Tagged: wind power

Sector volatility hurts Suzlon profits

Suzlon Energy reported its lowest quarterly profit in a year as India’s support for auction mechanism to build wind energy projects slowed orders. The profit of 490.8 million rupees (Dh28.1m) during the usually quiet fiscal...

Adani Power soars by 7%, mulls wind power plan

Private power producer, Adani Power Limited, soared by over 7% during Friday’s trading session after the company announced its plan to set up a 150-megawatt wind power park on the sea shore close to its...

Piyush Goyal sanctions purchase of 1050 MW of wind power

New Delhi [India], July 21 : Union Power Minister Piyush Goyal on Friday presided over the signing of Power Purchase Agreements (PPAs) for the purchase of 1050 MW wind power under the Ministry of New and Renewable Energy (MNRE)’s first...

Rational exuberance is in the air

One event changed it all. Until around mid 2016, the Indian wind power industry, which comprises wind turbine manufacturers and their customers, was mumbling and moaning about the future. Industry representatives were generally incorrigible...

Turbulence in wind sector

The Indian wind industry, already not in a particularly good shape owing to a variety of reasons, is busy trying to ward off two potential threats – GST and safeguard duty on imported steel...

NuPower commissions 30 MW wind farm in Maharashtra

NuPower Renewables, an independent power producer in the renewable energy space, has commissioned another 30 MW wind power project in Vaspeth village of Sangli district in Maharashtra. The company has nearly 700 MW of...