Author: Rakesh Ranjan Parashar

About Rakesh Ranjan Parashar

Rakesh Ranjan, Staff reporter at Mercom India More articles from Rakesh Ranjan.
Rakesh Ranjan is a staff reporter at Mercom India. Prior to joining Mercom, he worked in many roles as a business correspondent, assistant editor, senior content writer, and sub-editor with bcfocus.com, CIOReview/Silicon India, Verbinden Communication, and Bangalore Bias. Rakesh holds a Bachelor’s degree in English from Indira Gandhi National Open University (IGNOU). More articles from Rakesh Ranjan.
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Transmission Utility POWERGRID to Raise ₹6 Billion Through Bonds

The Power Grid Corporation of India (POWERGRID) said it would raise unsecured, non-convertible, non-cumulative, redeemable, and taxable bonds worth ₹6 billion (~$72.86...

March 27, 2023

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Rakesh Ranjan

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Grid

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T&D
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Madhya Pradesh Invites Bids for the Purchase of 97,000 RECs

Madhya Pradesh Industrial Development Corporation (MPIDC), Indore, has invited bids for the purchase of 97,000 renewable energy certificates (RECs) through power...

March 27, 2023

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Regulator Directs Wind Energy Firm, MSEDCL, to Recompute Delayed Payment Charge

The Maharashtra Electricity Regulatory Commission (MERC) recently directed Hindustan Petroleum Corporation (HPCL) and the Maharashtra State Electricity Distribution...

March 24, 2023

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Rakesh Ranjan

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Other

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Wind
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JSW and Greenko Win Karnataka’s Bid for 1 GW of Pumped Storage Projects

JSW Neo Energy (JSW Energy) and Greenko KA 01 IREP (Greenko) have won the Power Company of Karnataka’s (PCKL) auction to supply 1 GW of energy for 8 hours daily from...

March 21, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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Railways Invites Bids for 600 MW of Mono PERC Bifacial Solar Modules

IRCON Renewable Power (IRPL), a company incorporated by the Ministry of Railways,  has invited bids for the supply of monocrystalline Passivated Emitter and Rear Contact...

March 23, 2023

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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BHEL Floats O&M Tender for a 100 MW Solar Project in Gujarat

Bharat Heavy Electricals (BHEL) has invited bids for the operation and maintenance (O&M) of a 100 MW grid-connected solar power project (Phase-II) for the Gujarat...

March 23, 2023

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Maharashtra Approves Tariffs for 8.7 MW of Solar Power Under KUSUM Program

The Maharashtra Electricity Regulatory Commission (MERC) has adopted tariffs of ₹3.28 (~$0.039)/kWh, ₹3.29 (~$0.039)/kWh, and ₹3.30 (~$0.040)/kWh for the procurement of...

March 21, 2023

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Rakesh Ranjan

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Markets & Policy

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Solar
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Gujarat Invites Bids to Procure 500 MW of Wind Power with Greenshoe Option

Gujarat Urja Vikas Nigam (GUVNL) has invited bids to procure power from 500 MW of grid-connected wind projects (Phase V) with a greenshoe option of an additional...

March 17, 2023

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Rakesh Ranjan

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Tenders and Auctions

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Wind
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Indian Oil Floats O&M Tender for 8 MW Solar Project in Ahmedabad

Indian Oil Corporation (IOCL) has invited bids for the operation and maintenance (O&M) of an existing 8 MW solar power project at the LPG bottling plant at Sanand in...

March 21, 2023

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Tribunal Asks Regulator to Re-Examine Penalty on POWERGRID Due to Project Delay

The Appellate Tribunal for Electricity (APTEL) recently ruled in favor of the Power Grid Corporation of India (POWERGRID) and asked the Central Electricity Regulatory...

March 20, 2023

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Rakesh Ranjan

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Markets & Policy

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Solar
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Andhra Regulator Directs DISCOM to Pay ₹2.93/kWh for Wind Power Procured

The Andhra Pradesh Electricity Regulatory Commission (APERC) has directed the state distribution company (DISCOM) to pay a tariff of ₹2.93 (~$0.036)/kWh for the power...

March 20, 2023

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Rakesh Ranjan

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Other

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Wind
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Supply Chain Disruptions a Cause of Concern for Renewable Energy Projects

Renewable developers and original equipment manufacturers (OEMs) must build partnerships for vertical integration and mitigate risks to better manage the increasing...

March 17, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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Assam Cabinet Approves Setting Up of 620 MW of Renewable Energy Projects

The Assam Cabinet has given in-principle approval for setting up 620 MW of renewable energy projects under a joint venture between the Assam Power Generation Corporation...

March 16, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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Solar Financing Startup Aerem Raises $5 Million in pre-Series A Round

Aerem, an Indian solar financing startup, has secured $5 million (~₹413 million) in a pre-Series A funding round to help finance its upcoming product offerings. The...

March 16, 2023

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Rakesh Ranjan

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Finance and M&A

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Solar
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Rajasthan Invites Bids for 1.2 GW of Solar Projects with Storage

Rajasthan Urja Vikas Nigam (RUVNL) has invited bids to set up 1,200 MW of solar power projects anywhere in India with a committed supply for at least six hours during...

March 15, 2023

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Rakesh Ranjan

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Solar

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Tenders & Auctions

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