Kaiga-4 nuke plant synchronised with southern power grid

The fourth unit of Kaiga Generating Station (KGS), Kaiga-4, India’s 20th nuclear reactor, began supplying electricity after it was linked to the southern power grid early Wednesday, an official said here. After the synchronisation...

REC expects disbursement to grow a quarter in FY12

The state-run lender Rural Electrification Corp expects its disbursement to jump by a quarter in 2011/12 on rising loans demand from the power sector. “There will be a large requirement of funds for setting...

More regulations, not regulators: Jairam

Concern for the environment is not an elitist subject, but is increasingly becoming not only a livelihood issue for tribals and others, but also a public health concern. The changing impact scenario, coupled with...

ADB gives $90 m to Assam for power

Asian Development Bank has extended an $89.7 million loan for the Assam power sector enhancement programme to build two substations, 342 km of transmission lines and augment 11 existing substations. This is part of...

India to produce 20,000 MW of solar power by 2022

The Government of India has set an ambitious target of 20,000 Megawatts of solar power by 2022. This was revealed by Deepak Gupta, Secretary, Ministry of New and Renewable Energy, while delivering the keynote...

FPO likely in April-May 2011: PFC

State-run and finance provider for power sector Power Finance Corporation (PFC) has declared its results for the quarter ended December 2010. It has reported net profit at Rs 659 crore in Q3 as against...

Himachal to promote private investment in hydro power

The Himachal Pradesh government will encourage private investment to tap hydropower potential in the state, Chief Minister Prem Kumar Dhumal said Monday. “The government has recently allotted 273 mini hydro electric projects out of...

Gujarat gets solar energy association

In order to bring together the stake holders in the solar energy sector in Gujarat, a group of industrialists have launched a Solar Energy Association that will address some of the key issues relating...

Bihar may lose mega power project

In what threatens to be a major setback to power-starved Bihar’s bid to become self-dependent for its energy needs, National Thermal Power Corporation (NTPC) is learned to be contemplating withdrawal from a joint venture project...

Kalyani bets on wind power

The $2.5 billion (Rs 11,337 crore) Kalyani group, which owns Bharat Forge and has interest in sectors ranging from steel to specialty chemicals, is betting big on wind energy and is taking on multinationals...

Bloated solar bill costs crores

A central ministry is paying private solar energy-producing companies a higher subsidy than it needs to, which will cost the exchequer up to Rs 2,166 crore in the next 25 years, documents with The...