Daily Archives: January 8, 2019

India needs hourly electricity tariffs: IEEFA

With $100 billion of existing and proposed thermal power plants in financial distress and low cost but variable renewable energy capacity best able to meet targets, India has an opportune moment to transform its electricity sector by introducing day-ahead market pricing, the Institute for Energy Economics and Financial Analysis (IEEFA) said on Tuesday. A new

Bihar Announces RfP for 15 MW of Rooftop Solar Projects

The Bihar Renewable Energy Development Agency (BREDA) has issued a request for proposal (RfP) for the installation of 15 MW of grid connected rooftop solar PV systems. The project will be developed under RESCO model with net metering facility at various locations across the state. The scope of work includes the design, supply, installation, testing,

Andhra Pradesh reveals new wind-solar hybrid policy

The Andhra Pradesh government has issued Wind-Solar Hybrid Power Policy-2018 to encourage energy generation from wind and solar hybrid projects in the state. The state government has set a target to achieve 18,000 MW of renewable energy capacity by the financial year 2021-22, which is 10 percent of the national target. After the policy comes

NTPC to invest Rs 10,300 cr in greenfield thermal and solar plants in UP

Public sector energy generation major NTPC Limited has planned to invest almost Rs 10,300 crore in Greenfield power plants in Uttar Pradesh. These plants include a proposed 1,600 megawatt (Mw) (2×800) thermal power project at Shaktinagar (Singrauli) in Sonebhadra district of UP. This project is estimated to entail investment of Rs 9,000 crore, NTPC Regional

UDAN: Guwahati to become first city with international air connectivity to Bangkok, Dhaka

International boost for northeast India! Under Modi government’s ambitious UDAN (Ude Desh ka Aam Naagrik) scheme, the capital city of Assam, Guwahati, is likely to be the first one to be connected internationally with the central government finalizing bids for the Guwahati-Dhaka and Guwahati-Bangkok routes. According to a PTI report, while multiple bids were received

Oil prices steady on trade talk hopes and OPEC cuts, but slowdown looms

Oil prices were stable on Tuesday, supported by hopes that talks in Beijing between U.S. and Chinese officials might defuse trade disputes between the world’s biggest economies, while OPEC-led supply cuts also tightened markets. International Brent crude futures were at $57.42 per barrel at 0742 GMT, up 9 cents, or 0.2 percent from their last