As world energy markets transform at an unprecedented rate, India is at the forefront of the shift towards profitable renewables given that the country’s solar belt has the potential of 749 GW for power generation.
Singapore-based power producer Sembcorp Industries Ltd is preparing to list its Indian unit, according to two people aware of the plan.
State-owned power equipment maker BHEL today said it will create a diversified portfolio for its next wave of growth that will include areas like solar energy, transportation and water business.
Secretary, Ministry of Coal Susheel Kumar reviewed the coal supply position to the Thermal Power Plants in the country. The meeting was attended by CMD CIL and all the CMDs of the subsidiary companies of CIL.
NTPC announced that 40 MW out of 50 MW of Rojmal Wind Energy Project of NTPC in Gujarat has been commissioned.
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 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
About 25,000-Mw capacity in thermal power is on sale but finding buyers is posing a challenge. Most promoter companies of the projects — some operational and others still under development — want to exit to lighten their debt.
Swaminathan Aiyar recently argued in a column that an accelerated adoption of solar energy by India could bring down some thermal power stations and hurt their financiers
With the commissioning of the third unit of the 3×660 MW Prayagraj Super Thermal Power Project (PSTPP), Bharat Heavy Electricals Limited (BHEL) has successfully executed the 1,980 MW coal-based supercritical thermal power project in Uttar Pradesh.