Daily Archive: November 5, 2012

CERC pitches for South Asian power trading market

India’s power sector regulator CERC today suggested establishing a South Asian power trading market to help ease acute electricity shortages facing many nations in the region. The suggestion comes at a time when discussions...

AP industry voices concern over power restrictions

Industries in Andhra Pradesh have expressed concern over recent regulatory order with regards to restrictions and control measures (R&C) effective from November 7 in the power sector and fuel surcharge collection. The President of...

Global tenders for Rs 6,900-cr power lines soon

The government plans to call global tariff bids in two months to award contracts for laying power transmission lines worth over Rs 6,900 crore, official sources said. The power ministry has asked state-run Power...

Tata Power Eyes Renewable Energy for Growth

Tata Power Co. plans to expand its renewable power capacity to 6,000 megawatts by 2020, a senior company executive said. India’s top private power utility by capacity is also in talks to acquire renewable...

Record REC Sale offers in 31 st October trading session

During the 21st RECs auction held on Wednesday (October 31, 2012), IEX, India’s premier power exchange,  received record sale offers  of  8,52,041  RECs, while  the issuance  reached the highest ever figure of 6,03,250 RECs....

First Solar, SunPower Seek New Markets as Sales Decline

SunPower Corp. (SPWR) and First Solar Inc. (FSLR), the largest U.S. solar manufacturers, are boosting efforts to expand in new markets as slowing demand in mature regions pulled down third-quarter revenue. First Solar sales declined 17...