Suzlon Energy and CLP India in an agreement will be divesting 49 per cent stake in two of its solar projects of 50 MW and 20 MW in Dhule, Maharashtra.

Electricity forms an integral part of the utilities which currently contribute nearly 2.02 per cent to Asia's third largest economy. The nation's power sector has long been grappling with grim infrastructure and ageing transmission - woes that have debilitated the nation's economic health.

Making its entry into the space of transmission, CLP India Pvt Ltd is looking at acquisitions, according to sources, in the backdrop of low green energy tariffs that threaten profitability.

In the past five years, coal power made up over two-thirds of capacity additions in India's generation, and currently accounts for more than 60 per cent of India's power capacity. According to the International Energy Agency (IEA), India's coal demand will see the biggest growth over the next five years, despite a global slowdown.

If you look at CLP’s Jhajjar thermal power plant, we started with raising debt in Rupee and subsequently raised foreign currency borrowing. As the operational performance of Jhajjar improved over a period of time, we looked at the debt capital markets.

Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and merger and acquisition (M&A) activity for the solar sector in the second quarter (Q2) of 2016.

The recent positive developments have raised the hopes of revival of natural gas-based power sector in the country, where many plants were either closed or operating at lower than optimal levels.

Given the fact that a significant quantity of coal will continue to dominate India´s energy generation, energy efficiency becomes vital. As per the thumb rule: higher efficiency in the generation of electricity means, lower consumption of coal per unit of electricity generated.

Since the last few years, government policy and the environmental framework that grants concessions to operate a power plant have been clearly favouring supercritical or efficient and cleaner technology.