Tags: wind

Rajasthan govt to bring new renewable energy policy: Minister

Rajasthan Energy Minister B D Kalla on Tuesday said the government would bring a new renewable energy policy in the state. Speaking at a seminar on ‘exploring renewable energy potential in the state of Rajasthan’ on the 75th birth anniversary of former prime minister Rajiv Gandhi, Kalla asked the department officials to conduct more research […]

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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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Suzlon Energy net loss narrows to Rs 337 cr in June quarter

Suzlon Energy’s consolidated net loss narrowed to Rs 336.88 crore in the June quarter, on account of lower expenses. The company had reported a loss of Rs 575.10 crore in the corresponding period of the previous financial year. Its total expenses in the April-June 2019 quarter declined to Rs 1,178.39 crore as compared with Rs […]

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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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Renewable energy certificate sales down 61 per cent in July

Sale of renewable energy certificates declined by 61 per cent to 6.29 lakh units in July as compared to 16.18 lakh in the same month a year ago due to lower supply, according to official data. Indian Energy Exchange (IEX) and Power Exchange of India (PXIL) are the two power bourses in the country which are engaged […]

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Tamil Nadu power consumers hail ‘must run status’ of energy projects

Tamil Nadu Electricity Consumers Association (TECA) Friday welcomed the communication of the Ministry of New and Renewable Energy to the state governments to honour ‘must run status’ of wind and solar projects. In a press release here, TECA secretary N Pradeep said the decision was hailed as curtailing of wind and solar power by state […]

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Amazon Announces Two New Renewable Energy Projects in US and EU

Amazon announced the company’s 65th and 66th renewable energy projects. Amazon’s newest renewable energy project in the EU will be located in Cork, Ireland, and will be the second Amazon Wind Farm in the Republic of Ireland. Once complete, the new Amazon Wind Farm will provide 23.2 megawatts (MW) of renewable capacity, with expected generation of 68,000 megawatt hours (MWh) of clean energy […]

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