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

PFC plans to borrow INR 7000 Crore from domestic banks to fund REC deal

  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 [...]

By | December 14th, 2018|Categories: News|Comments Off on PFC plans to borrow INR 7000 Crore from domestic banks to fund REC deal

Govt drops plan to install 12 GW solar capacity through NTPC

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 [...]

By | December 14th, 2018|Categories: News|Comments Off on Govt drops plan to install 12 GW solar capacity through NTPC

Hitachi, ABB confirm talks on potential deal on power grids

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 [...]

By | December 13th, 2018|Categories: News|Comments Off on Hitachi, ABB confirm talks on potential deal on power grids

U.S. solar takes hit from Trump tariffs but is cheaper than ever -report

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 [...]

By | December 13th, 2018|Categories: News|Comments Off on U.S. solar takes hit from Trump tariffs but is cheaper than ever -report
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