A study published by KPMG, a global consulting coĂÂmpany, has forecast that solar power can meet 5-7 per cent of India's total power requiremĂÂents by 2021-22.
Category: Power & New and Renewable Energy
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Customs duty waiver to power projects
On the basis of a provisional certificate issued by the Finance Ministry, duty-free import of power equipment by mega power project developers is set to be allowed qualifying the developers for a waiver.
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NTPC to invest Rs 1 tn in hydel projects
NTPC plans to invest about Rs 100,000 crore over 10 years to set up the country's largest hydro power project.
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$648 mn WB loan for THDC hydropower project
The World Bank (WB) signed a $648 million loan agreement with THDC India to build the Vishnugad Pipalkoti hydro electric project on the AlaknĂÂanda river in Uttarakhand.
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Jindal to set up largest IWT system
For creating and operating infrastructure for transportation of coal, required for NTPC's power plant at Farakka, West Bengal, through inland waterways, Jindal ITF and NTPC have entered into a strategic agreement.
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Poor policy hits power FDI
NTPC has blamed insufficient 'politico-administrative' support to tackle commercial losses and poor health of government utilities for low foreign direct investment (FDI) inflows into the Indian power sector.
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7 DPRs of power projects
The Central Electricity Authority (CEA) has received the Detailed Project Reports (DPRs) of seven hydroĂÂ-power projects which will generate 3,760 MW of power in the north east region.
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NTPC to set up 1,320-MW unit
NTPC will set up a 1,320 MW ultra-thermal power plant that will boast of a more eco-friendly facilities than the existing thermal power plants, outside Solapur in Maharashtra.
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KKR, promoters to invest $120 mn in Avantha
US private equity firm Kohlberg Kravis & Roberts (KKR) and the promoter of Avantha Power & Infrastructure (APIL) will invest $120 million in the Indian company.
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TNEB trims power evacuation
The Tamil Nadu Electricity Board (TNEB) has cut back on wind power evacuation in the last three days leaving significant wind generation capacity unutilised.