India spot power price increases 39% YoY in July

India spot power price increases 39% YoY in July

Both the price and demand for spot power increased in India in July this year compared to the same month of 2017, but were down from June due to the arrival of monsoon, India’s largest power exchange said.

Yes Bank Lends Rs 750 Cr To Mahindra Group For Rewa Solar Plant

Yes Bank Lends Rs 750 Cr To Mahindra Group For Rewa Solar Plant

Yes Bank said it will lend Rs 750 cr to Mahindra Renewables Pvt. Ltd., part of the Mahindra Group, for constructing a 250 megawatt solar farm in the solar park at Rewa in Madhya Pradesh. The project has raised another Rs 200 cr from other financial institutions and achieved financial closure, the bank added. The […]

BHEL Completes 54 MW Captive Project In Indonesia

BHEL Completes 54 MW Captive Project In Indonesia

Bharat Heavy Electricals said it has commissioned a 54 MW coal-fired captive power project in Indonesia, calling it “yet another milestone in the South East Asian region.” BHEL has executed several projects in the region including projects in Malaysia, Taiwan, Thailand and Vietnam.