NEWS ----------SEPTEMBER 2018 Issue
Cygni Energy raises $6.4 Mn to power growth & expansion

Hyderabad-based Cygni Energy Pvt. Ltd., an innovative Solar-DC solutions start-up, has announced that it has raised funds of $6.4-mn through a combination of equity and debt. The equity funding is led by Endiya Partners, a leading early stage venture capital firm that invests in product start-ups, and the debt by IndusInd Bank. The funds will help the start-up in expanding capacity, strengthening

R&D capabilities and increasing market reach.

Cygni, the first company to be recognised under the Start-up programme, manufactures solar controllers and had raised an initial funding in 2014. The start-up has received a grant from Millennium Alliance (FICCI in partnership with USAID, TDB and World Bank) for developing Solar-DC microgrid systems.

GreyOrange expands its global footprint

The AI-powered robotics company opens its headquarters in Atlanta, US.

To better serve local customers and meet market demands, GreyOrange, the global leader in AI-powered robotics systems for flexible automation in distribution and fulfilment centres, is establishing its U.S. headquarters in Atlanta, Georgia. The company has also announced 50 new open positions across various departments.

In its first client site in the U.S., GreyOrange will deploy 740 robots in Atlanta, and create several thousand jobs across this and other initial client sites. To further support its growth, GreyOrangeTM has started setting up its local manufacturing facility in the U.S., which will be completed in 2019. In the next three years, the facility plans to manufacture and deploy an additional 20,000 robots in the U.S.

GreyOrange is also opening a research and development (R&D) centre in Boston, Massachusetts, to further expand its technology development capability and propel innovation in robotics logistics. The company plans to build a team of more than 60 engineers for R&D in AI, human-machine interface (HMI), machine vision and data intelligence, adding to the current global team of 250 R&D engineers.

Samay Kohli, CEO and Co-Founder at GreyOrange says, “Embracing robots, who work hand-in-hand with humans, enables our customers to boost overall productivity, minimize inventory waste, increase consumer choice and improve their company’s bottom line.”

GUVNL invites EoI to develop 1,000MW of projects in DSIR

GUVNL will be the procurer of the solar power from these projects.

The Gujarat Urja Vikas Nigam Limited (GUVNL) has invited expression of interest (EoI) from project developers to develop 1,000 MW of grid-connected solar PV projects in the Dholera Special Investment Region (DSIR) in the state. The deadline for submitting EoI is October 15, 2018.
Gujarat Power Corporation Limited (GPCL) will be the nodal agency for the development of the solar park. GUVNL will procure the power from the solar PV projects.

The final selection of developers for the projects will be through competitive bidding followed by reverse e-auction. The bid documents of competitive bidding process will be prepared after consulting the developers participating in this EoI and in the EoI meeting.

The date, time and venue of the EoI meeting will be communicated after evaluation of the documents. Developers willing to participate in this EoI shall have to mandatorily attend the EoI meeting. Only the developers who attend the meeting will be eligible for participating in the tender subsequently.

The park is expected is to cover an area of more than 27,000 acres upon completion. According to a Gujarat state government release issued earlier this year, the proposed solar park will attract investment of `250-billion and provide employment opportunities to more than 20,000 individuals.

Hartek Power bags CMC power project to enhance city’s water supply

Hartek Power has bagged a prestigious order from the Public Health Department of the Chandigarh Municipal Corporation (CMC) for executing a 66/11 KV substation at the Sector 39 Waterworks, which will help in improving the overall water supply to the Tricity. To be commissioned at a cost of `11.24-crore, this project will involve designing, supply, erection, testing and commissioning of the new switchyard, which will enable the Municipal Corporation to meet the city’s peak water demand of 100 million gallons per day (MGD) by pumping an additional 29 MGD to be drawn from Kajauli Waterworks V and VI. Chandigarh’s water supply currently stands at 80 MGD.

 MP achieves spectacular bid results with innovative RESCO programme

 Innovative RESCO tender attracts 31+ domestic and international bidders for 35 MWp Solar rooftop project in Madhya Pradesh.

