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Alstom India gains on orders worth Rs 6,320 crore

French electrical engineering group Alstom India has surged 2% to Rs 496 on the BSE after winning contracts worth 800 million euros (approx Rs 6,320 crore) in order to build high-voltage direct current power transmission lines in India, South Korea...

JICA extends loan of Rs 3,500 cr for energy sector

Japan International Cooperation Agency (JICA) on Monday signed agreements with the Small Industries Development Bank of India (Sidbi) and the Indian Renewable EnergyDevelopment Agency Limited (Ireda) to provide official development assistance (ODA) of 30 billion Japanese Yen...

Azure solar to get 14.3 Million loan from IFC

International Finance Corporation (IFC), the private sector investment arm of the World Bank, will lend $14.3 million to Azure Power India’s subsidiary for building a 40-MW solar power plant in Rajasthan. IFC is planning...

Coal shortage may hit 5000 MW power capacity

Parts of northern India are staring at a severe electricity crisis with three power plants of state-owned NTPC running out of coal supplies and face an eminent shutdown if feedstock supplies don’t improve. Northern...

Dwindling coal stock may affect power supply

Dwindling coal stock may affect power supply Saturday August 30 2014 Chandigarh The power supply in some states of country may be affected as one fourth of the country’s thermal plant have coal stock...

MSEDCL safe from SC’s coal order, for now

NAGPUR: While several power utilities in the country are having nightmares following Supreme Court’s order holding allocation of all coal blocks illegal, MSEDCL officials say the state would not be affected. The reason is...

Russia joins International Renewable Energy Agency

The Russian government has accepted the Energy Ministry’s proposal for Russia to join the International Renewable Energy Agency. Prime Minister Dmitry Medvedev has signed a corresponding document, the cabinet website said on Friday. The...

India’s leading solar companies recognised for 2014

Finalists of CSP Today and PV Insider’s INDIASOL Awards 2014 have been announced and industry voting is now open for India’s most prestigious solar awards ceremony.   With the number of concentrated solar power...

Low-cost funds needed to scale renewable energy market

Innovative financing solutions is needed in order to scale India’s renewable energy markets and widespread job creation, according to an analysis by the Natural Resources Defence Council and the Council on energy, Environment and...

No end to Madhya Pardesh power woes

BHOPAL: Power woes don’t seem to end in Madhya Pradesh. Notwithstanding chief minister Shivraj Singh Chouhan’s assurance to improve power supply in the state, barring Malwa region rural areas in other parts of the...

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