State-owned Energy Efficiency Services Limited’s (EESL) move to electrify government employees’ car fleet has fallen short of its ambitions with the company set to close its tender for 10,000 electric cars at the end of March 2020 with an expected procurement of only 3,000 such vehicles.
For the third consecutive month, thermal power generation recorded a 19% year-on-year decline in October. Although demand typically cools during the slack monsoon season, long-term generation trends are not encouraging either.
Cummins India guided for a 8-10% growth in FY19 on expectations of strong sales, but the Street is not convinced as the company’s shares have fallen 4% since its Q4 results were announced
There are two main reasons that companies contract to buy green power: it is cheaper and cleaner. The first reason is the dominant one for commercial and industrial (C&I) power consumers in India, who see their power bill being slashed as they opt for cleaner solar and wind power.
Among the world’s major economies, India seems the most serious about doing its bit to contain climate change. So suggests a report released by Climate Transparency, a global non-government organization.
Power and New & Renewable Energy Minister R K Singh exuded confidence that India will have over 200 GW of renewable energy capacity by 2022. India has set an ambitious target of having 175 GW of renewable energy capacity by 2022.
Tata Power announced after trading hours on Monday, 11 November 2019, that its wholly owned subsidiary, Tata Power Renewable Energy (TPREL), has received a Letter of Award (LoA) from Gujarat Urja Vikas Nigam (GUVNL) on 7 November 2019 to develop a 50 megawatts (MW) solar project in Dholera Solar Park in Gujarat.
The United Nations is very appreciative of India’s gift of solar panels to it, a spokesperson for the Secretary General has said, amid suggestions that their energy can be used to run escalators in the world body’s headquarters that have been partially shut as part of austerity measures implemented due to a severe liquidity crisis at the organisation.
The Delhi government Monday termed as “illegal” the Delhi Metro’s decision to approach the Centre, for “legal opinion” on the Delhi government’s proposal to nominate AAP functionaries Atishi, Raghav Chadha, Jasmine Shah and Rajya Sabha MP N D Gupta’s son Naveen Gupta
India has taken “incredible strides” in creating the greenest version of the energy grid and it must now push the envelope and think bigger, power secretary Sanjiv Nandan Sahai said today.