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Daily Archives: January 9, 2013

PR Fonroche and Mahindra EPC realize first Indo-French solar power investments

PR Fonroche, a joint-venture between PR Clean Energy (India) and Fonroche Energie S.a.s (France), has collaborated with Mahindra EPC, to commission two solar photo voltaic based power plants (5 MWp and 15 MWp) at Gajner Village in Bikaner, Rajasthan. These projects were awarded under the Jawaharlal Nehru National Solar Mission’s Phase I Batch II scheme. This partnership marks the first Indo-French collaboration in the Indian Renewable Energy sector. The first of the two projects – of 5 MWp – was commissioned ... Read More »

Solar Energy Society takes Tangedco to court

According to reports, the Solar Energy Society of India has filed a case against the Tamil Nadu’s State-owned electricity generation and distribution company, Tangedco, over the recently closed tender for the purchase of solar power. Tangedco recently floated a tender which called for solar power developers to (set up solar power plants and) sell solar power to Tangedco under 20-year power purchase agreements, at rates arrived at by the competitive bidding process. The bids closed on January 4, and where Tangedco ... Read More »

Punjab signs PPA for purchase of power from 1.5 MW solar power plant

According to reports, Er.K.D.Chaudhri, Chairman cum Managing Director, Punjab State Power Corporation Limited informed that PSPCL has today signed Power Purchase Agreement (PPA) with M/s. Enterprises Business Solution (EBS) Pvt. Ltd., Mohali for purchase of 1.5 MW Solar Power from Solar Power Project established by firm at Village Shadra-Sahiba, Tehsil Balachour Distt. SBS Nagar, Punjab. The total cost of project is around Rs.18 crores with which 22.50 lac units per year will be added to the availability of power to PSPCL. ... Read More »

Nalco commissions first wind power project

According to reports, National Aluminium Co Ltd (Nalco) has commissioned its first wind power project at Gandikota in Kadapa district of Andhra Pradesh. The Government-owned company invested Rs 275 crore for the 50-MW Suzlon-erected project. Nalco signed a power purchase agreement with the State’s power transmission utility Transco last week and has begun injection of power to the State grid, B.L. Bagra, Nalco’s Finance Director, told Business Line. The windmill project has received clearance from the Ministry of Forests and Environment. Nalco ... Read More »

Odisha power rates drop at energy exchanges due to evacuation problems

According to reports, the rates of power generated from Odisha have been declining in the energy market over the past couple of months because of evacuation problems precipitated by poor transmission infrastructure, said the state-run power traderGridco Ltd. The rates, which were as high as Rs 6.30 per unit in November 2012, came down to Rs 4.50 per unit this week. “Though we are at a comfortable position to sell some power because of shrinking demand in winter season, we can hardly ... Read More »

Surat Municipal Corporation to inaugurate rooftop solar plant

According to reports, with the installation of the rooftop solar power plant at the Science Centre in City Light nearing completion, the Surat Municipal Corporation (SMC) is planning to inaugurate during the upcoming visit of Gujarat chief minister Narendra Modi in the city next week. Official sources said the civic body has installed rooftop solar power plant at the cost of Rs 91.80 lakh at the Science Centre for generating 100 kilowatts solar energy. A private agency has been hired for ... Read More »

Welspun Energy to sign MoUs with GEDA

According to reports, Welspun Energy Ltd today informed that the company would sign memorandums of understanding (MoUs) with Gujarat Energy Development Authority (GEDA) for 200 megawatts of renewable energy certificates (RECs). The MoUs are valued at around Rs 1200 crore. “We will sign MoUs with GEDA for the 200 Mw RECs including 100 Mw in solar and 100 Mw in wind power generation amounting to around Rs 1200 crore,” Vineet Mittal, co-founder and managing director, Welspun Energy Ltd. Renewable energy companies ... Read More »

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