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Daily Archives: March 25, 2013

Indian government to float global tender to procure ethanol for fuel blending

According to reports, Petroleum Minister M. Veerappa Moily on Sunday said the Prime Minister-headed Cabinet Committee on Investments would take up 31 oil and gas blocks stuck for clearances in ‘two-weeks.’ Moily said the Government was looking to float a global tender to procure ethanol for blending with auto fuel. According to the nodal Ministry, there is demand of around 100 crore litres. Half of it has been procured domestically. For the remaining volumes, a global tender is likely to be ... Read More »

Uttar Pradesh announces RfP for 200 MW of Solar PV

According to reports, Uttar Pradesh recently announced its intention to setup solar PV capacity in the state by releasing a tender for the procurement of 200 MW of Solar PV. This comes close on the heels of the previous solar policy announcement which detailed plans to add 500 MW of solar capacity in the state by March 2017. Some of the excerpts from the RfP are presented below Total Capacity Available – 200 MW Minimum Capacity  – 5 MW Maximum Capacity – 50 ... Read More »

KSK Energy Ventures commissions 11.6MW Solar Project in Rajasthan, India

KSK Energy Ventures, today announced the commissioning of an 11.6MW solar photovoltaic project. The project is under India’s Jawaharlal Nehru National Solar Mission and is one of the largest solar power plants in Rajasthan, India. U.S. Export-Import Bank will provide $9 million of debt financing for the project, marking the second MiaSole project in India that the U.S. Export-Import Bank has supported.  “This project financing facilitates exports from MiaSole’s California manufacturing center, will boost California’s economy and help to create ... Read More »

State discoms eager to emulate private companies’ weather forecasting skills for power demand

According to reports, Tata Power’s distribution arm in Delhi has a 95% strike rate in predicting power demand. The Anil Ambani Group also deftly anticipates power requirement and state-run utilities are now keen to emulate the private sector. They are monitoring temperature, wind and cloud movement to predict power demand. The managing director of Tata Power Delhi Distribution, Praveer Sinha, says the company knows in advance exactly how much power it needs to buy and has gained enormously from forecasts of ... Read More »

Bosch to exit solar business

According to reports, German engineering company Bosch said it was exiting the solar energy business, as there was no way to make it economically viable in the scenario of overcapacity and huge price pressure in the industry. Cuts in subsidies have come as a huge blow for solar energy companies, amid weaker sales and increasingly stiff price competition, especially from Chinese manufacturers. The company announced the move at the end of last week, after German industrial conglomerate Siemens announced last October ... Read More »

RPG enters green business with wind & solar EPC

According to reports, the Harsh Goenka-led Rs. 15,000 crore RPG group is entering the renewable energy business, with its power transmission arm KEC set to bid for engineering, procurement and construction contracts to install solar plants and wind farms. “We are in talks with a few developers and hope to launch our solar EPC business in April,” said Ramesh Chandak, managing director and CEO, KEC. With India poised to add at least 2 GW capacity every year in solar power alone, the ... Read More »

India hit by China’s solar energy war

According to reports, not withstanding the economic slowdown, several countries across the globe are engaged in a bitter fight for firmer control over solar energy – a key energy source in future. The epicentre of the war is China, which has flooded the global market with its cheaper variants of solar equipment. However, the major economies are trying to hit back using trade restrictions. The year 2012 witnessed the US announcing its anti-dumping tariff against Chinese manufacturers, which was followed by ... Read More »

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