Daily Archive: July 27, 2015

Rajasthan offers to sell its power projects to NTPC

The Rajasthan government has offered to sell its power projects to state-owned NTPC Ltd in an attempt to reduce debt. The offer by the Rajasthan government assumes significance as NTPCplans to acquire stranded assets...

Power Finance Corp 5 percent stake on sale

NEW DELHI: The central government has set a floor price at Rs 254 per equity share for divestment of 5 per cent of its stake in Power Finance Corp (PFC) on Monday. “The floor...

Tata Power eyes Africa, S-E Asia, SAARC for growth

Tata Power, an integrated power company, is keen to evaluate investment opportunities in Africa, Turkey and West Asia, South-East Asia and the SAARC region. In line with its international strategy, the company is to...

Chamber seeks integrated logistics facility

The Indian Chamber of Commerce and Industry, Coimbatore, has appealed to the Union Government to establish an integrated logistics facility here to minimise the transport cost for exporters. This is among the demands submitted...

Govt eyes $2 bn for rooftop solar projects

The MNRE is working to get $2 billion from the World Bank and Asian Development Bank to fund the rooftop solar projects in the next five years, Upendra Tripathy, the ministry’s secretary told Deccan...

CERC backlog a drag on power projects

A backlog of nearly 800 petitions, many pending since 2007, with the Central Electricity Regulatory Commission (CERC) is proving to be a drag on some of the country’s top private power companies by pushing...

Draft National Renewable Energy Act 2015

In October 2014, the MNRE had constituted an Expert Committee to provide a draft Renewable Energy Act. The Committee met on 7 November 2014, and decided to constitute a sub-group   to “collate the suggestions and...

Solar power at sky-high rates

When the Adani Group signed a Memorandum of Understanding with the Tamil Nadu government on July 4, there were not many voices of dissent. It was viewed as necessary for large-scale solar power generation....