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NTPC stock rated ‘Neutral’ by Credit Suisse, says risks weigh on prospects

NTPC has underperformed significantly over the last three-four months. We remain unexcited given (i) modest capacity addition progress, (ii) low ROEs even far out, (iii) risks related to regulatory review, capacity shutdown, (iv) NTPC’s incremental power is costlier than renewable as well as a portion of existing private capacity—this can affect near-term commercialisation as well […]

Maharashtra to float tenders in July for 500 MW solar park

Maharashtra, with the present solar installed capacity of 406 MW, has undertaken capacity addition of 2,500 MW by 2022 through public private partnership (PPP) and engineering procurement construction (EPC) basis. The state-run Maharashtra State Power Generation Company (MahaGenco) will invite tender in July for the development of solar park with 500 MW capacity at Dondaicha […]

UP GOVERNMENT SET TO ROLL OUT SOLAR ENERGY POLICY

The UP Government is set to roll out its Solar Energy policy and uploaded the draft policy in the in the official website of Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for suggestions from consumers and willing investors. Director of NEDA, Sangeeta Singh said that following expiry of Solar Energy Policy, 2013 and […]

Shri Piyush Goyal launches POSOCO-IMD Weather Portal for Power Sector & Web Portal ‘MERIT’ (Merit Order Despatch of Electricity for Rejuvenation of Income and Transparency)

Shri Piyush Goyal Union Minister of State (IC) for Power, Coal , New & Renewable Energy and Mines launched Weather Portal for Power Sector in association with POSOCO and IMD at the meeting of the Forum of Regulators here today . Day to day weather variations have an impact on load demand and energy production, […]