Tata Power Co. Ltd plans to invest around $90 million (close to Rs600 crore) in equity capital in its renewable energy arm Tata Power Renewable Energy Ltd (TPREL) as the company seeks to develop its immediate pipeline of 320 megawatts (MW) of solar assets, two people aware of the development said.
Sajjan Jindal-led JSW Energy is exploring new opportunities in renewable energy space and transmission and distribution segment, the company said in its annual report 2016-17.
The recent aggressive bidding and adverse perception due to falling renewable tariffs have led to non-remunerative electricity tariffs causing a scenario of muted power demand for the private thermal power generation projects
Allianz has released its Climate and Energy Monitor 2017 ranking South Africa 10th among G20 countries for renewable energy investment conditions.
India’s powergrid needs to be upgraded if the plan to sharply step up power from renewable energy is to be successful, an energy expert has said.
At present, installed electricity generation capacity in India is about 330GW. About 17.5 % (57.5GW) is through renewable generation (wind: 32.3GW, small hydro:4.3GW, solar:12.5GW
As on 30.09.2015 total debt of all State owned DISCOMs was Rs. 3.95 lakh Cr. The 26 states and 1 UT which have joined the UDAY scheme account for total outstanding debt of Rs. 3.82 lakh Cr. Hence, ~97% of the total outstanding debt of all State DISCOMs has been covered under UDAY.
Minister Piyush Goyal launches POSOCO-IMD Weather Portal for Power Sector & Web Portal ‘MERIT’ (Merit Order Despatch of Electricity for Rejuvenation of Income and Transparency)
Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines Piyush Goyal launched Weather Portal for Power Sector in association with POSOCO and IMD at the meeting of the Forum of Regulators on Friday.
Memorandum of Understanding (MoU) for the year 2017-18 between NTPC and Ministry of Power, Govt of India was signed on 20th June, 2017.
India saw nearly $10 billion invested, both in 2015 and in 2016, in renewable energy projects. Last year, $1.9 billion of green bonds were issued. India’s solar targets alone need $100 billion of debt. Posting in the Bloomberg View opinion section, columnist Mihir Sharma, however, struck a slightly skeptical note. “India is not like China, or […]