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Daily Archives: September 18, 2012

Gamesa India secures 30MW order from Indo Rama Renewables

Gamesa, a global technology leader in wind energy -through its subsidiary Gamesa Wind Turbines Private Limited-, has signed a new order of 30 MW from Indo Rama Renewables, a subsidiary of Indo Rama Synthetics (I) Limited. A couple of weeks ago, Gamesa India secured a 75 MW order with another IPP, ReNew Power, in Maharashtra. As part of the commercial deal, Gamesa India will be supplying 15 units of its G97-2.0 MW wind turbines that will be erected and commissioned at Jath in Maharashtra. ... Read More »

In Conversation with Mr. GM Pillai, Director General, World Institute of Sustainable Energy

Mr. GM Pillai, Director General, World Institute of Sustainable Energy, talks to Panchabuta about the growth of  Wind Power in India, the Renewable Energy Sector, The way Ahead for Wind Energy and his thoughts on  Wind Power India 2012. Read More »

Suzlon seeks 4-month extension to repay $220 mn FCCB’s

According to reports, wind turbine maker Suzlon Energy has sought a four-month extension from bond holders for redeeming Foreign Currency Convertible Bonds (FCCBs) worth over USD 220 million that are due next month. Suzlon today said the extension would allow the company to close various financing measures and drive alignment between all stakeholders on allocation of cash resources. “We intend to redeem the outstanding October FCCBs at the end of the proposed four-month extension, subject to requisite approvals,” a company ... Read More »

Odisha Govt to set up solar power plant at the Sri Jagannath temple premises

According to reports, The state government has decided to set up a solar power plant including air-circulators and air-conditioners at the Sri Jagannath temple premises soon. According to Arabinda Padhee, Revenue Divisional Commissioner, Central Range, and chief administrator of Sri Jagannath Temple Administration, the Odisha Renewal Energy Development Agency (OREDA) has been assigned to install a of Solar Photo Voltaic (SPV) power plant inside the temple at a projected cost of Rs 39.42 lakh sanctioned by the Centre to the ... Read More »

Andhra Pradesh Transco to tap wind, solar energy to solve power crisis

According to reports, all efforts are being made to provide adequate power supply by encouraging renewable sources of energy like solar and wind in the state, said AP Transco chairman-cum-managing director Hiralal Samariya. Speaking at a function organised to commemorate the 152nd birthday of Bharat Ratna Mokshagundam Visvesvaraya here on Saturday, he said they are procuring additional power, apart from optimising generation at the AP Genco and other generating stations. He said Visvesvaraya was well known for his sincerity, time management ... Read More »

Delhi Govt mulls subsidy for eco-friendly battery rickshaws

According to reports, commuting to a metro station will soon be a comfortable and environment-friendly affair with the introduction of new rickshaws that will run on battery or solar energy. To promote the use of these environment-friendly rickshaws, the Delhi government’s environment department will offer subsidy to manufacturers so that these are available to operators on low prices According to sources, a draft of the proposal for providing subsidy is being put together by the environment department. Sources further said that ... Read More »

Bank of India to Finance Solar-Power Systems to Curb Blackouts

According to reports,  Bank of India plans to offer loans to homes and businesses for solar-power systems as the country seeks to avoid a repeat of the July blackout that affected half the nation’s 1.2 billion people. The state-owned bank signed a memorandum of understanding with Gautam Polymers’ Solid Solar unit to finance lanterns and rooftop panels for residential and commercial consumers, the companies said in a joint e-mailed statement. Bank of India (BOI), based in Mumbai, will offer the ... Read More »

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