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Daily Archives: September 7, 2012

Wind power firms petitions PM to ‘save’ industry

According to reports, the Indian Wind Power Association (IWPA) has appealed to the Prime Minister Manmohan Singh to reinstate incentives to wind power manufacturers that the Centre had withdrawn in the last Union budget, to increase private investment in the wind energy sector. In a telegram sent to the prime minister on behalf of 1,350 wind power investors, the IWPA has pleaded that the industry will collapse if the government didn’t offer accelerated depreciation (a tax cut offered to domestic firms ... Read More »

Bruhat Bangalore Mahanagara Palike goes green

According to reports, the Bruhat Bangalore Mahanagara Palike has decided to go green in all earnestness. It has decided to install mini windmills and solar hybrid machines atop its newly inaugurated building at its headquarters in NR Square. It has got in touch with a private energy company which has pioneered lighting up the city municipal corporation in Madikeri and cut short electricity bills of the Chamrajnagar district deputy commissioner’s office using alternative sources of energy. The company is preparing ... Read More »

BHEL Signs MoU with Govt. of Tajikistan for setting up a 100 MW Hydro-Electric Power Project

According to reports, Bharat Heavy Electricals Limited (BHEL) has signed an agreement with the Ministry of Energy and Industry, Republic of Tajikistan to set up a 100 MW Hydro Electric Power Plant in Tajikistan. In the presence of H.E. Mr. Emomali Rahmon, President of Tajikistan and Dr. Farooq Abdullah, Hon ble Union Minister for New and Renewable Energy, Govt. of India, the Memorandum of Understanding (MoU) was signed by H.E. Mr. Gul Sherali, the Minister of Energy and Industry, Republic of ... Read More »

Inter-ministerial panel has submitted report on National Solar Mission: Govt

According to reports, an inter-ministerial committee, set up to look into allegations of violations of the National Solar Mission (NSM) guidelines, has submitted its report, the government said today. “An inter-ministerial committee was constituted to inquire into the allegations made in a magazine regarding violation of guidelines of the NSM. The report has been submitted by the Committee and it is being examined by the government,” New and Renewable Energy Minister Farooq Abdullah said in reply to a written query in ... Read More »

Price gap between local and imported solar modules trouble manufacturers in Andhra Pradesh

According to reports, power holiday for three days in a week in Andhra Pradesh is proving beneficial to China and European solar module importers indirectly. Though various module manufacturing companies are seeing an increase in number of enquires for solar modules, they are not sure if they would be converted into sales as cheaper options, in the form of imports from China, are available. Importing finished modules attract no duties. On the other hand, the cost of module production for ... Read More »

NABARD Loan to Solar Energy Projects

National Bank for Agriculture and Rural Development (NABARD) is acting as an agency for release of subsidy/refinance for Solar Home Lights and Solar Water Heaters under Jawaharlal Nehru National Solar Mission implemented by Ministry of New and Renewable Energy (MNRE), Government of India. NABARD has released subsidy of Rs. 35.50 crore and refinance of Rs. 32.18 crore to banks (at concessional interest of 2%) under Jawaharlal Nehru National Solar Mission during 2010-11, 2011-12 and 2012-13 (as on 31st July 2012). ... Read More »

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