Monthly Archives: May 2019

Suzlon Q4 net loss narrows to Rs 294.64 crore

  Suzlon Energy's Thursday said its consolidated net loss for the March quarter narrowed to Rs 294.64 crore from Rs 469.85 crore a year ago, mainly due to lower expenses. Total consolidated income from operations declined to Rs 1,450.47 crore in the fourth quarter of 2018-19, compared to Rs 2,189.18 in year-ago period, the company [...]

2019-05-31T09:34:23+00:00May 31st, 2019|News|Comments Off on Suzlon Q4 net loss narrows to Rs 294.64 crore

Get ready to shell out more for power in Karnataka

    Power consumers in the state will have to shell out more as the Karnataka Electricity Regulatory Commission (KERC) has hiked the tariffs up to 33 paise per unit on an average. This revision will come into effect from April 1, 2019. The hike will be applicable to all the Discoms in the state, [...]

2019-05-31T09:31:18+00:00May 31st, 2019|News|Comments Off on Get ready to shell out more for power in Karnataka

Chandigarh: Tariff fixed for electric vehicle charging stations

For the first time, the Joint Electricity Regulatory Commission (JERC) has fixed tariff plan for electric vehicle charging stations in the city. Recently, the UT electricity department, in its power tariff petition, had proposed a tariff plan for such stations, which the administration plans to set up in different parts of the city. In its latest [...]

2019-05-31T09:28:38+00:00May 31st, 2019|News|Comments Off on Chandigarh: Tariff fixed for electric vehicle charging stations

NCLT no to Essar Power proposal to settle dues for Jharkhand unit

    National Company Law Tribunal (NCLT) has rejected the proposal of Essar Power Jharkhand to settle its dues to the lenders, led by ICICI Bank. The NCLT will take up the matter for further hearing on June 7. ICICI Bank moved the NCLT in January 2018 to recover its dues. Essar Power Jharkhand owes [...]

2019-05-31T09:25:03+00:00May 31st, 2019|News|Comments Off on NCLT no to Essar Power proposal to settle dues for Jharkhand unit

Vid farmers to get 3,900 solar pumps soon

Nagpur: With the election code of conduct no longer in force, MSEDCL has launched a drive to provide solar farm pumps to Vidarbha’s farmers under the Mukhyamantri Saur Krishi Pump Yojana (MSKY). According to company officials, over 3,900 farmers will get the pumps soon. Around 50 of them have already been provided these pumps after [...]

2019-05-31T03:21:13+00:00May 31st, 2019|News|Comments Off on Vid farmers to get 3,900 solar pumps soon

India Allocates 720 Megawatts In Second Solar-Wind Hybrid Auction

Results of India’s second national-level solar-wind hybrid auction are in. While capacity allocated to project developers has declined, there remains a silver lining for the Solar Energy Corporation of India (SECI) in terms of price bids. Following the disappointing response of project developers to SECI’s second solar-wind hybrid tender, the financial bidding round of the [...]

2019-05-31T02:33:28+00:00May 31st, 2019|News|Comments Off on India Allocates 720 Megawatts In Second Solar-Wind Hybrid Auction

Tata Power arm TPREL to develop 100-MW solar power project in Gujarat

The power generated from the project will be supplied to GUVNL under a PPA valid for 25 years from the scheduled commercial operation date, according to the statement New Delhi: Tata Power said Thursday its arm Tata Power Renewable Energy Ltd (TPREL) will develop a 100-MW solar power project in Raghanesda Solar Park of Gujarat. "TPREL has received a letter of award [...]

2019-05-31T02:00:50+00:00May 31st, 2019|News|Comments Off on Tata Power arm TPREL to develop 100-MW solar power project in Gujarat

Punjab: Power tariff hike irks businessmen, say production cost to go up

    The hike in the rates of power for all categories of industrial consumers by 8 paise per unit has created an uproar among the city businessmen. They are of the view that the hike will lead to an increase in the cost of production. The Punjab State Electricity Regulatory Commission (PSERC) on Monday [...]

2019-05-30T14:54:07+00:00May 30th, 2019|News|Comments Off on Punjab: Power tariff hike irks businessmen, say production cost to go up
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