-  Tender capacity oversubscribed its tender capacity by more than 630 per cent.
-  Tender sets historic lowest tariff of `1.58 /kWh.
Madhya Pradesh has achieved spectacular bid results with its innovative Solar Rooftop RESCO program, which has laid down path for fast track adoption of solar rooftops in the country. The recent tender floated by Madhya Pradesh Urja Vikas Nigam Ltd. (MPUVNL) for the development of 35MW of grid-connected rooftop solar under this model saw bids as low as Rs1.58 (~$0.022)/kWh for Power Grid Corporation of India. This is the lowest tariff discovered in the country so far.

Amongst all State Government buildings, the lowest rate is for municipal bodies, which would get power at `1.69 per unit. Tariff of `1.74 per unit has been discovered for medical colleges, which is about one-fourth of what they are presently paying.
Police establishments all over the State would enjoy power at `2.33 per unit. All government engineering colleges, ITIs and polytechnics would get power at `2.35 per unit. The lowest rate amongst private institutions has been `2.28 per unit.

Though the tariffs look extremely low, the caveat is that the first year tariffs quoted in this auction are set to escalate by 3.0 per cent per year over a period of 25 years.
Solar rooftop sector has been struggling with issues like significant upfront cost for individual consumers and lack of enabling framework for Independent Power Producers (IPPs) to develop scalable business model. The bid results for 35 MWp Solar Rooftop tender are testimony to numerous policy, contractual and procedural innovations deployed in the RESCO program to find solutions to these gaps.

Madhya Pradesh’s RESCO tender attracted 31 international and domestic bidders, who oversubscribed its 35+ MWp rooftop tender capacity by more than 630 per cent.

RESCO model facilitates the beneficiary consumer to enjoy solar power with zero upfront investment and at rates much below the prevailing DISCOM rates. The beneficiary consumer pays for the electricity as it is generated by the selected contractor, who undertakes design, supply, and installation, along with comprehensive Operation and Maintenance for 25 years.

The selection of the Contractor is made based on the lowest tariff offered in transparent electronic bidding.

Karnataka exempts Rooftop Solar projects below 1 MW from CEIG clearance

In a recent notification issued by the Karnataka Government, it has been clarified that solar rooftop installations below 1 MW are not mandated to be inspected by the electrical inspector. Previously, as per Karnataka state electrical inspector, based on the size of installations, competent authorities were to be approached for their approval.

The recent notification spares small rooftop solar developers and consumers in the state significant amount of time and effort it would take to acquire clearances. The notification also states that all rooftop solar installations that belong to the government are exempt from the CEIG approval process.

Karnataka is currently the top state in the country terms of rooftop solar installations. According to Mercom India Research’s newly released Q2 2018 India Solar Market Update, the state has 5.2 GW of utility solar projects in operation along with a strong ~2.1 GW pipeline.

LGE plans US$300 million funds infusion for growth

Company to expand their renewable power capacity to 2GW by 2020.

Leap Greens Energy Pvt Ltd (LGE), India’s leading renewable power generation company, plans to increase its power capacity through opportunistic acquisitions and setting up green field projects. They are expecting to have an installed capacity of above 2GW by FY2020. The company are currently at operational capacity of 751 MW of operational wind assets and 400 MW of under construction wind assets.
To meet the requirements of expansion, they are planning a fund infusion to the tune of US$300-million. The SEBs and various Industrial and Commercial Corporate Consumers form the prospective users of the produced power capacity. Their reported revenue was `525-cr generated in FY2017-18 alone.
Currently, LGE operates in Madhya Pradesh, Rajasthan, Tamil Nadu, Maharashtra and Gujarat with plans to enter more states immediately.

MERC sets `2.72/kW as ‘generic tariff’ for solar
The generic tariff for solar rooftop PV projects will be `3.22/kWh; `2.87/kW for Wind.

