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POWERGRID Signs Agreement to Acquire 74% Stake in Jaiprakash Power Ventures Limited

Power Grid Corporation of India Limited (POWERGRID), a Maharatna PSE under Ministry of Power, Government of India has signed a Share Purchase Agreement with Jaiprakash Power Ventures Limited (JPVL) to acquire 74% stake in Jaypee Powergrid Limited-JV (JPL) in which POWERGRID holds 26% equity. JPL will become a wholly owned subsidiary of POWERGRID following this […]

Dynamic Services & Security Limited to Acquire Bharat Battery MFG Co Private Limited for ₹45 Crore; Stock Hits Upper Circuit – EQ

Happy News: Power Minister RK Singh Decides to Amend the Rules of Restricting Net-Metering for Solar Rooftop Projects upto 10 KW

Power Minister RK Singh Decides to Amend the Rules of Restricting Net-Metering for Solar Rooftop Projects upto 10 KW Reply given by Hon’ble Power Minister in Parliament on question related to provision of net-metering in Electricity (Right to Consumers) Rules, 2020 received from MNRE through e-mail. It is expected that MoP will issue the deferment […]

Europe’s carbon border tax sparks a race for green power in India – EQ

MACHINE LEARNING TO DESIGN VIRTUALLY UNLIMITED SOLAR CELL EXPERIMENTS

Researchers at Osaka University are using ML to design and simulate molecules for organic solar cells. With the implementation of Machine Learning, technology is increasingly evolving and revolutionizing the environment. Machine learning (ML) and Artificial Intelligence (AI) may tend to be synonymous, but ML is an AI application that allows a program to understand automatically […]

A global solar transition could leave Africa in the shade -EQ

Saudi firm harnesses power from the sun

DUBAI: In the past decade, the world has witnessed a pressing need for a major transformation from conventional energy sources to renewables starting with planned efforts in limiting the global temperature from rising to 2.0ºC (3.6˚F) for the present century. A number of producer economies have recognized the need to diversify their energy production while […]

Construction of 5 solar parks underway across Iran -EQ

NHPC pays Rs 891 cr to govt as interim dividend for financial year 2020-21

The company further said it has recorded a net profit of Rs 2,829.16 crore for the nine months ended December 2020 State-owned hydropower giant NHPC on Friday said it has paid Rs 890.85 crore as an interim dividend to the Centre for the financial year ending March 31, 2021. NHPC Chairman and Managing Director A […]

Maharashtra No. 2 in cumulative rooftop solar installations in the country | Mumbai News – EQ

Delhi Budget: Govt allocates Rs 3,090 crore for its power subsidy scheme

New Delhi, Delhi residents will continue to avail subsidy on electricity as the Delhi government allocated Rs 3,090 crore for its Special Electricity Subsidy Scheme on Tuesday. Deputy Chief Minister Manish Sisodia announced a total of Rs 3,227 crore for the energy sector in the budget 2021-22. The Delhi consumers at present get “zero power […]

Maharashtra No. 2 in cumulative rooftop solar installations in the country | Mumbai News – EQ

Power Grid Corporation acquires Ramgarh New Transmission Ltd

  The entity was acquired for an aggregate value of about Rs 5.61 crore including 50,000 equity shares at par at Rs 10 each along with assets and liabilities of the Company as on the acquisition Date New Delhi: State-run Power Grid Corporation on Tuesday said it has acquired Ramgarh New Transmission Limited (RNTL), which […]

Maharashtra No. 2 in cumulative rooftop solar installations in the country | Mumbai News – EQ