MNRE releases Year End Review 2018

Keeping in view our commitment to a healthy planet and our Nationally Determined Contributions as per the Paris Accord on Climate Change, India made a pledge that by 2030, 40% of installed power generation capacity shall be based on clean sources, it was determined that 175 GW of renewable energy capacity will be installed by […]

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Fortum to install Nordic’s biggest battery to support grid stability

Fortum will take into use a significant battery solution in Sweden. The Nordic’s biggest battery to date will be installed at Fortum’s Forshuvud hydropower plant located on the Dalälven in Sweden. The battery system’s output is 5MW and the storage capacity is 6.2 megawatt-hours. The total cost of the system is approximately EUR 3 million. […]

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NHPC board okays share buyback at Rs 28 apiece for Rs 600 crore

State-run hydro power giant NHPC’s board has approved buyback of 21.42-crore equity shares at Rs 28 apiece, aggregating Rs 600 crore. The board approves the buyback by the company of its fully paid-up equity shares of Rs 10 each not exceeding 21,42,85,714 equity shares (representing 2.09 per cent of the total number of equity shares […]

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Tajikistan launches giant dam to end power shortage

Tajikistan on Friday inaugurated a $3.9-billion hydro-electric power plant, a mega project that would enable the impoverished country to eliminate domestic energy shortages and export electricity to Afghanistan and Pakistan. Built on the Vakhsh River in southern Tajikistan, the plant championed by President Emomali Rakhmon is expected to reach a height of 335 metres (1,099 […]

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BHEL Commissions 120 MW Pulichintala Hydro Electric project in Telangana

With the commissioning of the fourth and final 30 MW hydro generating unit, Bharat Heavy Electricals Limited (BHEL) has successfully commissioned the 120 MW Pulichintala Hydro Electric Project (HEP) in Telangana. The other three units of the 4×30 MW Pulichintala Hydro Electric Project, commissioned earlier by BHEL, have been operating successfully. Located in Suryapet district of […]

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Tamil Nadu CM Palaniswami writes to PM over Kerala’s proposal for new dam

The Tamil Nadu government on Wednesday wrote a letter to Prime Minister Narendra Modi, opposing the Centre’s nod to Kerala’s proposal to conduct an Environmental Impact Assessment Study for construction of a new dam in place of the existing Mullaperiyar reservoir. In the letter, Chief Minister K Palaniswami said a committee under the Ministry of […]

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Himachal Pradesh Cabinet decides to allot 780-Mw Kinnaur hydro project to SJVN

The Himachal Pradesh Cabinet has decided to provide 25 per cent subsidy for setting up of private hospitals in rural areas in the state, an official spokesperson said. The Cabinet meeting held here on Monday under the chairmanship of Chief Minister Jai Ram Thakur decided to introduce the ‘Swasthya Mein Sahbhagita Yojna’ to ensure improved […]

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China-backed hydroelectric dam threatens world’s rarest orangutan

A billion-dollar hydroelectric dam development in Indonesia that threatens the habitat of the world’s rarest great ape has sparked fresh concerns about the impact of China’s globe-spanning infrastructure drive. The site of the dam in the Batang Toru rainforest on Sumatra island is the only known habitat of the Tapanuli orangutan, a newly discovered species […]

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To boost clean energy in India states ask for subsidies, support, protection and right policies

States on Wednesday urged the Centre to provide a level-playing field for domestic investors in the renewable energy sector and categorise large hydro projects as clean energy source to give a boost to green energy projects. Chief ministers and representatives of various states at the Second Global RE-Invest Summit here demanded that subsidies and easy […]

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Nepal to award 1,200 MW hydroelectric project to Chinese company

Nepal has revived a deal with a Chinese state-owned firm to construct a USD 2.5 billion hydroelectric plant, that had been scrapped by the previous government, officials said. Prime Minister K P Oli’s governemnt last week decided to hand over the Budhi Gandaki Hydropower Project, to the China Gezhouba Group Corporation (CGGC), reversing the former […]

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