Daily Archive: July 4, 2013

Power projects: Banks raise concern over bidding norms

Design, Build, Operate, Finance and Transfer model will deprive concessionaire of ownership rights to projects  Two of the largest lenders to power projects in the country, State Bank of India (SBI) and ICICI Bank, have raised major concerns...

‘Green norms must for wind power projects’

Environmental activists and experts have said that “green norms” are needed to regulate the country’s wind energy projects. It should include mandatory environment impact assessment (EIA), they added. The country’s wind power capacity wind power is...

Punjab awards 32 mw solar project to Welspun Energy

Welspun Energy Ltd. (WEL) has been awarded 32 mw solar capacities by the Punjab Energy Development Agency (PEDA) through a single stage competitive bidding. The project is expected to be commissioned during the second...