APTEL order brings relief for Tata Power, Adani Power
The Appellate Tribunal for Electricity (APTEL) ruled that the change in Indonesian laws that rendered Tata Powers and Adani Powers Mundra Power plants unviable qualifies for invocation of the force majeure clause.
Sunshine in the Solar Sector
That stemming climate change needs urgent attention and decisive action, is not news. The need for clean energy is being felt like never before and as a country with the third largest carbon footprint and a population of over a billion, India needs to find solutions.
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.
Australia grants green clearance Adani mine
Australian Environment Minister Greg Hunt reissued the environmental permit for construction of one of the world´s biggest coal mines to Adani Enterprises, after clearing concerns about two rare outback species.
Adani to supply power to railways at Rs.3.69/unit
Indian Railways today entered into a PPA with Adani Power for supplying 50 MW electricity at Rs.3.69 per unit for three years, which will result in saving of around Rs.150 crore annually.
L&T bags orders worth Rs.1,810 crore
Larsen & Toubro has bagged orders worth Rs 1,810 crore across various verticals. The company´s construction arm has secured these contracts in the buildings and factories, water, power and transportation infrastructure businesses.
ABB India bags Rs.119 crore orders
ABB India has won orders worth around Rs 119 crore to provide electrification, automation and substation solutions for solar power plants in the country. Spread across Karnataka, Tamil Nadu and Andhra Pradesh, these projects will connect more than 850 MW of solar energy to the grid and will be among the biggest solar projects worldwide.
Our anti-dumping policy has led to imports costing around 25% less
Predominantly today, the solar industry is ruled by capital costs and the impact directly comes from the manufacturing capacity. The problem is that whatever manufacturing we have is either slightly outdated or not big enough to compete on cost.
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