Tags: wind energy news

The University of Aberdeen moves to embrace energy transition opportunities

The University of Aberdeen will showcase its expertise in energy research at this year’s SPE Offshore Europe, as it announces its ambition to create a new Centre for Energy Transition. The Centre – which aims to build on the University’s status as a global leader in energy research and teaching – will align research and […]

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NCLT allows IL&FS to sell 7 wind assets to Orix for Rs 4,800 crore

The National Company Law Tribunal Wednesday cleared the sale of IL&FS’s seven wind energy assets to Japan’s Orix Corporation for Rs 4,800 crore, which will partially help reduce its debt burden of over Rs 99,000 crore. The tribunal comprising of VP Singh and Rajesh Sharma allowed the government-appointed board’s plea to approve sale of 51 […]

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Environment Ministry relaxes lease rent on wind power projects

In a bid to boost investments in wind power projects and provide clean energy at cheaper rates, the Environment Ministry on Thursday decided to relax the lease rent of Rs 30,000 per mega watt charged mandatorily from wind power companies. Environment Minister Prakash Javadekar took the decision in a review meeting at the ministry headquarters, […]

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IL&FS board seeks NCLT nod to sell 7 wind power units to Orix for Rs 4,800 cr

The IL&FS board on Tuesday sought the approval of the National Company Law Tribunal (NCLT) to sell seven wind assets to Japan’s Orix Corporation for Rs 4,800 crore, which will help reduce its debt burden of Rs 94,000 crore. Orix Corporation of Japan is already an equity partner in the group and owns 49 percent […]

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Sembcorp commissions 200 MW wind power project in Bhuj

The Indian arm of Singapore-based Sembcorp Industries on Friday said it has commissioned 200 megawatt of wind power project at Bhuj in Gujarat, taking its total generating capacity to 450 MW to become the largest producer of electricity from wind energy in the country. Sembcorp Energy India Ltd reported an 8 per cent rise in […]

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IL&FS proposes to NCLT sale of wind energy assets to ORIX of Japan

Embattled IL&FS group has proposed to the National Company Law Tribunal (NCLT) the sale of its wind energy business to Japan’s Orix Corporation which will help reduce the debt of the company by Rs 4,800 crore. Infrastructure Leasing and Financial Services (IL&FS) said in a statement it has filed the proposal to complete the sale […]

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RRB Energy to set up Rs 130-cr facility for higher capacity wind mills

Wind turbine maker RRB Energy on Wednesday said it will invest Rs 130 crore to set up a new facility to manufacture high capacity wind mills. “RRB Energy will be establishing a new facility by infusing over Rs 130 crore for the purpose of engagement with higher capacity turbines. The new plant will boost state-of-the-art […]

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PM Modi to inaugurate 3rd Global Renewable Energy Investors meet on Oct 30

Prime Minister Narendra Modi will inaugurate the third Global Renewable Energy Investors’ Meet on October 30, an official said on Thursday. India is expecting an investment of $80 billion in 2-3 years in the renewable energy sector, said Anand Kumar, Secretary of Ministry of New and Renewable Energy. “Prime Minister Narendra Modi will inaugurate the […]

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Land acquisition, infra continue major impediments for timely completion of wind projects: Care

Even as the amendments have been made to bidding guidelines for wind projects in India, land acquisition and evacuation infrastructure will continue to remain major impediments for timely completion of such projects, according to a report. Last week, the government made certain amendments to the bidding guidelines for wind projects to fast-track installation of such […]

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Andhra Pradesh seeks cancellation of 21 wind power pacts

The battle between renewable energy companies’ and Andhra Pradesh is getting intense as the state has sought cancellation of 21 wind power purchase agreements with clients of Suzlon Energy and Axis Energy and is not letting the wind plants operate for most hours of day without giving any valid reason. The cancellation is despite the […]

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