ADB extends $175 million loan to India’s PGCIL

The Asian Development Bank (ADB) has approved a $175 million loan to the Power Grid Corporation of India Limited (PGCIL) to upgrade the country’s solar power transmission network. The new funding will help improve...

Mizoram becomes 27th State to join UDAY

The Government of India and the State of Mizoram signed a Memorandum of Understanding (MOU) under the scheme Ujwal DISCOM Assurance Yojana (UDAY) today for operational improvement of the State’s Power Distribution Department. With...

CESC drops extra deposit for new ACs

Kolkata: This summer, when you buy an air-conditioner, you wouldn’t have to top up your security deposit with CESC. The power utility has done away with the additional security deposit it used to charge...

Textile units to be solar powered soon

KOLHAPUR: The state plans to design a scheme to develop solar projects to supply electricity to the textile sector at the lowest possible cost. Subhash Deshmukh, minister of textiles, made the announcement at Ichalkaranjion...

Coal gencos face Rs 2.4 lakh crore bill

Coal-based thermal plants in the country may have to spend a massive Rs 2.4 lakh crore over the next two years for the technical upgrades to meet the stringent and ambitious emission norms notified...

Azure Power: Early-Stage Investor Resigns from Board

Azure Power (AZRE), a leading solar power producer in India, announced that early-stage investor and Board member, William “Bill” Elmore of Foundation Capital, resigned from the company’s Board of Directors today, which is the...