Wind energy sector’s capacity addition will improve in near term, while the bid power tariffs in the recent wind power auctions inched upwards, an ICRA report said Wednesday.
The Oil and Natural Gas Corporation Limited (ONGC), a leading public sector undertaking in the country, has tendered a 5 MW grid-connected solar project to be developed at its Tatipaka site, located in the state of Andhra Pradesh.
ReNew Power chairman Sumant Sinha, ET Entrepreneur of the Year, said stress in the thermal sector serves as a lesson for renewable energy developers in India, but aggressive bidding to drive tariffs down is something that Indian businessmen find difficult to avoid.
The Government on Tuesday said it is planning to bring in more renewable power in the Indian energy mix and trying to create a balance in energy production through efficient but cleaner conventional power sources such as hydro
Solar energy would add power to all stations of Noida-Greater Noida Metro Rail corridor’s Aqua Line that would be operational soon, the Noida Metro Rail Corporation (NMRC) said on Monday.
Despite a slowing of the pace at which solar power projects are being built owing to tariffs plunging to levels unviable for the developers, the country has crossed a milestone on the renewable energy front.
The Montecristi Solar power plant in Guayubin, Dominican Republic. Author: PresidenciaRD. License: Attribution-NonCommercial-NoDerivs 2.0 Generic (CC BY-NC-ND 2.0)
The National Thermal Power Corporation (NTPC) has tendered 1,200 MW of interstate transmission system (ISTS)-connected solar photovoltaic (PV) projects to be developed in Maharashtra.
Solar project developers in the country continue to face curtailment issues and when it comes to states like Tamil Nadu, Andhra Pradesh, Karnataka, among others, the issue of curtailment is more challenging, falling somewhere between 10 and 25 percent.
Chairperson of the Joint Electricity Regulatory Commission (JERC) M K Goel said the government is serious about promoting renewable energy. It is wrong to assume that JERC has vested interests in promoting thermal energy alone, he said.