Nitin Prasad, Chairman, Shell Companies in India feels that the government is on the right track with its measures to attract international investments into the oil and gas sector. Speaking to INFRASTRUCTURE TODAY on the sidelines of FICCI's Business and Climate Summit, he also touched upon the British-Dutch multinational's India plans.
Tag: solar
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Maharashtra to award110 MW of grid-connected solar projects
The Maharashtra State Power Generation Company (MAHAGENCO) has tendered 110 MW of solar in two separate tenders.
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LEDs to be used in off-grid projects
Energy efficient Light Emitting Diodes (LED) are to be made mandatory in the national off-grid solar programme, a top expert working with the Indian government has said.
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India´s renewable energy potential is vast and untapped
India has 275 GW of installed electricity generating capacity which is significantly higher than 140 GW of peak demand of electricity across the country. The energy generated through coal alone is higher than its peak demand. Despite the installed capacity exceeding power demand, some parts of the country face acute power shortages and more than 300 million people in India are still without access to power.
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NTPC posts record output in a day
NTPC has recorded its highest-ever power generation capacity 866.47 million units in a day from sources like coal, solar, gas and hydro.
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NTPC posts record output of 866.47 million units in a day
NTPC has recorded its highest-ever power generation capacity 866.47 million units in a day from sources like coal, solar, gas and hydro.
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Interconnected India
The Indian power system experienced phenomenal growth during the last few decades. Installed capacity has increased significantly from 170 GW during 2010 to 300 GW presently i.e., about 76 per cent increase
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L&T Infa Debt Fund to raise up to Rs.2,750 crore via bonds
With more leeway to fund projects and tax exemptions, L&T Infra Debt Fund (IDF), L&T Finance group's infrastructure refinancing arm, plans to raise up to Rs.2,750 crore through debentures.
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On the road to growth
The Budget has tried to address infrastructure financing issues by announcing deepening of the corporate bond market and allocation of Rs.25,000 crore towards recapitalization of public sector banks.
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KPMG Statement Budget reaction – Renewable and Overall ENR
The increase in coal cess will improve relative attractiveness of renewables, but increase the overall cost of power for utilities by approximately 10,000 crores, thus impacting retail tariffs and utility financial health.