CLP India adopted an innovative pooled financing structure for the wind projects...

  CLP India has signed a new Pooled Financing Structure for its wind assets with the syndicate of three banks, Standard Chartered Bank, IDBI Bank & IDFC to mitigate risks and ensure security to lenders. As per the company, the pooled financing will help secure CLP India's current and future assets and mitigate the inherent risk...

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WAAREE receives 25 MW Solar PV Project from roha in rajasthan...

  According to sources, one of India’s leading innovative solar solution companies, Waaree Energies Ltd has successfully acquired a turnkey order of a 25 MW Power Plant  from the Roha group which includes  the Designing of the plant, its technical and Engineering ground work, Installation process and Commissioning of the...

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Rajasthan issues RfP for 50 MW Solar PV Plants having capacity of 1 MW each...

  The Rajasthan Renewable Energy Corporation Limited (RRECL) has released an RfP for the selection of 50 Solar PV plants of 1 MW (AC) to be connected on 11 kV level at 33/11 kV Discom’s substation in the state. Some of the highlights of the RfP are PPA duration – 25 Years Selection process – Tariff based Competitive bidding...

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UERC issued APPC Order for the FY14 at Rs. 2.72 per unit...

  The Uttarakhand Electricity Regulatory Commission (UERC) has issued the Average Power Purchase Cost (APPC) for the Financial Year 2014 at Rs. 2.72 per unit. The definition adopted by UERC for the APPC is as follows: “weighted average pooled price at which the distribution licensee has purchased the electricity including the cost...

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India & US clinched a first commercial agreement on civil nuclear power co-operation...

  India and United States have clinched a first commercial agreement on the civilian nuclear power co-operation after the landmark civil nuclear deal five years before. Later in a joint statement, the two leaders noted that with government-to-government procedures agreed, commercial negotiations between India's nuclear operator...

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Solar energy conversion efficiency at 44.7%, a new world record !

  According to sources, the Fraunhofer Institute for Solar Energy Systems ISE, Soitec, CEA - Leti, and the Helmholtz Center Berlin jointly achieved a new world record for the conversion of sunlight into electricity using a new solar cell structure with four solar subcells. As per the researches, after more than three years of research,...

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Gujarat to install 60 MW roof top solar projects in next three years...

  The Government of Gujarat is planning to install around 60 MW of solar power generation capacity through roof-top units during the next three years and for that purpose a policy will be launched to attract manufactures. As said by the Gujarat Principal Secretary, Energy & Petroleum Department, the state currently is considering...

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Bihar government to invest Rs. 28,000 Crores for improving power scenario in the state...

  According to sources, the Bihar Government is planning to invest around Rs. 28,000 Crores to strengthen the state power sector in the next five years.     Out of the proposed amount Rs. 10,000 Crores will be used to improve the depreciated power infrastructures related to transmission & distribution...

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