Work on JK's first wind power plant to begin in 2017-18 fiscal
The work on Jammu and Kashmir's first wind power project, to be built in Reasi district at an estimated cost of Rs 46 crore, will begin in 2017-18 fiscal, Finance Minister Haseeb Drabu has said. National Institute of Wind Energy (NIWE), an autonomous institute under MNRE, has identified a windy site at Bidda village in Reasi which has a potential to generate 25 MW power.
Govt to fast-track INR 90,000 crore power projects
The Centre has decided to fast-track 10 power projects worth Rs 90,000 crore planned by State-owned companies led by NTPC, which have been held up by land-related issues, identified in the Economic Survey as the biggest hurdle for stalled public sector investments.
Siemens bags Rs 411 cr order from Power Grid Corp
Siemens Limited announced that it has won a crucial turnkey order (design, engineering, commissioning and installation) from Power Grid Corporation of India Limited (PGCIL) worth approximately Rs. 411 crores. The order is for Static Var Compensators (SVCs) for three of PGCIL’s substations: Ludhiana in Punjab, Kankroli in Rajasthan and New Wangpoh in Jammu & Kashmir.
The limited tariff hikes so far by SERCs for FY 2014-15, coupled with rising subsidy dependence to the tune of ` 72,000 crore for the sector as a whole, remains a concern for sector experts. The turf war over imposition of anti-dumping duty (ADD)
According to a report released by Pike Research in 2013, a total of 454 geothermal projects are currently underway across the globe. A total of 64 countries have active geothermal projects (with surface exploration already underway), a significant improvement over the 30-odd countries
India eyes four solar power plants of 1000 MW each
The government is aggressively accelerating the solar energy programme and aiming for 4 giant plants of 1,000 MW each. It also wants to bundle solar and conventional power to make renewable energy more affordable. Giant solar projects may be put up quickly in Rajasthan, Gujarat, Jammu & Kashmir and Ladakh as the new government is keen to promote this source of renewable energy.
Alstoms Uri II hydroelectric project
Alstom has successfully commissioned NHPC´s Uri II (4x60 MW) hydropower project situated in Jammu & Kashmir after availability of full water for running all the four units of the project. The synchronisation of the four units was done in phases.