Investments in global Renewable Energy Sector including India seems to decline in short term...

  According to the a report published by leading consultancy firm Deloitte on Renewable Energy, the global investments in Renewable Energy Sector will be facing a short term sluggishness. Under the said report titled as "Alternative Thinking 2013 Renewable Energy under the Microscope" Deloitte has done a through analysis of various...

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JSW Energy has put on hold its expansion projects owing to current regulatory issues...

  It seems that JSW Energy has put on hold its expansion project excluding the hydropower project due to the current regulatory issues being faced by the infrastructure projects in India such as power projects.   As per the company's announcement during the 19th Annual General Meeting of the company, "Pending clarity...

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Gujarat announces new wind policy giving higher tariff and exemption from electricity duty...

  Gujarat Government, has today announced a new wind energy policy providing higher tariff for wind purchase and exemption from electricity duty in addition to some other incentives.     As per the revised policy, The Tariff/price has been increased to Rs. 4.15 per unit which will be applicable for next 25 years....

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NTPC plans capital outlay of Rs. 89 Billion towards its 6 coal mines...

  National Thermal Power Corporation (NTPC) is considering to invest around Rs. 89 Billion for developing its own coal mines and subsequently reduce the share of imported coal.  Company is aiming to reduce the imported coal's share of its total consumption from 21% at present to 10% within three (3) years. Further, the move...

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Shri Infratech is considering to enter into the Solar Energy Sector...

  Shri Infratech, Delhi Based, Land & Infrastructure Development company is considering to foray into the Solar Energy Sector. According to the company, the main reason behind entering into Solar Energy Sector is the possibility of providing power to the village and rural towns & diminishing coal and oil resources. As per...

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Alstom T&D received Rs. 255.8 Crorers contracts from Power Grid Corporation for development of substations

  Alstom T&D India Ltd has received five contracts worth Rs. 255.8 Crorers from the Power Grid Corporation of India Ltd  (PGCIL) for development of substation at various locations.   The brief summary of the contracts won by Alstom T&D are: Two contracts worth Rs 166 crore for supply, erection, testing...

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Indian government to disallow the ecb from china for power projects to protect the domestic market...

  Indian Government has decided to disallow the cheaper External Commercial Borrowings  from China in terms of Yuan credit for power plants to protect the domestic power equipment manufacturers market. External Commercial Borrowings (ECB) refers to commercial loans from overseas lenders. It can be in the form of bank loans,...

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Jindal Power secured Rs. 5,418 Crores debts for its tamnar project in chhatisgarh...

  Jindal Power Limited, a wholly owned subsidiary of Jindal Steel and Power, has secured loans of Rs. 5,418 Crorers for two units of its upcoming 2,400 MW Power Generation Project at Tamnar in Chhattisgarh. The proposed Project will consist of four units of 600 MW each and will have investment requirement of around Rs. 13,500 Crores....

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Indian Government considering to bring back the tax and fiscal incentives to revive domestic wind market...

  It seems that the Indian Government is considering to revive the domestic wind energy market by reintroducing tax and fiscal incentives (Accelerated Depreciation and Generation Based Incentive) which were removed during the last year.     According to the Indian Wind Power Association (IWPA), the removal of above incentives...

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