Search

Home » 2017 » February » 19

Daily Archives: February 19, 2017

Suzlon Energy looks to list its maintenance arm to pare debt

According to reports, Suzlon Energy Ltd is exploring the possibility of listing its subsidiary Suzlon Global Services in order to pare its parent’s debt, an official familiar with the development told Moneycontrol.  Suzlon Global Services is a wholly-owned company of Suzlon Structures, which in turn is 100 percent owned by Suzlon Energy. “The IPO will make Suzlon Global debt-free,” the official said, adding the company could look to raise Rs 2,000 crore via the issue. The official said Suzlon Global would ... Read More »

MYSURU & HASSAN RAILWAY STATIONS TO GET SOLAR POWER

According to reports, Mysuru and Hassan railway stations will soon have solar panels installed on the roof. It is part of an all-India initiative by the Ministry of Railways. In Mysuru Railway division, Mysuru and Hassan stations will soon allot space to private parties on the roof of station premises for setting up the panels. Both stations will have solar panels with a 200 kw capacity unit generating 2000 units of electricity every day. Sources from Railways told Bangalore Mirror that ... Read More »

Get the strategy right for integrating renewable energy into Indian grid

According to reports, India has embarked upon a laudable and ambitious program to install 100 GW of solar PV plants and 60 GW of wind turbine plants by 2022. However, such a large scale addition of variable or intermittent generation in a system packed with inflexible baseload coal plants – expected to total to around 250 GW by 2022 – will pose a challenge to grid management. Tackling this will require some planning and course correction. Is there a precedent ... Read More »

Solar energy prospects brighten

According to reports, the Tamil Nadu Generation and Distribution Corporation (Tangedco) has received the lowest price bid of ₹4.40 per kilowatt hour for its 500 MW solar tender, lower than its benchmark tariff of ₹4.50/kwh. The State power utility had floated a tender for procuring 500 MW of solar power, after its previous tender last year received a tepid response. In the new tender, it had received bids from 22 developers to set up 300 MW of capacity. “The price ... Read More »

MPs told to contribute for solar electrification of villages

According to reports, all Members of Parliament have been asked to contribute through their MPLADS fund towards providing street lights in rural areas of the country powered by solar energy. A directive in this regard has been issued to members of both Rajya Sabha and Lok Sabha. The contribution has to be made from MPLADS (MPs’ Local Area Development scheme), it said. The move is in keeping with the government’s emphasis on the maximum use of new and renewable energy which includes ... Read More »

Mahagenco proposes separate solar feeders for farmers

According to reports, the Maharashtra State Power Generation Company Ltd (Mahagenco) has floated tenders to set up separate solar feeders for the agriculture sector. It is one of the most ambitious projects of the state government. A pilot project to this effect had already been successfully set up in Sangamner Tehsil of Ahmednagar. “We are currently tracking the status of the pilot projects, which appear to be successful. Meanwhile, tenders have been floated and the bidding process in on,” said ... Read More »

Scroll To Top