Daily Archive: February 2, 2012

Solar Project Execution Challenges in India

Around 1100 MW worth of solar projects are in construction phase under Gujarat solar policy and National Solar Mission (NSM). With investments of INR 118000 (USD 2950) million at stake the Indian solar industry...

‘836 mn Indians burn biomass for energy’

As many as 836 million Indians still rely on traditional biomass for energy, a report has said, even as the US claimed that India along with China would account for half of global energy...

Tangedco to invite bids for power plants

Tamil Nadu Generation and Distribution Corporation Ltd (Tangedco) is planning to call for tenders for setting up power projects, which can generation 2,200 Mega watt (Mw). Speaking at a meet organised by Bharat Heavy...

New energy conservation plan to be charted out in AP

The Andhra Pradesh Government has directed the Energy Co-ordination Cell to prepare a comprehensive action plan for awareness campaign for energy conservation in various sectors both at the demand and supply side in the...

R-Power protests review of Sasan coal diversion

Reliance Power (R-Power) has rushed to rebut an anticipated adverse comment by the Union comptroller and auditor-general (CAG) for having been allowed, in 2008, to divert coal from the mines allotted for its Ultra...

Discoms in Five Indian States Impacting Power Sector

Fitch Ratings says that distribution companies (discoms) in the five Indian states, namely Tamil Nadu (TN), Uttar Pradesh (UP), Madhya Pradesh (MP), Jammu & Kashmir (J&K) and Haryana, constituted 80% of the total book...

Rs 13k cr scam in national solar plan, claims CSE

NEW DELHI: In violation of norms laid down by the government, a single company, Lanco Infratech has allegedly cornered 40% of the contracts bid out for the first phase of the National Solar Mission, garnering 235...

Central Bank to recast Rs 7,000-cr discom loans

Central Bank of India may restructure loans worth over Rs 7,000 crore of the state government owned power distribution companies in the fourth quarter. The loans that would be recast will constitute to more...