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750 MW solar park to come up soon

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 […]

Wind power tariffs sustainable around Rs 3 per unit

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 […]

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

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 […]

Tata Power to grow RE business three-fold

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 […]