Amidst the chaos seen in the power sector, with 22,000 MW thermal power projects lying idle for the need of coal or gas and lenders taking power generating assets to National Company Law Tribunal (NCLT) to recover dues, the transmission sector- with longer life cycle and lower risks- has exhibited the only ray of hope for investors and developers alike.
Tag: Green Infra
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Standard Chartered buys stake in wind farm
Standard Chartered Bank has bought a stake in a wind farm, Green Infra, to source green energy for an office in Chennai. The bank is targeting improvements in energy and resource efficiency in its buildings.
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Tower providers plan to use green power
The Tower and Infrastructure Providers’ Association is plaÂnning to float a request for proposal (RFP) inviting NGOs and private green power companies to generate and supply off-grid power to telecom towers in the country. The association proÂÂÂposes the ‘RESCO off-grid disÂÂtribution model’ where renewable energy companies can set up renewable energy-based power plants near the telecom towers and sell power to the telecom company at a pre-determined cost.