FY12 Wind based capacity addition to be 2800 MW…

ICRA has published a Press Release on 10th January 2012, predicting the wind based capacity addition during the FY 2011 – 12 and thereafter. As per the ICRA, the wind based capacity addition during the current FY be around 2800 MW as against the 2350 MW during last FY. The same may grow at an annual rate of 15% going forward.   The...

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GVK Power & Infrastructure – Stock Update…

According to Mr. Manoj Murlidharan Vayalar, Associate VP Derivatives, IIFL PReMIA,stock prices of  GVK Power & Infrastructure can test the level of Rs 17.20.   According to Mr. Murlidharan, "In GVK Power & Infrastructure in last seven days there is good accumulation happening. But the thing is you know it's beaten...

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Power Trading update – 9th Jan 2012

Power Trading snapshots of two major exchanges  IEX (Indian Energy Exchange) and PXI (Power Exchange of India) for 9th January 2012. On IEX around 52544 Mn Units were sold as against demand of 68071 Mn Units. Similarly on PXI around 3974 Mn Units were sold as against demand of 4419 Mn Units. Detailed report of both the exchanges are...

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Gujarat to become 7000 MW power surplus state by end 2012…

Narendra Modi, the CM, Gujarat Government, has announced today that, the state is aiming to generate 7,000 MW of surplus power at the end of 2012. The announcement was made on the day of 10th Pravasi Bharatiya Diwas – 2012 held in Jaipur.   According to the statements of Gujarat Government, the state had a shortage of 2,000 MW power...

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Mahindra to invest Rs. 1000 Crs in solar projects….

Mahindra Solar One, a Joint Venture between the Mahindra Group and Kiran Energy, is planning to invest around Rs. 1,000 crore in solar power generation to build a capacity of 100 megawatts over the next two years, continuing the trend of large business houses investing heavily in the sector.   As per the Vice-chairman and MD...

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