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Monthly Archives: December 2011

India has the ability to build out cost-effective new smartgrid infrastructure

Q&A with Mark Gabriel Q:  What’s your interest in the India Smart Grid market? A: As U.S. leader in smart grid we provide expertise in the design, development and planning of intelligent infrastructure. And, as the world’s #1 energy and telecom firm and the major player in water infrastructure, we are active in the Indian market. Q:  What do you see as biggest opportunity and reason for modernizing India’s grid? A: India has a growing economy and growing demand. There ... Read More »

India adds 3.8GW grid connected renewable capcity during 2011, Wind contributes 2.8GW

The Ministry of New and Renewable Energy has intensified the deployment of various renewable energy technologies in the country for grid connected power generation and to improve energy access in rural areas. In the recent competitive solar tariff bidding, the tariff quoted are 50% less than they were when the Jawaharlal Nehru National Solar Mission was launched just two years ago. Renewable power is now being extensively propagated and used to provide energy access to the remote, inaccessible and difficult ... Read More »

India to Build 400 Megawatts of Solar, Two-Thirds Less Than Plan

According to reports, India will complete 400 megawatts of solar power connected to the grid this fiscal year, two-thirds less than previously forecast by state and central governments. India has so far built 180 megawatts during the year ending March 31, the Ministry of New and Renewable Energy said in an e- mailed statement today. Gujarat had planned to build more than 900 megawatts during the fiscal year as part of a regional solar program, according to documents obtained from ... Read More »

NTPC signs power purchase pact for 50 MW solar plant in Madhya Pradesh

According to reports, NTPC Ltd has signed a power purchase agreement (PPA) with MP Tradeco in Bhopal for supply of power from 50 MW solar PV (photovoltaic) power plant to be set up at Rajgarh in Madhya Pradesh. Expected to be commissioned by the year 2013, the 50-MW solar power from Rajgarh Solar PV shall be bundled with unallocated power from upcoming coal-based stations of NTPC by Government of India, according to a statement from NTPC. Read More »

APGenco commissions 1 MW solar PV unit

According to reports, APGenco has announced the commissioning of a 1.0 MW photovoltaic cell-based solar power plant at Priyadharsini Jurala Hydroelectric Project on Thursday. The plant has been synchronised with grid at 8.10 a.m. today. Commercial operation of the plant will start from Saturday. This project was allocated to APGenco under the JNNSM (Jawaharlal Nehru National Solar Mission) Phase – I programme by IREDA (Indian Renewable Energy Development Agency), Government of India. The project, executed with an outlay of Rs ... Read More »

India asks Central Public Sector Enterprises to Set up Renewable Energy Projects

In a move that is certain to provide further impetus to the REC market, the Government has recently decided to ask all Central PSEs to set up renewable energy projects or voluntarily procure Renewable Energy Certificates (RECs) as a part of their Energy Management Programme for sustainable development. The scope of the Energy Management Programme has been expanded by including Renewable Energy as a specific activity to be pursued by the Central PSEs. Read More »

Indian Banks See Highway Toll-Like Cash in Solar, Welspun Says

According to reports, Indian banks are willing to finance solar power projects if they see the potential to turn them into cash-generating assets like toll roads, said Welspun Energy Ltd., India’s biggest developer of photovoltaic plants. India’s first major batch of solar plants are nearing completion, encouraging banks to explore ways to securitize their cash flows the way they do with tolls from paid-for highways and other infrastructure projects, said Vineet Mittal, managing director of the energy unit of Leon ... Read More »

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