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BHEL and BEL firm up JV plans for 250MW Solar PV plant in India

BHEL is the largest engineering enterprise of its kind in India and one of the foremost companies in the international power arena. While its core competence is in the power sector, it also caters to other core sectors like; Industry, Transportation, Transmission, Oil & Gas, Defence and Renewable Energy. Its diverse manufacturing base supported by contemporary and unique manufacturing facilities gives it a competitive edge. With a product portfolio of over 180 products, BHEL has its foot print in over ... Read More »

PLG Power implementing 70MW solar power- targets 200MW Solar EPC by 2012

PLG power was one of the first companies to be alloted capacity by the Gujarat government under its state policy. As Panchabuta had mentioned last year, PLG was one of the companies shortlisted when the state of Gujarat announced that  Gujarat Urja Vikas Nigam Ltd had  finalized 17 PPAs for 235MW of generated Solar PV and Solar Thermal for 25 years in May last year. Since, the progress made by a lot of these developers have not been as expected ... Read More »

New Semiconductor policy with 25% concession on capex likely to boost Solar manufacturing in India

Special Incentive Package Scheme-1 (SIPS-1) was announced by the Union government in 2007 as part of the Semiconductor Policy to boost the semiconductor manufacturing sector. In SIPS-I, the minimum amount of such investments for a fab unit was around Rs 2,500 crore and Rs 1,000 crore for ecosystem units. The Indian government defines ‘fab unit’ as a semiconductor wafer fabrication facility and eco-system also includes the manufacture of semiconductors like LCD, OLED, storage devices, solar cells, etc. In the proposed ... Read More »

BSNL is also looking to put up Solar in place of diesel generators to operate mobile towers says India Minister of State for Communications

The department of telecom (DoT) plans to provide subsidies and incentives to operators using renewable energy. Some of the incentives include 30 per cent subsidy on the total cost of making 200 towers eco-friendly in a certain area and supporting the rollout of eco-friendly towers in rural areas.  Panchabuta has earlier reported that, a proposal is being finalized  by the ministry of new and renewable energy (MNRE) that is aimed at containing the use of polluting diesel generators to provide back-up ... Read More »

Global Solar Investment Summit:April 15’th and 16’th, Mumbai,India 2011

The first round of the first phase of the Jawaharlal Nehru National Mission was announced and bids invited for 620MW of projects, 470MW in Solar Thermal and 150MW in Solar PV last year. Panchabuta was the first to report  on the Solar PV and thermal developers  shortlisted for the first phase of the Solar Mission. 37 developers for a aggregated capacity of 620MW have been shortlisted and PPA’s signed. Subsequently early this year, all but one of the developers have signed their PPA’s and the time ... Read More »

10 companies to setup more than 50MW solar power projects in ‘Solar City’ in Anantapur-Andhra Pradesh

Andhra Pradesh government had last year indentified a number of locations in the state including Kadiri in Ananthpur (2,200 acres) , Gurajala in Guntur District (4,575 acres) , Nennal in Adilabad district (1,008 acres)  and Pulivendula and Kopparty in Kadapa district (625 acres) for solar power projects. The state however has not announced any definitive solar policy like Gujarat or event a draft policy or a road map like Rajasthan, Tamil Nadu and Odisha. However, the local regulator the Andhra ... Read More »

BHEL creates Project Engineering and Systems Development division to provide Solarturnkey EPC solutions

It seems like the announcements from companies in planned capacities and targets seems to keep coming unabated. Last week,  L&T partners with Sharp to provide turnkey Solar EPC-targets 100MW in 12 months and turnover of Rs 13 billion and  The meeco Group, entered into a joint venture between PV Energy Private Limited (Indian subsidiary of PV Energy Limited, UK) and Soma Enterprise Limited, a leading infrastructure company in India. The joint venture will provide turnkey EPC and Operations and Management services and talked about  50 ... Read More »

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