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Discom loss reduction: Cost curbs, tariff hikes held the key

  A reining in of the costs of electricity generation at state-owned power plants, tariff hikes and digital , illing-and-collection have enabled state-owned electricity distribution companies (discoms) under the Ujwal Discom Assurance Yojana (UDAY) to halve their losses to Rs 17,352 crore in FY18. According to official data reviewed by FE, average power purchase costs [...]

By | 2018-06-18T07:20:26+00:00 June 18th, 2018|News|0 Comments

Waaree Energies triples capacity with Vapi solar panel plant

The 1 GW Vapi solar panel plant is in addition to the 500 MW Surat plant, says Sunil Rathi of Waaree Energies, and the plan is to increase to 2 GW capacity Mumbai: Waaree Energies Ltd has tripled its solar photovoltaic (PV) module manufacturing capacity with a new 1 gigawatt (GW) facility in Vapi. This is [...]

By | 2018-06-18T04:40:20+00:00 June 18th, 2018|News|0 Comments

Gujarat Borosil to invest Rs 435 crore for expanding capacity

BHARUCH (GUJARAT),  Gujarat Borosil plans to invest around Rs 435 crore to more than double its manufacturing capacity of tempered solar glass by fiscal 2020. The company, which has a facility at Bharuch in Gujarat, currently manufactures 180 tonnes per day of 2 mm tempered solar glass, which is used on existing glass modules to [...]

By | 2018-06-18T04:05:15+00:00 June 18th, 2018|News|0 Comments

Amid plans to ramp up target from 175 GW to 227 GW: Transmission wrangles threaten to hold up green energy push

  The country’s flagship renewable energy programme is headed for rough weather on account of procedural wrangles among government agencies, including transmission utility Power Grid Corporation of India Ltd (PGCIL) and planning body Central Electricity Authority (CEA). Work on transmission corridors for future green energy has not taken off and it could force agencies such [...]

By | 2018-06-18T02:22:39+00:00 June 18th, 2018|News|0 Comments

Reserve Bank of India turns its back on power sector woes

  (17 Jun 2018) The power sector is unlikely to get any relief in the near future from its outstanding debt of Rs 1.8 lakh crore, as the Reserve Bank of India (RBI) has refused the Finance Ministry’s request to give forbearance to the sector. The matter escalating to a tug of war between the [...]

By | 2018-06-17T07:25:16+00:00 June 17th, 2018|News|0 Comments

Tripura mulls solar project

    Tripura is testing the feasibility of setting up grid-connected solar rooftop power plants on government buildings. The Tripura Renewable Energy Development Agency (Treda) has been asked to carry out a feasibility check on the project, which is expected to collectively generate 5MW of power, a senior official said on Saturday. Treda is the [...]

By | 2018-06-17T07:22:26+00:00 June 17th, 2018|News|0 Comments

RBI eases norms for FPIs to invest in debt; to help RE, Corp bonds

The RBI increased the FPIs cap on investment in government security to 30 per cent of the outstanding stock of that security. Mumbai: The Reserve Bank has eased investment norms for foreign portfolio investors (FPIs) in debt, especially into individual large corporates, a move that can help attract more overseas flows and thereby help arrest the recent [...]

By | 2018-06-17T06:54:08+00:00 June 17th, 2018|News|0 Comments

Tovihoto calls on union power minister R.K. Singh

  (17 Jun 2018) Tovihoto Ayemi, advisor (Power) along with senior officers from the department of Power presented the technical requirements of the state to R.K. Singh, union minister of state for Power and New Renewable Energy in New Delhi on June 15. A press release by PRO (IPR) Nagaland House, New Delhi, stated that [...]

By | 2018-06-17T04:14:03+00:00 June 17th, 2018|News|0 Comments

Chennai capable of creating 1.380GW solar power: Study

  (17 Jun 2018) Chennai has the potential to harness solar energy enough to reduce the demand by at least 20 percent says a report by Greenpeace India and Gujarat Energy Research and Management Institute (GERMI). The report, titled ‘Rooftop Revolution: Unleashing Chennai’s Rooftop Potential’ found that the total rooftop potential of the city was [...]

By | 2018-06-17T04:05:32+00:00 June 17th, 2018|News|0 Comments

Solar power installations see record surge in first quarter of 2018

This was the fifth quarter in a row where at least 2 GW of solar power generation capacity was installed. Coimbatore: The first quarter (Q1) of 2018 (January-March) was the best on record for solar power installations in India, with 3269 MW being installed in the country, a 34% increase compared to Q4 of 2017. Installations [...]

By | 2018-06-16T04:55:17+00:00 June 16th, 2018|News|0 Comments
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