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September 28, 2013

MNRE sets solar energy target at 10,000 MW by 2017...

  Ministry of New and Renewable Energy (MNRE) has set a target of generation of 10,000 mw of power through solar energy by the year 2017. The minister for new and renewable energy Farooq Abdullah said that the phase I of the Jawaharlal Nehru National Solar Mission (JNNSM) has been very successful wherein 1685 MW of solar power was...
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Tata power is developing a 28.8 MW project in satara, Maharashtra to meet solar RPO of its distribution company...

  Tata Power Renewable Energy Limited (TPREL), the wholly owned subsidiary of Tata Power, is developing a 28.8 MW Solar PV Project in the Satara District in Maharashtra. The plant will be spread over around 130 acre of land. Electricity from the project will be supplier to the Tata Power's Distribution arm under a Power Purchase...
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Maharashtra to seek opinion from CAG/CVC on the proposed tariff hike for UMPPs of TATA Power & Adani Power...

  The Maharashtra Government has decided to take opinion from the Central Vigilance Commission or Comptroller and Auditor General, regarding the proposed tariff hikes of the Ultra Mega Power Projects (UMPPs) by Tata Power & Adani Power.  The Central Electricity Regulatory Commission (CERC) has asked Maharashtra to respond...
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ADB approved $500 million loan for transmission system of renewable energy projects in India...

  The Asian Development Bank has decided to provide a $500 million loan for the development of a transmission system for evacuation of renewable energy projects such as solar and wind energy in western India.   The loans from the Manila-based bank come at a time when India is looking to boost dollar inflows to prop up the...
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Power Trading Prices are at all time low...

  Prices of Power/Electricity being traded on the Power Exchanges have been reduced significantly on account of increased power generation, grid congestion and poor financial health of distribution companies. The Power Trading accounts for nearly 2.5% of the power being transacted in the Country. In the year 2008, the average Power...
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