Hindsight: FY 2013-14 was a mixed year. Compared to last year, the limited capacity addition what we are seeing in this financial year are either and the solar power plants under REC mechanism, or projects that were to be executed last year or allotments done last year for execution.
Tag: Renewable Energy
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Solar power metering
Delhi Electricity Regulatory Commission has invited suggestions and feedback from stakeholders on a proposal to introduce net metering for rooftop solar power generation as per guidelines laid down by the Ministry of New and Renewable Energy. The commission claims that, with about 300 sunny days in Delhi a year and around 30 lakh households, Delhi has more than 700 sq km of built-up area for installation of photo-voltaic systems.
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L&T Construction wins water project orders valued Rs 1141 cr
The Water & Renewable Energy Business of L&T Construction, a leading player in the water infrastructure and renewable energy sectors in India, has secured new orders worth Rs 1141 Crores in August'13 in various business segments.
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Schemes on renewable energy
For the development and tapping of renewable energy potential in the country, the Union Ministry of New and Renewable Energy is implementing a number of schemes/programmes, throughout the country.
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Wind energy capacity declines
Minister of New and Renewable Energy Dr Farooq Abdullah said that the capacity addition in the wind energy sector declined after the withdrawal of Accelerated Depreciation (AD) and Generation Based Incentive (GBI) from April 2012. In the approved 12th Plan document
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L&T wins water project orders
The Water & Renewable Energy Business of L&T Construction has secured new orders worth Rs 1,141 crore in August 2013 in various business segments. The Water Supply & Distribution Business secured an order from the Public Health Engineering Department
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Govt to spend Rs 430 bn on green energy corridor
The Union government plans to spend Rs 43,000-crore on ‘green energy corridor’ project to facilitate flow of renewable energy into the national grid. Germany is to assist India in the project with € one billion as soft credit.
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JNPT invites bids for wind energy plant
Agency reports indicate that Jawaharlal Nehru Port Trust (JNPT) invited bids from firms to set up a 7 mw wind power plant at a cost of Rs 48 crore to meet its energy requirement. The proposed plant may help the port save around 30 percent on energy costs, agency reports indicate. In order to reduce its dependence on power from outside sources, the port plans to set up renewable ener
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NSL raises $5 mn from IFC
To support the development of wind and hydro power NSL Renewable Power (NRPPL), part of the Hyderabad-based NSL Group, has raised $5 million from International Finance Corporation (IFC) through compulsorily convertible debentures (CCDs)
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Rs 43,000-cr Green Corridor project for renewable energy
To flow renewable energy into the national grid the Union Government plans to roll out a Rs 43,000 crore green energy corridor project. The blueprint for the project has already been submitted to the Power Ministry by Power Grid Corporation of India (PGCIL).