The Maharashtra Electricity Regulatory Commission (MERC) has fixed `2.72/kWh as the generic tariff for solar photovoltaic (PV) projects for FY 2018-19, and has also pegged `2.87/kWh as the generic tariff for wind energy projects in Maharashtra.

In case of solar photovoltaic (PV) projects, MERC has notified that the useful life will be considered at 25 years, and has fixed `2.72/kWh as the generic tariff for solar PV projects. MERC also fixed `3.22/kWh as the generic tariff for solar rooftop PV projects. These tariffs will be valid for projects commissioned from August 1, 2018 to March 31, 2019.

MERC passed the order while reviewing a petition regarding the determination of generic tariffs for renewable energy for FY 2018-19 (August 1, 2018 to March 31, 2019). The tariff of `2.87/kWh for wind projects will be applicable on all wind projects commissioned between August 1, 2018 and March 31, 2019 for a period of 13 years from the date of commissioning.

The useful life of small hydro projects (SHPs), including micro hydro projects has been taken to be 35 years. MERC has fixed `5.36/kWh without accelerated depreciation (AD) and `5.64/kWh with AD as the generic tariff for mini and micro hydro projects up to 500 kW. It has fixed `4.86/kWh without AD and `5.14/kWh with AD as the generic tariff for mini and micro hydro projects of a capacity above 500 kW and up to 1 MW.
For SHPs above 1 MW and up to 5 MW, the generic tariff has been fixed at `4.36/kWh without AD, and `4.64/kWh with AD. For SHPs above 5 MW and up to 25 MW, the generic tariff is `3.66/kWh without AD, and `3.92/kWh with AD.

The above tariffs will apply to projects commissioned between August 1, 2018 and March 31, 2019. The tariffs will be valid for a period of 35 years for SHPs of capacity up to 5 MW, and for 13 years in case of SHPs with installed capacity greater than 5 MW and up to 25 MW.

MERC has the fixed generic tariff for biomass-based power projects at `7.30/kWh without AD and `7.44/kWh with AD. The tariff will apply to projects commissioned from August 1, 2018 to March 31, 2019.
In its order, MERC also fixed `4.99/kWh as the generic tariff for non-fossil-fuel-based cogeneration projects. The tariff will apply to projects commissioned between August 1, 2018 and March 31, 2019.

Merino Group inaugurates Haryana’s first Open Access solar plant

Merino Panel Products Ltd. (MPPL) has inaugurated Haryana’s first Open Access Solar Plant in the Hisar district of the state. The 5.5 MegaWatt Captive Open Access Solar Power plant was commissioned by Sunsure Energy. MPPL will draw more than 9.0 million units (kWh) of electricity from this plant every year for consumption in its manufacturing unit in Bahadurgarh, in Haryana.

Not only is this plant first-of-its-kind in terms of the power delivery model, it is also the first to use single-axis tracking at this scale (5.5 MW) in the State of Haryana. This design enables the plant to deliver up to 15 per cent more energy than the more common fixed-tilt plants.

In a recent order, Haryana Electricity Regulatory Commission (HERC) has waived all transmission and distribution charges on Solar Open Access plants, thus making this a very well-timed investment for MPPL.

We are now drawing from over 8.2 MW of installed solar plants on our rooftops as well as in open access across India. Overall, solar is now serving over 75 per cent of our power requirement and this move has given us immense benefits. Over 90 per cent of the power in our Bahadurgarh unit is now from our Solar plants and we wish to replicate this in our other units as well,” said CL Lohia, Chairman of the Merino Group of Companies.

Microland partners with PTC to launch IIoT services

Partnership to power industrial ecosystems by creating value-added services on Thingworx.

