We have an active pipeline of 3,000 MW renew projects
Wind energy has been identified as a potential response to India´s crucial power challenges since the 1990s. Since then, no other renewable energy source has attained the level of maturity that wind power has, and even after a good 25 years, we still await the full potential of this renewable source to be realized.
YEIDA proposes solar plants on unused land
The Yamuna Expressway Industrial development Authority (YEIDA), has in its board meeting, sought permission from the UP Govt to set up solar plants across 100 hectares of unused land.
Land valuations hit green field power projects
The major blow to the sector was the governments inability to pass the Land Acquisition Bill. In the current scenario, it is impractical to put up a power plant as the land value is at a much higher level. In the urban area, it costs four times more and in the rural it is higher by two times.
Australian court rejects bid to stop Adanis coal project
In a relief to Indian mining giant Adani Group, an Australian court rejected a bid by environmentalists to stop its $16.5-billion controversy-hit coal mine project, but said the firm has "exaggeratedö the economic benefits including the number of jobs and amount royalties.
At Rs.6-7/kWh, user benefits without any investment
Solar power is now available at Rs 5 or Rs 6, having come down significantly. But it all depends on how all the logistics are developed around that and ultimately how effectively the benefits are passed on to the consumer.
India´s sunshine states can be major investment destinations
Globally, the success of solar energy deployment has been completely dependent on certain external factors. India is no different. With an encouraging 2013, the industry was more confident about the next couple of years. However, with issues like key administrative changes and anti-dumping concerns, the investment decision was stalled by some international players.