India

India has extended a $75m line of credit for development of PV parks in Cuba according to agreement between Cuban agency BEC and Exim Bank of India.

The joint venture between Japanese majors Toshiba, Denso and Suzuki will make the investment in the Gujarat plant over the 2021-25 period, having pumped Rs12.5 billion into the first phase of development.

BHEL has tendered s for developing the complete floatation platform for the 22 MW floating solar plant at NTPC Kayamkulam in Kerala.

The Energy and Resources Institute announces a new platform for P2P transactions of green power among residential consumers sharing the neighborhood.

The latest regulation regarding net-metering and net-billing arrangements for rooftop PV installations has been issued by MERC in the Indian state of Maharashtra.

The Indian Railways is going to allot unoccupied land for 500 megawatts of solar capacity to supply own electricity demand.

MSEDCL has tendered for the procurement of 1350 MW solar power for a second time. The tender had yielded only one bid for 5 MW the first time it was issued.

The last date and time for submitting the bid application is January 15, 2020 at 11:00 Hrs, and the Earnest Money Deposit (EMD) is fixed at Rs 45,000.

A pre-bid meeting has been arranged on January 20 for the project, which is being financed with a $74 million World Bank loan.

The central Electronic Limited has advertised a tender for qualifying companies to supply 5MW multi-crystalline PV Modules to several Maharashtra projects.

Zoho Corporation a leading software-as a-Service in India has decided to invest in greener solar energy.

Vector green has officially joined the big energy league. The company has acquired 275 MW of solar assets from Rattan. Vector green is owned by the Global infrastructure Partnership of the United States. GIP operates Vena Energy with a portfolio of 11 gigawatts in Asia. The company is using Vector Green to build its Indian portfolio.

Over 200 MIDI electric Buses tender in Mumbai has been issued. While issuing the tender, BEST said that the buses will operate between Mumbai and its suburbs.

The MOU signed between the Saudi Arabia Ministry of energy and India has been approved by the union cabinet.

NTPC plans to invest about Rs 50,000 crore funded by green bonds to increase its capacity by 10 GW.