Category: Power

Kolkata: Waaree Energies, India’s one of the largest Solar PV manufacturers with a capacity of 1.5 GW, has set up 14 solar power centres in the state. The main objective of these centres spread over 14 districts is to make inroads into solar projects segment. The company is also a leader in the EPC (Engineering, […]

CHENNAI: Soon, a part of the daily operations at Nanganallur Road and Meenambakkam metro rail stations will run on solar power, as two plants of 428KWp capacity each have been installed and commissioned on the roofs of the two elevated stations. The solar plants, with a capacity to generate around 57,780 units per month, are […]

CHENNAI: Soon, a part of the daily operations at Nanganallur Road and Meenambakkam stations will be on solar power, as Chennai Metro Rail Limited (CMRL) has installed and commissioned a 428KWp solar power plant on the roof of the two elevated stations. The solar plants, with a capacity to generate around 57,780 units per month, […]

CHENNAI: Power demand in the state has crossed 16,000MW for the first time. It touched 16,151MW on Wednesday evening, surpassing the previous high of 15,847MW on March 13. Tangedco sources said the increased demand was mainly from domestic users, due to the increasing temperature and that they expected it to rise continuously in the coming […]

Mumbai: The Bimal Jalan committee is expected to next week submit its report on the appropriate level of reserves to be maintained by the RBI. According to a report by Bank of America Merrill Lynch (BoAML), the panel will identify excess capital of $14 billion to $42 billion, which can be used to address stressed […]

New Delhi, Apr 3 () Telecom Secretary Aruna Sundararajan on Wednesday proposed setting up a joint task force with the Ministry of New and Renewable Energy (MNRE) to promote green technology in the sector. “It is critical that we should set up a joint task force between the two ministries (telecom and MNRE) to ensure […]

New Delhi, Apr 2 () Shares of power companies gained up to 12 per cent Tuesday after the Supreme Court quashed a Reserve Bank of India circular on resolving bad debt that may provide relief to these firms. Shares of RattanIndia Power zoomed 12.18 per cent, KSK Energy Ventures 4.60 per cent, Adani Power rose […]

New Delhi, Mar 25 () Suzlon Energy Monday said it has completed sale of its two arms – SE Solar and Gale Solarfarms – to CLP Wind Farms for a total consideration of Rs 99.09 crore. “In terms of Share Subscription / Share Purchase and Shareholders’ Agreement executed by the company (Suzlon) and CLP Wind […]

NEW DELHI: The North Delhi Municipal Corporation has initiated work on its mega project for installing solar power rooftop plants at 30 model schools, four hospitals and four zonal office buildings. The project will help the north corporation save at least 4,300 units of electricity every day. The civic agency has already given the task […]

NEW DELHI: For the first time in recent history no coal-fired power stations in the country is starving for fuel, a far cry from 2014 when 66% of the units monitored by the Central Electricity Authority (CEA) were doddering due to critical coal inventory. Government officials said the total inventory at power stations reached 29 […]

HYDERABAD: In a financial boost to the Telangana irrigation projects, the Power Finance Corporation (PFC) has agreed to provide Rs 30,000crore financial assistance to the state of Telangana. The amount will be utilized for electro-mechanical works of Kaleshwaram and Palamuru-Ranga Reddy Lift Irrigation Projects. Telangana chief secretary SK Joshi, Telangana Genco and Transco chairman and […]

New Delhi, Mar 10 () With an aim to bolster its information-gathering mechanism and fast-track its probe, market regulator Sebi has sought direct powers to grant immunity in select cases and to impose lesser penalty if the accused agrees to provide assistance against other wrongdoers. In two separate proposals for the government, the Securities and […]