The Ministry of New and Renewable Energy’s (MNRE) flagship event RE Invest (3rd Edition) will take place virtually from November 26 to 28. According to the sources PM Narendra Modi will inaugurate the event on November 26. CEOs of global companies are expected to participate in the event. The main aim of conducting the conference […]
PM delivered inaugural address at 4th India Energy Forum CERAWeek through video conference. The theme of this edition is “India’s Energy Future in a world of Change”. Speaking on the occasion, the Prime Minister said India is full of energy and its energy future is bright and secure. He elaborated that in spite of various […]
Earlier reports hovering around suggested that Denmark based wind turbine manufacturer Vestas thinks India is not as profitable a market and it stopped taking on new orders because of it. Wind turbine manufacturers including the domestic players said that the tariffs reached in Indian wind auctions are too aggressive and the margins too low. Now […]
The inflation indexation of tariffs for future solar capacity could provide much-needed financial respite to the distressed power distribution sector and help India move away from coal-fired power, according to a joint briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA) and the CEEW-Centre for Energy Finance (CEF). Zero indexation tariffs have been the […]
Inox Wind has bagged orders to supply and install wind turbine generators of 40 MW capacity from retail customers across various industries. The projects will be executed on a turnkey basis across locations in Gujarat and Karnataka. “Inox Wind today announced new orders for the supply and installation of wind turbine generators of 40 MW […]
New analysis, commissioned by the We Mean Business coalition and conducted by Cambridge Econometrics, shows that green recovery plans boost income, employment and GDP better than return-to-normal stimulus measures, with the added benefit of reducing emissions. In all geographies modelled (global, the EU, Germany, Poland, Spain, the UK, USA, Japan and India), green recovery plans were found to be more effective than […]
CLP India arm CLP Wind Farms (India) has raised Rs 296.9 crore through non-convertible debentures. The company in a statement said “CLP Wind Farms (India) Private Ltd, a subsidiary of CLP India Private Ltd (CLP India), has raised Rs 296.9 crores through the issuance of rated, secured, unlisted, redeemable and non-convertible debentures. Standard Chartered Bank […]
Encouraging investor interest and enabling regulations can boost the investments into the renewables sector by a healthy 35 percent to Rs 1.5 lakh crore between now and the end of fiscal 2023, says a report. The past three years saw fresh investments into the renewables sector led by solar and partly by wind power, surging […]
NTPC on Thursday said it has incorporated a subsidiary for its renewable energy business. “NTPC Ltd has incorporated a wholly-owned subsidiary, in the name of NTPC Renewable Energy Ltd with the Registrar of Companies, NCT of Delhi & Haryana on October 7, 2020, to undertake renewable energy business,” a BSE filing said. In August, NTPC […]
Vestas has launched a new variant of turbine optimised for low and ultra-low wind project conditions in India. The company in a statment said -while the new turbine is globally applicable, it initially targets low and ultra-low wind condition projects in India and USA. It increases the turbine swept area by 67 percent in comparison […]
