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Author: admin (Infratructure Today)

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SunEdison sells 425-MW projs for $231 mn

SunEdison sells 425-MW projs for $231 mn

SunEdison Inc and TerraForm Global Inc have entered into an agreement for the former to sell the latter a series of projects located in India for $231 million. The projects have a generating capacity of 425 megawatts (MW).

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Reliance Group to develop solar park in Rajasthan

Reliance Group to develop solar park in Rajasthan

Billionaire Anil Ambani-led Reliance Group will develop a 6,000 megawatt Solar Power Park in Rajasthan, a plan that has potential to attract an investment of Rs.60,000 crore. “The Reliance Group has signed an MoU to develop Solar Park and Solar Projects of 6,000 MW capacity, spread over nearly 30,000 acre, over next six years, with a potential to attract investment of about `60,000 crore in Rajasthan,“ Ambani said.

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Metro turns to green for power saving

Metro turns to green for power saving

With its electricity bill responsible for nearly 15 per cent of the annual ordinary working expenses, Metro Railway is turning to non-conventional sources of power to bring down costs. After Mumbai, Kolkata is the most expensive, so far as power tariff charged is concerned.

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Power-starved J&K sells 300-400 MW

Power-starved J&K sells 300-400 MW

Jammu & Kashmir government is selling 300-400 MW generated from its hydel power sources to other states of India even as Kashmir is facing severe power crisis. The government is paying a heavy price for importing power from utilities outside the state.

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Bangladesh keen to invest in Meghalaya power projects

Bangladesh keen to invest in Meghalaya power projects

Bangladesh has evinced interest for investment in power projects of Meghalaya to boost bilateral ties. Federation of Bangladesh Chambers of Commerce & Industries (FBCCI) Chairman Abdul Matlub Ahmad said the neighbouring country“s offer is in the form of a joint venture with Meghalaya government in developing cascading hydel power projects.