Power Grid Corporation of India Ltd (PGCIL) has earlier signed three loan agreements with World Bank for development of Power Systems; currently the disbursements are being availed. Presently, following three loans are ongoing, i.e. disbursements being availed: Power System Development Project-IV (No. 4890-IN) - Loan amount:...
May 5, 2012
BHEL-ISG bagged order of Rs. 312 Crs for supply coal handling plants from NTPC-UPRVUNL JV for Meja TPP…
The Joint Venture of NTPC and UPRVUNL (Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd) has given an order of Rs. 312 Crs to BHEL’s Industrial Systems Group for supply of Coal Handling package for the upcoming Meja Thermal Power Project in Utttar Pradesh. BHEL-ISG specialises in system integration of bulk material handling...
Funding including Private Equity funds are shying away from Indian Power Sector due to the prevailing uncertainties in the sector…
Private Equity funding in the Indian Power Sector is drying up fast due to the prevailing uncertainty over reforms in the sector. As captured by Power India; Indian Power Sector during the 12th plan will need around 13.72 Crores to add 76,000 MW of Capacity. We believe that funding so much amount of the money to the...
US Solar Companies allege that India has violated WTO norms…
The Solar Companies of United States are alleging that the norms laid down under the National Solar Mission of Indian Government are a clear violation of World Trade Organization’s rules and want the US Government to drag India to the World Trade Organization. As being argued by Solar Energy Industries Association...
Power Ministry proposed amendments to Electricity Act 2003…
The Power Ministry has proposed certain amendments in the Electricity Act 2003, in the Section 11 and Section 61(1); which are targeted to smoothen the implementation process of the said Act. Amendments proposed to curb the alleged misuse by state governments and prohibit the sale of surplus power from generating plant to...
A council of the Global Solar Sector has been formed in line with Global Wind Energy Council by the international solar PV companies…
In line with the Global Wind Energy Council a Global Solar Council has also been formed by representatives of leading international companies in the solar photovoltaic industry such as Applied Materials , Dow Corning, DuPont , First Solar , Lanco Solar , Phoenix Solar and Suntech . The Global Solar Council is a CEO-level coalition...
Rajasthan Electricity Regulatory issued a notice to Jodpur Distribution company for failing to supply power to the villages…
A notice has been issued to the Jodhpur Vidyut Vitran Nigam Ltd (JDVVNL), Government power distribution company, by Rajasthan Electricity Regulatory Commission (RERC) for failing to provide a minimum six hours of power supply to ground nut growers in 40 villages of Bikaner. The notice has asked why farmers should not be given...
After Gujarat a Solar Park over 4000 Acres of Land under its way in Karnataka…
Karnataka Government is planning to develop a Solar Park which will be having Solar PV Projects in the Mannur, Bijapur District which will be similar to the Solar Farm of Gujarat (Charanaka). The proposed solar park will be developed on 4000 Acres of land. Work will be started with the initial capacities of around 80 MW to 100...
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