Daily Archive: May 9, 2012

No boiler blast at Kudankulam: Nuclear Power Corp

The Nuclear Power Corporation of India Ltd (NPCIL) Monday termed as baseless that a boiler had burst at the Kudankulam Nuclear Power Project (KNPP) as work on starting the first 1,000 MW reactor is...

Moser Solar’s CDR plan gets bankers’ nod

Moser Baer Solar (MBS), pioneer of solar power in India and a subsidiary of Moser Baer India, has received bankers’ in-principle approval for its proposed `739 crore corporate debt restructuring (CDR). In April 2012,...

Azure Power’s rise in the Indian solar world

After spending years in the U.S. acquiring an MBA and working at several tech companies, Inderpreet Wadhwa returned to his native India to build a solar power business. India is an emerging market for...

Global solar power capacity set to jump

The world’s solar power generating capacity will grow by between 200 and 400 percent over the next five years, with Asia and other emerging markets overtaking leadership from Europe, a European industry association said...

CESC to add 500 MW renewable energy by 2015

CESC, RP-Sanjiv Goenka-led power company, is planning to add 500 MW renewable energy capacity by 2015 through solar, wind and small hydro projects, its executive director said. The Rs. 10,000 crore group recently commissioned...

CIAL gets 110 KV hybrid sub-station

The 110 kV hybrid sub-station at the Cochin International Airport Limited (CIAL) was inaugurated by Power Minister Aryadan Mohammed on Monday. Excise Minister K Babu, who is also the director of CIAL, said that...

Kerala proposes power tariff hike for all consumers

The Kerala State Electricity Board (KSEB) has proposed an across-the-board hike in tariff for all classes of consumers. The public utility proposes to raise additional revenue of Rs 1,550.35 crore as per a tariff...

Finance Bill relief for thermal power units

The Finance Bill passed by the Lok Sabha yesterday, to give effect to the Union Budget proposals, has removed the 2014 time bar it had earlier proposed on the duty exemption for thermal coal....

Greenpeace urges Apple to use clean energy

Greenpeace India activists Tuesday urged global computer maker Apple to use renewable energy to power its data centres worldwide instead of fossil fuels like coal for protecting the fragile ecology. As part of the...

State government sanction not required: HC

The Kerala High Court on Tuesday quashed a government order cancelling the sanction given to the KSEB to award a work under the Restructured Accelerated Power Development and Reforms Programme (R-APDRP), funded by the...

XD Electric Jumps to 5-Month High on GE Purchase

China XD Electric Co. (601179) rallied to a five-month high in Shanghai trading after saying General Electric Co. (GE) will invest 3.38 billion yuan ($536 million) for a 15 percent stake in the Chinese...

Banks wary of financing solar energy projects

Prepared jointly by the Council on Energy, Environment and Water and the Natural Resources Defense Council, the report titled ‘Laying the Foundation for a Bright Future’ reveals that securing funds poses the biggest challenge...

AP to become ‘power full’ state in 2 years: CM

The Andhra Pradesh Chief Minister, Mr N. Kiran Kumar Reddy, today assured industrialists that the Sate will become ‘power full’ within couple of years. Delivering his address at FICCI National Executive meet, the Chief...