To give confidence to wind industry, Government declares national targets for off-shore wind power

Medium target of 5 GW by 2022 and long term target of 30 GW by 2030 declared Offshore wind power to add a new element to the already existing basket of renewable energy for the country The Ministry of New & Renewable Energy recently invited Expressions of Interest (EoI) for the first 1 GW offshore […]

India

750 MW solar park to come up soon

June 20, 2018 Anand Gupta

Amaravati: Energy firms Sprng Energy, Ayana and SoftBank Energy will set up a 750 MW Solar Power Park at NP Kunta in Anantapur district soon. It has been targeted to complete works within 8 to 10 months and start power production from the NP Kunta Solar Power Park. The State government has already identified land […]

India

Kempegowda International Airport to be powered by 100 % renewable energy by 2020

June 20, 2018 Anand Gupta

The energy input of Airport is 11 MW per day which will increase up to 20 MW because of two terminals. Already some patches of airport employ renewable solar energy. KIA generates around 3.44MW from solar energy daily. As per the proposed plan, the solar capacity will be enhanced. The total solar energy input would […]

India

Wind power tariffs sustainable around Rs 3 per unit

June 20, 2018 Anand Gupta

Lower payment and offtake risks, falling generation costs improves risk-return Wind power is likely to be sustainable at around Rs 2.9-3.0 per unit in fiscal 2019 because of reduction in payment and offtake risks, lower capital cost per generated unit, and conducive debt financing. Such tariffs, despite being 28% lower than the lowest under the […]

India

Solar power firm FRV in talks with funds to sell India project

June 19, 2018 Anand Gupta

Mumbai: Madrid-based developer of large-scale solar power plants, Fotowatio Renewable Ventures (FRV), is in talks to sell its 100-MW power project in India in a deal worth Rs 500-600 crore, according to two people aware of the development. FRV is talking with various investors such as Macquarie Infrastructure and Real Assets (MIRA), green infra JV […]

India

DNV GL partners with the EU and Government of India to bring offshore wind to the Indian market

June 19, 2018 Anand Gupta

Four-year study demonstrates feasibility and commercial viability of offshore wind in India and sets a global benchmark for offshore wind power. MANCHESTER, UK: DNV GL, the world’s largest resource of independent energy experts and certification body, is today showcasing the final reports in a study which demonstrates the commercial and technical feasibility of the offshore wind […]

India

Tata Power to grow RE business three-fold

June 19, 2018 Anand Gupta

Plans afoot to venture into consumer segment MUMBAI: As thermal power sector is undergoing disruption from the renewables, Tata Power, one of the oldest and largest utility companies in the country is seeing further growth coming from renewable business as well as consumer-oriented services in the energy saving space. Tata Power is planning to expand […]

India

Bengaluru airport could switch to total solar power by 2020

June 19, 2018 Anand Gupta

BENGALURU: The Bangalore International Airport Limited (BIAL) has set itself an ambitious target of running Kempegowda International Airport (KIA) completely on solar power by 2020. Currently, power demand at KIA is 11MW per day and airport authorities estimate it to increase to about 20MW after completion of the second terminal. The airport now generates 3.44MW […]

India

Renewable energy-based desalination could resolve India’s perennial water woes (Comment)

June 18, 2018 Anand Gupta

The ever-increasing demand for potable water is exerting tremendous stress on our existing consumable water resources. Water covers a little over 70 per cent of the earths surface, and by this we erroneously presume that there is adequate potable water. Realistically, only 3 per cent of this water is potable. According to a study in […]

India

Discom’s loss reduction: Cost curbs, tariff hikes held the key

June 18, 2018 Anand Gupta

A reining in of the costs of electricity generation at state-owned power plants, tariff hikes and digital billing-and-collection have enabled state-owned electricity distribution companies (discoms) under the Ujwal Discom Assurance Yojana (UDAY) to halve their losses to Rs 17,352 crore in FY18. A reining in of the costs of electricity generation at state-owned power plants, […]