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Daily Archives: December 6, 2012

Bhoruka Power Corp plans to raise Rs 12 billion

According to reports,Bhoruka Power Corporation will look to raise Rs 1,200 crore debt for expansion of power generation capacities. Currently, it has an installed capacity of 160 mw, including 120 mw hydro and 40 mw wind-based. It has embarked on addition of capacity of 140 mw in two years and another 200 mw by 2015, according to S Chandrasekhar. Speaking to Financial Chronicle, he said this would need an overall investment of about Rs 1500 crore and about Rs 300 ... Read More »

Ball set rolling for making Vijayawada a ‘solar city’

According to reports, Krishna district Collector Budha Prakash M. Jyothi has set the ball rolling for transformation of Vijayawada into a solar city by approving the proposals submitted by the New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP). In the wake of a rapid rise in demand for electricity, development of solar cities is seen as the most viable proposition. It is designed to encourage local governing bodies to prepare a road map to guide their cities in becoming ... Read More »

BHEL seeks levy on imported solar power equipment

According to reports, state-run BHEL is pitching for duties on imported solar equipment to safeguard the domestic manufacturing industry that is being hurt by cheap imports primarily from China. BHEL’s move comes close on the heels of the government slapping higher levy on imported power equipment, a development that would provide succour to domestic sector already grappling with sluggish business prospects. “The domestic (solar cell manufacturing) industry has to be given that protection otherwise cheaper imports will come and domestic ... Read More »

Ahmedabad Municipal Corporation’s green mission

According to reports,the Ahmedabad Municipal Corporation (AMC) has taken a decision to convert many of its existing new buildings into green buildings, with several power saving features and employing renewable energy. Though initially the plan was to have a hybrid – wind and solar – power plant atop the sports complex and the AMC central office building, but the AMC decided to draw another list of buildings that can employ the power and water saving measures. The AMC is now ... Read More »

Bihar’s total potential for renewable energy was 1205 MW in 2011

According to reports, the total potential for renewable power generation in Bihar as on March 31, 2011, was estimated to be 1,205 MW including 619 MW biomass power. Bihar accounts for a meagre 1.34 % of total renewable power distribution in the country. Gujarat has the highest percentage of nearly 14%, says the recent energy statistics-2012 of the National Statistical Organisation (NSO) of the ministry of statistics and programme implementation, government of India. This publication titled “Energy Statistics 2012”, is brought ... Read More »

Lack of support from state governments, Indian renewable energy market in trouble

According to reports, as national governments make a final attempt to save the global carbon trading market, it is time for Indian policy makers to review the struggling renewal market in India. According to a recent study by Climate Policy Initiative (CPI) and the Indian School of Business, the lack of clarity over long-term commitments by states for buying renewable energy (RE) and the lack of price signals are acting as a dampener for the renewal market. Recent data shows the ... Read More »

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