Power articles

NMDC, NLC to ink MoU with Aussie firm ECT for R&D project

NMDC and NLC India Limited may sign an MoU with Australia-based Environmental Clean Technologies Limited for setting up an R&D facility involving an investment of AUD 35 million (USD 26.29 million) in Tamil Nadu, on May 30 in Canberra. According to a regulatory filing by the Aussie company, the R&D facility will focus on development

Messy energy equations across the world cast cloud on solar alliance

There is a list of 300-odd projects on the table from 35 countries for the officers of the International Solar Alliance (ISA) to wade through on a warm May afternoon. “It should take us about three hours at least,” says Upendra Tripathy, the interim Director General of the energy organisation with its headquarters at Gurugram,

India poised to join China as global leaders in renewables: Report

India is poised to join China as the two global leaders in the renewable energy technology-led transformation, a US-based research institute said on Tuesday. India doubled solar installs to 10 GW in 2017-18 and is rapidly up-scaling capacity to strive towards the ambitious and transformational 100 GW of solar by 2022, Director of Energy Finance

20 UP sugar mills sold electricity worth Rs 20 crore to govt in 2016-17

Twenty sugar mills, including six from Muzaffarnagar district, sold surplus electricity worth Rs 214 crore to the Uttar Pradesh Power Corporation Limited (UPPCL) in 2016-17, officials said today. Six sugar mills from Khatauli, Titawi, Budhana, Mansurpur, Tikola and Khaikheri areas in Muzaffarnagar accounted for electricity worth Rs 78 crore, District Cane Officer (DCO) O P

EESL distributes 30 cr LED bulbs, helped save Rs 15K cr annually

State run Energy Efficiency Services Ltd (EESL) today said it has distributed over 30 crore light emitting diode (LED) bulbs across the country under the Unnat Jyoti by Affordable LEDs for All (UJALA) scheme. The UJALA scheme was launched by Prime Minister of India Narendra Modi in January 2015 and is currently the largest LED

Sterlite Power eyes $4 billion investment in Brazil by 2022

Sterlite Power, which won orders to build power transmission lines in Brazil last year, is mulling an investment of USD 4 billion in energy projects in Brazil by 2022. Looking for better returns and a wide range of opportunities for investments in Brazil, Sterlite Power’s idea is to grow rapidly in the country and establish

State-run power plants resume coal imports amid shortages

State-run thermal power plants in India’s coastal states have again begun buying overseas coal due to domestic coal shortages, government and utility officials said, in a setback for the country’s long-term plans to eliminate imports. After no significant imports in 2017, government utilities in the states of Tamil Nadu and Andhra Pradesh have ordered several

India’s latest power debacle is Enron times 20

Enron Corp. is long gone, but the scandal it left behind in India has beguiled the country’s lenders for almost two decades. However, if the bankers who financed the U.S. energy company’s unviable power plant in Maharashtra state aren’t ruing that 2,000-megawatt debacle any more, it’s only because they’re now staring at a mess 20