Thursday, 20 June 2019

Total to buy stake in Adani Gas

PFI Issue 651 - June 19, 2019

Total SA is reported to be finalising a deal to buy a 30% stake in gas distribution company Adani Gas for more than US$800m.

Engro seeks licence for 200MW solar

PFI Issue 651 - June 19, 2019

Engro Energy is applying for a licence from the National Electric Power Regulatory Authority (NEPRA) of Pakistan to develop 200MW of solar power plants – comprising four plants of 50MW capacity each.

Reserve Bank to ease renewable lending rules

PFI Issue 651 - June 19, 2019

The Ministry of New & Renewable Energy (MNRE) is reported to have asked the Reserve Bank of India to categorise renewable energy financing into a separate segment from power and remove the priority sector lending limit for the sector.

MSEDCL calls for PPA bids

PFI Issue 651 - June 19, 2019

Maharashtra State Electricity Distribution Company (MSEDCL) is reported to have issued a tender for the purchase of power on a long-term basis from 1,000MW of grid-connected solar projects (Phase III).

MPPMCL seeks EoIs to develop a 500MW storage project

PFI Issue 651 - June 19, 2019

Madhya Pradesh Power Management Company Ltd (MPPMCL) is reported to have issued an expression of interest (EoI) inviting energy storage companies to set up a 500MW project in Madhya Pradesh.