Microland, a Digital Accelerator, has announced its partnership with PTC, a leading technology platform provider, to launch a new set of IIoT services and solutions including IIoT Data Interoperability Powered by KepServerEx, Equipment Optimization Powered by Thingworx, and Thingworx System Integration Services.
The partnership brings together Microland’s IT-OT integration capabilities along with PTC’s industrial automation platforms, resulting in integrated Industrial IoT solutions to drive higher efficiencies, increase productivity and reduce operational risk. It further allows both the companies to leverage complementary resources, technologies to expand and strengthen Industrial IoT footprint, and create joint go-to market strategies.
“This partnership provides us the opportunity to leverage PTC’s Thingworx platform to build smart, connected IoT solutions. It enhances Microland’s IoT capabilities enabling us to deliver improved customer experience and optimize business processes for our clients. Additionally, the initiative strengthens our platform agnostic stance, providing clients the flexibility to choose an IoT platform that is tailor-made for their business needs,” says Manjanath Nayak, Sr. VP, Global Head, IIoT business.
Adds Kalyan Sridhar, Country Manager, PTC India, “With the integration of ThingWorx, Microland will be able to utilize the latest Industry 4.0 technologies and significantly improve productivity, innovation and operational efficiency.”
ThingWorx was purpose-built from the ground up for the Internet of Things. It contains the most complete set of integrated IoT-specific development tools and capabilities available, offering the industry’s deepest functional capabilities. ThingWorx makes it easy to develop and deliver powerful Enterprise IoT solutions that deliver transformative business value.
-  ThingWorx platform will leverage Industry 4.0 technologies – Artificial Intelligence and Machine Learning technologies – to reduce product failures.
-  It would reduce downtime caused by unplanned events by sending breaking news alerts of the errors to the proper parties and predict the amount of time until a system fails.
-  It improves the quality of products by providing a full digital reporting of products produced.
-  It reduces delays in decision making by enabling team members with real-time detailed data and creating dynamic visualizations of the status of production systems.
-  It identifies trouble spots within the facility by observing real-time data on the factory floor with augmented reality (AR), providing a bird’s eye view.

Inland Waterways for fly ash transportation at NTPC Kahalgaon

To increase the Fly Ash utilization, NTPC along with a team of Inland Waterways Authority of India (IWAI), Ministry of Shipping, GoI explored the possibility for transporting fly ash through Inland Waterways from NTPC – Kahalgaon. Transporting the Fly Ash through
Inland waterways has been commenced as a pilot project from NTPC Kahalgaon to Pandu (In Assam) for use in cement manufacturing.

Sustainable Fly Ash utilisation is one of the key initiatives at NTPC. There is a huge demand for Fly Ash but due to the limitation of transporting it through only railway system, not enough can be utilised. For this pilot project, first mile activity of bagging and loading of Fly Ash into barges will be done by NTPC and cost of transportation will be taken care by IWAI and Star cement.

The first load of Fly Ash has already been loaded by NTPC Kahalgaon after IWAI moved its barges vessel from Kolkata to Kahalgaon and two barge vessels of 1000 tonne capacity each reached Kahalgaon on 17th August, 2018. The vessels will go to Pandu port through National waterway and via IBP (Indo-Bangla) route.


To accelerate renewable drive for production of multi-MW floating photovoltaic plants.

NETRA (NTPC Energy Technology Research Alliance), the R&D arm of NTPC Ltd., signed the Memorandum of Agreement (MoA) recently with Central Institute of Plastics Engineering and Technology (CIPET) to accelerate the renewable drive by establishing the technology framework for development and production of floaters for Multi-MW Floating photovoltaic (PV) plants. NTPC–NETRA and CIPET team will be working together towards building comprehensive quality plans, to increase the vendor base and capacity building in the area of Floater production and maintenance technologies.

The MoA was signed by Shaswattam, General Manager, NETRA, and Dr. M Abdul Kader, Principal Director, CIPET in the presence of RK Srivastava, Executive Director, NETRA, PD Hirani, General Manager, NETRA, and other officials.

ReNew Power successfully commissions first reverse wind auction in India

ReNew Power Limited has announced the successful commissioning of Phase 1 (126 MW) of its 250 MW wind project located in Kutch district of Gujarat. This project is part of the India’s first wind power reverse auction concluded by Solar Energy Corporation of India Limited (SECI) in February 2017 under the 1000 MW Inter-State Transmission System (ISTS). The power generated from this project will be supplied to the Northern and Eastern states of UP, Bihar, Jharkhand and Odisha using the ISTS network.

