KEC bagged orders work Rs. 1416 Crs…

An update from Money Control KEC International has bagged orders worth Rs 1416 crore, reports CNBC-TV18. It touched an intraday high of Rs 68.70 and an intraday low of Rs 63.50. At 10:48 hrs the share was quoting at Rs 65.60, up Rs 1.50, or 2.34%. It was trading with volumes of 276,030 shares, compared to its 5-day average...

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India moved from10th to 6th position in terms of Clean Energy Investments…

Power India found that Clean energy investments in India increased 54 percent in 2011 to $10.2 billion, vaulting that country from 10th to 6th place in the G-20 in just one year.      The wind sector in India led the way, attracting $4.6 billion and spurring deployment of 2.8 GW during the year, a 38 percent increase...

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Puducherry residents to “sell” excess power from the rooftop solar panels…

Power India found that, a regulations is being considered to allow Puducherry residents to “sell power” for the solar panels installed on the rooftops of the households.   The ministry of new and renewable energy is planning with the state government to install solar panels on rooftops of houses in Puducherry and excess power generated...

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Around 10 companies to set up Solar PV Projects under Karnataka Solar Mission…

As per the news clip on the Hindu Business Line A total of 10 companies plan to set up solar projects in the State under the Karnataka Solar Mission over the next six months. Of these, eight companies plan to set up solar photovoltaic projects for 60 MW, while two will set up solar thermal projects of 10 MW each. “Most projects will...

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India should consider offshore wind farms… said AD (E&Y)

Mr. Swaminathan Krishnamurthy, Associate Director, Climate Change & Sustainable Services, Ernst & Young India has suggested that India’s coastal states should look at offshore wind farms to generate energy. With a coastline of over 7,500 kms, India has a natural advantage to go for offshore wind energy.   Power India found...

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CIL released draft FSA, biased against power developers as per IPPAI…

Power India found that, Coal India Ltd (CIL) have released the draft of Fuel Supply Agreement (FSA) which proposed to be entered with the power producers.   As captured by Power India earlier, the penalty provisions for not honouring the FSA have been kept at abnormally low levels; further the CIL has refused to take any responsibility...

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AEG completed 40 MW solar project… on the way for more…

Power India found that AEG Power Solutions, (global renewable energy solution provider) have installed around 40 MW of solar projects since it has started operations in India. Further the company have booked around 34 MW solar project since January 2012 when 33.5 MW had been awarded for the year 2011.   The orders consisted of complete...

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