Centre to fine-tune national solar policy

The Ministry of New and Renewable Energy (MNRE) is in the process of fine-tuning the National Solar Mission policy to adapt to evolving technology changes in the sector, said Bharat Bhargava, director (Solar photo...

Merchant power tariffs stay subdued

Purchasing power from exchanges and power trading companies is gaining a larger share in the power transactions in the country. Traditionally, power was bought mainly through long-term power purchase agreements between the buyer and...

GMR plans greater solar energy play

GMR Energy, the subsidiary of Bangalore-based GMR Infrastructure, is looking to increase its presence in the solar energy sector in the next few years. It plans to increase its installed capacity to 200 Mw...

India Solar Projects Face Financing Crunch as Banks Near Limits

Government-sponsored banks that funded India’s nascent solar industry when commercial lenders were wary may begin curbing financing, according to an official from a U.S. agency that finances developing country projects. The Overseas Private Investment Corp.,...

Power regulator says tariffs likely to increase

An increase in power tariffs in India is inevitable given the sharp rise in coal prices, the head of Central Electricity Regulatory Commission (CERC) told reporters on Thursday. Indian power utilities have been scouting...

Orissa – Power tariff likely to increase

The Supreme Court on 09-11-2011 rejected a review petition of the Orissa Electricity Regulation Commission (OERC) fuelling speculation that power tariff will soon rise for lakhs of domestic and commercial consumers in the state...

JNNSM Batch 2 winners

Dr Bhargava said the process of evaluation of the bidders in the batch 2 of phase 1 is almost over and names of the winning bidders will be sent to the nodal agency, NTPC...

Govt may extend concessions for merchant solar projects

The Union Ministry of New and Renewable Energy (MNRE) plans to fine-tune provisions of the solar policy to expedite project implementation, and is also considering extension of concessions for merchant solar projects by taking...

PFC gets Board nod to launch PE Fund

The board of directors of Power Finance Corporation Ltd (PFC) has given an approval to a proposal to launch private equity fund for the power sector with a target of the total fund size...