Center withdraws its previous green order on Western Ghats...

  Giving way to politics by ignoring green concerns, the Union environment ministry on Friday withdrawn its "in principle" approval given to the Kasturirangan panel report that prohibited activities like mining, quarrying and setting up thermal power plants and other high polluting industries in 60,000 sq km area of the Western Ghats...

Read More...

GMR, IFC to develop 600 MW hydro-power project in Nepal...

  GMR Energy Limited, the energy arm of Indian infrastructure major GMR Group, has signed a Joint Development Agreement (JDA) with the International Finance Corporation (IFC), a member of the World Bank Group, to jointly develop the 600 MW Upper Marsyangdi-II hydro-power project in Nepal. The 600 MW Upper Marsyangdi-II project is...

Read More...

Alstom T&D India bags contracts worth Rs 298 crore in HP...

  Alstom T&D India on Friday said it has received two orders worth Rs 298.3 crore for supplying equipment for power stations in Himachal Pradesh. "Alstom T&D India has been awarded two contracts with a total value of Rs 298.3 crore to supply two gas-insulated substations (GIS) at Wangtoo and Gumma in Himachal Pradesh," an...

Read More...

Gujarat Model: Now solid waste management for power generation in 50 cities...

  After getting lauds for Gujarat model which has become a benchmark for development, Gujarat is planning to launch new pilot project across the State which will generate power and fertilizer from solid waste. Gujarat Chief Minister Narendra Modi on Thursday announced that the State Government will run a pilot project to set up solid...

Read More...

NCC close to selling its thermal power assets to Sembcorp...

  Infrastructure firm NCC has signed a detailed term sheet to sell its thermal power assets to Singapore global utilities services firm Sembcorp, moving a step closer to a definitive agreement, said two people aware of the development. The development comes days after France's power GDF Suez agreed to buy a 74% stake in Meenakshi...

Read More...

India Wind Power Association moves Tribunal challenging Tamil Nadu’s move to buy thermal power...

  The India Wind Power Association (IWPA), a representative of wind energy producers, has launched a fresh challenge against the Tamil Nadu government's decision to buy thermal power, instead of using available wind power, to tide over shortages. On Thursday, the association moved the Appellate Tribunal for Electricity, the appeals...

Read More...

EU firms set to enter India’s renewable energy market...

  In their move to look beyond their boundaries and even beyond Europe, smaller EU countries are keen on tapping the growing Indian energy sector. While bigger players like France, Germany, the UK are looking at being part of India’s nuke journey, relatively smaller players like Poland, Portugal, Belgium, Lithuania, Czech Republic...

Read More...

‘Take my roof, give me solar power’ concept catching up in TN...

  Industries and commercial establishments in Tamil Nadu are letting out their lands or rooftops in return for cheaper solar power. Various speakers and participants at a solar conference held here to unveil the Tamilnadu Energy Development Agency (TEDA)-sponsored ‘Renergy 2014’ event, stressed that the so-called ‘opex model’ is...

Read More...

Ideal Energy seeks Rs. 1,300 Cr loan recast...

  Ideal Energy Projects Ltd has approached a group of six lenders led by state-owned Canara Bank Ltd to recast Rs. 1,300 crore worth of loans on the corporate debt restructuring (CDR) platform after its business was crimped by weak demand for power amid slower economic growth. The proposal by Ideal Energy, a company promoted by the...

Read More...

Policy patronage puffs up NTPC’s power show while private peers lag...

  On the face of it, state-run power major NTPC continues to outperform most of its private peers which have entered the fray in less than a decade, by raking in higher profits in relation to revenue. However, this has mostly to do with relative regulatory flexibility and policy support enjoyed by the PSU’s plants, with little contribution...

Read More...

More Indian airports are planning to tap solar energy...

  Airports in India are increasingly looking to solar power. After Delhi International Airport Ltd (DIAL) announcing last week that it had set up a 2.14 MW solar power plant, Cochin International Airport Ltd (CIAL) has said it too has set up a 1 MW plant. Though the plant at CIAL is up and running, it is yet to be formally inaugurated....

Read More...

Maharashtra Government to reduce power tariff for Vidarbha Industries...

  In a big relief to the Vidarbha industries, the Maharashtra government, on Thursday, declared that it would reduce the recently increased power tariff for the industries on an urgent basis. Industries minister Narayan Rane made the announcement in the assembly while replying to a calling attention motion move by MLA Devendra Fadnavis...

Read More...