Monthly Archive: February 2012

REC trading high, but trend disappoints

Although trading in ‘renewable energy certificates’ (REC) touched a new watermark on Wednesday – for the first time the volumes crossed the 200,000-mark – the trend in demand and prices have left market watchers...

Fitch updates solar power projects rating criteria

Fitch Ratings has published an update of its ‘Rating Criteria for Solar Power Projects’, which describes the analytical framework Fitch applies to evaluate debt issued for a broad range of utility-scale photovoltaic (PV), concentrating...

NTPC opens bids for Rs 160 bn equipment order

NTPC, India’s top power producer, on Wednesday opened the price bids for Rs 160-billion equipment order, a company official said. Three power equipment makers — state-run BHEL , a joint venture between BGR Energy...

Govt to restrict imports for solar energy: Farooq

The government will limit imports and encourage domestic manufacturing through public private partnerships to boost solar energy generation as power consumption goes up dramatically with the fast-growing economy, minister for new and renewable energy...

BGR, BHEL to bag Rs 9000 cr NTPC, DVC contracts

BGR Energy and Bharat Heavy Electricals Ltd (BHEL) have emerged as lowest bidders for Rs 9,000 crore contract seeking supply of equipment for five projects of NTPC and Damodar Valley Corp (DVC). BGR Energy...

BGR-Hitachi JV bids lowest for $3.3 bn NTPC order

A joint venture between BGR Energy Systems and Hitachi Power Europe GmbH has emerged the lowest bidder for Rs. 16,000 crore ($3.27 billion) power equipment order from NTPC. State-run BHEL, the biggest power equipment...

FDI in power exchange business soon

The government will soon allow foreign investment in the country’s fledgling power exchange business. The Foreign Investment Promotion Board (FIPB) and the department of industrial policy and promotion (DIPP) have come around the view...

13 more hydro power projects in the offing

The state energy department has plans to operationalize 13 hydro electric power projects over and above the 13 running projects. According to Atanu Sabyasachi Nayak, minister for energy, of the 13 new hydro power...

Boniyar observes strike against erratic power supply

This north Kashmir town observed a complete shutdown for second consecutive day on Tuesday against the erratic power supply in the area. All shops and business establishments remained closed and traffic on the Srinagar-Muzaffarabad...

Supply chain roadblocks problematic for Indian CSP

CSP Today explore the difficulties that the Indian CSP industry have faced in treading the fine line between reliance on foreign expertise and building a local manufacturing base, as solar power ramps up in...