The 250MW wind power project was won at a tariff of `3.46/unit by Ostro Kutch Wind Pvt. Ltd., in April 2017, which, through an acquisition of Ostro Energy Private Limited and its portfolio of wind and solar energy projects, became part of ReNew Power in March 2018.
Ostro Kutch Wind Pvt. Ltd, now a part of ReNew Power, awarded this 250MW turnkey project to Vestas Wind Technology India, which includes delivery, installation and commissioning of 125 V110-2.0 MW turbines, as well as the project’s BoP works (Civil and Electrical). The turbines will be serviced by Vestas via a 10-year service contract.

PPGCL awards LoI to Resurgent Power

The lenders of Prayagraj Power Generation Company Limited (PPGCL), a 3 X 660MW coal-based power project based in UP, have issued a Letter of Intent (LoI) to Resurgent Power Ventures Pte. Ltd., (Resurgent Power) for acquisition of 75.01 per cent stake in PPGCL. Resurgent Power is a Joint Venture based out of Singapore and is held 26 per cent by Tata Power through its wholly-owned Singapore-based subsidiary. The balance 74 per cent of Resurgent Power is held by ICICI Bank and investors of international repute.
Speaking on the development, Praveer Sinha, CEO and MD, Tata Power said, “After our due diligence, we found that Prayagraj Power fits in our overall scheme of growth. It has all approvals and clearances in place along with long-term PPA and fuel supply agreement. It will be a value-adding asset in Resurgent Power’s portfolio.”
The transaction shall be subject to customary approvals and conditions.

Sandhar adopts Dassault Systèmes’ 3DEXPERIENCE Platform

The 3DEXPERIENCE platform would improve end-to-end product development.

-  Leading automotive supplier to global OEMs is using the ‘Bid to Win’ industry solution experience.
-  Multi-disciplinary design and engineering ensures programme consistency, visibility and traceability across Sandhar’s manufacturing plants in India.
-  Sandhar has gained significant business results in three years thanks to the 3DEXPERIENCE platform.

Dassault Systèmes has announced that Sandhar, an Indian engineering company and a leading automotive tier one supplier to global automotive OEMs, has deployed Dassault Systèmes’ 3DEXPERIENCE platform to accelerate their new product development process. This was announced at the recently-held 3DEXPERIENCE Forum 2018 in New Delhi.
The adoption of the 3DEXPERIENCE platform and the ‘Bid to Win’ industry solution experience provides Sandhar with a centralized business experience platform for synchronizing multisite projects, development changes, product data and components management. This enables multi-disciplinary design and engineering and ensures program consistency, visibility, and traceability across the company’s manufacturing plants in India.
Sanjay Maindiratta, Head Corporate IT, Sandhar said, “We adopted the3DEXPERIENCE platform as our PLM backbone and, in a span of three years, we have gained significant business benefits. It helps in managing multiple versions of the data coming from different native CAD tools
and reusing them effectively. It helps in managing new product development processes, including tracking and tracing the timelines and deliverables related to NPD and APQP processes. It is effective in change management in handling frequent changes coming from customers as well as internal process improvements. Lastly, it is agile in bid management and in responding to RFQs effectively within time.”

Samson Khaou, Managing Director, India, Dassault Systèmes said, “The ‘Bid to Win’ industry solution experience based on the 3DEXPERIENCE platform is specifically targeted at automotive suppliers pursuing market expansion. It enables organizations to increase innovation, product portfolio development planning efficiency and quality. By orchestrating people, schedule and deliverable and consolidating enterprise and engineering data, it enables standardization, which has a huge impact on cost reduction as well.”

SchlegelGiesse expands by acquiring Reguitti

SchlegelGiesse, the international division of London quoted Tyman plc, has acquired Reguitti, the

Italian-based manufacturer of handles and assorted accessories for doors and windows, along with its sister brands Tropex Design and Jatec. This strategic acquisition, which is immediately effective, extends the SchlegelGiesse portfolio of high-quality hardware solutions to timber, aluminium and PVC internal and external doors and windows.

