GE commissions Pole 2 of Champa-Kurukshetra HVDC link
Paving the way for reliable, safe and efficient access to energy in northern India, GE announced the successful completion of the first phase of the two-phased Champa-Kurukshetra HVDC project.
Sprinting on a Growth Track
The World Bank recently has put out a report in which the demand for electricity in India is growing at the same rate as in France or Germany as millions of people in rural or impoverished areas seek access to power in their homes and workplaces.
TPPs for Sale
Power sector seems to have seen hectic activity over the last three years - in terms of generation, transmission and distribution of power and efforts to create and bolster demand. However, with every addition of a megawatt in power generating capacity the problems of the sector got accentuated.
Energy storage market to touch 70 GW by 2022
The market for energy storage in the south Asia region is dominated by India. As per estimates, India could attract investments in the energy storage devices manufacturing to a tune of $6 billion in the short-term. The total energy storage market between 2015 and 2022 in India is expected to go up from 4.4 GW to 70 GW, according to India Energy Storage Alliance (IESA).
9 MW commissioned under in Karnataka Farmer’s Solar Scheme
Rays Infra Power has commissioned a 9 MW solar PV project, assigned by Brewer Energy Private Ltd. Despite facing challenges with the land being highly uneven, the dedicated project team adopted corrective measures and the project was commissioned within the stipulated deadline.
The power supply situation in India has seen a significant improvement in the past two to three years. According to reports, in the year 2011, more than 33 per cent of the rural population and 6 per cent of the country's urban population had lacked electricity.
The Powernomics of GST
Finally, Goods and Services Tax (GST) has arrived on July 1, 2017, and the first batch of filing of monthly returns is underway in August 2017. Like any other changeover, GST is also facing its initial pangs.
Implementation is Key
Formulating policies is only the first step, the success of smart grids depends on the time-bound implementation of projects.
Technology enabled systems and solutions have become the driving force for electricity segment in the last few year.
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