Investment in Nuclear Energy Sector during the last three years for Department of Atomic Energy...

  Ministry of New and Renewable Energy has informed that during the years 2010-11, 2011-12 and 2012-13 an estimated investment of around Rs. 74,629 crore was made in renewable energy sector. It includes an expenditure of around Rs. 10,329 crore from Central Plan Outlay of Ministry of New and Renewable Energy, Government of India....

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Ming Yang Wins First 150-Megawatt Turbine Order in India...

  China Ming Yang Wind Power Group Ltd. (MY) won a 150-megawatt order in India after becoming the first Chinese turbine maker to receive approval to sell machines in Asia’s second-biggest wind market as sales slow at home. The project by an undisclosed developer in Maharashtra state will use 1.5-megawatt turbines, Hiren Shah, chief...

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Indian Renewable Energy Development Agency (IREDA) Disbursement of Rs. 2125.5 Crores...

  Total disbursements of Rs. 2125.50  crores have been made by Indian Renewable Energy Development Agency (IREDA) during the financial year 2012-13 to promote, develop and extend financial assistance for the renewable energy projects. The details of funds allocated to IREDA and disbursements made by IREDA by way of loan for...

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CERC releases draft multi-year tariffs for 2014-2019...

  The Central Electricity Regulatory Commission  has released, draft regulations  which will decide the multi year power tariffs for the  years between 2014-19. While this is the draft, it will set the basis of the  regulations that will  impact all regulated power generating & transmission  companies...

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CCI imposes Rs.1,773 crore penalty on Coal India, subsidiaries...

  The Competition Commission of India (CCI) has imposed a penalty of Rs.1,773 crore on Coal India Ltd (CIL), the country’s largest coal miner and its subsidiaries (Mahanadi Coalfields Ltd, Western Coalfields Ltd and South Eastern Coalfields Ltd). A spokesperson for the antitrust regulator said that the state-owned coal miner,...

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CERC draft tariff norms spook NTPC investors...

  At a time when elections are being fought and won or lost with the rise in electricity tariffs as a major debating point, the Central Electricity Regulatory Commission’s (CERC’s) new draft tariff rules try to ensure end-consumer benefits. The tight operating norms for a five-year period starting from fiscal year 2015 will, however,...

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