Susanta Kumar Roy has been appointed as Director (Projects), NTPC with effect from 19th January, 2018. Prior to this, Roy held the post of Executive Director(Projects), NTPC Roy is a Mechanical Engineering Graduate from REC, Durgapur and joined NTPC in 1981 as Executive Trainee.
Amplus Energy Solutions has signed an MoU with India’s leading bank Yes Bank for a strategic tie-up to co-finance projects in the solar energy sector in India.
The Diamond City has emerged as the country’s leading ‘solar smart city’ as per Akshay Urja, the bimonthly newsletter of the ministry of new and renewable energy (MNRE), government of India (GoI).
A novel idea is in the works to enhance power procurement by states through reducing the cost of electricity.New centralised bidding will be held and quotations for lump sum tariffs will be invited from power developers.
Independent experts Duff & Phelps and PricewaterhouseCoopers have revised the liquidation value of Bhushan Power & Steel upwards to Rs 20,000 crore, almost double their initial estimates, barely two weeks ahead of a deadline for submission of final bids for the bankrupt company, according to people briefed on the matter.
Five years ago, providing an answer to a question on the direction of energy prices would have been difficult. This was because prices were invariably linked to oil.
India will set up a $350 million fund to finance solar projects, Power Minister R.K. Singh said, as the country steps up efforts to achieve its ambitious target of adding 175 gigawatts (GW) in renewable energy by 2022.
Bharat Heavy Electricals (BHEL)is favoured to win part of NTPC’s tender to set up 750 MW solar park at Pavagada in Karnataka’s Tumkur district but its fate hinges on the power generator’s ability to sign purchase agreement with the home state .
State-run Energy Efficiency Services Ltd (EESL) has invited a bid for 2,000 electric vehicle chargers for the second phase of its EV programme, which will see the rollout of 9,500 electric vehicles across different states.
Tepid PLF growth and stressed financials to result in halving of investments in the convectional power generation; renewables, T&D to be the drivers hereon