We need strong transmission lines for wind
The policy from the beginning has articulated that there will be unwind or sunset of all the subsidy elements. And, that has been consistent. Some of them were given sunset in the last budget, while some have continued.
Gearing up for 80 GW and beyond
Wind dominates the renewable energy (RE) segment with an installed capacity of over 34,000 MW. The segment, which was once the leader in RE, may lose its sheen as grid-connected solar energy may take over wind in the coming years
On the Right Track
Globally, 20 per cent of the total generated energy is used for lighting purposes alone. Experts are of the opinion that the said number has to be revoked considering the challenges arising from climate change issues.
ICRA weighs UDAY effect on PFC
The governments Ujwal Discom Assurance Yojana (UDAY) scheme to help ailing power distribution companies (discoms) could weaken Power Finance Corporations (PFC) profitability and impact its credit growth over the next two years, says rating agency ICRA. However, it has also pointed to the potentially beneficial effects of UDAY and kept its rating high.
Ushering in a new Dawn
Ujwal Discom Assurance Yojana (UDAY) announced in the first week of November 2015 to overhaul the operations of distribution companies (discoms) though a slew of carrots and sticks has evoked hopes that the scheme could usher in a new dawn for the Indian power sector, which has been saddled with numerous problems.
A Great Hidden Opportunity - Refurbishing of Power Stations
Can we add a Megawatt (MW) at half the cost of a new build? Can we save 5-10 per cent on fuel consumption by improving heat rate? Can we save on cost of generation by reducing auxiliary consumption? Can we operate the same facility for another 10 years? Can we manage existing power stations more smartly? Can we reduce Green House Gas (GHG) emissions? These questions assume significant importance in today´s world with rising costs, issues around land availability, need for improved reliability
Our bonds have been fully subscribed on day one
The asset-specific bonds, that we have issued recently is indeed an innovative way to re-finance projects. Most importantly, this bond has been issued after completion of the project.
Sterlite bags Rs.2,900 cr transmission package
Sterlite Transmission Projects has bagged the biggest transmission project to be awarded through the competitive bidding route in the country, having quoted the lowest tariff amid competition from eight other players.
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