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    CCI nod for JSPL’s 24 MW wind power project sale

    According to reports, fair trade regulator CCI has approved the proposed acquisition of Jindal Steel and Power’s 24 MW wind power generation business in Maharashtra by Parjanya Wind Power. For the transaction, a business transfer agreement was inked in October. The Competition Commission of India (CCI), which keeps a tab on unfair business practices has cleared the deal, as per the regulator’s website. Under the deal, Parjanya — wholly-owned subsidiary of India Infrastructure Fund 11 — would acquire the 24-MW ... Read More »

    Centre sanctions Rs 30 crore for solar cities programme

    According to reports, funds worth over Rs 30 crore have been sanctioned to 21 states and union territories under the solar cities development programme, the government said Thursday. These funds were sanctioned during the last three years till November 30 this year. Out of the total sanctioned amount of Rs 30.36 crore under the Development of Solar Cities Programme for 21 states and union territories, around Rs 12.98 crore have been released, Power and Renewable Energy minister, Piyush Goyal, told the ... Read More »

    Tamil Nadu leads India’s solar installation with 1,577 MW capacity in operation

    According to reports, ten Indian states, led by Tamil Nadu are top states which account for around 90 per cent of all solar installations and pipeline in the country, Mercom Capital Group said today in a report. The other states are Rajasthan, Gujarat, Andhra Pradesh, Telangana, Madhya Pradesh, Punjab, Karnataka, Maharashtra and Uttar Pradesh that hold the key to India’s solar future. Tamil Nadu leads all other Indian states with 1,577 MW in-operations. In order to fulfil the state Renewable ... Read More »

    India defers first reverse auction for wind power projects by three weeks

    According reports, India’s first reverse auction for wind power has been postponed by three weeks. The last date for submission of bids has been extended to January 8 in the New Year from December 15, while the opening of bids, earlier scheduled for December 16, will take place on January 9. “There was a pre-bid meeting on November 29 at which developers sought many clarifications,“ said Ashvini Kumar, Managing Director, Solar Energy Corporation of India, the arm of the Ministry of ... Read More »

    Germany to provide India a 1 billion Euro soft loan for ‘Green Energy Corridors’

    According to reports, Union Minister of state (IC) for Power, Coal, New and Renewable Energy and Mines, Piyush Goyal in a written reply in Lok Sabha on Thursday said that in order to facilitate integration of large scale renewable generation capacity addition, a comprehensive scheme including intra-state and inter-state transmission system has been identified as a part of ‘Green Energy Corridors’. Intra-state transmission system is being implemented by respective State Transmission Utilities (STU) and inter-state transmission system is being implemented ... Read More »

    Senvion Wins Firm Framework over More Than 500 MW in India

    Senvion, a leading global manufacturer of wind turbines, has concluded its first contract in India for the supply of 220 Senvion turbines totaling more than 500 megawatts (MW) under a firm framework agreement with one of the large Indian IPPs. The 220 turbines will consist of turbines from the recently acquired Kenersys portfolio. Turbines are planned for installations starting in Q4 2017 until 2019 with commissioning of the first site by the end of 2017. Once the whole framework agreement ... Read More »

    MPCCIA for subsidy to buy solar energy for cold storage units

    According to reports, two days ahead of scheduled start of India Cold Chain Expo (ICE-2016) here, a Madhya Pradesh industry body today demanded the Centre to grant 35 per cent subsidy to buy solar energy system for running cold storage centres. “We want to run our cold storages by solar (green) energy. We demand that the government should provide us 35 per cent subsidy for purchase of solar power system to run our establishments,” MP Cold Chain Industry Association (MPCCIA) ... Read More »

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