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May 8, 2012

Mahagenco to develop 200 MW of Solar Projects by 2015…

Power India found that he Maharashtra State Power Generation Company (Mahagenco) is planning to set up four more solar power plants in the State with a total capacity of about 200 MW by 2015.   Current Projects Mahagenco, currently, is executing a 150 MW solar power project at Sakri town in Dhule district. Work on this project...
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Moser Baers Rs. 739 Crore CDR Proposal got in-principal approval from bankers…

Power India found that, the Rs. 739 Crores Corporate Debt Restructuring (CDR) proposal of Moser Baer India for Moser Baer Solar has received the in-principle approval from the bankers. As captured by Power India earlier, Moser Baer Solar has approached the CER Cell for the above purpose in April 2012. Moser Baer Solar’s Bankers are Punjab...
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Discom losses reached to the level 2 lakh Crores… High need of strong reforms…

Power India found that according to the recent insights published by CRISIL, the losses of power distribution companies have crosses Rs. 2 Lacs Crores at end of March 2012 due to lower tariffs and higher fuel costs. As outlined by the Report to primary reasons for the decreased bottom lines of Discoms are inadequate increase in tariffs...
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Planning Commission and Power Ministry on 12th Power Capacity Addition targets…

Power India found that the Planning Commission and Power Ministry officials are going to meet tomorrow to narrow the gap differences of likely power capacity addition  and to finalize the 12th Plan targets for the capacity addition in the Power Sector. As posted by us earlier, Power Ministry expects that at max 76,000 MW of capacity...
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ReNew Wind Power commissions 25.2 MW Wind Project in Gujarat…

Power India found that ReNew Wind Power (Mumbai based Independent Power Producer) has recently commissioned its first wind power project of 25.2 MW in Jasdan site, Rajkot, Gujarat.   A little brief on ReNew Wind Power: ReNew Wind Power is founded by Mr. Sumant Sinha who was earlier the Chief Operating Officer CEO) of Suzlon Energy....
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