Power

Study says 2017 installation was 17-GW short. India will need to significantly ramp up the pace of solar capacity additions by 10 GW this year and 15+ GW per year to meet the 2022 target, says an industry body. The...

Banks urged to lend for solar installations The International Solar Alliance (ISA) is proposing to set up a US$300 billion fund for the global solar energy, said ISA Director General Upendra Tripathy. “ISA is to bring out a tender for...

Roof-top solar to get another US$625m. The World Bank is providing US$100 million for development of internal infrastructure of solar parks planned by Indian Renewable Energy Development Agency Ltd (IREDA) of Ministry of New & Renewable Energy. The loan for...

DMIC receives Rs.499.86 crore funding. DMIC: work in progress. Commerce and Industry Minister Nirmala Sitharaman has given an update on the industrial corridors being built in the country, with funding status to date. The Delhi Mumbai Industrial Corridor (DMIC) is...

Nuclear pact comes into force. Modi and the Prime Minister of Japan, Shinzo Abe witnessing the exchange of the Civil Nuclear Agreement between India and Japan, at Kantei, in Tokyo on 11 November 2016. The India-Japan Agreement for Cooperation in...

Inefficient operators to face competition. PTC India Ltd, a trading and wind power company, has signed 1,050 megawatt power purchase agreements with wind-power producers. Mytrah Energy, Inox Wind and Ostro Kutch Wind Pvt. Ltd. would supply 250-MW each of wind...

Discussion on project viability commences. The Government has accorded ‘in principle’ approval of five coastal sites and designated them for locating Light Water Reactors (LWRs) in cooperation with the Russian Federation, France and the USA. Two projects, KKNPP 3&4 (2X1000...

Reactors to be completed in phases by 2031. Dr. Jitendra Singh. The Government has accorded administrative approval and financial sanction for construction of 10 indigenous 700 MW Pressurized Heavy Water Reactors (PHWRs) in fleet mode. The reactors are planned at...

Work on major projects by October 2017.   Tendering is in progress for projects under the Rs.1,800 crore Smart City Plan of the New Delhi Municipal Council (NMDC) which has been told to complete the development well before 2020 deadline....

Multi-billion dollar supports greener footprint. Wind plant picture of ReNew Power Ventures. India's renewable-energy sector, wooing US$90 billion-US$150 billion investment, is growing rapidly and increasingly able to compete on price against coal-based electricity providers, says a report on the industry....