State-run PowerFinance Corp (PFC) plans to fund its acquisition of REC by borrowing Rs 7,000 crore from domestic banks, for which negotiations have begun and is likely to moderate its dividend payout as well as disbursements to loan accounts this financial year. The company is also banking on a special dividend from REC Ltd after the [...]
State-run PowerFinance Corp (PFC) plans to fund its acquisition of REC by borrowing Rs 7,000 crore from domestic banks, for which negotiations have begun, and is likely to moderate its dividend pay out as well as disbursements to loan accounts this financial year. The company is also banking on a special dividend from REC Ltd after [...]
The minister told the house that the entire capacity of 3GW Tranche-I (of the NTPC) has been awarded and the capacity of 2.75 GW has already been commissioned and remaining 0.25 GW capacity is under construction New Delhi: The government has dropped its plan to install 12 GW of solar capacity out of total 15 GW envisaged [...]
The minister told the house that the entire capacity of 3GW Tranche-I (of the NTPC) has been awarded and the capacity of 2.75 GW has already been commissioned and remaining 0.25 GW capacity is under construction New Delhi: The government has dropped its plan to install 12 GW of solar capacity out of total 15 GW envisaged [...]
ABB is in discussions with Hitachi to expand and re-define an existing strategic power-grid partnership between the two companies that dates to 2014 Tokyo: ABB Ltd. and Hitachi Ltd. said they are in talks for a deal on power grids after the Swiss engineering giant was reported to be considering putting the division on the block [...]
Dec 13 (Reuters) - U.S. solar installations fell 15 percent in the third quarter as the Trump administration’s tariffs on overseas-made panels forced developers to put off large projects, according to a report commissioned by the industry’s primary trade group. Current weakness in the utility-scale market, however, will be offset by larger volumes of projects [...]
With polluted air and a coal-hungry economy, India is using the UN climate conference to show the world it can continue rapid development without fossil fuels. But the South Asian country still runs on dirty energy. Asian economic giants, India and China are using the global stage laid out at the UN climate conference currently [...]
Wind contributes 35 GW, solar 24 GW With the rapid growth in capacity addition on the back of strong government push, the renewable sector now accounts for more than one-fifth of the country’s overall installed power capacity, a significant achievement in the clean energy push. As of October 30 this year, the total installed [...]
The imposition of safeguard duty on the import of solar cells — the basic ingredient needed to manufacture solar panels — is starting to show its effect. In the first six months of FY19, the country imported solar cells worth $1,038 million, 47% lower than what was imported in the corresponding period a year [...]
HOUSTON (Reuters) - German engineering firm Siemens (SIEGn.DE) plans to dismiss about 200 workers at a gas turbines parts and components service center in Houston, Texas, next year due to weaker global demand, a company spokesman said on Tuesday. The Texas operation will close between late 2019 and 2020, according to the spokesman, who called [...]
