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Author Archives: vineethv

Solar power, green corridor blip on energy radar for 2017

According to reports, green seems to be the catchword for the government heading into the next year as it gears up to achieve 175 gigawatt of clean energy by 2022 through auction of 1,000 MW of rooftop solar power, Rs 13,000 crore investment in solar parks and a Rs 21,000-crore package to boost local manufacturing of panels. By all yardsticks, 2016 remains a watershed year when solar tariff slumped to Rs 4 per unit and wind projects received a major ... Read More »

Centre shelves plan to set up world biggest solar power project in Leh

According to reports, centre has dropped the plan to set up the world’s biggest solar power project in Leh owing to the huge transmission system cost. Union Ministry of New and Renewable Energy (MNRE) had planned to set up 5,000 Mega Watt (MW) solar power project in Leh and 2,500 MW project in Kargil in 2013. The Leh administration had also identified the land for the project. But owing to the huge costs on the transmission system, the government decided ... Read More »

Ujaas Energy to set up solar power plant in Maharashtra

Ujaas Energy Limited has received Letter of Intent from MOIL Limited for design, engineering, procurement and supply, construction, erection, testing and commissioning of a 5 MW Solar power PV Plant in Maharashtra. Read More »

Indian solar sector to rank among top three global markets by 2017 end: Bridge to India

According to reports,  solar power sector is set to witness stellar growth in 2017 with India’s total installed capacity reaching around 18 Gigawatt by the end of the year, ranking it among top three global markets after China and US research firm Bridge to India said in a report. It further said solar tariffs were expected to fall below the critical Rs 4.00 (USD 0.06)/ kWh mark making solar power the cheapest new source of power. At the same time, improving ... Read More »

Wind power potential high in Dhanushkodi

According to reports, the results of measuring offshore wind potential in the Dhanushkodi region have been encouraging, according to the National Institute of Wind Energy (NIWE). In its report on Offshore Wind Profile Measurement at Dhanushkodi, the NIWE said its assessment showed there was a good possibility of achieving over 45 per cent capacity utilisation factor for the offshore wind plants with the existing onshore turbine technology in the region. Capacity utilisation factor is the percentage of a power plant’s ... Read More »

Indian Renewable Energy sector to see M&A activity in 2017

According to reports, Dipankar Bandyopadhyay, Partner at the law firm ‘Verus’ and an M&A expert, said: “An increase in FDI inflows through M&As is likely in stressed sectors such as e-commerce and telecom. Renewable energy sector is likely to see M&A deals, but it could also attract green-field investments.” He added that “the new insolvency and bankruptcy regime will also facilitate the sale of distressed assets, thereby a jump in M&A activity.” Among the concerns over taxation is a recent clarification ... Read More »

Trai to initiate consultation on green issues in telecom infra

According to reports, the Telecom Regulatory Authority of India (Trai) is looking to bring out a consultation paper that would review issues related to reduction in carbon footprint for telecom infrastructure, including mobile towers. According to Trai sources, the contours of the discussion paper on green telecommunication is expected to be firmed up over the next few weeks, following a reference from Department of Telecom. “DoT has asked the regulator to review the targets that had been fixed earlier with ... Read More »

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