In February this year, the Rajasthan Electricity Regulatory Commission has lowered the tariffs for the purchase of electricity from solar power plants in the State by the state utility. A solar power producer in the State who completes his project by March 31, 2014, will get Rs 10.12 a unit if he does not claim … Continue reading
India has been referred to as a “SmartGrid pilot” incubator, and it’s pretty clear why. As an emerging economic powerhouse, India is third in the world for SmartGrid investment, and spending on Smart Grid, alone, is anticipated to increase from $1.1 billion today to $1.9 billion by 2015, according to Zpryme Research & Consulting. While India’s … Continue reading
According to reports, CESC Ltd on Wednesday said it has acquired India Bulls group outfits engaged in developing two separate hydropower projects in Arunachal Pradesh. In a communication to the stock exchanges, CESC said it entered into agreements to take over the hydroelectric projects with an aggregate capacity of 146 MW in Arunachal. The company … Continue reading
According to reports, Thailand’s biggest electronics firm Delta Electronics (Thailand) Plc is likely to delay the construction of a new plant in India due to sluggish market conditions, a media report has said. The company will wait and see how the Indian market performed this quarter and the next, before deciding whether to proceed with … Continue reading
According to reports, POWER GRID suffered a major setback when a tower of newly constructed 765 KV Gaya Fatehpur transmission line collapsed. The plan of Power Grid Corporation to commission 345 Km long 765 KV transmission lines between Eastern Region and Northern Region suffered the setback after a line tower collapsed on April 12. As … Continue reading
According to reports, the Punjab Electricity Regulatory Commission has allowed the state electricity distribution company, Punjab State Power Corporation Ltd, to carry forward its renewable energy purchase obligations. The discom, an ‘obligated entity’ (which is required to buy a specified portion of power from renewable sources) could not meet its obligations for the year 2011-12 … Continue reading