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Daily Archives: April 16, 2012

Techno Electric & Engineering Company Ltd commissions 40MW waste heat captive power plant

According to reports, Techno Electric & Engineering Company Ltd  (TEECL) — an EPC contractor — today announced commissioning of a captive power plant for Bengal Energy Ltd, Kharagpur, in West Bengal. The 40 MW plant will generate electricity from waste heat gas from a coke oven battery. The Kolkata-headquartered TEECL is a listed entity and owns 207 MW of wind energy assets through a subsidiary. The company also has its own transmission networks. Read More »

Pure-play carbon credit companies in crisis in India

According to reports, the crash in carbon credit prices globally has served a crushing blow to companies operating in this space in India. Firms, whose business models were based purely on profit from sale of carbon credits, have either closed down or substantially downsized their operations. A carbon credit is a type of a tradable greenhouse gas emission reduction unit issued to projects under the  Kyoto Protocol. One carbon credit is equivalent to one tonne of carbon dioxide (CO2) mitigated. ... Read More »

Centre at IIM-A to launch $25-mn cleantech fund

According to reports, the Indian Fund for Sustainable Energy (Infuse) at the Centre for Innovation, Incubation and Entrepreneurship of the Indian Institute of Management, Ahmedabad, is to launch a $25-million fund. This fund will invest in entrepreneurial solutions across the cleantech vertical. The fund has International Finance Corporation (IFC) as an investor, with a commitment of up to 20 per cent of the fund size. Infuse is backed by BP Ventures, the Union ministry of new and renewable energy and ... Read More »

Soon, Golden Temple may dish out solar-cooked langar

According to reports, the day may not be far off when food cooked by solar energy may be served to the devotees at the Golden Temple. Union Minister for New and Renewable Energy Farooq Abdullah, who on Sunday paid obeisance at the Golden Temple, said he will ask officials to carry out a feasibility study for the project. “After conducting surveys, Punjab Energy Development Agency (PEDA) had submitted a proposal to the ministry for setting up solar cooking system at ... Read More »

Maharashtra utility proposes 125MW solar project at Rs. 11 billion

According to reports, the Maharashtra Electricity Generation Corporation is planning to set up a 125 MW solar energy project, estimated to cost at Rs 1100 crore, at Malkhed village in Yavatmal district subject to the approval. “The proposal will soon be submitted to the Centre for its due approval,” sources said.Divisional Forest Officer Sudhakar Dhole said the plant would be set up on 700 hectares of land near the village and a NOC was also given to the state utility. ... Read More »

India will be a global sourcing hub for solar projects: William D Gallo – Areva Solar

Interview with president and chief executive officer, AREVA Solar AREVA Solar, the US-headquartered renewable energy subsidiary of the French nuclear energy group, AREVA, has an ambitious plan to tap the growing solar market in India as a technology provider. William D Gallo, president and chief executive officer, tells Sanjay Jog they propose to make India a hub to source solar technology for their international operations. Edited excerpts: Why has India been chosen to pursue your plans in the solar sector? ... Read More »

Gurgaon to get solar thermal power plant

According to reports, Haryana’s first solar thermal power plant – which will work on the steam-and-turbine principle as opposed to utilizing costly solar photo-voltaic cells – is all set to come up in Gurgaon. The 1MW power generation facility is “an experimental project” being built collaboratively by the  Solar Energy Centre (SEC) and the  Indian Institute of Technology, Bombay. The plant, nearing completion now, will start undergoing trial runs by the first week of May. Solar energy is touted as ... Read More »

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