National Thermal Power Corporation's (NTPC) 2000 MW of gas based power generation capacity is lying idle due to non availability of fuel (gas). The gas-based plants of the biggest power producer in India are running at 50% of their capacity of 4,000 MW due to lack of assured supply of gas. NTPC requires around 17.35 million...
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August 2, 2013
Suzlon Energy posted net loss of Rs. 1059 Crores during Q1 of 2013-14...
Suzlon Energy Limited (SEL) has posted a net loss of Rs. 1059.0 crores for the quarter ended June 30, 2013 which was Rs. 849 crores for the similar period last year. Performance of Suzlon, the world’s fifth largest wind turbine maker, was continue to be poor due to the rising forex losses and exceptional cost. Notional...
Prime Minister inaugurates BHEL's Tamil nadu Plants; asks BHEL to take lead in solar energy development...
During the inauguration of Bharat Heavy Electricals Limited's (BHEL) manufacturing plants at Tamil Nadu, the Hon'ble Prime Minister asked the company to take a leadership role for the solar energy developments in Indian not only in terms of power generation but also for the development of solar technology. The Hon'ble Prime Minister,...
Indian Government consider amendments in the Electricity Act 2003...
It seems that the Indian Government is considering to amend the Electricity Act 2003, which is the governing framework for the Indian Power Sector. The Electricity Act has brought together laws relating to generation, transmission, distribution, trading of electricity etc. However, amidst the crisis being faced by the Indian Power...
ITC Ltd plans to develop 48 MW Wind Project at Andhra Pradesh...
ITC Ltd is planning to develop 48 MW of Wind Power Project with an estimated investment of Rs. 300 Crores. As said by the company, the move is on the line of its efforts to increase the consumption from renewable energy and reduce the dependence on conventional energy. Around 40% of the company's consumption is coming from renewable...
UP Cabinet approves PPP Model in Power Transmission Projects...
Uttar Pradesh Cabinet has cleared the proposal of Uttar Pradesh Power Transmission Corporation Limited (UPTCL) regarding the Public Private Partnership (PPP) Model in Power Transmission Projects of the state. According the UPTCL, it will now be able to invite competitive tariff based bidding for such projects. In the first phase...
Vikram Solar's modules passed PID Test conducted by TüV Rhineland...
Solar Modules produced by the Vikram Solar has been certified by the TüV Rhineland as resistant to PID (Potential Induced Degradation). Vikram Solar is a Kolkata based leading solar module manufacturing company. Test on the modules manufactured by the company was conducted by TüV Rhineland at Germany for its resistance towards...
Mytrah Energy withdrew its plan of acquiring TVS Energy's 59.75 MW Wind Energy Assets...
Mytrah Energy seems to have been withdrew its planned acquisition of 59.75 MW wind energy assets of TVS Energy. Mytrah Energy along with some other companies were planning to acquire the wind energy assets of TVS Energy. However, recently it seems that Mytrah Energy has pulled out its bid from the race. According to sources, the...
Labels:
Acquisition,
Finance,
Mytrah,
News,
Projects,
Renewables,
TVS Energy,
Wind
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