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Daily Archives: July 27, 2015

SunEdison’s head rubbishes payment risk perception in Tamil Nadu

According to reports, Pashupathy Gopalan, who heads the Asia-Pacific and Sub-Sahara African operations of the US renewable energy major, SunEdison, says he does not believe investing in Tamil Nadu’s power sector exposes a company to payment risk. This is a contrarian view, for the generally-held (and often whispered) view is that the state’s electricity distribution company, Tangedco, does not pay power suppliers’ dues in time. Payment of Tangedco’s dues to wind power companies, for instance, have often been delayed by ... Read More »

Govt running a scheme to install one lakh solar pumps

According to reports, the government is implementing a scheme to install one lakh solar pumps for irrigation and drinking water, Parliament was informed today. “The Ministry of New and Renewable Energy is implementing programme for installation of 1,00,000 solar pumps for irrigation and drinking water through State Nodal Agencies and NABARD,” Power, Coal and New & Renewable Energy Minister Piyush Goyal said in a written reply in the Lok Sabha. He further said that the ministry provides 30 per cent ... Read More »

In a first, forecasting helps TNEB make most of wind power

According to reports, in a first, the use of wind forecasting techniques has helped to increase wind power evacuation by 20% on a daily basis. Wind power being among the cheapest sources of power – at Rs 3.50 per unit – it would help TNEB financially to use all the wind power being generated. Without forecasting of a fluctuating source of power, however, other power plants will have to be kept running for the sake of continuous supply of power ... Read More »

Japan’s foreign aid arm plans to finance India solar power parks

According to reports, Japan’s foreign aid arm Japan International Cooperation Agency (Jica) plans to fund solar power parks in the country, giving a fillip to India’s green energy plan. To start with, Jica is ready to invest $500 million in the proposed solar parks. Other institutions such as Germany-based KfW Bankengruppe and World Bank also want to invest in solar parks. Of the total 100,000 megawatts (MW) of solar power capacity planned by 2022, 20,000MW will come from solar parks ... Read More »

Power-guzzler railways look for green energy

According to reports, Western Railway and Central Railway trains (suburban and long-distance) consume electricity equal to the consumption in Thane, Mulund, Bhandup, and Kanjurmarg put together. The quantum of water used every week by CR and WR to wash their trains matches a day’s supply to Navi Mumbai or Kalyan-Dombivli. Now that Mumbai grapples for every drop of water and with electricity tariffs rising steadily, the railways and state government are scouting for cheaper options. Plans are afoot to source ... Read More »

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