Tags: wind power

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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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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Government amends bidding guidelines for wind power projects

In a bid to fast-track wind power projects, the Centre has made certain amendments to the bidding guidelines for such projects, according to an official statement. The amendments have been made based on the experience of bidding and consultation with various stakeholders, the Ministry of New and Renewable Energy said in a statement on Wednesday. […]

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IL&FS gets approval for sale of wind energy projects to Orix Corp

Cash strapped Infrastructure Leasing and Financial Services (IL&FS) Monday said it has received approval from NCLAT appointed Justice (Retd) D K Jain for the proposed sale of its balance 51 per of stake in seven wind energy subsidiaries to Orix Corporation of Japan. Justice Jain who has been appointed by the NCLAT to supervise the […]

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Kenya launches Africa’s biggest wind farm

Kenya on Friday inaugurated Africa’s biggest wind power plant, a mammoth project in a gusty stretch of remote wilderness that now provides nearly a fifth of its energy needs. The $680-million (600 million euro) project, a sprawling 365-turbine wind farm on the eastern shores of Lake Turkana, will deliver 310 megawatts of renewable power to […]

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EDF Renewables and Masdar places 415 MW order in Saudi Arabia

A consortium formed by EDF Renewables and Masdar has placed a 415 MW order for the Dumat Al Jandal wind park in the Al Jouf region of Saudi Arabia. The project will be the country’s first utility-scale wind park, showcasing the increasing competitiveness of wind energy globally. The order is an engineering, procurement and construction […]

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