“The acquisition of Reguitti represents a powerful opportunity for SchlegelGiesse to significantly enhance our all-in-one sealing and hardware portfolio with solutions designed for any type of door and window,” explained Peter Santo, CEO of SchlegelGiesse. “I am confident the strategic synergies created through this acquisition will allow us to extend our product offer to our existing clients, to serve a wider range of customers and facilitate the continued development of innovative, aesthetically-engineered products for the industry.”
“We are delighted to join such well-regarded brands. Our vast catalogue of handles and accessories will be available to a larger worldwide client base. Both, SchlegelGiesse and Reguitti are ready to consolidate their presence in established as well as in emerging markets. We are proud that an Italian company has achieved this goal, which we believe is a success also for all those who work there,” added Marco Pialorsi, Reguitti CEO.

SchlegelGiesse specialises in designing integrated hardware and sealing solutions that improve the performance, reliability, and the installation speed of doors and windows. Its commercial network spans five continents and over 100 countries, with Europe, Latin America, Australia, New Zealand, China, ASEAN, the Middle East and India among its primary markets. Both companies will continue to conduct ‘business as usual’ while ensuring that the combined customer base has full access to the synergy opportunities created through the acquisition.

SSCL to develop 300 MW of Solar projects in Telangana

SECI has issued an EPC tender for 150 MW of solar PV capacity spread across various locations of SCCL.

Singareni Collieries Company Limited (SCCL), a government owned company, is planning to develop 300 MW of solar photovoltaic (PV) projects in captive mode on vacant lands at various locations of the company, reports Mercom India. The company has estimated the entire capacity development to cost approximately `13,615-million through a debt equity ratio of 70:30.
As per SCCL, the debt portion of `9,530-million will be met through banks and foreign investors and equity portion of `4,085-million will be met through SCCL’s internal resources. The SCCL board has approved detailed project reports for nine solar projects.
The Solar Energy Corporation of India (SECI) and Telangana State Renewable Energy Development Corporation (TSREDCO) had prepared the reports. The SCCL has invited expression of interest (EoI) from interested parties for funding of individual projects.
Transmission Corporation of Telangana (TSTRANSCO) will provide grid-connectivity for the projects.
Now, SECI has issued a tender to award engineering procurement construction (EPC) contracts for development of 150 MW solar PV capacity spread across various locations of SCCL. This is a domestic competitive bidding tender.
The scope of work includes the design, engineering, supply, construction, erection, testing, and commissioning of the grid-connected solar PV projects. The successful bidders will be responsible for comprehensive operation and maintenance of the projects.

UL launches Solar Inspection Certificate service for PV Power Plants

UL, a global, independent safety science company, has announced a new offering of a PV Power Plant Certificate: a solar plant verification and inspection service for photovoltaic (PV) power plants for commercial and industrial to large megawatt-scale projects. The service, unveiled recently, is now available in India.

Solar plant developers, owners and financiers can benefit from an affordable or third-party independent assessment of a PV power plant’s creditability and quality. The delivered certificate attests that a PV power plant complies with the criteria outlined in the inspection program, based on the IEC 62446-1 standard, at the time of the inspection. All PV plant inspection certificates will be made publicly accessible on UL’s online directory.

“UL’s Solar Inspection Certification Service will help players in India’s booming solar market demonstrate compliance to global standards of quality and performance. As the quality ecosystem of the solar industry evolves, we are committed to diversify our service portfolio to support relevant stakeholders enhance the creditability of the certificate owner among financiers and customers. The unique service is also a step to streamline transparency through UL’s third-party inspection and verification services,” said Chakradhar Byreddy, director for renewable energy in Asia Pacific at UL.

The goal of this new service is to verify the performance of PV systems at stages of commissioning or during operation. UL offers two tiers of assessment that includes a desktop review of the power plant’s components, and different levels of testing or inspection of a plant’s components for safety and performance.

