Author: IndianPowerSector.com

PFC reports Q4 loss of Rs3,409 crore

State-run Power Finance Corp. (PFC) on Monday reported a standalone net loss of Rs3,409.49 crore in the quarter ended 31 March 2017 due to lower interest income and provisions for bad loans. The company...

Suzlon develops turbine for low-wind sites

Renewable energy solutions company Suzlon Energy, specialised in aerodynamic technology, has set its eyes on lowering the levelised cost of energy (LCoE) by 20 per cent in the next five years with new turbines....

India Cancels Nearly 14 Gigawatts Of Proposed Coal Plants

The transformation of India’s electricity market continues to deliver, as shown this month by the cancellation of 13.7 gigawatts of proposed coal-fired power plants, an admission that 8.6 gigawatts of operating coal is already...