Maintaining liquidity buffers will be key for companies’ credit profiles. New Delhi: Moody’s Investors Service has changed its outlook for the Indian power sector to negative from stable on declining power demand, payment delays and an adverse impact from government measures that favor consumers over utility companies. The report dated May 15, however, is silent […]
Panasonic’s India arm eyes Rs 500 cr revenue from solar business in 3-4 years
Japan-based Panasonic Corporation’s Indian subsidiary Panasonic Life Solutions is eyeing Rs 500 crore revenues from its solar business in the next 3-4 years, with focus to become a leading rooftop EPC player. Panasonic Life Solutions India, earlier known as Anchor Electricals, is also looking to expand its electric vehicle charging offerings across the country. […]
Indian government gifted two electric vehicles to Pashupathi Temple Trust
Indian government gifted two electric vehicles to Pashupathi temple trust. Those two electric vehicles are manufactured by India’s Gayam Motor Works. This gesture by the government will be another milestone in strengthening cultural and religious ties between people of India and Nepal and bringing people of the two countries closer. Those two electric vehicles are manufactured […]
Indian Student Gives World Secret To Clean Energy Future With Trick To Mass Produce Bioethanol
Bioethanol is a product considered by many to be the fuel of the future. A biofuel made by fermenting various plant sugars, it’s main advantage is that it’s more eco-friendly. And it seems one Master’s student from India is an expert on its production. Saurabh Singh from Lovely Professional University (LPU) was representing India at […]
Trina Solar To Hit 4GW Milestone In Indian Market
Trina Solar is seeing strong momentum in India’s commercial and industrial (C&I) segment as it approaches its 4GW of installed capacity milestone there. Gaurav Mathur, Trina Solar India director, says the 4GW milestone will likely be reached in the next few months and is testament to the strong relationships Trina Solar’s sales team has developed […]
Acquisition Activity In Indian Renewable Energy Market Heats Up
Leading renewable energy generation companies are aggressively looking to expand their portfolios through inorganic means as minor players look to exit power plants in the face of increasing competition and unviable growth prospects. According to different media reports, renewable energy generators Mahindra Susten and government-owned power trading company PTC India are looking to sell their […]
Indian, foreign developers keen on India’s first offshore wind power project
AHMEDABAD: The Union Ministry of New and Renewable Energy (MNRE) and Government of Gujarat (GoG) are jointly managing the country’s first offshore wind power project, which is set to come up off the Gujarat coastline. Soon after MNRE called for ‘Expression of Interest’ (EoI) for the 1,000 megawatt (MW) project, some 35 national as well […]