Daily Archive: September 15, 2012

A new solar system beckons

Solar rays are penetrating deeper into our lives. Solar energy is making its presence felt in homes, appliances, transport services and the construction sector. Solar lanterns, heaters, street lights and cookers are passé. They...

Power cos’ coal exposure may hurt banks: SBI MD

Although the controversy surrounding coal block allocation is not likely have a direct link with banks, but an indirect link of banks to power companies may affect them, admitted Diwakar Gupta, State Bank of...

BHEL, PowerGrid under lens of activist advisory firm

Activist advisory firm Stakeholders Empowerment Services (SES) has once again raised questions on the credibility of two public sector units (PSUs) for not complying with the corporate governance laws. The companies have not proposed...

India’s MNRE to create 60 “solar cities”

India’s Ministry of New and Renewable Energy (MNRE) has proposed plans to turn 60 Indian cities into so-called “solar cities”. The region of Tripura, in north east India, located next door to Bangladesh, has...

Green energy device for power needs

With the intention of providing uninterrupted power supply through green energy, a hybrid model of utilising wind and solar energy was launched by Borg Inc in Madurai on Friday. Borg’s off-grid power generation system combines solar...

Banks review power sector exposure

The alleged irregularities in allocation of coal blocks might take a toll on public sector banks, already stressed by poor credit offtake. While banks do not have direct exposure to the coal sector, huge...

Wind Market Moves to Maturity

Growth rate slows but forecast healthy   When can a new industry like wind power be considered mature? One sign is surely when it rises and falls in line with the global economy, indicating...