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News 2017-12-21T16:46:04+00:00

Lowest Tariff of 2.79 cents/kWh Quoted in Egypt’s 200 MW Solar Auction

The lowest tariff was quoted by Fotowatio Renewable Ventures The Egyptian Electricity Transmission Company (EETC) has announced the financial bids for the construction of a 200 MW solar power plant in Kom Ombo, according to the [...]

By | August 14th, 2018|Categories: News|Comments Off on Lowest Tariff of 2.79 cents/kWh Quoted in Egypt’s 200 MW Solar Auction

Finance Ministry defers safeguard duty on solar cells in view of court order

Last month, India had imposed safeguard duty on solar cells imports from China and Malaysia for two years to protect domestic players from steep rise in inbound shipments. The duty was imposed following recommendations by [...]

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SDMC proposes to issue municipal bonds worth Rs 500 cr for 10 yrs

New Delhi, Aug 13 (PTI) The South Delhi Municipal Corporation has set the ball rolling for the issuance of municipal bonds worth Rs 500 crore, seeking to fund two important projects, officials said today. The [...]

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KKR to buy control of REEL for $530 million, one of India’s biggest buyouts

HONG KONG (Reuters) - Private equity firm KKR & Co said it will acquire a 60 percent stake in India’s Ramky Enviro Engineers Ltd (REEL) for $530 million, adding it was one of India’s largest [...]

By | August 13th, 2018|Categories: News|Comments Off on KKR to buy control of REEL for $530 million, one of India’s biggest buyouts

Preference for state utilities led to power sector stress: RBI

  The Reserve Bank of India (RBI) has said that stress in the power sector has been caused by state-run utilities being favored at the expense of private ones amid an escalating row with the [...]

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Power struggle: Discoms dues to gencos rise 30 percent, unpaid dues to 23 power producers stand at INR 44,195 Crore

  While the government, Reserve Bank of India and the judiciary are grappling with the issue of stressed power projects worth Rs 2.5 lakh crore, the electricity distribution companies (discoms) are adding to the latter’s [...]

By | August 13th, 2018|Categories: News|Comments Off on Power struggle: Discoms dues to gencos rise 30 percent, unpaid dues to 23 power producers stand at INR 44,195 Crore
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