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Tamil Nadu needs to improve infra for wind energy generation

According to reports, Tamil Nadu requires sufficient grid facilities to improve its wind energy generation capacity, a top official in the power industry said during a conference in the city on Saturday. According to Madhusudan Khemka, chairman, Indian Wind Turbine Manufacturers Association (IWTMA), more efficient evacuation of power and upgradation of infrastructure with new technology and better turbines is essential for people and companies to continue investing in wind power in the state. Presently, the state has a cumulative wind ... Read More »

ACME Cleantech launches India’s first power storage systems

According to reports, taking the lead position in the country for backup solutions powered by solar power, Gurgaon based ACME Cleantech Solutions launched Lithium-ion based power storage technology for high energy storage. Named as EcoGrid Energy Storage System, the product is priced at Rs 3.5 lakh per unit of 5kVA. The first target consumer base for this product would be residences, small commercial units and any industry where diesel consumption is high. The company is looking to sell close to ... Read More »

Consumers paying for congestion in power supply network

According to reports, the congestion in the power network of the country owing to demand supply mismanagement has cost dear to consumers and utilities alike. In past 3 years, power consumers across the country paid Rs 2,996 crore as additional cost to source power due to lack of network. Also, congestion has accumulated in 5 regional grids to around 80 per cent of the supply time, hurting electricity availability and revenues. In a calculation done by the Indian Energy Exchange ... Read More »

India starts work on green power corridors

According to reports, faced with an ambitious green energy target of 175,000 megawatts (MW) by 2022, India has started work to set up transmission corridors to supply green power across the national grid. State-owned Power Grid Corp. of India Ltd (PGCIL) plans to construct transmission links for 10,000MW solar capacity that may involve an investment of about Rs.9,000 crore. Of the total 100,000MW solar power capacity planned, 20,000MW will come from solar parks and 40,000MW each from roof-top and distributed ... Read More »

Power Grid clears Rs 2,247 cr for Green Energy Corridor project

According to reports, state-owned Power Grid Corporation of India (PGCIL) today said its board has approved a Rs 2,247.37 crore investment plan for the third part of the inter-state electricity transmission project. In a BSE filing, the company said: “The Board of Directors of the company at its meeting held on July 2, 2015, has accorded investment approval for Green Energy Corridors: Inter-State Transmission Scheme (ISTS) Part-C at an estimated cost of Rs 2,247.37 crore, with commissioning schedule of 36 ... Read More »

India in talks with ADB, World Bank for $2 bn loan for PGCIL

According to reports, the World Bank and the Asian Development Bank (ADB) are in talks with the Indian government for providing a loan of around $2 billion to state-owned Power Grid Corporation of India Ltd. (PGCIL). In addition, the transmission utility is also evaluating the prospects of raising $500 million through global rupee-denominated bonds. The loan from the World Bank and ADB, if it comes through, will boost India’s green energy efforts and enable PGCIL to set up transmission corridors ... Read More »

Green Energy Corridor to avert Massive Loss in Transmission

According to reports, one major issue plaguing the Renewable Energy (RE) companies is wastage of billions of units of power during transmission from generator to grid. In 2014-2015, 3.1 billion units went to waste, when it could have supplied power to a state for days. This should end, if the 175 GW as envisioned by the government is to materialise, say experts. The issue of transmission loss was raised at the 14th Green Power Summit organised by the Confederation of ... Read More »

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