Shanghai Electric to set up plant in India

Chinese power equipment major Shanghai Electric Corp (SEC) plans to set up a manufacturing plant in India, which has a huge demand for its products, but the company is concerned about clarity of policies...

Lanco issue with Ministry of Corporate Affairs

The ‘Lanco issue’ is with the Ministry of Corporate Affairs. A final verdict on the issue should be expected by April 2. These are the two key takeaways from a conversation that Business Line...

221 MW completed under National Solar Mission

Of the 1,100 MW of solar power projects awarded to various developers under the National Solar Mission, projects of a total capacity of 221 MW have been completed, according to the Minister of New...

Suzlon, CGN Wind Energy to develop 800-MW projects

World’s fifth largest wind turbine manufacturer, Suzlon, along with China’s CGN Wind Energy Co, will jointly develop 800 MW of domestic and international projects over the next three years. Suzlon Group has entered into...

NTPC: Better fuel availability augurs well for the company

National Thermal Power Corporation or NTPC has shown higher capacity availability or plant availability factor during the first two months of the current quarter, indicating improved coal supply, according to data with the Central...

Government announces amnesty scheme for power consumers

The Maharashtra government, caught between the rising mismatch between demand and supply of power and deteriorating finances of power utilities, has introduced an amnesty scheme for payment of dues by consumers. The scheme would...

L&T delivers $40-mn nuclear equipment to US

uncertain future L&T’s disclosure on the nuclear equipment supplies to the US has also marked the first indigenous development and delivery of heat exchanger tubes for steam generators used in nuclear power reactors by...

234 large infra projects running behind schedule: Govt

As many as 234 large infrastructure projects, including those of roads, power and petroleum, are running behind schedule, the government has said. “…Out of the 566 infrastructure projects (Rs 150 crore and above) which...

WILL ANDHRA PRADESH BE INDIA’S NEXT SOLAR BOOM STATE?

Source: Bridge to India Blog: http://www.bridgetoindia.com/blog/?p=172   Andhra Pradesh receives some of the highest irradiation in India. The state has significant renewable purchase obligations (RPO) stemming from its high power demand. In addition, Andhra Pradesh...

Tariff hike to reward inefficient discoms, says UCC

The recent decision of the Orissa Electricity Regulatory Commission (OERC) to increase power tariff in the state is likely to bail out the distribution companies reeling under high aggregate technical and commercial (AT&C) losses....