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Monthly Archives: May 2012

Opportunities for Composites in Indian Wind Energy Industry

According to Composite Insights’ latest market study, consumption of composite materials are forecast to continue the same growth momentum in the fabrication of fiber-reinforced plastic (FRP) products in the Indian Wind Energy Industry. Although the market for composite materials in Indian Wind Energy Industry is relatively small, the growth rate is high compared to the growth rate in China and the USA. In 2011 India was the third largest wind market in the world, with over 3200 MW capacity addition. ... Read More »

National Power Exchange gets merger offers from Indian Energy Exchange and Power Exchange India

According to reports, the National Power Exchange (NPEX), the country’s third power exchange which is yet to launch its operations, has received separate merger proposals from the other two power exchanges, Indian Energy Exchange (IEX) and Power Exchange India (PXI). M G Raoot, managing director (MD) and chief executive officer (CEO) of NPEX, said it had informally discussed the merger issue with IEX and PXI, but was yet to take a decision on the issue. “NPEX is poised to hit ... Read More »

Firms in India bet on solar power

According to reports, with India’s total installed solar power capacity about to touch 1,000 mega-watts (MW), corporate houses including Tata, Mahindra and Reliance Anil Dhirubhai Ambani Group are betting big on solar power. All of them plan to add 100 MW of capacity each in the next three years. Government  incentives coupled with corporate goodwill associated with green energy initiatives are being cited as main reasons for such interests in solar power. A Tata Power spokesperson said that “the company ... Read More »

Workshop on renewable energy held in Mysore

According to reports, Karnataka Renewable Energy Development Limited (KREDL) in association with the Mysore City Corporation, Petroleum Conservation Research Association (PCRA) and Institution of Engineers, Mysore chapter on Tuesday organised a workshop on the use of renewable energy and the proper utilisation of liquefied petroleum gas (LPG) here. Besides creating awareness on the potential of harnessing solar power for meeting daily energy requirements, the workshop gave tips on conserving cooking gas. Mayor Rajeshwari Puttaswamy, who inaugurated the workshop, said Mysore ... Read More »

Solar Power Plants in Kashmir

According to reports, Jammu and Kashmir Chief Minister Omar Abdullah and Union Minister for New and Renewable Energy Farooq Abdullah today inaugurated a 18-KW Solar Power Plant at Sub-District Hospital at Charar-i-Sharief in Budgam district. This was the second such solar power unit inaugurated by the two leaders in the past two days. Yesterday, one such plant was inaugurated at the Old Assembly Complex here. The unit inaugurated at Charar-i-Sharief involved an expenditure of about Rs 50 lakhs, an official ... Read More »

CESC hikes power tariff in Kolkata by 15 paise per unit

According to reports, Kolkatans will have to shell out more money for their monthly electricity bill as private power utility CESC today raised its tariff by 15 paise per unit. CESC Executive Director, Mr Utpal Bhattacharya, said the hike in tariff would be applicable to all categories of consumers from the billing month of May. On an average, a domestic consumer uses roughly 200 units of electricity each month. Under the new tariff, the hike would therefore amount to Rs ... Read More »

SunEdison to power rural India with distributed solar generation plants

SunEdison, a subsidiary of MEMC Electronic Materials, Inc. (NYSE: WFR), announced today a rural electrification program called Eradication of Darkness.  Through the program, SunEdison will design, install and manage distributed-generation solar power plants, to provide energy to Indian villages that have never before had access to electricity. Just last week, Standard & Poor’s reduced its debt rating on MEMC Electronic Materials, Inc. (NYSE: WFR) , to junk status. “This program is making electricity accessible to citizens in India who have never ... Read More »

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