CLP India eyes transmission assets
Making its entry into the space of transmission, CLP India Pvt Ltd is looking at acquisitions, according to sources, in the backdrop of low green energy tariffs that threaten profitability.
India to consider ways to cut hydropower tariffs
India is mulling reducing tariffs for new hydro-electric power projects. The move seeks to help them compete against cheaper forms of electricity, according to sources. The power ministry has proposed excluding the costs of building infrastructure like roads and bridges from tariffs to make new hydropower projects viable.
R&D in solar PV is taking place at a good speed
PV technology in India has completed more than 40 year and it is evolving continuously. Today, we occupy the position of a leader in the world's solar power market. India did a commendable job in the 1990s when manufacturing base was strengthened to over 300,000 smaller systems aggregated to 22 MW.
Budget Reaction | Allcargo Logistics Limited
“The Union Budget 2017 with an agenda to transform, energise and sanitise India is reasonably balanced for an inclusive growth of the Indian economy. A couple of initiatives announced in the Budget presented on Februrary 01, bring some cheer to the sector.
Budget Reaction | CleanMax Solar Pvt. Ltd.
There are no major surprises in the budget for the solar industry. Reductions in Accelerated Depreciation and Section 80-IA benefits had been announced last year, and the budget is consistent with those announcements.
Solar tariffs expected to fall as low as Rs.3.50/unit
Solar power tariffs in India, which have fallen below Rs.5 per unit since November, are expected to fall further as the industry doubles volumes every year and the cost of producing power continues to decline.
Our new technologies boost power production by 15-20percent
During the last financial year, we posted profits and expect to do so, this year too. We will now continuously be on the profitable path because we have brought down some fixed costs. Also, when we plan to add over 1,000 MW a year, we will always be in profit. The market is growing at 30 per cent and we are growing above the market levels.
No hike in tariff due to doubled coal cess
According to Union Power Minister Piyush Goyal, the budgetary announcement of doubling coal cess will not lead to hike in power tariffs since power distribution companies (discoms) will benefit from Ujjwal Discom Assurance Yojna (UDAY).