Panchabuta News analysis and insights in Renewable Energy and Cleantech Industry in India

According to reports, the 50.4 MW wind plant at Gadag was commissioned in July 2009 and uses 63 wind turbine generators of 800 KW capacity each to harness wind energy for power generation. The Gadag plant helps in reducing an annual average of 99,100 tons of Carbon Dioxide equivalent, by producing 107,064 MWh per year (average) equivalent amount of clean energy. The Gadag wind plant is Tata Power’s fourth CDM registered project, with the 50.4 MW Wind project at Khandke, ... Read More »

According to reports, this is one battle where India has an upper hand over China. India was responsible for only eight per cent increase of the global energy-related carbon dioxide emission in 2000-10, while China represented 68 per cent, according to a Climate Policy Initiative (CPI) report. “Though India is better placed, it needs some real policy level intervention from the government. It should focus more on renewable space,” said David Nelson, senior director, CPI. However, the report adds that in ... Read More »

According to reports, Greenpeace India on Monday said 22 States in India failed to meet their Renewable Purchase Obligation (RPO) targets. “In all, out of 29 States, 22 failed to meet their RPO targets, which lead to loss of more than 25 per cent electricity that was expected to be generated from renewable energy sources in 2012,” said Greenpeace. Tamil Nadu and Karnataka have generated 213 per cent and 122 per cent of their RPO targets. Uttarakhand and Himachal Pradesh stood ... Read More »

According to reports, Techno Electric (BSE: 533281) has won a case in the Appellate Tribunal for Electricity against the Tamil Nadu Electricity Regulatory Commission. The case relates to the date of applicability of a tariff fixed for wind power companies in the state, who sell the power to the state electricity generation and distribution utility (Tangedco). Wind power producers can sell their electricity to Tangedco either at a ‘preferential tariff’ (which is today Rs 3.51 per kWhr) or at what is ... Read More »

According to reports, in May 2008, an agreement was signed between India’s biggest power equipment manufacturer, the public sector BHEL, and the power utility of Andhra Pradesh, APGENCO. Under it, BHEL would supply equipment for a 125 MW thermal power plant that APGENCO would own and run. When Business Line checked last month, there had been zero progress on the project in the last five years. At a time when most power projects are stuck, the lack of progress on a ... Read More »

According to reports, Indian demand for renewable-energy credits, used by power distributors and industrial electricity consumers to meet annual government goals for clean generation, almost tripled last month in the run-up to the fiscal year-end. Bids for credits rose to 435,481 in March from 159,729 the month before, according to REConnect Energy Solutions Pvt., a trader that records all of the transactions on the Indian Electricity Exchange and the Power Exchange of India. “This was also the highest volume cleared in ... Read More »

According to reports, EKI Energy Services Limited emerged as India’s First Largest Private Indian Corporate Buyer of Renewable Energy Certificate (REC) for off-setting the Organizational Carbon Foot Prints, through voluntary participation in last month’s REC-trading session on 28th March 2013. EKI Energy Services Limited (hereinafter referred as EKIESL) had participated as Voluntary REC Buyer in the March 2013 trading session at both the Power Exchanges operational in India – Indian Energy Exchange (IEX) & Power Exchanges of India Ltd (PXIL); to ... Read More »