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

ArcelorMittal to submit bid for Essar 1,200 MW Mahan project by April 22

  ArcelorMittal, which surpassed the one-time settlement offer of Essar promoters for 2×600 MW Mahan thermal power project in Madhya Pradesh, will submit its bid by April 22. The bid will then be opened for [...]

By | April 18th, 2019|Categories: News|Comments Off on ArcelorMittal to submit bid for Essar 1,200 MW Mahan project by April 22

For Subansiri okay, Govt looks at report of panel under judicial scrutiny

  To decide the fate of the 2000 MW Subansiri Lower hydroelectric project, the Environment Ministry has turned to a report of a committee it set up, the constitution of which has already been challenged [...]

By | April 18th, 2019|Categories: News|Comments Off on For Subansiri okay, Govt looks at report of panel under judicial scrutiny

Hero arm, Azure Power to raise $1 bn from bond sale

    Hero Group’s renewable energy arm and NYSE-listed Azure Power are gearing up to raise $1 billion by selling bonds to overseas investors over the next few weeks in separate offerings, according to people [...]

By | April 18th, 2019|Categories: News|Comments Off on Hero arm, Azure Power to raise $1 bn from bond sale

Mahindra Susten looks to sell around 160MW of solar power assets

The sale could fetch an enterprise valuation of close to ₹2,000 crore Avendus Capital is managing the sale process for solar assets Mumbai: Mahindra Susten, the renewable business arm of the Mahindra group, has launched a formal [...]

By | April 18th, 2019|Categories: News|Comments Off on Mahindra Susten looks to sell around 160MW of solar power assets

Gujarat: Private firms got Rs 15 per unit of solar power, but farmers offered only Rs 7

Experts claim that though the price of solar power has fallen considerably, the government has continued to pay 2010 rates to private firms. The Gujarat government, which has promised to buy solar power from farmers [...]

By | April 17th, 2019|Categories: News|Comments Off on Gujarat: Private firms got Rs 15 per unit of solar power, but farmers offered only Rs 7

Higher subsidy will boost rooftop solar in TS

HIGHLIGHTS To give a big push for rooftop solar panel installations, the Central government has increased subsidy from the current 30 percent to 40 percent, a move which will be boost rooftop solar capacity in [...]

By | April 17th, 2019|Categories: News|Comments Off on Higher subsidy will boost rooftop solar in TS
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