Tata Power’s consolidated profit after tax (PAT) more than doubled in the quarter ended June on the back of strong performance of its coal and renewable energy businesses.
Under pressure, developers revise tariff to Rs 4.99/unit to Jharkhand from bids of Rs 5.08-7.95. The move will help developers sign power purchase agreements.
Private thermal projects are staring at muted power demand, which is the effects of non-remunerative tariffs partly due to aggressive bids and some adverse perception due to falling renewable tariff
The Rural Electrification Corporation (REC) management spoke to CNBC-TV18 from London on the listing of the company’s Green Bond Issuance.
As India is moving towards meeting its commitments under the Paris agreement on climate change, its renewable energy market is likely to witness a strong growth over many years, says Moody’s Investors Service.
The renewable sector is headed for trouble unless India adopts sweeping demand and supply side regulatory reforms for effective adoption of green power through grid management and long-term visibility to private sector investors feels Bridge to India.
Increased renewable capacity in post-Fukushima disaster will see Japanese thermal power generation decline to 40 per cent below 2015 levels by 2030, the Institute for Energy Economics and Financial Analysis (IEEFA) said on Tuesday.
Environment lobby split, TERI harps on mix of renewable and storage, CSE says coal power here to stay
The environment lobby seems to be a divided house with agencies like that of The Energy Resource Institute (TERI) and Centre for Science and Environment (CSE) taking different stand on the future of power generation in India
Record low Indian solar tariffs tendered at a groundbreaking auction may catalyze green investments and help tip the balance of new power to renewables and away from fossil fuels.
The Ministry of New and Renewable Energy (MNRE) is working on a set of guidelines to provide compensation to solar power generators in case they are asked to back-down capacity by distribution companies.