Daily Archive: August 30, 2012

Solar energy sector gaining momentum in Karnataka

The solar power sector is gaining momentum in Karnataka ever since the government introduced a solar energy policy (2011-16). The government has recently concluded a bid process, in which 80 Mw (60 Mw for...

UP Power Corp electrocuted by Rs 43,000-cr loss

Uttar Pradesh Power Corporation Limited (UPPCL), the state-run power utility, has run accumulated losses of almost Rs 43,000 crore. The losses, which stood at Rs 151 crore at the end of March 2000, stood...

South Korea’s Hanwha buys insolvent German Q-Cells

Germany’s insolvent Q-Cells solar company will be taken over by the South Korean conglomerate Hanwha. The group has promised to make huge investments and save jobs in an economically depressed region. Q-Cells of Germany,...