India’s power major, NTPC Ltd and the country’s top business school IIM-Ahmedabad on Tuesday announced a joint initiative to create a world class research institute at NTPC School of Business for policy prescription and churn out management graduates with focus on energy sector.
Tata Power Renewable Energy Ltd. (TPREL), India’s largest renewable energy company and Tata Power’s wholly-owned subsidiary, today announced that the Company has commissioned its 100 MW solar plant (50MW X 2) at Pavagada Solar Park in Karnataka.
State-run NTPC Ltd has been facing problems at several of its power projects due to issues related to equipment supplied by Bharat Heavy Electricals Ltd (Bhel), said several people aware of the developments.
NTPC Ltd, country’s largest power producer, plans to acquire operational coal-based power stations but only those built with Indian, not Chinese, equipment and with lower generation costs, which will keep many private plants out.
India’s wind power tariff fell to a record low of Rs2.64 per unit in an auction conducted by state-run Solar Energy Corp. of India (SECI) for 1 gigawatt (GW) of wind power contracts that ended in the wee hours of Thursday morning.