Tata Power´s defence engineering unit, Tata Power Strategic Engineering Division (SED), is investing around Rs 500 crore in Vemagal, Kolar district, Karnataka. It is planning to set up a manufacturing plant dedicated to the defence sector. The new plant, which is expected to come up in 50 acres of land, will be the company´s largest manufacturing unit set-up in the country.´
Category: Power & New and Renewable Energy
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Power Grid Q3 profit at Rs. 1,229 crore
Power Grid Corporation of India Limited (Power Grid) has posted a net profit of Rs 1,229 crore for the third quarter of FY 2014-15 (October-December, 2014), an increase of 18 per cent against Rs 1,042 crore reported during the corresponding quarter of last financial year.
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NTPC commits to add 10,000 MW of solar
NTPC has committed to add 10,000 MW through solar projects at RE-Invest - 2015, the first renewable energy global investment meet which was held in New Delhi. Dr Arup Roy Choudhury, CMD, NTPC, presented the certificate of commitment to Prime Minister Narendra Modi in the presence of Piyush Goyal, Minister of State (Independent Charge) for Power, Coal and New & Renewable Energy and PK Sinha, Secretary, Power, GOI.
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Essel presents 12,000 MW ´Green Energy Commitment´
Essel Group, a leading business conglomerate, has presented the Green Energy Commitment Certificate to Prime Minister Narendra Modi to generate 12,000 MW of renewable energy with a planned investment of over Rs 75,000 crore over the next 5 years.
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Mytrah bags 220MW wind power project from AP
Wind energy major Mytrah Energy Ltd has announced that it has bagged a 220 MW project from the Andhra Pradesh government. The project will be installed in Kurnool district and is expected to be commissioned in 18 months, the company said.
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Maharashtra working on solar policy
Maharashtra would now have a solar policy which would introduce the concept of solar power parks, encouraging private solar power generation in the State. The policy would also suggest making solar geysers mandatory for buildings and solar panels on all the government establishments in the State.
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Prabhu wants specific policies on renewable energy
Union Railway Minister Suresh Prabhu has called for more active participation of States in harnessing renewable energy. He was speaking at the session tilted ´Showcase of Policy Incentives by States´ in the RE-INVEST 2015 in New Delhi.
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Investments in RE will be protected
Piyush Goyal, Union Minister of State (IC) for Power, Coal & New and Renewable Energy (RE) has assured the country that the government will make sure that the investments in India will be protected and encouraged.
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Rajasthan Govt, Reliance sign MoU for solar projects
Reliance Power and the Rajasthan government have signed a Memorandum of Understanding (MoU), to develop 6,000 MW of solar power projects in the State in the next ten years.
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Solar & wind power policies released in Andhra Pradesh
Piyush Goyal, Union Minister of State for Power, Coal and New and Renewable Energy and Andhra Pradesh Chief Minister N Chandrababu Naidu have jointly released the Andhra Pradesh Solar and Wind Power Policies for 2015.