Rio Tinto (RIO +5.2%) says it appointed three former senior managers from the energy industry to its board as non-executive directors
Power Grid Corporation will invest close to R1 lakh crore in transmission sector projects in five years to 2024, which is likely to shoot up if the government approves the electricity storage projects in the coming years
Chief minister Raghubar Das on Wednesday promised to convert the state capital into a solar-powered city and light up 230 tribal villages with solar electricity by 2017.
The board of directors had approved the proposal for buyback of fully-paid shares from all shareholders not exceeding 10% of the paid-up equity capital and free reserves as on March 31, 2016, at a meeting held on February 7, 2017.
State-run hydro power company, NHPC Ltd informed the exchanges on Friday that it has fixed February 20 as record date for Rs. 2,616.59-crore share buyback offer. NHPC’s board has approved a proposal to buy back shares not exceeding 81.13 crore representing 7.33% of total shares at Rs 32.25 for a consideration of Rs. 2,616.59 crore.
The savings in electricity bills resulting from the Solar Project are expected to be more than approximately Rs 80 lakh per year. The Project is being implemented in President’s Estate in collaboration with Rural Electrification Corporation (REC).
Spending Rs 20 crore a year on electricity bills, Rashtrapati Bhavan which is not just the residence and office of the President of India but the President’s Estate is a small township, will soon able to cut its electricity bill by Rs 80 lakh after it switches to solar power.
Wind energy has surpassed hydropower as the biggest source of renewable electricity in the United States following the sector’s second-biggest quarter
Tata Power on Friday reported a 3.80 per cent drop in standalone net profit at Rs 282.62 crore for the December quarter.
Power equipment maker Siemens Ltd today said the company has won an order worth around Rs 101 crore from Delhi Transco Ltd.
Is Rs3 per kWh the new normal for Indian solar power tariff? The ongoing auction for world’s largest solar power plant in Madhya Pradesh
union Power Minister Piyush Goyal alleged that Chief Minister Akhilesh Yadav had distributed power connections in Uttar Pradesh on the basis of religion giving preference to Muslims over Hindus.