Tata BP Solar looks to expand overseas market presence

 Unfazed by plans of its partner BP to exit the solar business gradually, Tata BP Solar is looking to bolster its overall profitability through various strategies, including expansion of overseas market presence. The entity, a leading solar...

Crisis-hit power utilities in AP to get bailout package

Chief minister N Kiran Kumar Reddy finally agreed for a bailout package to the beleaguered APTransco, APGenco and Discoms which are in a deep financial crisis. As per the approved package, APTransco and Discoms will be allowed to raise Rs 4,000 crore by floating security...

AP comes out with ‘renewable purchase obligation’ rules

The Andhra Pradesh Electricity Regulatory Commission (APERC) on Friday came out with its draft regulations for ‘renewable purchase obligation’ (RPO) – a measure that obliges certain electricity consumers and distribution companies to purchase a...

MP power companies seek 25 per cent hike in tariff

More than 64 lakh domestic consumers may get a shock in the coming summer as the three distribution companies (discoms) running into whopping Rs 9,000 crores loss have petitioned Madhya Pradesh Electricity Regulatory Commission...

Suzlon Energy returns to profit in H1 FY11

Suzlon Energy Limited , the world’s fifth largest wind turbine supplier, has reported a net profit of US $ 22 mn for H1 FY11 on a total revenue of $1,877 mn. The company had...

Biotech firms go after smart enzymes to fuel energy sector

Bio-Tech companies producing industrial enzymes are gradually moving to cellulosic enzymes that help in bio-fuel generation. Enzymes are biological catalysts and when added to agriculture residue speed up the process of producing bio-fuel. The...