Power producers have said the fee levied by the government on solar parks has forced them to increase prices by at least 10 per cent
Category: Power & New and Renewable Energy
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ISSUANCE OF BONDS CREDIT ENHANCED BY IIFCL
The India Infrastructure Finance Company Limited (IIFCL) announced the issuance of India?s first infrastructure bond issuance Credit Enhanced by it. The rating of these bonds has been enhanced based on first-loss partial credit guarantee by IIFCL under its Credit Enhancement Scheme.
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A ´Supreme´ insulator for air-conditioners
The Supreme Industries Limited has introduced INSUflex, a high-vapour resistant insulator for air-conditioning applications.
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Exemplary Figures
Tantra N Thakur, former Chairman and Managing Director of PTC India Ltd and PTC India Financial Services Ltd and David B Sandalow, the Inaugural Fellow at Columbia University´s Center on Global Energy Policy, have joined the ReNew Power Board of Directors.
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Business Spearhead
Panish PK, appointed Regional Sales Director, Bosch Power Tools for India & SAARC, has taken over as the new business head of the organisation. Panish will focus on overseeing sales of power tool products in India & SAARC, with a vision for the organisation, which is to get closer to the customers by providing compelling value proposition and customised solutions for both the markets.
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PM reviews progress of infrastructure
Prime Minister Narendra Modi has reviewed the progress of digital infrastructure, rural infrastructure, and connectivity sectors.
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Kejriwal urges PM to allow cancellation of agreements with power cos
Delhi Chief Minister Arvind Kerjriwal has urged Prime Minister Narendra Modi to intervene and allow cancellation of agreements with power companies, saying they are selling electricity at higher rates.
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NDMC ´Smart Grid´ project to improve power distribution
The New Delhi Municipal Corporation (NDMC) is coming up with a Rs 500 crore ´Smart Grid´ project aimed at reducing losses through better power distribution and checking thefts and faults in transmission.
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NTPC records highest single-day generation of 733.12 MUs
NTPC achieved the largest single day generation of 733.12 million units on August 27. The generation was from its 18 coal-based plants, seven gas-based and eight solar and hydro stations. The cumulative capability of the stations was 91.10 per cent and plant load factor was 86.34 per cent.
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Neyveli Lignite to set up 600 MW solar power capacity
Public sector lignite mining and power generating company, Neyveli Lignite Corporation (NLC), has plans to set up units producing 600 MW solar power. The company has been recently looking at solar and wind, besides, coal as options of fuel, with plans to take total power generation capacity to 12,221 MW from its current 2,740 MW.