Wonder Cement inaugurates Cement Grinding Unit of 2 MT at Dhule

The construction of the grinding Unit started in 2017 and has been completed within a record time of 11 months at an investment of about `450-cr.

Wonder Cement has inaugurated their cement grinding unit at Nardana, Taluka Shindkheda, District – Dhule, Maharashtra. The Nardana unit is located 30 kilometres away from Dhule, with a grinding capacity of two million tonnes of cement annually. The unit is set up with an estimated cost of `450-crore with world class technology and full automation. The product will also undergo series of high level quality checks and testing before being delivered to end consumers.

Wonder Cement has an integrated cement plant in Nimbahera, Rajasthan. With the addition of Dhule facility, Wonder Cement’s production capacity will increase to 8.75 MTPA from 6.75 MTPA.
Says JC Toshniwal, MD Wonder Cement, “This investment of `450-cr is part of our overall expansion plan which we had earlier announced – of setting up an additional clinker production line along with Grinding units in the country, with an estimated investment of `2,500-crores towards the end of FY 2020. The second phase of expansion is already initiated with additional clinker production line under construction at our Nimbahera plant. For rest of the Grinding Units, we are actively evaluating the opportunity in North and Central region of country and will soon put up a plan.”

Wonder Cement is also in the process of developing a railway siding for its Grinding Unit, which is expected to be built within a year or two.

GoI, EESL, World Bank sign $300-mn agreement towards Energy Efficiency programme

The Government of India, the Energy Efficiency Services Limited (EESL), and the World Bank signed a $220-million Loan Agreement and a $80-million Guarantee Agreement for the India Energy Efficiency Scale-Up Programme. The Programme, to be implemented by EESL, will help scale up the deployment of energy saving measures in residential and public sectors, strengthen EESL’s institutional capacity, and enhance its access to commercial financing.

The investments under the Program are expected to avoid lifetime greenhouse gas emissions of 170 million tons of CO2, and contribute to avoiding an estimated 10 GW of additional generation capacity. This would be over 50 percent of the National Mission for Enhanced Energy Efficiency target of 19.6 GW indicated in India’s Nationally Determined Contributions (NDCs) under the Paris Accord.

The key components of the operation include: creating sustainable markets for LED lights and energy efficient ceiling fans; facilitating well-structured and scalable investments in public street lighting; developing sustainable business models for emerging market segments, such as super-efficient air-conditioning and agricultural water pumping systems; and strengthening the institutional capacity of EESL. Moreover, the Programme will help to increase private sector participation in energy efficiency, including through private sector energy service companies.
Under the Programme, EESL will deploy 219 million LED bulbs and tube lights, 5.8 million ceiling fans, and 7.2 million street lights, which will be supplied by private sector manufacturers and suppliers.

Cosmos Solutions receives US$950-mn for new eco-friendly energy product
Cosmos Solutions Pvt. Ltd.’s patented new technology to generate more power from engines using micro controllers received a major green signal with a private equity of US$950-million from Linetrust Offshore Ltd. The Head of private equity of Linetrust ASEAN, Dr. Sailesh Lachu Hiranandani, who has spared no effort in promoting the development of renewable energy, assured Cosmos   READ MORE...
Black & Veatch bags IEDCL’s 41MW hybrid project
Black & Veatch has been selected to provide engineering expertise to IL&FS Energy Development Company Limited’s (IEDCL) 41 megawatt (MW) solar photovoltaic (PV), wind, and battery storage hybrid project in India. Core components of the project are 25 MW solar PV and 16 MW wind power generation systems, coupled to an optimised energy storage system.

Technical services for the  
Safeguarding its interests
GoI imposes a 25 per cent ‘safeguard duty’ on imported solar panels from China, Malaysia, despite a temporary stay issued by the Orissa High Court against such duty.

The government has levied safeguard duty of 25 per cent on solar imports from China and Malaysia. This move by the Ministry of Finance (Department of Revenue) comes post the final READ MORE...