Himachal facility generating power costlier than market rate: CAG
A state-run hydropower project in Himachal Pradesh, being funded by the Asian Development Bank, which was partially commissioned last year after cost overruns and delays, is generating power much costlier than the market rate, report of the Comptroller and Auditor General (CAG) said.
Step in the right direction
While Green Energy Corridor may enhance transmission grid to a greater extent, the evacuation issues faced by the renewable energy segment may not get fully resolved in the near future.
Is Micro-grid the Answer to Rural India's Power Woes?
Micro-grid can be defined as a small network of electricity users with a local source of supply that is usually attached to a centralised national grid but is able to function independently. From India's context, rural micro-grid is a small electricity network implemented at a village level with its own generation unit.
Wärtsilä to supply 70-MW power plant to APGCL
Currently, a major portion of the electricity is imported into Assam. The new power plant will contribute to the regions energy independency and help to meet its increasing electricity demand
Banks, NBFCs to finance 76,000-MW CE projects
Public and private banks as well as non-banking finance companies (NBFCs) have committed to finance clean energy (CE) projects of 76,532 MW, with an outlay of Rs.3.82 lakh crore
PGCIL to get $2 bn loan from multilateral agencies
The Indian government is in talks with international multilateral financial agencies such as Asian Development Bank and World Bank seeking loan worth $2 billion for PGCIL, said a source close to the development.
CSP is more in the developmental stage
As far as CSP is concerned, we have the proposals for the two pilot projects of 50 MW each. The Asian Development Bank (ADB), is likely to fund these projects. So at present, these are the only two CSP projects in the pipeline with us.
Power 20:20 | Welspun Energy
Welspun Energy Ltd. (WEL) is part of the $3.5 billion Welspun Group. WEL has identified a portfolio of 1 GW wind and 750 MW solar capacities and is working to commission these. The company has successfully commissioned 297 MW (DC)
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