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MIGA issues $197.67 million guarantee for SBI rooftop solar refinancing
The Multilateral Investment Guarantee Agency (MIGA), part of the World Bank Group (WBG), has issued a $197.67 million guarantee to support refinancing of a $500 million World Bank loan extended to State Bank of India (SBI) for grid-connected rooftop solar projects. The five-year guarantee aims to accelerate the deployment of solar systems for commercial and…
MoP proposes amendments to EV charging infrastructure guidelines
The Ministry of Power (MoP) has released a draft amendment to the Guidelines for Installation and Operation of Electric Vehicle Charging Infrastructure-2024. The draft outlines the framework for establishing EV charging infrastructure, including networks of charging stations equipped to meet diverse EV charging needs. The proposed guidelines define EV charging infrastructure as comprising various components…
Voltamp Transformers secures Rs 2,633.3 million contract from GETCO
Voltamp Transformers Limited has received a Letter of Intent (LoI) valued at Rs 2,633.3 million from Gujarat Energy Transmission Corporation Limited (GETCO) for the design, manufacturing, testing, and supply of various ratings of power transformers. The project, awarded on November 5, 2024, is expected to be completed within 12 months.
KPIL secures Rs 20.38 bn orders in T&D and building projects
Kalpataru Projects International Limited (KPIL) has won new orders worth Rs 20.38 billion in the transmission and distribution (T&D) sector across domestic and international markets, along with building projects in India. These orders increase KPIL’s year-to-date (YTD) order intake to Rs 193.61 billion. KPIL is a leading engineering, procurement, and construction (EPC) firm engaged in…
Waaree Energies secures 180 MWp solar module supply order
Waaree Energies has secured an order to supply up to 180 MWp of solar modules to a prominent renewable energy developer in India. Deliveries are set to begin at the end of November 2024 and conclude by the fourth quarter of fiscal year 2025. This contract underscores Waaree’s role in advancing India’s renewable energy infrastructure.
GEDA introduces guidelines for offgrid solar, wind, and hybrid projects
The Gujarat Energy Development Agency (GEDA) has introduced a comprehensive Standard Operating Procedure (SOP) for off-grid solar, wind, and wind-solar hybrid projects, with or without storage. This initiative is part of the Gujarat Renewable Energy Policy – 2023, aimed at facilitating Renewable Purchase Obligation (RPO) compliance and expanding access to clean energy solutions. Key Highlights…
