In Short ; By lowering the Goods and Services Tax (GST) on renewable energy equipment to 5%, the GST Council has announced a significant adjustment. It is anticipated that this action will speed India’s shift to sustainable energy, reduce project costs, and slash tariffs.
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In Short : The Chhattisgarh Renewable Energy Development Agency (CREDA) is seeking bids for rooftop solar projects totaling 1.3 megawatts throughout the state. Decentralized energy generation, reduced power prices, and the use of clean energy in the institutional and residential sectors are the goals of the effort.
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In Short : The government of Madhya Pradesh has started a bold initiative to supply solar-powered pumps to 20 lakh farmers. This program supports the state’s green energy objectives while ensuring dependable irrigation, lowering reliance on pricey fuel, and increasing farm output.
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— ## 📌 Project Overview * **Authority:** NTPC Limited, Unified Shared Services Center – CPG-3 (Raipur).* **Work Title:** AMC (Annual Maintenance Contract) of **SCADA System** at **10 MW Solar PV Plant, Ramagundam**.* **Contract Duration:** 2 years (24 months) from contract start date.* **Extension:** Up to 3 months possible, on same terms & conditions. — ## […]
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📌 Scope of Work Damodar Valley Corporation (DVC) has invited bids for the design, supply, installation, and commissioning of a floating solar system at its Mejia Thermal Power Station (MTPS). The package includes: ✅ Eligibility Criteria 💰 Contract Value & Security ⏳ Completion Timeline & Penalties 🧾 Taxes & Duties 🔑 Key Takeaway This tender […]
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In Short : According to a recent study, electricity rates may have decreased by up to 11% last winter if offshore wind farms had been fully operational. According to the report, offshore wind energy helps keep prices stable during periods of high demand while also bolstering supply security.
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In Short : Amid indications of a slowdown in the rise of renewable energy, the United States is getting ready for a large expansion in gas-fired power producing capacity. According to market sources, the nation’s power mix now includes more gas due to supply chain restrictions, growing costs, and postponed clean energy initiatives.
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In Short : After reporting lower-than-expected performance this summer due to abnormally low wind speeds, renewable energy company Ørsted has lowered its earnings estimates downward. Revenue and overall profitability were impacted by the company’s inadequate generation output.
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In Short : The government’s GST 2.0 reforms, which will reduce taxes on solar, wind, and related equipment, are expected to strengthen India’s renewable energy sector. It is anticipated that this action will lower end customers’ electricity costs and make clean energy projects more economical.
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In Short : As Cummins Inc.’s green hydrogen projects gained traction, the company’s shares increased by 2.24%. With a trading volume of $0.30 billion, the stock was ranked 353rd in terms of market activity.
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