As many as 3 GW of solar projects worth Rs 16,000 crore could be at risk of penalties for missing their respective scheduled commercial operation date (SCOD) if the impact of novel coronavirus on trade with China prolongs, says Crisil.According to the ratings agency, non-adherence to completion of timelines attracts penalties, including downward renegotiation of […]
The installation work for 50 Kw solar project at Vikas Bhavan building in Uttar Pradesh has started. The solar project will power at least 20 government departments in the building. Excess power generated from the solar plant installed at a cost of Rs. 23 lakh will be offered to the electricity department. The solar plant […]
ReNew Power has announced a joint venture partnership with South Korea based GS E&C for execution of its 300 MW solar power plant in Rajasthan. The project is part of the capacity auctioned by Solar Energy Corporation of India (SECI) under its tranche-IV auctions concluded earlier this year. GS E&C is one of South Korea’s […]
The United Nations on Thursday once again appreciated India for installing over 195 solar panels at its headquarters in New York, saying “these are just some of the ways” undertaken towards climate protection and carbon control. “Solar panels and a green roof are the latest additions to UNHQ in NYC, thanks to @IndiaUNNewYork,” the United […]
Exploring business opportunities in India, Russian investors have shown interest in solar power programme in Ladakh, which was recently made a Union Territory and has a huge potential in this sector. The interest has been conveyed to Invest India, the National Investment Promotion and Facilitation Agency, which helps investors looking for opportunities and options in […]
Himachal Pradesh has signed couple of agreements to set up solar power plants with an outlay of Rs 1,000 crore. The solar power plants would be set up in Una and Kangra districts. The first agreement of Rs 600 crore for 150 MW solar plant was signed with Renew Energy Private Ltd , it is […]
Delhi’s India International Centre went green with the installation of a 70-KW solar rooftop plant that will help it save 63 tonne carbon emissions and up to Rs 11 lakh in power bill per annum. The solar plant was set up by the Tata Solar Power under its corporate social responsibility with a cost of […]
The Telangana government on Wednesday said it would go for one-time settlement of dues of panchayats and municipalities to state-run electricity organisations and warned that henceforth heads of local bodies will be ‘punished’ for non-payment of bills on time. Chief Minister K Chandrasekar Rao, who presided over a review meeting on the power sector, said […]
Mahindra Susten has announced entering into a partnership with Japan-based Mitsui & Co to jointly develop and operate solar power generation projects in India. A player in the Indian solar energy sector, the Mahindra Group firm will continue to hold 51 per cent stake in Marvel Solren Private Ltd, with Mitsui holding the balance equity, […]
Cochin International Airport’s solar power project may soon be incorporated by International Solar Alliance (ISA) as success model for similar projects around the world. This will be part of ISA’s initiative to find out suitable models to be incorporated to achieve its plan of mass deployment of solar energy by 2030. According to reports delegation […]
