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Micro grids poised to take off in India


According to reports, the Centre’s plans to supply electricity 24/7 to all parts of India in five years has opened up vast opportunities for power and automation companies such as ABB, GE, Schneider Electric and few others. These companies have expertise in setting up micro grids that have emerged as a practical solution to provide electricity to off-grid and inaccessible areas. The opportunity is so huge that ABB CEO Ulrich Spiesshofer at a recently held global analysts’ conference mentioned about ... Read More »

Tamil Nadu should set up wind energy forecasting mechanism


According to reports, Tamil Nadu should set up a state-level wind energy forecasting mechanism and wind energy integration facility to avoid ‘evacuation loss’ of power produced in wind mills, a top official of Indian Wind Power Association said today. The evacuation loss has been a major hurdle in meeting the gap between power requirement and availability. This loss in 2012 was 11.37 billion units and three billion in 2013, K Kasthurirangan, chairman of Indian Wind Power Association (IWPA), said addressing ... Read More »

Energy summit stresses on integrated power distribution


According to reports, the lack of integrated power distribution system and prediction of wind power generation in the country were cited as major concerns in the energy sector at the maiden energy summit organized by FIon Saturday in the city. The conference also discussed the 3,330MW power gap between the demand and the availability. The conference comes in tandem with the union minister for power, coal and renewable energy, Piyush Goal announcing $100bn investments in renewable energy on September 11. ... Read More »

ADB to give $150 mn for renewable energy development in Rajasthan


According to reports, Asian Development Bank will provide loans totalling $150 million to help create infrastructure for renewable energy development in Rajasthan. “The Asian Development Bank (ADB) and the government today signed two loans totalling $150 million to help build transmission lines that will support renewable energy development in the state of Rajasthan,” ADB said in a release. The $150 million loans are the first tranche of the $500 million Rajasthan Renewable Energy Transmission Investment Program approved by ADB in ... Read More »

USD 100 bn investment likely in renewable energy in 4 years


According to reports, the government is expecting USD 100 billion investment in the renewable energy sector in the next four years as it firms up a new policy framework for the same. “We expect USD 100 billion in the renewable energy sector in the next four years,” Power, Coal and Renewable Energy Minister Piyush Goyal said today at Economist India summit. He also said the government expects USD 50-60 billion investment in power transmission and distribution in the next four ... Read More »

Smart Cities will make India manufacturing hub for energy efficient solutions


According to reports, with the national green promise taking shape, in the form of green building movement and plans for development of smart cities, India has potential to become a manufacturing hub for energy efficient, according to Danfoss, a global player in energy efficiency solutions. Speaking the Green Building Congress here, Danfoss highlighted energy efficient solutions given the Government’s thrust towards setting up 100 smart cities. With rising population and infrastructure constraints, the need to build smart cities has been ... Read More »

CERC staff paper bats for innovation in power trading business


According to reports, in a bid to further promote development of power market, the Central Electricity Regulatory Commission’s (CERC) staff discussion paper has made a pitch for allowing a more liberal interpretation of trading margin applied on short term transactions undertaken by traders and to incentivize traders to innovate in trading business for the larger interest of the markets and the consumers. The staff paper, which is uploaded on CERC’s website seeking feedback from various stake holders, has proposed that ... Read More »

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