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Mytrah Energy reports $362.23 mn in revenue
Mytrah Energy Ltd, announced results for the year ended December 31, 2016. The company reported full year revenues of $362.23 million, an increase of 385 per cent, over last year’s revenue of $74.72 million. The increase is due to a combination of higher revenue from power generation and inclusion of construction revenue.
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Guj annuls 4 GW coal plant
The state has annulled a 4 GW coal UMPP to be developed by the Gujarat State Electricity Corporation, citing existing surplus generation capacity (30 GW — old and renewable energy) and a desire to transition from fossil fuel–based energy sources to renewable power.
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Solar shines!
The Union Budget is full of sops for solar - in terms of investment, village electrification and taxes. But, it calls for building renewable power compatible T&D infrastructure on a war footing.
Union Budget, Investment, Renewable Power, Union Budget 2017-18, MSME, SME, Demonetisation, EDC, Thomas Rookmaaker, Solar Focus, JNNSM, DIDF, Jaideep N. Malaviya, Thermal Power Generation, Andrew Hines
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Private sector steals a march over Co-op and PSUs in capacity
Power infrastructure in India had really improved at least by 5- 6 % on an yearly basis, and the installed capacity had peaked up to 320 GW, by now. There has been a tremendous shift in renewable power as the same constitutes of 29% of the total installed capacity, mostly coming from wind and solar.
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Green Grid Gap
Green Energy Corridor planned to carry ´intermittent´ solar and wind power from producers to consumers efficiently, is yet to catch up with the pace of capacity creation.
Green Energy Corridor, Intermittent, Paris Summit, Renewable Power, Infrastructure, Piyush Goyal, Mercom Capital Group, Solar Installations, Electricity, Grid, NGCP, REMC, MNRE, Transmission, Solar Parks
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Solar’s share in India’s power generation on the rise | CEA
With increasing installation activity, the solar sector has come a long way in the past two years in India. Solar energy now accounts for almost one per cent of total power generated in India and 13 per cent of the total renewable power generated in the country. S
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Virtuaal Infra Power signs agreement with InfraCo Asia
Green energy developer Virtuaal Infra Power Pvt Ltd (VIPL) has announced its association with Singapore based Infra Co Asia Development Pte. Ltd. The association will help Virtuaal Infra power in producing renewable energy in north-eastern state of Arunachal Pradesh.
Power, Infra, Hydro Power, Arunachal Pradesh, Finance, Debenture, Development, Renewable Power, Electricity Supply, Green Energy, Sustainability
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