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July 31, 2013

Status of Financial Assistance provided by MNRE to West Bengal for off-Grid Solar projects ...

  Ministry of New & Renewable Energy during the financials years 2009-10, 2010-11, 2011-12 and 2012-13 had released around Rs. 11.78 Crores, Rs. 12.47 Crores, Rs. 8.12 Crores and Rs. 3.82 Crores respectively to West Bengal Renewable Energy Development Agency (WBREDA) for various off-grid and grid connected solar power projects....
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EDI of Tamil Nadu engages SunEdison for providing solar training to students...

  The Entrepreneurship Development Institute of Government of Tamil Nadu has engaged SunEdison to provide training related to solar projects and related aspects to the students of the institute. The proposed training program will be of four week duration with the coursework of 120 hours and to be held between 29th July to 29th August...
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CCI clears two Hydro Projects in Arunachal Pradesh...

  The Cabinet Committee on Investment (CCI) have approved setting up of two hydro power projects in Arunachal Pradesh. NHPC had signed an MoU (Memorandum of Understanding) in 2007 with the state for investing Rs 27,000 crore for setting up mega hydro projects by the end of the 12th plan period (2012-17). Currently, NHPC is construction...
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CIL arranges a meeting with government officials and public enterprise to discuss the modalities of importing coal...

  Coal India Ltd (CIL) has called a meeting with various government officials as well as public enterprises to discuss and finalize modalities for importing coal to meet the needs of various fuel starved power plants. CIL has issued a Pre Notice Inviting Tender (NIT) meeting for the above purpose. According to sources, this move...
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CEA's Monthly Review of Indian Power Sector - June 2013

    Central Electricity Authority (CEA) has published its monthly review of Indian Power Sector for the month of June 2013. Highlights of the same are as below:   Pan India Electricity Generation All India Generation for the month was 76 BU compared to 77 BU last year giving a negative growth of 1.25% and it...
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GE's Financial Services Arm has invested Rs. 257 Crores in Gati Infrastructure Ltd...

  GE Energy Financial Services, has invested around Rs. 257 Crores in Gati Infrastructure Ltd (GIL) through a share subscription agreement. Gati Infrastructure is owned by Mahendra Agarwal, founder and CEO, and his group firm Amrit Jal Ventures Ltd, an owner of special purpose vehicles (SPVs) with three hydro-electric power projects...
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NPTC's Net ProFit increased by 1.2% at Rs. 253.0 Crores...

  National Thermal Power Corporation (NTPC) has posted its results for the first quarter ended 30th June, 2013 and as per the same the net profit of the company was recorded at Rs. 2527.02 Crores which was higher by 1.2% compared to the level of Rs. 2498.67 Crores during the same period last year.   Also, the total income from...
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RPower Net ProFit remain Flat at Rs. 240 Crores...

  Reliance Power Limited, announced its consolidated financial reports on 30/07/2013 according to which the net profit of the company is around Rs. 240 Crores for the first quarter of 2013-14 which was Rs. 239.5 Crores in the corresponding quarter of previous financial year. Further the total income recorded was Rs. 1,206 Crores which...
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