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Daily Archives: May 27, 2013

India’s first cleantech VC fund Infuse Capital makes first close, invests in Intelligent Energy Management Company

Infuse Capital, India’s first sustainable energy and cleantech early-stage venture capital fund, has announced its first investment of around $0.6m into Ecolibrium Energy, an Ahmedabad-based smart-grid and energy management company. Infuse has been set-up by IIM Ahmedabad’s Centre for Innovation Incubation and Entrepreneurship (CIIE) and is currently backed by the Ministry of New and Renewable Energy (MNRE), BP, World Bank member IFC and Technology Development Board. Infuse, which also recently announced the initial closing, shall invest in and handhold India-based ... Read More »

Ahmedabad Municipal Corporation plans to generate watts from waste

According to reports, AMC to produce 20 MW power using waste sewerage. It signs MoU with Abellon Energy to generate power from solid waste; production likely to begin in 2016. As part of its goal to make Ahmedabad a zero-waste city, the Ahmedabad Municipal Corporation (AMC) plans to generate electricity using municipal solid waste (MSW) and sewerage. It aims to produce nearly 20 MW power through this project in the near future. The civic body has already signed a memorandum ... Read More »

Energy Park near Vijayawada soon

According to reports, an energy park, first of its kind in the State, will come up at Kanuru near here shortly. The park is aimed at creating awareness about the wind energy among the school and college children. The park will also have a centre to test the lighting and heating equipment/gadgets. The park is estimated to cost Rs. 5 crore, and will come up on the lines of energy park located at Raipur in Chattisgarh. The park will adhere ... Read More »

Tecpro Systems jumps as solar unit secures new order

According to reports, Tecpro Systems’ wholly owned subsidiary, Eversun Energy, engaged in the business of EPC (engineering, procurement and construction) for solar power projects, received order worth Rs 34.68 crore for its solar EPC business from NTPC. The EPC order is for 5 megawatts (MW) solar photovoltaic (SPV) power plant of NTPC at Faridabad, Haryana. The scope of the work under the contract include design, engineering,  supply, erection, testing and commissioning of the plant on turnkey basis along with operation ... Read More »

PGVCL to install 500 solar pumps in Gujarat farms

According to reports, the Paschim Gujarat Vij Company Limited (PGVCL), under the state government’s project, is planning to install 500 solar pumps in several farms of Saurashtra at the expenditure of Rs 20 crore. PGVCL officials said the project was being planned on an experimental basis. “The main objective of this project is to save electricity by generating alternative means of energy. And what can be better source for alternative energy than the solar power?” said a PGVCL official. The ... Read More »

Chhatrapati Shivaji Terminus (CST) in Mumbai gets solar panels to meet its energy needs

According to reports, the Central Railway (CR) has undertaken a pilot project to reduce its carbon footprint at Chhatrapati Shivaji Terminus (CST) in Mumbai division and Tikekarwadi in Solapur division. For this, it is looking at solar energy to fulfil the power needs at these stations. In December last year, Khandala station was provided with equipment to harness solar and wind energy. “Tikekarwadi has now become the first station on CR to meet all its power requirement through solar energy. ... Read More »

Coal India gets into solar power

According to reports, Coal India officials will do something unprecedented today – they will brainstorm with a select group of prospective bidders to decide on the technology to be used for setting up solar power plants. For once, mines won’t be on the agenda. In a surprising diversification move, Coal India has decided to set up solar power projects across the country, the first of which would come up at Sambalpur in Odisha. The purported reason for the world’s largest ... Read More »

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