The Gujarat Urja Vikas Nigam Limited (GUVNL) paid a staggering Rs900 per month as fixed cost to power producers in the last two years, the state government revealed in the assembly on Thursday.
State Bank of India (SBI) has come out with a set of workable solutions to salvage three imported fuel-based power plants in Gujarat — the Mundra units of Tatas and Adani and Essar Power’s Salaya unit
The state purchased electricity worth a staggering Rs 47,000 crore from five private companies in the last six years, the Opposition Congress said in the assembly on Monday.
India’s daily average spot electricity price has nearly doubled over the last one month and is close to Rs 5 per unit, according to executives of India Energy Exchange, the country’s biggest electricity exchange.
It seems that solar power, which had been put on the backburner in Gujarat in the past few years, is back on the government’s radar.
With as many as 15 oil & gas blocks out of 55 on offer under the Hydrocarbon Exploration & Licensing Policy (HELP) located in Gujarat, the state holds the key to the success of the policy, a senior official said.
Mass-transit operator Metro Link Express for Gandhinagar and Ahmedabad (MEGA) has awarded a contract worth roughly €76.04m to the consortium of Siemens India and Siemens Germany for electrification works along the 39.2km Metro Express Link in Ahmedabad in the Indian state of Gujarat.
Taking a leaf out of Gujarat’s book on generating solar power using water canals, the UP government has decided to utilize its canals for this as well. It also plans to set up micro hydel plants across canals to generate electricity.
Essar Oilfields Services (India) Ltd (EOSIL), on Tuesday, announced that it has commenced a contract awarded by Mercator Petroleum to drill two firm oil wells and one optional oil well in the Cambay Basin, Gujarat.
Suzlon Group has commissioned its first operational offshore Met (meteorological) station in the Arabia Sea, the country’s largest renewable energy solutions provider said in a statement.