Auto parts makers plan 50-Mw solar capacity in Tamil Nadu...

  A consortium of automotive component manufacturers in Chennai is planning to set up around 50-Mw solar power capacity in Tamil Nadu with an investment of Rs 300 crore over the next 2-3 years. The power produced from here will be used for captive purpose. At today's rate, setting up a one mega watt of solar farm would cost Rs 6-6.5...

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Energy bourses expect 5% market share of power trade by FY 16...

  Power exchanges aim to grab at least 5 per cent market share of all India power trading volume, estimated at 800 billion units, on new regulations and market-friendly products. The market share will rise from current 2.5 to 3 per cent of the pie, they said. "Power exchanges can provide electricity for as short as 15 minute period...

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Tata Power scouts for local partner for Vietnam project...

  Private power firm Tata Power on Thursday said it is looking for a local partner in Vietnam for the proposed 1,320 MW project in the Southeast Asian country.   “We are looking for a local partner in Vietnam, we would like to keep 80% of the equity in the project,” Tata Power managing director Anil Sardana told reporters in...

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NTPC, IOC set up Pilot Plants for bio-fixation of Co2 Emissions from the power projects...

  NTPC on Thursday said the power producer along with Indian Oil Corporation Ltd have set up a pilot plant for bio-fixation of carbon dioxide at Faridabad power station. “Two conjoining algae ponds of area have been constructed to draw carbon dioxide from stacks at the project. The inoculation in small pond was done earlier in the...

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Haryana, UP, Rajasthan, TN start Loan restructuring process for the Rs. 43,000 Crores power loan...

  As many as four states-Haryana, Uttar Pradesh, Rajasthan and Tamil Nadu-have taken over Rs 43,000 crore worth of short-term liabilities from their power distribution companies as part of the government's loan rejig process. Four states have already started restructuring their short-term liabilities of the discoms, about Rs 43,000...

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Mahindra EPC's Successful Commissioning Of Solar Projects In Tamil Nadu...

  After the successful commissioning of over 80MW of solar projects across India, Mahindra EPC is pleased to announce the successful commissioning of its first solar projects in Tamil Nadu, which were executed in a record-breaking 40 days for some of India's leading automotive component manufacturers. It gives us immense pleasure...

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Kerala Solar Policy 2013 intends to introduce generation based incentives instead of capital subsidy...

  The Kerala Solar Energy Policy 2013, which seeks to increase the state’s installed solar power capacity to 500 MW in 2017 and 1500 MW by 2030, intends to make solar water heating system (SWHS) mandatory in industrial buildings, government and private hospitals, resorts and hotels. The policy, unveiled on Wednesday, speaks of generation-based...

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Indowind Energy honours $6.5-million FCCBs...

  Indowind Energy Limited, a Chennai-based company that sells ready-to-buy wind farm projects to corporates and green power to corporates and electricity boards, has honoured foreign currency convertible bonds (FCCBs) amounting $6.5 million (approximately Rs 40.4 crore) and cancelled the same. With this, the total cancelled FCCBs...

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according to Telangana Power Association, 4000 MW capacity to be installed to avoid severe electricity crunch in the state...

  Telangana region might face electricity crunch post-bifurcation and around 4,000 mw power generation capacity should be built in the region, said K Raghu, honorary president, Telangana Electricity Employees Welfare Association (TEEWA), at its launch at Sundarayya Vignana Kendram, on Wednesday. TEEWA has members from APGenco, Transco,...

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Performance data of solar projects under National Solar Mission Phase 1 for the month of October 2013 as issued by mNRE...

  The Ministry of New & Renewable Energy has published the performance data of the solar projects commissioned under National Solar Mission Phase 1 along with the schemes of migration and RPSSGP.   List of Generation and PLFs achieved by the projects under NSM Phase 1 Batch 1 are tabulated below: SN ...

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