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Daily Archives: April 19, 2012

LED lighting business will glow when prices come down: Philips

According to reports, green buildings, factories and solar photovoltaic powered systems are all gradually getting hooked to LED lighting systems. It is just a matter of time when the prices will come down paving way for its mass adoption, according to lighting major Philips India. LED lighting is the next big thing in India. Known for power saving and durability, its adaption is happening across commercial establishments, public places and home applications. Large corporate entities like Infosys, IT special economic ... Read More »

India should take initiatives to form league like OPEC: Narendra Modi

According to reports, As coal and gas are becoming scarcer and dearer, Gujarat Chief Minister today said India should take initiatives towards forming a league of nations on the line of OPEC for solar power. “There are different league of nations like OPEC and others. A league should be formed among the nations which get more sun rays. India should play a prominent role into the formation of such a league and step up its R&D to lead those nations,” ... Read More »

Danfoss will invest Rs 13.5 billion to expand India operations

According to reports, Danish company Danfoss intends to invest 1.5 billion Danish Kroner, or Rs 1,350 crore, in India between now and 2015, the company’s President and CEO, Mr M. Niels Bjorn Christiansen, told a team of visiting journalists here today. The investments will be made in Danfoss’ plant in Chennai, to expand the volume and range of its products, he said. Over the same period of time, Danfoss will also ramp up the number of its employees in India ... Read More »

600 MW solar power projects dedicated to nation

According to reports,Gujarat Chief Minister Narendra Modi today dedicated over 600 MW of installed solar power projects to the nation and called it a major step towards meeting India’s energy security. The projects, having potential to generate 30 lakh units of clean energy per day, are spread over several districts. These include Asia’s largest solar park with 214 MW generation capacity at this village in North Gujarat district of Patan. The park at Charanka, spread across 5,000 acres, has 500 ... Read More »

China, India to drive global wind power capacity additions

According to reports, driven by China and India, the global wind energy industry saw a capacity addition of 40.5 gw of new wind power during 2011, registering a growth of six per cent over 2010. While global wind industry is forecast to add over 46 gw during 2012, the overall wind power capacity in the world is expected to be less than 500 gw by 2016, with an annual capacity addition market touching about 60 gw. “The main drivers of ... Read More »

RP-Sanjiv Goenka Group Commission its first Solar Power Project

According to reports, the Rs.10,000 crore RP-Sanjiv Goenka Group, which is currently spearheading 1200 MW thermal generation capacity in Maharashtra and West Bengal, is ready to add its first 9 MW solar power project at Kutch district of Gujarat. The project is being implemented through ICML (Integrated Coal Mining Ltd.), an RP-Sanjiv Goenka Group company in the power vertical spearheaded by CESC Ltd. According to the Company sources, the plant at Kutch is based on the most advanced and proven ... Read More »

Gujarat has attracted Rs 80 billion investment in solar energy

According to reports, over the last decade, Gujarat has emerged a power-surplus State and carried electricity to nearly all of its 18,000 villages through the Jyotigram Yojana. Most of its areas now have a round-the-clock electricity supply. Its biggest cities such as Ahmedabad and Surat are lighted by the private sector and its state electricity board had come out of the red in 2006. Clearly, electricity availability and reforms in power sector have gone a long way in making the ... Read More »

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