Solar under JNNSM… on the way of 250 MW capacity in two months…

According to MNRE (Ministry of New and Renewable Energy), around 90 MW of solar power projects from first back of JNNSM (Jawaharlal Nehru National Solar Mission) Phase I are being commissioned in this month and remaining projects of 60 MW capacity would be commissioned by next month. Spark learnt that with this commissioning, India will...

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Power Trading update – 10th Jan 2012

Power Trading snapshots of two major exchanges  IEX (Indian Energy Exchange) and PXI (Power Exchange of India) for 10th January 2012. On IEX around 52544 Mn Units were sold as against demand of 68071 Mn Units. Similarly on PXI around 3461 Mn Units were sold as against demand of 4742 Mn Units. Detailed report of both the exchanges are...

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IOC to drop Merchant Power plans…

On lines of Global Power Companies, various Indian companies are also loosing interest in the Indian Power Sector. The latest victim of this is the state-owned Indian Oil Corporation Limited (IOCL) which has dropped its plants to enter into the merchant power plant business. Merchant power is electricity that’s sold not to pre-identified...

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Global companies thinking on plugging out of Indian Power Sector due to fuel, land & tariff issues…

The numerous issues being faced by the Indian Power Sector such as fuel unavailability, tariff uncertainty and land acquisition delay etc, have jammed the sector, due to which various global power companies are currently holding their development and investment plants. According to the sources, such companies are considering opportunities...

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