PFC to raise Rs 70k cr, mulls portfolio rejig

New Delhi: State-run lender Power Finance Corporation plans to raise Rs 70,000 crore during the current financial year through various borrowing instruments as it plans to recast its portfolio by expanding in transmission and renewable energy projects.  “Our...

A Peek At India’s First EV Charging Station

Say hello to one of India’s first EV (electric vehicle) charging stations. It’s situated in Nagpur and is one of the four stations that charge Ola’s maiden electric fleet comprising of two hundred vehicles...

Japan greenlights nuclear deal with India

TOKYO — Japan’s ruling party on Wednesday pushed a nuclear cooperation deal with India through the upper house of parliament, clearing the way for Japanese exports of materials and technology to the South Asian...

Will India Really Go Green?

As soon as Donald Trump withdrew the U.S. from the Paris Agreement on climate change, eyes turned eastward. Even as the U.S. reneges on its promises, the argument now goes, China and India will...

2 new substations as power demand hits a new high

GURUGRAM: Power transmission company, Haryana Vidyut Prasaran Nigam Limited (HVPNL) has installed two 220/66 kV substations at Sector 33 and Sector 20 to ease the power system off the summer demand burden. The substations will augment the current...

Cabinet approves plan for IREDA to go public

The cabinet approved a plan on Wednesday to publicly list state-owned Indian Renewable Energy Development Agency (IREDA) to fund its ambitious renewable energy development programmes. India, one of the world’s largest greenhouse gas emitters,...

Solar energy boom turns to bust for Indian manufacturers

Some of India’s biggest solar equipment makers are facing financial collapse, priced out by Chinese competitors as Prime Minister Narendra Modi’s government prioritizes cheap power over local manufacturing despite his ‘Make in India’ push....