Rajasthan Electricity Regulatory Commission (RERC) has lowered the tariffs for the purchase of electricity from solar power plants in the state by the state utility.
Category: Power & New and Renewable Energy
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Over $100 bn investment in nuke sector expected
Commerce and Industry Minister Anand Sharma expressed hope that the country will see investments in excess of $100 billion in the nuclear power sector alone in the coming two decades. The minister expects that at least a quarter of these will come from France.
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JSPL buys 60% in Gopalpur Ports
Jindal Steel & Power (JSPL) is acquiring 60 per cent stake in Gopalpur Ports. JSPL will buy Sara International’s 50 per cent stake and Orissa Stevedores 10 per cent stake in Gopalpur Ports.
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Private sector investment in IWT
The Prime Minister has iniÂtiated a move to fast track the development and use of Inland Waterways Transport (IWT) involving the private sector and public sector undertakings.
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Reliance Power, Shell plan LNG terminal
Reliance Power and Shell are discussing a plan to form a joint venture to set up first east-coast LNG terminal in India. According to industry sources, the proposed new terminal is expected to involve an investment of Rs 3,000 crore.
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JP Morgan invests Rs 100-cr in green power
JP Morgan Asset Management has recently invested Rs 100 crore in Leap Green Energy, a company promoted by India's ace motor racer Narain KarÂthiÂkeyan's family. Leap Green owns installed capacity of 100 MW of wind assets,
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Reliance's Rosa unit
Reliance Power has commenced generation at the first of the two 300 MW units that make up the second phase of the company's Rosa Project in Uttar Pradesh.
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J&K power proj terms
The Jammu and Kashmir government began a review of the terms and conditions governing the power projects constructed and run by it in the state.A cabinet sub-committee reflected on the purchase of two major projects, Uri and Salal, from the NHPC, for which it needs Rs 2,000 crore, according to official sources.
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CIL supplies more coal to power sector
In the last few months, the supply of coal to power sector has been rising, claims Coal India (CIL). It says the perceÂntage materialisation of coal supply to the power stations against the commitment as per fuel supply agreements or memorandum of understandings in the months of October, November and December (up to 20) have been 88 percent, 96 percent and 103 percent, respectively.
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Tata Power to own Tata BP Solar
Tata Power signed an agreement to acquire 51 percent stake of BP Alternative Energy Holdings, in its solar joint venture, Tata BP Solar. After the purchase, Tata Power will own the entire company. The move comes in the wake of BP's recent decision to exit its solar busiÂness. Tata BP Solar was forÂmed in 1989 to manufacture phoÂÂtoÂvoltaic cells and modules.