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Renewables infrastructure deals seen rising in 2017

According to reports, deals in the infrastructure space are set to increase as companies put dozens of assets across roads and renewable energy sectors on sale, according to analysts and investment bankers. A number of such deals have either been announced or are in the due-diligence stage and will likely be completed in 2017. A number of infrastructure-focused funds and overseas pension funds have announced plans to invest in India’s roads and renewable energy projects. Also, while deals in the ... Read More »

‘Mini grids can power rural economic activity’

According to reports, mini grids can spur economic activity in rural areas and accelerate the process of expanding mobile phone network across the country due to their large capacities and the ability to connect to the national grid, according to Smart Power India. A mini grid, as defined by the Ministry of New and Renewable Energy, is an off-grid power system with a generation capacity of between 10 KW and 500 KW. There are a number of other solutions of ... Read More »

Centre calls national review meet to push clean energy projects

According to reports, removing squatters from good wind potential sites, inordinate delays in signing of power purchase agreements, timely payments and distribution firms shying away from procuring electricity generated from wind energy projects will be some of the issues that the National Democratic Alliance-led Narendra Modi government plans to discuss at an apex meeting of states and the nodal agencies for ironing out issues plaguing the green energy sector. The meeting called on 23 and 24 January is scheduled to ... Read More »

Tata Power, ReNew top list of large scale solar players: Report

According to reports, utility scale solar in India has seen exponential growth over the past two years with installations of approximately 9 GW to date, making up about 94 percent of total installations.  Tata Power    has come out on top with the largest share of operating projects in India, while ReNew Power aced the ranking with the largest pipeline of large-scale projects in the country. With a steep fall in module prices over the last six months and slow development ... Read More »

Chandigarh UT plans electric buses in city

According to reports, to reduce vehicular pollution, the UT Administration has initiated the process to introduce  electric buses in the city. The CTU has invited the expression of  Interest from manufactures of the buses. Initially, the project will be started on a pilot basis on a couple of routes  with the eight to 10 buses. The companies will have to submit a  proposal, along the related infrastructure needed for running the buses.  The companies have been asked to submit the proposal till ... Read More »

EDF upbeat on India’s renewable energy plan

According to reports, French energy major EDF Group’s chairman and CEO Jean-Bernard Lévy said India is among the top 5 focus areas for the company but will stay away from investing in capital-intensive projects, especially in thermal power space. Lévy told Economic Times that his company is upbeat on India’s renewable energy plan and committed to spend $2 billion on the sector but finds it “frustrating” that the country is not doing anything to tap the huge hydropower potential. Edited excerpts… ... Read More »

Vibrant Gujarat Summit: Rs 1 lakh crore fuel to fire up renewable energy

According to reports, after remaining quiet for some time, the renewable energy sector in Gujarat is waiting to buzz again this Vibrant Gujarat Global Summit (VGGS). This is evident from renewable energy projects worth a massive Rs 1 lakh crore of memorandums of understanding (MoUs) that are expected to be signed. Several companies have proposed to set up wind, solar, hybrid (wind and solar combined) and canal top solar power projects in the state. According to details available with the ... Read More »

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