CMI Ltd. bags order worth Rs 36 crore from GETCO
CMI Limited, has been awarded an order worth Rs 36.24 crore by Gujarat Energy Transmission Corporation Limited (GETCO). for supply of 66 kV XLPE cables. The order is revenue accretive and will be delivered within two quarters of FY2017-18. The cables for the new order will be manufactured at CMI’s newly acquired facility at Baddi, Himachal Pradesh.
Mah discoms fail to pay Rs 2,300 cr dues
Maharashtra State Electricity Distribution Company (MSEDC) has failed to pay dues worth Rs 2,300 crore to renewable energy companies hitting their viability, sources have stated.
Mah discoms fail to pay Rs. 2,300 cr dues
Maharashtra State Electricity Distribution Company (MSEDC) has failed to pay dues worth Rs.2,300 crore to renewable energy companies hitting their viability, sources have stated.
We at Power Today are pleased to present the Power 20:20, the league of 20 companies and 20 people who have made a mark during 2015-16 going by various parameters, for the 8th year in a row. With the active research support of Feedback Infra Private Limited (FIPL), our Knowledge Partner, we have steered through this massive annual exercise successfully. The result is there for you to see.
Bijal Ashokbhai Shah, IAS, Managing Director, Uttar Gujarat Vij Company Limited, aged 49, holds a BE degree in Civil Engineering from LD College of Engineering, Ahmedabad and an additional degree in Law.
ACME to supply power at Rs.4.43 per unit in AP
ACME, a green energy player, has bagged tenders for developing 200 MW of solar power projects in separate bids conducted by Solar Energy Corporation of India (SECI) and NTPC in Andhra Pradesh and Telangana, respectively, it said in a statement. ACME won the largest share of 150 MW out of 400 MW at fixed tariff of Rs.4.43 per unit in addition to viability gap fund of Rs.55 lakh per MW.
ACME Solar builds portfolio of over 1 GW; wins bids in Telangana
ACME Group expects to achieve their target of 1 GW of solar projects spread over several states by next year, even as many are at an advanced stage of implementation. The company recently bagged 446 MW solar PV projects in Telangana through major tenders of 1,500 MW and 500 MW, accounting for about 22 per cent of such projects offered by the new state.
RE Commitments: Sunny or Windy days ahead?
With a total of 2.70 lakh MW of renewable commitments from public and private developers, 62,100 MW of manufacturing commitment from public and private manufacturers, and 6,000 MW of EPC commitments from players.