Daily Archive: November 5, 2013

Gridco search for buyers to sell surplus power

Faced with problem of plenty, Gridco, the power trading utility of the State Government, is now  searching for buyers. The monsoon, which remained excessively active in most parts of the country, played the spoilsport....

Cabinet nod to Kurung Kumey power project

The Arunachal Pradesh cabinet has approved to allocate the 330-MW Kurung Kumey Hydro Power Project to the North East Electrical Power Corporation (Neepco) for execution. The cabinet, which met on November 1, also approved establishment of...

Power Grid may remain under pressure

On average, for every rupee of shareholder funds invested in the business, Power Grid generates 35-40 paisa in operating cash flow on a standalone basis. And, since returns are largely regulated, the return on net worth,...

How to think about your NSM bidding strategy?

Should developers bid for NSM projects with or without DCR? The allocation process for the National Solar Mission (NSM) has earmarked a capacity of 375 MW for projects opting for cells and modules of...