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Opinion | Nepal enters a new era in electricity

Opinion | Nepal enters a new era in electricity As the MCC’s pressure built on Nepal, India also dropped its objection to the cross-border line published on 2021-04-28 12:04:00 Last month, a new chapter opened up in Nepal’s power sector. On March 19, the Indian Energy Exchange (IEX), an electricity trading platform, announced that NTPC Vidyut Vyapar Nigam Limited had secured approval for Nepal’s participation in the exchange. This announcement caps an important milestone in Nepal’s aspiration to integrate with India’s power trading. This is a big achievement for many in and out of the government who have dedicated themselves to securing Nepal’s access to India’s electricity markets.   

Virescent floats first solar InvIT, places 400 Mw assets under pvt trust

KKR backed Virescent Infrastructure has floated the first infrastructure investment trust (InvIT) in the green power space. It will be a private Invit for which they have sought the approval for the Securities Exchange of India. It is in the process of acquiring a portfolio of operational solar assets of close to 76 MWp at different locations including Patan (Gujarat), Jodhpur (Rajasthan) and Mohaba (Uttar Pradesh). The power purchase agreements (PPAs) for these assets are with state-owned counterparties. These assets would be vested in the InvIT. The InvIT aims to achieve approximately 1.5 GW of assets in the next two to three years.

Andaman LG flags off electric buses to curb pollution

Andaman LG flags off electric buses to curb pollution ANI | Updated: Jan 27, 2021 08:42 IST Port Blair (Andaman and Nicobar Islands) [India], January 27 (ANI): In a move to curb air pollution on the island, Retired Admiral D K Joshi, the Lieutenant Governor of Andaman and Nicobar Islands, on Tuesday flagged-off a fleet of electric buses. A press release by the Ministry of Power stated, The project for 40 electric buses is being executed by NTPC Vidyut Vyapar Nigam Limited (NVVN Limited), a 100 per cent subsidiary of NTPC Limited, a public sector undertaking (PSU) under Ministry of Power, Government of India. The introduction of electric buses in the Island union territory will help cut down tail pipe emissions as well as provide comfortable public transport.

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