Increase of 33% Coal Imports resulted in the increase of foreign exchange outgo of 44% during the Q1 of 2013-14...

  India's Coal Imports has been increased by around 33% during the first quarter of the current year due to constraints of the domestic coal availability; this has led to the foreign exchange outgo of around USD 1.0 Billion, a 44% rise from the earlier level of USD 1.3 Billion last year. During the Q1 of 2013-14, India has imported...

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NTPC is eying to buy distressed power projects...

  National Thermal Power Corporation (NTPC), the largest domestic power generator, seems to be planning to buy distressed power projects in its quest of capacity growth. According to the company, it is interested in acquiring distressed power assets provided the valuations are attractive and examination of the equipment used in...

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Adani Power posted Net Loss of Rs. 919 Crores for the Quarter ended June 2013...

  Adani Power Limited (APL), has posted a net loss of Rs. 919 Crores on standalone basis for the quarter ended June 2013 whilst the company had reported a net loss of Rs. 793 Crores in the corresponding period last year. Some of the other financials as released by Adani Power Ltd are as below: Total income from operations...

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10 MW Biomass based Power Project launched by Punjab Government at Mansa District...

  A 10 MW Biomass based Power Project has been launched at Mansa District in Punjab by the Bathinda MP and the Non Conventional Energy Minister of Punjab to promote harnessing electricity from clean energy sources. According to sources, the proposed project will be set up by Viaton Energy Private Ltd and the estimated investment...

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Indian Government plans to introduce Hydro Purchase Obligations (HPO) for the Distribution Utilities...

  The Indian Government is planning to promote the installation of hydro power projects by making it mandatory for the Distribution Utilities to purchase certain percentage of their electricity requirement from hydro projects. This is similar to the exiting mandate of Renewable Purchase Obligations (RPO) wherein the Obligated Entities...

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Welspun's 25 MW Solar Project in MP registered under CDM with UNFCCC...

  Welspun Energy Ltd, leading solar projects developer of India, registered its renewable energy plan with United Nations Framework Convention on Climate Change (UNFCCC). The program, called as "Welspun Renewable Energy Program", shall allow the addition of an unlimited number of solar and wind energy projects from India over 28...

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Update on REC Trading session of July-2013...

  On 31st July 2013, the first trading of Renewable Energy Certificate (RECs) for the 2nd Quarter of 2013-14 was conducted on the power exchanges Indian Electricity Exchange (IEX) and Power Exchange of India (PXI) which has witnessed the increased participation from buyer's for both Solar and Non-Solar segments. It seams that the...

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