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Daily Archives: May 2, 2013

India says US cannot point fingers on local input norm

According to reports, in a move to counter the US gripe against compulsory local sourcing for solar projects, India is digging up cases where American states have mandated domestic sourcing . At a meeting earlier this week of the WTO Committee on Trade Related Investment Measures, India said water utilities in many US states — South Carolina, Pennsylvania, and West Virginia among others — have made domestic sourcing of ductile iron pipes and fittings compulsory for use in water projects. New ... Read More »

Two solar powered cars designed by students of Orissa Engineering College, Bhubaneswar

According to reports, two solar powered cars have been designed, fabricated and assembled by the Mechanical Engineering Department of Orissa Engineering College, Bhubaneswar. These two cars were inaugurated on 24th April 2013 on the eve of “ZAZEN” 2013. On this occassion Principal of the college Prof. (Dr.) T. C. Panda, Director Administration, Mrs. Suprita Patnaik, Director Public Relation, Mrs. Sonya Patnaik, Director Student Welfare, Er. S. P. Patnaik, Senior Professors, all faculty members and students of the institute were present. These ... Read More »

Powering ahead on distress: Why Greenko is buying up hydel projects when everyone else is selling

According to reports, which power-generation company with operations in India delivered the best returns in a post-Lehman Brothers world? That distinction does not belong to sector heavyweights such as Tata Power, Reliance Power or Suzlon Energy. A little-known, 260-crore company, operating primarily in the clean energy space, has left these powerhouses trailing on shareholder returns since January 2009, by being a contrarian in the hydel power space. As promoters of hydropower projects, facing different forms and degrees of distress, make a ... Read More »

Gas grid vital for industry in South to move forward

According to reports, industry in South India could suffer a ‘huge long-term disadvantage’ because of inadequate gas grid, according to B. Santhanam, Chairman, Confederation of Indian Industry – Southern Region. Global trends clearly indicate a shift towards natural gas as a fuel for industry. Apart from its reputation as a clean fuel, increasing availability of natural gas resources and lowering costs is driving up the demand for the fuel. The fuel can make a big difference to the competitiveness of the ... Read More »

US-India summit to focus on stimulating technology, trade

According to reports, the fourth edition of US-India Energy Partnership Summit, to be held here later this month, will explore possibilities of stimulating technological cooperation, mutual trade and development in energy sector. Jointly organised by TERI and Yale University, the two-day summit scheduled on May 13-14, will be addressed by former US Vice-President Al Gore, India’s National Innovation Council chairman and adviser to the PM Sam Pitroda, Indian ambassador to the US Nirupama Rao and TERI president RK Pachauri, among others, ... Read More »

Wind sector looks to grow in India

According to reports, in the wake of recent statements made by the  Prime Minister of India during the Clean Energy Ministerial meet in New Delhi that the new initiative launched is to double the renewable energy to 55000 MW by 2017, Ramesh Kymal, chairman, Indian Wind Turbine Manufacturers Association said that the statements gave confidence to the investors in the wind sector. “Now we have a combined installation of 27500 MW of all RE and therefore additional 27500 MW will ... Read More »

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