Uzbek Solar Round 3 IFC Transaction Advisory has been mandated by the Government of Uzbekistan (“GoU”) to structure public private partnerships and attract private partners to be selected under open and competitive processes, for the development of several solar photovoltaic (“PV”) parks with a total capacity of 1000 MW. Such mandate is implemented in several […]
Tata Power to develop 100 MW solar project in Gujarat
Tata Power won this capacity in a bid announced by GUVNL in March. The project has to be commissioned within 15 months from the date of execution of power purchase agreement Mumbai: Tata Power has got a letter of award from Gujarat Urja Vikas Nigam Ltd (GUVNL) to develop a 100 megawatt solar project in […]
Application in respect of termination of PPA signed between the parties for Procurement of 107 MW of power on long term basis
Application for adjudication of dispute between Beta Infratech Private Limited and Uttarakhand Power Corporation Limited in respect of termination of Power Purchase Agreement dated 01.03.2017 signed between the parties for Procurement of 107 MW of power on long term basis. For more information please see below link:
1,600-MW Jharkhand project delayed due to lockdown: Adani Power
The project was approved by highest decision-making body on SEZ — Board of Approval — chaired by the commerce secretary, in its meeting on February 25, 2019 New Delhi: Adani Power on Monday said its 1,600-megawatt (MW) thermal power project in Jharkhand has been delayed due to the coronavirus-induced lockdown. The project would supply 1,496 […]
Adani Power gets nod to set up 1,320 MW plant in Madhya Pradesh
Pench Thermal Energy has signed a power purchase agreement with MP Power Management Company Ltd (MPPMCL) for procurement of 1,320 MW of electricity on long-term basis New Delhi: Adani Power on Wednesday said Madhya Pradesh Electricity Regulatory Commission has approved setting up of a 1,320 MW thermal power plant in Madhya Pradesh. The commission has […]
Discoms to get loans at cheaper rate to pay dues to Gencos: Minister
“PFC and REC provide loan to distribution and generation sector with a spread of 2.5 to 3 per cent. Under the present scheme, they have agreed to take lower 1.5 per cent spread that will lower the interest rate,” he said New Delhi: Financially stressed discoms will be offered loans at cheaper rates of 8.5 […]
Adani Power reports Rs 1,312 cr loss in Q4; FY20 loss widens to Rs 2.2k cr
The company said that its average plant load factor (PLF) or capacity utilisation achieved during 2019-2020 was 68 per cent as compared to 64 per cent achieved in the previous year New Delhi: Adani Power Monday reported a consolidated net loss of Rs 1,312.86 crore for the quarter ended March 31, mainly due higher operating […]
Greencoat UK Wind to buy 320 mln stg wind UK wind project from Vattenfall
Britain has a climate target to reach net zero emissions by 2050 which will require it to build several more power renewable power plants LONDON: Infrastructure fund Greencoat UK Wind PLC has agreed to buy the South Kyle wind farm in Scotland from developer Vattenfall for 320 million pounds ($397.66 million) once the farm begins […]
Discoms obligated to pay for electricity within 45 days: Power ministry
In the letter on Monday, the ministry said late payment surcharge is applicable in case of nonpayment of dues within the stipulated period. This surcharge in most cases goes up to 18 per cent per year NEW DELHI: With its relief being construed as a moratorium on payments, the Union power ministry has clarified that […]
IFB FOR SETTLEMENT OF LEASE OBLIGATIONS/OUTSTANDING DEBT OF RS INDIA WIND ENERGY PVT LTD
INVITATION OF BIDS FOR SETTLEMENT OF LEASE OBLIGATIONS/OUTSTANDING DEBT OF RS INDIA WIND ENERGY PRIVATE LIMITED TOWARDS POWER FINANCE CORPORATION LIMITED (PFC) For more information please see below link: For Further Information Please Contact : Name : RICHIE GIFTSON PAUL Designation : CHIEF MANAGER Phone Office : 01123456549, 01123456120 Fax No : 01123456549 Email […]
