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Daily Archives: March 6, 2013

Indian government recommends Telecom Regulatory Authority of India (TRAI) recommendations on Green Energy applications

The Telecom Regulatory Authority of India (TRAI) recommendations on Green Energy applications have been approved by Government. Following directives have been issued to the licensees/all ILD service providers to adopt measures to green the Telecom sector setting broad directions & goals. The primary goal is that, at least 50% of all rural towers and 20% of the urban towers are to be powered by hybrid power (Renewable Energy Technologies (RET) + Grid Power) by 2015, while 75% of rural towers ... Read More »

Indian renewable energy sector creates 50,000 direct jobs in last three years

Over 50,000 direct jobs are estimated to have been created in the last three years in off-grid & other applications in the New & Renewable Energy Sector. It is estimated that employment for nearly 40 people is generated during erection and commissioning of a 1-2 MW PV Project. This number increases by approximately 15 for every additional 1 MW capacity. In the case of solar thermal projects, it is estimated that up to 500 personnel are employed in a 20 ... Read More »

Welspun Energy to invest Rs.150 billion in next three years

According to reports, Welspun Energy Ltd, part of $3.5 billion Welspun group, will invest Rs.15,000 crore in three years to build wind and solar power generation capacity of 1,750MW. By the end of 2013, it will invest Rs.3,000 crore in wind and solar projects, out of which 111MW is operational and 200MW is under construction, managing director Vineet Mittal said at a media briefing. The rest of the capacity will come up by the end of 2016, out of which 1,000MW ... Read More »

Viability Gap Funding (VGF) for Solar Power Projects Envisaged

For the 2nd phase of Jawaharlal Nehru National Solar Mission (JNNSM), a model of Viability Gap Funding (VGF) for grid connected solar power projects has been envisaged. For wind energy, no new funding model is currently proposed. Under the 1st phase of Jawaharlal Nehru National Solar Mission (JNNSM), the Ministry adopted a model of reverse auction based on discounts offered on CERC tariffs for selection of solar power projects. A Generation Based Incentive (GBI) for wind energy projects was available ... Read More »

Andhra Pradesh receives lowest solar bid offer of Rs 6.52/unit

According to reports, the bidding process for setting up grid-connected solar power farms in Andhra Pradesh enters a crucial phase with the opening up of the price bids. According to sources, the lowest quote was by Essel Mining and Industries Ltd, a company promoted by Aditya Birla Group, at Rs 6.52 per unit. The average range quoted for one unit varied from Rs 7 to close to Rs 9 a unit. The State Government had appointed APTransco as a nodal agency ... Read More »

NextGen aiming to make business more eco-friendly

According to reports, at an age when most people are still wondering about what to do with their lives, college graduates Abhishek Humbad and Richa Bajpai were out to show the world that being eco-friendly can also mean good business. Incubated in IIM-Bangalore and BITS Pilani, their clean tech start-up NextGen, launched in 2009, developed a reactor to convert more than 900 different types of organic waste into natural gas than can be used for commercial purposes. Statistics speak volumes ... Read More »

Odisha comes up with another 25 MW solar tender

According to reports, the Odisha government has come up with yet another tender for the purchase of solar power. Just like the existing practice, the state government wants a developer to put up a 25 MW plant and sell power to the state’s electricity distribution company at rates arrived at through a competitive bidding process. The winning tariffs arrived at under the previous two bids were Rs 7 and Rs 7.28 per kWhr. However, in the first case, only 5 MW ... Read More »

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