Order of the National Green Tribunal in the matter of News Item titled "2 killed in blast at illegal cracker unit in Thanjavur appearing in The Hindu dated 19.05.2025". The application is registered suo-motu on the basis of the news item titled 2 killed in blast at illegal cracker unit …
NLC India Limited has told the Central Electricity Regulatory Commission (CERC) that the date of commercial operation of its 1,000 MW (2 x 500 MW) lignite-based thermal power project at Neyveli is being pushed to the financial year 2019-20 The company is implementing the power project as a replacement to …
Allows for a huge market for securitized bonds: India Ratings The combined outstanding regulatory assets for the thermal power sector stands at Rs 76,963 crore, according to India Ratings and Research, which sees a potential to securitize these receivables through bonds. “As per the latest tariff orders till FY2019, the …
Spanish co’s arm aims to bring in products suiting crop and climatic conditions here AgMA Energy Ltd, a 50:50 joint venture between MicroAlgae Solutions India, a wholly-owned subsidiary of AlgaEnergy, and Agrolife Sciences Corporation (ALSC), is looking to roll out specific products to suit Indian crop and climatic conditions. Headquartered …
The power transmission system to evacuate electricity from 25,000 MW of solar and wind plants in western India will cost Rs 12,682 crore and will have annual tariff impact of Rs 2,156 crore in the first five years. The infrastructure would be built for 8.9 giga-watt (GW) solar generation capacity …
The soaring receivables from Telangana and Andhra Pradesh distribution companies (Discoms) have weakened the internal liquidity of many projects and necessitated a reduction in their debt service reserve accounts. According to India Ratings and Research (Ind-Ra) projects with resourceful sponsors and adequate internal liquidity are likely to withstand the emanating …
Suzlon has erased $1 billion of value since Shanghvi invested Indian billionaire Dilip Shanghvi intends to stay invested in unprofitable wind-turbine maker Suzlon Energy Ltd. even though the company’s financial health has worsened over the last few years. If I look at outcome then clearly that investment hasn’t had a …
SRooftop installations are seen critical to India achieving its 175 Gw of renewable energy capacity by 2022 Rooftop solar, one the fastest growing sub-sectors in the country's renewable energy space, has hit a speed bump. Of the targeted 40 Gw of solar rooftop installs, only 10 per cent has been …
During the past one year, the rupee has fallen by about 5% against the US dollar while the module prices were down by 33% to around 21 cents per watt. The heavily import-dependent solar industry has warded off any adverse impact of the falling rupee as the steep reduction in …
Once electricity connections are given, to improve quality of life and promote economic activities, it is essential to ensure sufficient and affordable electricity supply, delivered with good quality, and supported by good service. Improving quality of service requires capital investment, but more than that, significant progress is possible through improved …
Electricity revenue subsidies finance 10% to 30% of the revenue required by electricity distribution companies (DISCOMs) in India. Consequently, they have significant impacts not only on the state exchequer but also on DISCOM finances. The report documents the subsidy design and payment practices across six states in India, namely- Gujarat, …
Azure Power now has ~1600 MWs of high-quality operational solar assets Highest rated large-scale(1) solar operational portfolio in India, 68% with A to AAA domestic rated counterparties Most diversified solar portfolio in India in highest radiation zones, spread across 24 states, including an industry leading rooftop portfolio of over 200 …
Total estimated cost of the solar project in Rajasthan is approximately $200 million; IFC to invest upto $43.3 million The company proposes development, construction, operation and maintenance of a 250 MW solar farm located in Bhadla, Rajasthan Hero Future Energies Global (HFE), the clean energy arm of Hero Group, will …
While Skymet expects a below-normal rainfall, IMD sees near-normal rains this year The country’s hydropower generation would be good this season despite varying forecasts by the Indian Meteorological Department (IMD) and Skymet, said industry officials. While Skymet expects a below-normal rainfall, IMD sees near-normal rains this year. “Even if the …
According to industry sources, 515 MW was won by Jindal Power, 290 MW by JSW Energy and 295 MW by Adani Power. State-owned electricity distribution companies (discoms) have evinced interest in procuring 1,400 MW from the central government scheme to salvage power plants without power purchase agreements (PPAs). PFC Consulting, …
GAIL (India) fell 1.83% to Rs 338.15 at 14:41 IST on BSE after the company emerged as highest bidder for wind assets portfolio of IL&FS.; Meanwhile, the S&P; BSE Sensex was up 10.36 points, or 0.03% to 38,655.54. On the BSE, 1.21 lakh shares were traded in the counter so …
India is also a very price sensitive market where the lowest tariff matters more than any other criteria. Kolkata: The domestic solar power capacity addition is expected to be nearly 7-7.5 GW (including around 1 GW of rooftop solar capacity) in FY2020, based on tendering and awards of projects in …
The company had raised up to Rs 700 crore from affiliate of Warburg and IFC in 2017 Solar energy provider CleanMax Solar has raised Rs 275 crore from Macquarie-managed UK Climate Investments as part of its latest fund raising round. With this, it looks to increase its portfolio to up …
India's largest private integrated power company -- Tata Power -- recently made it publicly clear that it will cease building new coal-fired power capacity, a report by US-based Institute for Energy Economics and Financial Analysis (IEEFA) said on Tuesday. The report, "Tata Power: Renewables to Power Growth", highlights the company's …
The People’s Republic of China (“China”) has become one of the major providers of capital, construction services, and equipment to the energy sectors of developing and emerging economies. It has contributed to the power systems as well as the oil and gas sectors in the countries of these regions. Chinese …
This development comes at a time when the thermal power sector is saddled with 40,000 MW of stressed assets Stranded power-generating projects will now have to bear the cost of abandoning the allied transmission system. In its latest order, the Central Electricity Regulatory Commission (CERC) directed power-generating companies (gencos) to …
