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.
Tag: solar
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India to go ahead with coal plans after Paris climate deal
India still plans to double coal output by 2020 and to rely on the resource for decades afterwards, a senior official said, days after 190-odd countries
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Nuclear power is an essential element of the energy mix, more so for India
All set to sign a contract for what will be the world´s largest nuclear power plant, Manju Gupta, President, Areva India, says the government needs to do more for nuclear power.
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IFC provides long-term tenors to match asset life and supports projects in new markets
IFC has been one of the earliest investors in renewable energy in India and leads in promoting the renewable energy generation agenda by investing in private sector developers and helping them leverage opportunities in solar, wind and other forms of renewable energy.
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NTPC records highest single-day generation of 733.12 MUs
NTPC achieved the largest single day generation of 733.12 million units on August 27. The generation was from its 18 coal-based plants, seven gas-based and eight solar and hydro stations. The cumulative capability of the stations was 91.10 per cent and plant load factor was 86.34 per cent.
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Solar, wind power to be tapped in Spiti: Himachal CM
Himachal Pradesh Chief Minister Virbhadra Singh said that more solar and wind projects would be developed in the Spiti Valley area as it is ideal for the same.
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Solar on Slow Track
With 3,000 hours of sunshine every year, which is equivalent to 5,000 trillion kilowatts of energy, India´s solar energy potential is vast. According to the Ministry of New & Renewable Energy Annual report 2014-15, of the total renewable energy
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BMW targets 20 per cent electricity from solar
BMW AG- German luxury carmakers- intends to meet 20 per cent of its electricity needs from solar power at its factory in India by the end of 2016
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Powering Prospects
Despite several significant achievements like increased power generation, an integrated one nation one grid, introduction of Smart Grid, and diversification into renewable energy sources
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Prabhu wants use of RE
Cautioning against harmful effects of greenhouse gases due to fossil fuel use, Railway Minister Suresh Prabhu has advocated a paradigm shift in the energy scenario through the use of alternative energy like solar and wind power.