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.
Category: Power & New and Renewable Energy
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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.
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State mulls power sub-stations
The state government is considering constructing an underground power sub-station in some parts of Mumbai where there is space constraint to meet the future demand for power in the metropolis.
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GMR Group to get higher tariff
GMR Group said it will get higher electricity tariff for its Kamalanga power plant in Odisha after the Central Electricity Regulatory Commission gave a favourable ruling.
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Banks to push solar panels
The finance ministry has advised banks to ´encourage´ home loan or home improvement loan applicants to install rooftop solar photovoltaic systems and include the equipment cost in the home loan. G
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Cabinet approves Rs.8,349-cr investment on rail freight lines
The Union cabinet chaired by Prime Minister Narendra Modi approved an investment of Rs.8,349 crore for laying down multiple freight-specific rail lines in Odisha, Chhattisgarh and Andhra Pradesh.
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Keen to scale up investments: PM
PM Narendra Modi said rupee bonds to fund infrastructure projects will be launched in countries like Singapore. ´We are keen to scale up investments in next generation infrastructure including digital networks and clean energy,´ he said.
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Reliance Power exits Tilaiya project
Anil Ambani Group´s Reliance Power has managed a clean and quick exit from the 4,000 MW Tilaiya mega power project in Jharkhand. A little over six months after serving a notice for termination of the power purchase agreement for the project, Reliance Power has done an out-of-court settlement with distribution utilities of 10 states.
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MCL to set up 1,600-MW super thermal power plant in Odisha
he Mahanadi Coalfields Ltd (MCL) would set up a 1,600-MW super critical thermal power plant with a total capital investment of `11,363.18 crore at Basundhara in Sundargarh district, said MCL Chairman & Managing Director AN Sahay.
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Gamesa wins 100-MW wind power project from Hero Group
Renewable energy firm Gamesa has bagged a 100-MW wind power project from Hero Group to set up 50 wind turbines in Madhya Pradesh. The order was placed by Hero Future Energies, a venture of the Hero Group catering to the renewable energy, Gamesa India said in a statement.