Home Tag "IPPs"

ARCELORMITTAL SOUTH AFRICA TO INTRODUCE RENEWABLE POWER INTO ENERGY MIX

  ArcelorMittal South Africa is inviting independent power producers (IPPs) to participate in a request for information (RFI) process for the supply and management of several photovoltaic (PV) power plants at its operations. A subsidiary of ArcelorMittal Holdings which is a leader in the global steel industry, ArcelorMittal South Africa is the largest steel producing […]

Net-metering gaining favour throughout Middle East and Africa

Return to growth: Given the mismatch between tariffs and risks, few new renewable IPPs being created

Power tariffs had declined significantly in 2016-17, ensuring price competitiveness. However, since then, RE sector risks have increased. Chhatrasal in a remarked that ‘The renewables sector in India is near-death. Capacity addition has markedly slowed down in this financial year. Few projects are achieving financial closure, and so, few projects are getting complete.’ (bit.ly/34I1JQr, FE, […]

PFC beats expectations, reports 23 pc jump in profit

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