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In a first, power demand in Tamil Nadu crosses 16,000 MW

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 […]

Fitch Ratings affirms Clean Renewable Power’s USD 363 mn notes ‘BB-‘ rating with stable outlook – EQ

In a first, renewables surpass conventional energy sources in capacity addition in FY18

The sector added 11,788 MW to the grid, against 9,505 MW by traditional sources CHENNAI, MAY 1 For the first time in the country, the renewable energy sector has added more capacity than the conventional power — thermal, gas and nuclear — in 2017-18. The renewable energy sector which includes solar, wind and bio-fuel, has […]

Fitch Ratings affirms Clean Renewable Power’s USD 363 mn notes ‘BB-‘ rating with stable outlook – EQ

In a first, Delhi to buy 350MW power from wind farms

The discoms will purchase wind power at the rate of Rs 2.44 per unit which is even cheaper than power procured from thermal stations. With this, wind energy will have the highest share among the renewable sources that are used to meet Delhi’s power demand. In a first for the city, Delhi will use wind […]

Fitch Ratings affirms Clean Renewable Power’s USD 363 mn notes ‘BB-‘ rating with stable outlook – EQ