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Power Ministry writes to States/UTs extending Rs 90,000 crore DISCOM package
The funding would be done in two tranches of Rs. 45,000 crore each.
Busworld India rescheduled to October 2020
With global trade and travel restrictions in the current situation, Busworld International CVBA and Messe Frankfurt India have jointly announced the postponement of Busworld India. Originally scheduled to be held in August 2020 at the Bangalore International Exhibition Centre (BIEC) in Bengaluru, the trade fair will now take place from October 6-8, 2020 at the same venue.
Chaturvedi assumes charge as MNRE Secretary
Indu Shekhar Chaturvedi (IAS) succeeded Anand Kumar in the Ministry who is now Secretary, Ministry of Culture.
NHPC raises Rs 750 crore at coupon of 6.80% p.a.
NHPC Limited (a govt of India enterprise under Ministry of Power) has raised Rs 750 crore through private placement of bonds at very competitive interest rate of 6.80% p.a. for a loan tenure of 10 years. The company has said that the issue structure consists of base size of Rs 500 crore with Green Shoe […]
AleaSoft collaborates with PGCIL for solar energy forecasting
AleaSoft offers to Power Grid generation forecasting for wind and solar power stations in the short term, including forecasts for next week, next days and next hours, with several granularities.
Power Finance Corporation contributes Rs 200 crore in fight against Covid-19
The amount would be part of Rs 925 crore, which is committed collectively by all public sector units under Ministry of Power and Ministry of New & Renewable Energy.
SJVN to contribute Rs 5 crore to PM CARES Fund
Last year, the state-owned hydroelectric power generator entered into an MoU with Bharat Heavy Electricals Limited for development of solar power projects in India.
Power minister launches new website of Ministry of New and Renewable Energy
The new website is more informative, interactive and user-friendly including for persons with visual disabilities.
All-India energy demand increased after declining YoY for five consecutive months: India Ratings
In January 2020, all-India energy demand increased 3.5% yoy to 105.3 billion units, after declining for five consecutive months on a yoy basis. All-India energy supply also increased 3.6% yoy in January 2020, resulting in the energy deficit remaining at 0.5%.
US-India Strategic Partnership Forum hosts Strategic and Business Dialogue during President Trump’s visit to India
Both sides reviewed the progress of the US-India Strategic Energy Partnership and emphasized the centrality of industry in expanding energy access and security between our economies. Energy-related trade between the countries touched $8 billion in 2019 and is expected to increase by 20% in 2020.
