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Daily Archives: September 10, 2012

Welspun ties up Rs 3.55 billion for 50MW Rajasthan solar project

According to reports, Welspun Energy Ltd has tied up finances to set up a 50-MW solar power project in Rajasthan. Announcing the financial closure for the project, the company said it has secured a long-term project funding of Rs 355 crore from a consortium of lenders comprising three public sector banks and one infrastructure finance firm. Welspun had in January this year signed a power purchase agreement (PPA) with NTPC Vidyut Vyapar Nigam Ltd — power grading arm of the state-owned ... Read More »

Adanis’ coal-fired plant at Mundra to earn Rs 6 billion in carbon credits

According to reports, the third phase of Adani Power Ltd’s (APL) thermal power plant at Mundra in Gujarat has become the world’s first coal-fired plant to receive carbon credits from the United Nations’ Framework Convention on Climate Change (UNFCCC), the company announced on Monday. APL, a subsidiary of Adani Enterprises Ltd and part of the Adani Group, has set up the 4,620 MW coal-fired thermal power plant at Mundra. Its Phase III, comprising two units of 660 MW each, has received ... Read More »

SunEdison Awarded Best Solar Power Producer in India

Global solar energy provider SunEdison, a subsidiary of MEMC Electronic Materials, Inc., {NYSE: WFR}, was awarded “Best Solar Power Producer in India” at the Regulators & Policymakers Retreat (RPR) 2012 organized by Independent Power Producers Association of India (IPPAI). SunEdison has become a solar power leader in India with over 50 MW of interconnected solar electricity in India today.  The company’s projects range from small rooftop installations to South Asia’s largest solar field in Gujarat. “Our objective in presenting these awards ... Read More »

Model solar salt farm to come up in Gujarat

According to reports, a model solar farm will be established in Gujarat based on the internationally patented technology of Central Salt Marine & Chemical Research Institute (CSMCRI) to manufacture export-grade high purity salt. “A model farm will be set up in cooperation with the Gujarat government on 10-20 acres of land having a scientific design and layout suitable for a solar salt works,” Dr Pushpito Ghosh, Director CSMCRI, told PTI. “Our internationally patented technology will be used at this farm to ... Read More »

Solar energy to the rescue of those in the construction sector

According to reports, buildings are among the major consumers of energy. The need for power is high from the commencement of construction work. However, long hours of power cuts slow down construction activities. When construction work starts for a project, temporary electricity connection is obtained and this is used for all activities such as pumping water, welding, polishing, etc. Now, builders look at other options such as generator sets so that the works go on without any disruption even when there ... Read More »

Haryana invites applications for energy awards

According to reports, Haryana’s renewable energy department, HAREDA, has invited applications for its annual state-level energy conservation awards. Industrial and commercial facilities, which have managed to achieve significant cuts in their overall energy consumption this year, will be given cash rewards of as much as Rs 2 lakh. Government and institutional buildings, such as hospitals and schools, will also be eligible to file nominations, according to HAREDA representatives. “These awards will be given to consumers of various categories who have made ... Read More »

UPS to power Avinashi Road, Coimbatore signals during outages

According to reports, the city police have started work to install power back-up on Avinashi Road to ensure that the traffic signals work even during the power cuts. The scheduled and unscheduled power cuts have been affecting the functioning of traffic signals on this stretch, which is declared a signal-free corridor. During the outages, the police have to regulate traffic manually, which fail the whole purpose of having signal- free green corridors. Several vehicles travel pass through Avinashi Road and it’s ... Read More »

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