Category Archives: Power

• Hindustan Power plans to raise around Rs 6,000 crore in next two years

  Posted on May 29, 2017 by Diligentia News in Power.

  Hindustan Power is targeting to raise around Rs 6,000 crore over the next two years to add 5 -6 GW of solar power capacity. “I think our goal to build out 5-6 GW of solar over the next five years both in India and outside India and that would be somewhere in the range of […]

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• To make projects viable, GAIL proposes bundling solar, gas-based power

  Posted on May 25, 2017 by Diligentia News in Power.

  Public sector natural gas pipeline operator GAIL India is in talks with the government, seeking extension of incentives for gas-based power producers. “We are working with stakeholders to cut down the input cost and make gas-based power generation projects more viable,” GAIL Chairman BC Tripathi told BusinessLine. An option is to bundle it with solar […]

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• Overall power shortage down to 0.7 per cent in 2016-17: Government

  Posted on May 25, 2017 by Diligentia News in Power.

  The government today said that the energy shortage has came down to 0.7 per cent in 2016-17. “Energy Shortage reduced from 4.2 per cent in 2013-14 to 0.7 per cent in 2016-17,” the power ministry said in a statement. The energy shortage in 2014 was 42,428 MU (million units) (4.2 per cent), which came down […]

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• BHEL commissions 270 MW thermal unit in Nashik district of Maharashtra.

  Posted on May 25, 2017 by Diligentia News in Power.

  State-run power equipment maker BHEL today said it has commissioned a 270 megawatt (MW) thermal unit at Sinnar in Nashik district of Maharashtra. The newly commissioned unit is part of RattanIndia Nasik Power Ltd’s 5×270 MW thermal power project. “This is the fourth unit to be commissioned at this project. Significantly, the milestone has been […]

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• Overall power shortage down to 0.7 per cent in 2016-17: Government

  Posted on May 25, 2017 by Diligentia News in Power.

  The government today said that the energy shortage has came down to 0.7 per cent in 2016-17. “Energy Shortage reduced from 4.2 per cent in 2013-14 to 0.7 per cent in 2016-17,” the power ministry said in a statement. The energy shortage in 2014 was 42,428 MU (million units) (4.2 per cent), which came down […]

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• Haryana Government to set up renewable energy project at Jhajjar

  Posted on May 25, 2017 by Diligentia News in Power.

  While China Light & Power has offered to join hands with the Haryana Government in setting up a Rs 500-crore renewable energy project at Jhajjar, global majors, including United Technologies, Carrier, Everstone Logistics and CISCO have evinced keen interest in making investments in such fields as logistics, development of smart cities and sustainable solutions, and […]

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• Use of solar rooftop systems dismal in metros: Greenpeace

  Posted on May 24, 2017 by Diligentia News in Power.

  Despite a substantial subsidy offered by the government, installation of solar rooftop systems has been “dismal” in metros including Delhi and Mumbai, an analysis by a green body today said. Rooftop solar systems are those in which electricity is generated by installing solar panels on rooftops of residential or commercial buildings. Greenpeace India in its […]

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• India’s red hot solar sector has been served a tax shocker

  Posted on May 24, 2017 by Diligentia News in Power.

  India’s sizzling solar power sector, where rock-bottom tariffs are now competing with coal-based electricity, has been served a tax plan that could cause a lot of burn. Under the upcoming Goods and Services Tax (GST) regime, which will replace multiple taxes levied by the central and state governments starting July 01, solar modules have been […]

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• Compensation for grid curtailment to benefit renewable sector: India Ratings

  Posted on May 24, 2017 by Diligentia News in Power.

  The Centre’s proposed compensation mechanism for existing renewable energy projects will protect the cash flows to an extent from grid curtailments and will also ensure a favourable operational environment for renewables sector, said India Ratings. “If the proposal is adopted it will protect the cash flows to an extent from grid curtailments and also ensure […]

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• BHEL commissions 1,980 Mw super-critical thermal power plant in UP

  Posted on May 24, 2017 by Diligentia News in Power.

  Bharat Heavy Electricals Ltd (BHEL), the country’s largest power equipment manufacturer, today announced it has commissioned the third 660 Megawatt (Mw) unit of the 1,980 Mw Prayagraj Super Thermal Power Project (PSTPP) in Uttar Pradesh, successfully completing the execution of the plant in Allahabad. The first two units of the project, commissioned earlier by BHEL, […]

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