Daily Archive: January 21, 2016

Solar EPC prices plunge as global companies raise bar

A significant drop in global commodity prices and fierce competition among domestic cash-strapped power project contractors have led to a steep fall in prices of solar EPC (engineering, procurement and construction) contracts, benefiting power...

How cheap oil lets Mukesh Ambani spend $2 bln on Reliance Jio

Cheap oil gives Mukesh Ambani a licence to keep spending. India’s richest man has already splurged $15 billion building a super-fast new mobile network. Investors in Reliance Industries, his flagship retail-to-energy conglomerate, have barely...

REC – Worth To Invest?

As of Nov ’15, more than 1 crore REC’s are pending to get their value. With the increase in this number, more and more renewable generators are tempted to go for FIT or preferential...

RIL may start coal gas production in Madhya Pradesh shortly

Reliance Industries (RIL) will start production of natural gas from coal seams, called coal-bed methane (CBM), in Madhya Pradesh shortly. In a presentation to analysts post Q3 earnings announcement, RIL said, “Phase 1 development...