategic Energy Partnership

Minister of Petroleum and Natural Gas &Steel Shri Dharmendra Pradhan today held an introductory meeting virtually with US Secretary of Energy H.E. Jennifer Granholm. Minister Pradhan congratulated Secretary Granholm on assuming the high office and reviewed the India-US Strategic Energy Cooperation (SEP). Both leaders agreed to revamp the India-US SEP to reflect the new priorities...

Fluentgrid UOC on cloud, for UPPCL, won ISGF Innovation Award 2021

Uttar Pradesh Power Corporation Limited (UPPCL) won the ISGF Innovation Award 2021 in the Category – “Adoption of Emerging Technology by a Utility” for the Utility Operations Centre (UOC) solution implemented by Fluentgrid. The award was handed over to UPPCL on 5th March at the ISUW 2021 event hosted by the India Smart Grid Forum (ISGF).

The integrate...

MoU signed towards execution of planned actions in time bound manner in 132 cities under National Clean Air Programme(NCAP)

In the presence of Minister of Environment, Forest and Climate Change, Shri Prakash Javadekar the Memorandum of Understanding (MoU) was signed today by representatives of State Pollution Control Boards, Urban Local Bodies and Institutes of Repute for 132 identified cities for implementation of city specific action plans under National Clean Air Programme (NCAP).

All-India Energy Demand to be Higher Year-on-year in 4QFY21: India Ratings

India Ratings and Research (Ind-Ra) has published the March 2021 edition of its credit news digest on India’s power sector. The report highlights the trends in the power sector, with a focus on capacity addition, generation, transmission, merchant power, deficit, regulatory changes and the recent rating actions by Ind-Ra.

Measures to Achieve Energy Transition Towards Clean Energy

Government of India has set a target for installing 175 GW of Renewable Energy capacity (excluding large hydro) by the end of 2021-22 which includes 100 GW from solar, 60 GW from wind, 10 GW from Biomass and 5 GW from Small Hydro.

 In order to be...