"Make in India is yet to become a reality"
Confusion regarding GST rate on solar and safeguard duty on SEZ-based manufacturing units are not allowing the domestic manufacturing industry to grow, feels Ivan Saha, BU Head- Solar Manufacturing and CTO, Vikram Solar.
REC inks 200 million Euro deal with KfW
State-owned power sector financier REC has signed a 200 million Euro loan with KfW in Frankfurt. Under the Indo-German development cooperation, this is REC’s fourth line of credit. REC plans on utilising the sanctioned loan amount for financing renewable energy projects in India.
Gearing up for 80 GW and beyond
Wind dominates the renewable energy (RE) segment with an installed capacity of over 34,000 MW. The segment, which was once the leader in RE, may lose its sheen as grid-connected solar energy may take over wind in the coming years
Tamil Nadu's 40,000 crore plan to replace thermal units
Tangedco is set to replace all old thermal units in the state with new super critical units at an estimated 40,000 crore. The new thermal units, which will have a combined capacity of 5,700MW, will come up in the next five years. Several state-owned thermal units are working beyond their prescribed life of 25 years.
Brightening up Households
Uninterrupted and quality power supply is a precursor to economic development for any country. Electricity transforms people's lives and spurs them towards a better future.
Village electrification works under DDUGJY yet to start in J&K
The Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) despite the Centre’s go ahead of Rs 616.59 crore for Jammu and Kashmir (J&K) in 2015 under the scheme for 10 districts of Jammu region, nine districts of Kashmir and two districts of Ladakh region.
Enabling Tariffs & Policies Called for
Renewable energy contributes over 22 per cent to India's installed power generation capacity. Although conventional fuels still dominate this segment, the share of renewable energy sources has been steadily increasing from about 8 per cent in 2009.
Awards - 2016-2017
The cover story titled 'StUMPPed!!!' highlights the plight of UMPPs of Tata Power and Adani Power in the light of rise in coal prices due to change in regulations by Indonesia and Australia. But can India afford to forsake such huge assets built assiduously, is the question it raises.
PSEs adopt Bloomberg's FXGO platform
Bloomberg announcedthat a growing number of India's public sector corporations are adopting Bloomberg's Foreign Exchange electronic trading platform (FXGO) for foreign exchange dealing. The corporations include GAIL, REC and ONGC Videsh Ltd - whose corporate treasury desks are using Bloomberg FXGO to analyse trade ideas, request quotes, execute, and perform post trade analysis, all on a single electronic platform.