Solar Energy Policy has been approved by the Kerala Cabinet. The policy seeks to increase installed capacity of the solar sector to 500 mw by 2017 and 1,500 mw by 2030. The mission is to contribute to long-term energy security of the State as well as ecological security by reduction in carbon emissions.
Category: Power & New and Renewable Energy
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Adani to take up power transmission in Australia
Adani Group in Australia is now aiming to venture into power transmission business. Adani is into coal mining and port operations in Australia and now the Group's Australian arm Adani Mining Pty Ltd has proposed the State government of Queensland to invest $300 million for 250 km long transmission network in the central Galilee Basin where it is promoting coal mining and other infrastructure projects.
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Projects cleared by Project Monitoring Group
Following is the list of the projects which was cleared by Project Monitoring Group
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Govt plans 4 mega solar projects at Rs 90,000 cr
The Union government has planned four ultra mega solar power projects (UMPPs) at a cost of Rs 90,000 crore in Rajasthan (4,000 mw), Gujarat (4,000 mw), Kargil (2,000 mw) and Ladakh (5,000 mw).
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Power Finance Corp posts Rs 1,274 cr profit
The Power Finance Corporation (PFC) has stated in a regulatory filing that it has posted 23 per cent jump in net profit at Rs 1,273.79 crore for the three months ended September. PFC, a government-owned company and a key lender for the power sector, had a net profit of Rs 1,036.49 crore in the year-ago period.
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Cairn India is the fastest growing energy firm
In the global ranking, Cairn India has been ranked as the fastest growing energy company while Reliance Industries is the top ranked Indian energy firm in the global ranking. With a compound growth rate of 121 per cent in past three years, Cairn was ranked the fastest growing energy company in the world ahead of Cnooc of China, Valero Energy of the US, PetroChina, Essar Energy and Russian Rosneft, according to the Platts Top 250 Global Energy Company Rankings.
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The Bill lacks focus and effective structure
Does the new Bill run the risk of ending up like many other tribunals that were replete with court intervention? Amit Kapur and Vishnu Sudarsan evaluate why the currently drafted Dispute Resolution Bill, which is understood to have reached the PMO
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Survival of the fittest
A remote town in Rajasthan on the border of Gujarat and close to the international border, Barmer today has emerged as a major source of energy to change the landscape of Rajasthan. Today Barmer is a bustling mining town with large fleets of mining equipment and Volvo tippers.
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A dynamic leader
VP Mahendru, Chairman & Managing Director, Eon Electric Ltd, promoted the company in 1958 for manufacturing and marketing electrĂÂĄical distribution and safety equipment. The Group has since been growing by leaps and bounds with its various manufacturing plants. Mahendru is a dynamic and energetic personality well known in the business and social circles.
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Cairn India ranked worlds fastest growing energy firm
Cairn India has been ranked as the fastest growing energy company in the world while Reliance Industries is the top ranked Indian energy firm in the global ranking. With a compound growth rate of 121 per cent in past three years, Cairn was ranked the fastest growing energy company in the world ahead of Cnooc of China, Valero Energy of the US, PetroChina, Essar Energy and Russian Rosneft, according to the Platts Top 250 Global Energy Company Rankings.