Modi loosens the purse strings to help struggling state utilities
Covid-19 hits to demand and bill payment collection have worsened the plight of the nation’s already debt-crippled power distribution companies, prompting the government to order an exceptional relaxation of lending limits.
PFC to fund IIT- Kanpur R&D in smart grid technology
State-owned Power Finance Corporation will provide Rs 2.38-crore financial assistance to the Indian Institute of Technology-Kanpur to develop infrastructure for R & D in smart grid technology.
Uttar Pradesh to become solar hub with 6 GW planned in Bundelkhand
The state is also reportedly set to this year unveil ‘Asia’s largest floating solar plant’, in the shape of the 150 MW Rihand Dam installation.
EESL, Noida Authority sign agreement on EV charging infrastructure
Noida Authority has selected Energy Efficiency Services Limited to deploy public charging stations under the second phase of the FAME India Scheme. A total of 162 public EV charging stations comprising 108 122kW fast chargers and 54 Bharat DC001 (15kW) are to be installed in the city.
Uttar Pradesh set for 2 GW ‘ultra-mega’ renewable energy park
The state cabinet has approved a 74:26 joint venture proposal by publicly-owned hydropower company THDC India and the Uttar Pradesh New and Renewable Energy Development Agency for the ambitious project.
India’s electric vehicle component market to grow 22% per year for a decade
The market will be driven by shared-mobility electric car deployment and will see annual growth of up to 61.7% for battery management systems.
Amid Covid lockdown, Amplus Solar helps local villagers in Mirzapur
The developer reached out to the families in need by providing them ration as the situation worsened for the local community in the vicinity of a 75 MWp Open Access solar park owned by it in Uttar Pradesh.
L&T bags 500 MW solar EPC contracts
Larsen & Toubro has secured EPC orders totaling 500 MW grid-connected solar capacity, in addition to significant contracts in India and overseas for power transmission and distribution.
European investor ThomasLloyd, SolarArise launch 75 MWp solar project in Uttar Pradesh
The project—requiring investment of 34.9 million euros—will be built by EPC contractor Jakson with modules supplied from JA Solar.
BHEL wins electric bus order for Uttar Pradesh
The entire cost of charging infrastructure for these electric buses—including cost of charging equipment and installation—shall also be borne by Bharat Heavy Electricals Limited.
