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    Annual conference on wind energy in Delhi next month

    According to reports, the Indian Wind Turbine Manufactures Association along with the Global Wind Energy Council will host the annual conference on wind energy ‘Windergy’ in New Delhi next month. Secretary General of the Association D V Giri said here that the issues facing the industry will be discussed at the conference, where experts of international repute will address sessions. The three-day conference will be held from April 25-27. The event will bring together key government authorities, manufacturers, service providers, ... Read More »

    Sembcorp Says India Payment Delays Raising Developer Costs

    According to reports, Sembcorp Industries Ltd. said recurring payment delays by Indian electricity retailers are piling on costs to operators and are bad for the renewable power business it wants to build. Payment delays risk “affecting development of the sector,” Sembcorp India Chief Executive Officer Vipul Tuli said in an interview in New Delhi. The local unit of the Singaporean conglomerate, which last month won an auction to supply wind power in India, already has $4 billion of energy assets ... Read More »

    Inox Wind looks to sell its stake in new project

    According to reports,  Inox Wind Infrastructure Services Ltd., one of the four winners of the first wind power auction held in October, is already looking to sell a stake in the 250 MW project it was awarded, people familiar with the development said. Several buyers have shown interest, with ReNew Power, which lost out in the auction, close to clinching a deal. Neither ReNew Power nor Inox Wind was willing to comment on the matter. Inox won the bid quoting ... Read More »

    NTPC installs India’s largest floating solar PV plant

    According to reports, State-run NTPC on Friday said it has installed India’s largest floating solar photovoltaic (PV) plant at Rajiv Gandhi Combined Cycle Power Plant (RGCCPP) at Kayamkulam in Kerala. “A 100 kWp (kilowatt peak) floating solar PV plant, the largest of its kind in India as on date, indigenously developed as a part of ‘Make In India’ initiative, was inaugurated by A K Jha, Director (Technical) NTPC in presence of V B Fadnavis, RED (SR), R K Srivastava, ED (NETRA) ... Read More »

    McNally Bharat bags Rs. 415-cr solar power project in AP

    According to reports, McNally Bharat Engineering Company Ltd has bagged a Rs. 415.29-crore order from Andhra Pradesh Power Generation Corporation Ltd. The project entails design, engineering, manufacturing, supply, commissioning and operation and maintenance of 500-MW grid connected solar photo voltaic power project including civil works in Andhra Pradesh, the company informed the BSE. Read More »

    Rewa solar plant to receive loan from World Bank

    According to reports, the World Bank has agreed to provide loan to develop internal transmission arrangements of the upcoming Rewa Ultra Mega Solar (RUMS) project in Madhya Pradesh, a state government official said today. “The World Bank has agreed to provide loan to develop internal transmission arrangements of the Rewa project. It will provide 25 per cent of the loan amount under its Clean Technology Fund (CTF), where the money will be provided at an interest rate of only 0.25 ... Read More »

    Draft Tariff Norms Spark Worries Over Power Grid, NTPC Earnings

    According to reports, stocks of Power Grid Corporation of India Ltd. and NTPC Ltd. have fallen 3-7 percent over the past month on fears that the government may bring down regulated returns for conventional utilities. The fears stem from the Central Electricity Regulatory Commission’s (CERC) draft tariff guidelines on renewables that propose to lower the regulated post-tax rate of return to 14 percent from 15.5 percent now, according to a report by Kotak Institutional Equities. The market fears a similar ... Read More »

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