Global coal prices and demand have fallen, as coal is being replaced by other sources of energy. It is replaced by shale gas in the US and is likely to lose out to renewable energy in China. In India, the new government is keen to accelerate mining to unlock indigenous coal reserves of 200 billion metric tonnes.
Tag: Renewable Energy
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Tata Power to add 646.7 MW RE
Tata Power plans to increase its renewable energy capacity by about 71 per cent to cut carbon emissions and reduce risks from fluctuating fuel prices. The utility is adding 646.7 MW of renewable energy capacity.
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Conventional producers to invest in RE
The Central government may soon require conventional power project developers to install renewable energy projects within the premises of the fossil fuels based power plants. If the power ministry goes ahead with such a plan, the power project developers may have to set up renewable energy capacity equivalent to around 10 per cent of the conventional power capacity within the premises of the power plant.
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Another milestone in Karnataka's solar plans
Jindal Aluminium Limited (JAL), India's leading manufacturer of aluminium extruded profiles, commissioned the company's first photovoltaic grid connected solar power generation plant at Chitradurga, Karnataka,
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There will be a second round of restructuring for infra projects
The alarming increase in bad loans from infrastructure was partly responsible for restructuring of bank loanks. B Sriram, Managing Director, State Bank of Bikaner & Jaipur, which saw a fall in its profits in the quarter ending December,
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Renewable: More NPAs?
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.
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Renewable: More NPAs?
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.
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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.