Author: IndianPowerSector.com

MSEDCL’s power loss touches14.85%

Even as the Devendra Fadnavis government talks big about the power sector and claims to reduce power tariff, it has emerged that state-run discom’s distribution losses touched 14.85% in 2015-16, 0.68 percentage point more...

India’s 1st Solar Irrigators Cooperative In Gujarat

The weakest link in India’s power sector is the power utility. India’s power utilities have accumulated total losses of over INR 3.8 trillion ($55 billion) and an accumulated debt of INR 4.3 trillion ($63...

Maha must relook energy policy: Tanti

Pune: Suzlon’s founder and managing director Tulsi Tanti has asked the state government to take a relook at its renewable energy policy. “The state government should relook its policy and should allow captive power...

Greenko Energy raises $230 million in fresh funds

Clean energy company Greenko Energy Holdings, an affiliate of the Singapore government’s sovereign wealth fund GIC, has raised $230 million in fresh funding from Abu Dhabi Investment Authority and the parent company. GIC, which...

India, US to forge $1-bn renewable energy pact

Washington and New Delhi are likely to sign a $1-billion partnership for the Indian renewable energy sector, paving the way for an investment boost from several US and global investment agencies. Sources close to...