Karnataka to start allocation of 400-MW grid-linked solar projects in six months…

According to reports, grid-connected solar power generation is set to get a boost in Karnataka in about six months as the State is expected to start allocation of 400-MW grid-connected solar power generation projects by then. Disclosing this at an interaction meeting with the Federation of Karnataka Chambers of Commerce and Industry (FKCCI)...

Read More...

PFC hopeful of over 20% loan growth despite sector woes…

State-owned Power Finance Corporation (PFC) is hopeful of posting a loan growth of over 20 percent in the current fiscal despite the regulatory concerns relating to the energy sector. "We will stick to our previous guidance and are hopeful that loan disbursements will be healthy in the current fiscal," PFC finance director R Nagarajan told...

Read More...

CER prices fall, feel European crisis pressure…

The price of CER certificate on the Intercontinental Exchange (ICE) has halved from $18.52 a tonne in May-end to $9.21 this week. This is a fallout of the lack of demand coupled with economic turmoil in the European market, a major buyer of the CER certificates. On November 3, CER prices on ICE touched their life-time low of $8.78 a tonne....

Read More...

GMDC to commission 100MW wind projects in 2011-12…

GMDC, a minerals major has already chalked out plans to add about 40 megawatt (MW) of wind power generation capacities to its existing 60 MW capacities in the current financial year. In september this year, state mineral and mining PSU Gujarat Mineral Development Corporation (GMDC) said it will set up a 5 MW solar plant on the reclaimed...

Read More...