Author: Ritwik Mondal

IDFC Alternatives eyes First Solar’s India assets

IDFC Alternatives, the asset management arm of the infrastructure-focused lender, is in talks to buy First Solar’s 200 megawatts (MW) of renewable power assets in India in a deal potentially valued at around $200...

Delhi’s inefficient electricity subsidies

Who doesn’t like discounts or freebies, especially from the government? Subsidies aren’t inherently wrong—they can help keep goods and services affordable, and encourage “good” things like education. The challenge is making them efficient and...

Power deficit drops to less than 1 per cent in 2016-17

India’s power deficit dropped to a historical low of less than 1% last fiscal, thanks to record electricity generation capacity added over the last few years, adequate coal stocks and transmission facilities, coupled with...

Suzlon bags 50.4 MW order in Karnataka

Wind turbine manufacturer Suzlon Group said on Monday it has bagged an order of 50.4 MW to supply 24 units of its S111 turbines of 120 meters from a power producer for its project...