Arunachal village to tackle power crisis with solar energy…

  Wildlife Trust of India (WTI) in collaboration with the Arunachal Pradesh Environment & Forest department has distributed solar energy equipment to about 25,000 households in Mayudia village. The package includes one solar panel, one chargeable multipurpose battery unit, one table lamp and an emergency light. ‘It would be of great...

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Chinese power firms in India under pressure due to rupee…

  Chinese power generations companies which rapidly expanded operations in India in recent years are complaining of pressure due to depreciation of rupee and appreciation of China's currency RMB, saying it has eroded their profits. Indian rupee devalued about 20 percent at one stage in 2013, while the RMB appreciated five percent,...

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Suzlon to list REpower on LSE this year: Sources…

  Debt-ridden  Suzlon Energy is looking to list its 100 percent owned German subsidiary REpower on the London Stock Exchange this year. IPO size is likely to be around USD 600-750 million, with Suzlon diluting 40-50 percent of its total stake. This pegs REpower’s expected valuation at USD 1.2 billion. Sources say Suzlon Energy...

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Peak power deficit in India rises to 4.2 per cent in December: CEA…

  India's peak power shortage increased to 4.2 per cent, or 5,547 MW, in December from a month earlier due to lower hydroelectric and wind power production, according to official data. Electricity demand in the country last month was 1,32,786 MW, of which 1,27,239 MW was met, data with the Central Electricity Authority (CEA) showed....

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JNNSM Phase II: Solar developers show preference for imported equipment…

  The latest round of bidding for solar projects under the Jawaharlal Nehru National Solar Mission (JNNSM) has attracted an overwhelming response from solar project developers — bids were received from 68 companies for 122 projects for a total of 2,170 MW, against the allocation target of 750 MW. The US-headquartered Azure Power (200...

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Jammu & Kashmir Government to install solar power plants in 18 ITI’s…

  Minister of State for Technical Education (Independent charge), Power, Information and Rural Development Department, Vikar Rasool Wani inaugurated 66.24 KW capacity Solar Power Plant constructed at a cost of Rs. 1.62 crore at Women’s Industrial Training Institute (ITI) at Pampore here today. On the occasion,   Vikar said...

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Tangedco keen on settling contracts for three thermal projects…

  With the Union Ministry of Environment and Forests issuing environmental clearance for the 1,320-MW (megawatt) Ennore Special Economic Zone (SEZ) thermal power project early this month, the Tamil Nadu Generation and Distribution Corporation (Tangedco) is keen on settling contracts for three thermal power projects of 3,300 MW before...

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India Draws Bids for Triple Solar Capacity Offered for Phase II of National Solar Mission…

  India received bids for almost triple the 750 megawatts of solar capacity offered after enticing developers with grants for the first time that will cover part of the cost of the plants. The state-run Solar Energy Corp. of India received 58 bids for 2,170 megawatts in the country’s first national auction of photovoltaic licenses in...

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Cabinet clears SPV for Neemrana model solar power project…

  A cabinet panel Monday approved the formation of a Special Purpose Vehicle (SPV) for implementing a model solar power project at Neemrana in Rajasthan. "The Cabinet Committee on Economic Affairs has approved the formation of a SPV for implementation and operation of the model solar power project at Neemrana, Rajasthan as a 100 percent...

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