Telangana to add 5880 MW new capacity
Telangana Energy Minister Jagadish Reddy informed the State Legislative Assembly that the state would get an additional power of 5,880 MW by 2018-19.
BoP, the consolidator!
A few BoP players suggested that the recent trend from generation companies to award contracts on a single point source is likely to push big BoP players to look for more consolidation or partnering in the equipment business. However, there is a twist in offing.
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.
Foreign firms bring down solar bids in India
Foreign firms are pushing down solar tariffs in India, with the lowest bid in the last auction at Rs.4.34/kWh. While the low prices have evoked mixed reactions as to the sustainability of such aggressive bids, what is interesting is that all the foreign firms are serious players in the segment.
Gurdeep Singh, 51 years, joined as CMD, NTPC in New Delhi. A Mechanical Engineer by profession he has over 28 years of experience in power generation sector.
Only Collective Growth is Sustainable
Let us start with the economic reform of India. After a big bang economic reform of Indian economy, Indian power sector was opened for private investment in generation, but with a license to generate. Indian power generation capacity addition growth rate was in between 24-26 per cent during 8th-10th five-year plans, with installed capacity as on March 31, 2002, 85,795 MW to 132,329 MW as on March 31, 2007 respectively.
Ushering in a new Dawn
Ujwal Discom Assurance Yojana (UDAY) announced in the first week of November 2015 to overhaul the operations of distribution companies (discoms) though a slew of carrots and sticks has evoked hopes that the scheme could usher in a new dawn for the Indian power sector, which has been saddled with numerous problems.