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Daily Archives: October 4, 2011

ADB loan to help India upgrade transmission systems to tap hydro potential in Himachal Pradesh

According to reports, the Asian Development Bank (ADB) is providing loans of up to $350M for transmission system upgrades to help the Indian state of Himachal Pradesh take greater advantage of its vast hydropower resources. The ADB Board of Directors has approved the multitranche financing facility for the Himachal Pradesh Clean Energy Transmission Investment Program, with a first investment of $113M. Himachal Pradesh, a small mountainous state with five major rivers, has about a quarter of India’s total potential hydropower ... Read More »

Alstom India plans to consolidate position-focus on power sector including renewable energy

According to reports, Alstom India has launched a comprehensive plan to consolidate its position in the country, especially after the 12th Five-Year Plan has projected an investment requirement of $1 trillion in the infrastructure sector alone. The Indian subsidiary of Paris-headquartered Alstom Group, which is a global leader in power generation, transmission and rail infrastructure, has decided to extensively focus on the power sector including renewable and thermal power and urban transportation like metro and high-speed trains. Alstom India, undeterred ... Read More »

Reliance Power to double Vashpet wind farm capacity to 400MW at a cost of Rs. 30 billion

Just last week, addressing shareholders at the annual general meeting, Mr Anil Ambani, Chairman, Reliance Power, said R Power was building the largest wind power project in Maharashtra (200 MW) with an outlay of Rs 1,400 crore. According to reports, Anil Ambani-led Reliance Power (R-Power) has decided to double its capacity at the Vashpet wind power project in the Sangli district of Maharashtra from 200 MW to 400 MW at a cost of Rs 3,000 crore. The capacity augmentation will be ... Read More »

Repower to Supply Turbines to 122-Megawatt Netherlands Wind Farm

According to reports, Repower Systems SE, a German wind turbine maker, won an order to supply its machines to a 122- megawatt wind farm in the Netherlands owned by Swedish utility Vattenfall AB. Hamburg-based Repower, a unit of Asia’s third-largest turbine maker Suzlon Energy Ltd. of India, signed a contract for the supply of 36 turbines with 3.4 megawatts of capacity each with Zuidlob Wind, a Vattenfall unit, Repower said today in a website statement. Financial details weren’t disclosed. The ... Read More »

Caparo Energy is now Mytrah Energy, plans big

According to reports, Caparo Energy Ltd has unveiled a new brand identity by re-christening itself as Mytrah Energy Ltd. The name ‘Mytrah’ means the Sun in Sanskrit, while the logo symbolises the Sun’s rays. Mytrah Energy (previously known as Caparo Energy) has plans for large utility scale wind farms across the country and aims to install 5,000 MW capacity in India by 2017. Mr Ravi Kailas, Chairman and CEO, Mytrah Energy, in a statement said, “While our core values remain ... Read More »

Soon, solar power panels on Narmada canal: Narendra Modi

According to reports, Chief Minister Narendra Modi on Monday said that the state government was working on plans to tap renewable energy sources to the fullest and expressed resolve to make the state a global hub for renewable energy. “Gujarat has great potential in solar energy. Even if only 0.01% of the state’s total area is set aside, there is a potential to generate 10,000 MW of solar energy,” Modi said at a seminar on renewable energy in Gandhinagar. The ... Read More »

Evacuation issues haunt wind power producers in Tamil Nadu

According to reports, “No more in Tamil Nadu,” says Mr P.P. Gupta, folding his hands in resignation, “until grid issues are resolved.” For the Managing Director of Techno Electric & Engineering Company, the topic of transmission infrastructure in Tamil Nadu – a State in which the company has heavily invested – is always touchy. This is understandable, since Techno Electric lost 50 million units in generation due to “forced back-down”. At the average price that the State-owned electricity utility, TANGEDCO, ... Read More »

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