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Monthly Archives: December 2012

Ministry wants competitive bidding for renewable energy procurement

According to reports, the Ministry of New and Renewable Energy wants to make procurement of electricity from renewable sources also through competitive bidding process, just as in the case of conventional power. The Ministry has come up with “guidelines and standard bidding documents for tariff-based competitive bidding process for grid connected renewable energy power projects” and has recommended them to the Ministry of Power for notification. “Unless explicitly specified in these guidelines, the provisions of these guidelines shall be binding on ... Read More »

Govt of India officials attend training in smart grid technology in USA

According to reports, over 15 Indian government officials attended a training and study tour organised by the U.S. Government through the United States Agency for International Development ( USAID) on the use of Smart Grid technology in the power sector to reduce power loss, manage peak load and integrate renewable energy to meet the growing demand for power. Smart Grid refers to the use of state-of-the-art information and communication technology to improve the efficiency, reliability, cost-effectiveness, and sustainability of the production ... Read More »

Morgan Stanley buys into Suzlon shares as promoters sell to fulfill CDR norms

According to reports, the promoter group of world’s fifth largest and India’s largest wind turbine maker Suzlon Energy have sold around 2.11% of their stake. Morgan Stanley Mauritius bought 3.26 Cr shares of Suzlon at Rs 16.75 per share on the NSE amounting to Rs 54.61 Cr. Earlier this year Morgan Stanley also concluded a major deal worth Rs 1200 Cr investing in Singapore based Continuum Wind Energy that develops wind farm assets in India. The stake cut, required to fulfill ... Read More »

Nashik Municipality’s Waste-to-energy-project decision soon

According to reports, the fate of waste-to-energy management project in collaboration with the German government is in the hands of the Nashik Municipal Corporation’s next general body meeting. The civic administration had tabled the proposal for the implementation of the project at the recent general body meeting on December 19, following the German government’s nodal agency Gesellschaft fur Internationale Zusammenarbeit’s (GIZ) letter asking the administration to convey its decision by December 7. But the proposal was set aside. Mayor Yatin Wagh ... Read More »

Central aid for 50 pico hydro projects in Kerala

According to reports, to promote hydroelectric power projects of 5 kW and below in Kerala, the Union ministry of new and renewable energy (MNRE) has announced a financial assistance to the tune of Rs 110,000 for setting up ‘Pico hydroelectric power projects’ in the state. Hydroelectric power generation up to 5 kW is called pico hydro. This type of power generation can be useful in remote regions that are smaller in area, hence require less electricity. Pico-hydro set-ups do not require ... Read More »

German experts to help illuminate UP villages

According to reports, in a decision taken by the Uttar Pradesh government, unelectrified villages of the state will be soon illuminated with solar power. Each household will be provided power connections for two light-emitting diode (LED) lights and a mobile charging unit which will run on solar energy. A mini grid, to be set up in the village with technical assistance of German experts, will provide power through transmission lines. The project will be implemented by the support of the German ... Read More »

Andhra Pradesh farmers earn carbon revenue

According to reports, carbon revenue cheques were distributed to 52 farmers in Gitam University here on Wednesday evening in a programme jointly arranged by VEDA Climate Change Solutions Ltd (VCCL), JK Paper Mills Ltd (JKPL) and Gitam Centre for Integrated Rural Development (CIRD) under Improving Rural Livelihood Project. Gitam president M.V.V.S Murthi gave away the cheques to farmers. According to a press release, it is the first project in Asia to release the revenue to the farmers as part of the ... Read More »

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