India

16 mini power projects being commissioned in Meghalaya

Sixteen mini power projects with a total generating capacity of 1,637 MW are being commissioned in Meghalaya to make the northeastern state self reliant in electricity, Chief Minister Conrad K. Sangma said. Shillong : Sixteen mini power projects with a total generating capacity of 1,637 MW are being commissioned in Meghalaya to make the northeastern […]

India

Chandigarh: Power users get Rs 12.6 crore as interest on security deposit

January 22, 2020 Anand Gupta

CHANDIGARH : On the directions of the Joint Electricity Regularity Commission (JERC), the UT electricity department has paid Rs 12.62 crore as interest on security deposit to power consumers in the city for the current financial year 2019-20. The UT electricity department is adjusting the interest amount in power bills. This was submitted by the […]

India

ReNew Power likely to have priced its dollar bonds

January 22, 2020 Anand Gupta

ReNew Power develops, builds, owns and operates utility-scale wind and solar energy projects as well as distributed solar energy projects that generate energy for commercial and industrial customers. ReNew Power, a renewable energy power producer, is likely to have priced its dollar-denominated bonds on Tuesday, through which the firm could raise close to $400-450 million, […]

India

Hartek Solar bags 1-MW rooftop solar projects in Daman

January 21, 2020 Anand Gupta

Ø Riding on its expertise and track record of keeping up high project execution standards, Hartek Solar goes all out to tap rooftop solar potential of the newly merged UTs of Dadra & Nagar Haveli, Daman & Diu. Chandigarh : Extending its Pan-India footprint, Hartek Solar, the rooftop solar division of the Hartek Group with […]

India

10% property tax rebate for adopting eco-friendly processes

January 21, 2020 Anand Gupta

Nagpur : The Nagpur Municipal Corporation (NMC) general body on Monday approved rebate of 10% in property tax for houses adopting at least two of four eco-friendly projects — producing compost by garbage segregation, rainwater harvesting, wastewater treatment and reuse, and producing solar or any type of renewable power. Also, approval has been given for […]

India

Budget 2020 | Reduction in GST tops demands of auto industry

January 20, 2020 Anand Gupta

Manufacturers have suggested a slew of measures to the Finance Minister with a hope to see a turnaround in coming months Reduction in the Goods & Services Tax (GST) tops the budget wish-list of the beleaguered automobile industry. Last year, the industry recorded its worst-ever sales decline in two decades as a variety of factors […]

India

KWA looks for budget push for its solar project

January 20, 2020 Anand Gupta

Kerala Water Authority is hoping for a favourable allocation from the state budget to launch its ambitious plans for reducing power burden through solar energy. THIRUVANANTHAPURAM : Kerala Water Authority is hoping for a favourable allocation from the state budget to launch its ambitious plans for reducing power burden through solar energy. The Authority’s financial […]

India

Solar case to be re-investigated? A central investigation agency approached seeking details of people including Oommen Chandy, says Saritha

January 20, 2020 Anand Gupta

THIRUVANANTHAPURAM : A central investigation agency has approached seeking details of the ‘solar case’, says Saritha S. Nair. She said the officials sought the details of people including Congress leader Oommen Chandy. The meeting which was held two times was in Chennai and Thiruvananthapuram. The meetings that were held between the anti-CAA protests are indicated […]

India

Nagpur: Op of power plants in violation of promises in Supreme Court

January 20, 2020 Anand Gupta

NAGPUR : After missing the pollution control deadline for the second time, the deadly coal-fired plants across the country continue to operate “in violation of the Centre’s promises made in the Supreme Court”, say experts. In a notification issued by the Union environment ministry in December 2015, all coal-fired power plants were first directed to […]

India

MahaVitaran’s power purchase cost: 61,234.57cr in 2020-21

January 20, 2020 Anand Gupta

Mumbai : To keep Maharashtra load-shedding free, the state electricity distribution company (MahaVitaran) will continue to purchase power from central and state undertakings and also from the private power producers. The power will also be sourced from energy exchange. The power purchase cost for 2020-21 has been estimated at Rs61,234.57 crore, Rs63,894.79 crore for 2021-22, […]