KEC International bags Rs 13 billion order
KEC International, a global infrastructure EPC major has secured new orders of Rs 13.57 billion across its businesses.
Its transmission and distribution business has secured turnkey orders of Rs 12.34 billion across SAARC nations, parts of America, Middle East and Africa.
Rural Electrification Rs.400 Billion Opportunity!
The Indian power equipment industry aspires to become a $100-billion industry by 2022, and its golden days have begun with programmes like rural electrification under the Deen Dayal Upadhyay Gram Jyoti Yojna
How to save India's ailing power sector
India's state utility companies make losses of $9 billion annually. While raising tariffs for consumers or farmers is an option - it remains unlikely given upcoming elections or political pressure.
What Threatens the Indian Green Story
The country is witnessing a continuous trend of plummeting energy costs due to consistent decrease in the generation prices of renewable energy. Prices of renewables over the last few years have seen all-time lows, such as Rs 2.44 per unit of solar power and Rs 2.43 per unit of wind power in tariff-based competitive bidding.
Good Progress, but More Needed
India has taken a big leap in energy efficiency, with significant improvement in both supply-side and demand-side management in the past five years; the challenge now is to increase storage capacity and reduce T&D losses, says Renjini Liza Varghese.
India's evacuation conundrum
India is steadily moving to the ambitious target of 175 GW of installed renewable energy capacity by 2022 or even earlier. Total contribution from solar is tasked at 100 GW, out of which 40 GW is expected to be roof top solar, rest being grid connected.
The Stress Marks!
India's power sector is in a catch-22 situation. A sound analysis of the power sector affirms that the sector is in the ICU where 78,000 MW of projects are under stress; and approximately Rs 1,200 billion worth unviable projects and PPAs are signed for a mere 7,000 MW.
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