Category Archives: Power

• India’s Solar Power Capacity To Be 22 GW By March: Piyush Goyal

  Posted on June 30, 2017 by Diligentia News in Power.

  India’s solar power generation capacity would nearly double to 22 GW by the end of current fiscal and more wind power auctions would be conducted in the coming months, Power Minister Piyush Goyal said today. India has set ambitious target of having 100 GW of solar energy and 60 GW of wind power capacities by […]

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• Govt to map all renewable energy sources in the country

  Posted on June 30, 2017 by Diligentia News in Power.

  The government is preparing a list of all renewable power generation points in the country to aid integration of clean energy with existing sources. The directives for setting up the registry have already been given, according to the Minister of State (Independent Charge) for Coal, Power, New and Renewable Energy and Mines, Piyush Goyal. Speaking […]

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• Power discoms’ subsidy dependence to rise to Rs 81,000 crore current fiscal: ICRA

  Posted on June 28, 2017 by Diligentia News in Power.

  The overall subsidy dependence of state-owned power distribution utilities (discoms) for the current financial year (2017-18) is estimated at Rs 81,000 crore, an increase of around 7-8 percent over the previous fiscal, research and ratings agency ICRA said today. “The increase in the subsidy requirement is predominantly driven by the subsidy and concessional tariff announcements […]

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• Indian renewable market to witness strong growth: Moody’s

  Posted on June 28, 2017 by Diligentia News in Power.

  As India is moving towards meeting its commitments under the Paris agreement on climate change, its renewable energy market is likely to witness a strong growth over many years, says Moody’s Investors Service. “However, renewable energy projects face challenges related to the weak credit quality of offtakers, an evolving regulatory framework, as well as financing […]

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• Solar power helps pump up petrol sales amid power shortage

  Posted on June 28, 2017 by Diligentia News in Power.

  Solar energy is displacing fossil fuels across the globe. But in India, it is helping boost sales of diesel and petrol at filling stations. As petrol pumps start using solar energy, many of them, especially in the hinterland with ample sunlight, are reclaiming as much as 10 per cent of sales earlier lost due to […]

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• Government stitches rescue plan for Tata, Adani power plants

  Posted on June 28, 2017 by Diligentia News in Power.

  The biggest rescue package being stitched together for distressed power plants could see lenders take over three imported coal-fired generation stations of the Tata, Adani and Essar groups, involving an estimated investment of over Rs 40,000 crore, and transfer 100% equity for Re 1 to consumers states, including Gujarat where these plants are located. But […]

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• BHEL Bags EPC Order For 15 MW Solar Photovoltaic Power Plant

  Posted on June 27, 2017 by Diligentia News in Power.

  Bharat Heavy Electricals Limited (BHEL) has secured an order for setting up a 15 MW Solar Photovoltaic (SPV) Power Plant on Engineering, Procurement and Construction (EPC) basis, in Gujarat The order has been placed on BHEL by Gujarat Alkalies and Chemical Limited (GACL) for setting up the SPV Power Plant at Gujarat Solar Park at […]

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• ‘India’s thermal plants may become economically unviable’

  Posted on June 27, 2017 by Diligentia News in Power.

  India’s ultra thermal plants, designed to run on foreign coal, may no longer afford to do so economically in the future, says a top financial analyst with a leading US-based institute. This can be seen in the case of India’s two largest thermal power projects in Gujarat’s port town of Mundra — Adani Power’s 4.6 […]

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• India should aim to get 40% electricity from nuclear power by 2050: M R Srinivasan, Former AEC chief

  Posted on June 27, 2017 by Diligentia News in Power.

  Indigenous manufacturing of major components and ensuring a strong participation from the domestic industry are the major challenges before the Indian nuclear power programme now, says former Atomic Energy Commission (AEC) chief M R Srinivasan. “For a large nuclear power capacity to be built in a country like India, it is very important to have […]

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• Developers reel under losses as Rajasthan companies shut off wind power supply

  Posted on June 27, 2017 by Diligentia News in Power.

  Wind power developers in Rajasthan face losses once again as state distribution companies unplug their supply from the grid, a practice known as backdown. “Every day, 15-20% of wind power is being curtailed,” said an official of the Wind Independent Power Producers Association (WIPPA). “On some days, power has even been switched off completely by […]

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