Wind woes increase in India, world's cheapest market, as delays pile up threatening nation’s renewable-energy ambitions
Developers are having difficulty finding affordable land, getting financing and connecting to grids.
Modi government plans big on wind power; projects of 12,162.50 MW capacity awarded so far
To facilitate the growth of wind power production i...
Modi government taking several steps to incentivise renewable energy sector: R. K. Singh
The government is facilitating developers by allowin...
India needs tariff reforms to boost consumption of renewables: WWF
According to the report, C&I consumers' power demand is met principally by grid power (63 per cent) and onsite captive generation (27 per cent, mostly coal fired).
Bankers look to resolve account of troubled wind turbine maker Suzlon Energy to stop contagion effect
Sources privy to the development told IANS that lenders may seek a month's extension for complete resolution of Suzlon beyond the stipulated 180 days allowed under the latest Reserve Bank of India circular.
Wind projects stall as NTPC fails to get tariff nod
Entities like NTPC, which conduct the auctions, are subsequently required to get sanctions from the states where the projects would be set up. In previous years, this was widely regarded as a formality with sanctions being automatically given. This time, however, NTPC was not able to secure tariff approval from state power regulatory commissions.
Wind power producers sever ties with bankrupt Senvion
India is said to be scaling down contracts with Hamburg-based turbine manufacturer Senvion after its solvency filed in German court of law. Alfanar Energy, which had signed a contract with Senvion for a 300 MW project in India, terminated the order and awarded it to Siemens Gamesa Renewable Energy.
Inox Wind gets SECI extension to commission 550 MW wind projects
The time extension has been granted by Solar Energy Corporation of India Limited (SECI) due to delay in operationalisation of long-term access by the central transmission utility, Inox Wind said in a regulatory filing to BSE. Inox Wind is a player in the wind energy market with three manufacturing plants in Gujarat, Himachal Pradesh and Madhya Pradesh.
Switching to renewable energy could cut power generation health impact by 80%
Emissions from power generation account for around 40 percent of all energy-related carbon pollution, and demand for energy is predicted to rise globally for years to come.
Andhra Pradesh government makes key changes to its policies on solar, wind and hybrid power
In an order, the Jagan Mohan Reddy government said it has observed statutory audit has reported an abnormal spurt in power purchase cost and deteriorated financial position of the Discoms.
IL&FS completes wind power units sale to Orix for RS 4,800 crore
This move gives Orix, which previously owned 49% stake a 100 % ownership in each of the seven projects. The entire debt of around Rs 3,700 crore held in the seven SPVs will now be with Orix thereby resulting in no haircuts for the lenders.
NTPC yet to get nod for 800MW auctioned wind power projects
The state regulator’s approval for adoption of tariff is required within two months after signing the power purchase agreement (PPA) or the power sale agreement (PSA), whichever is first.
Government mulls tapping wind power at low cost: Gadkari
Appealing to the new graduands to develop entrepreneurship skills, the Minister said they should not thinking of taking up new jobs but create new opportunities.
Renewable energy capacity by 2022 to exceed 175 GW target: MNRE
The New and Renewable Energy Ministry on Thursday denounced a Crisil report that stated the ministry may miss the renewable energy target by 42 per cent.
India to install 2.9 GW wind capacity in 2019: Report
In the latest wind auction conducted by the Solar Energy Corporation of India, the nodal agency of the Ministry of New and Renewable Energy, only two developers took part.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service