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Adani to sell 25.1% in Mumbai power distribution biz to Qatar Investment Authority

By : Sustainability ..., Dec 12, 2019

Adani Transmission Ltd on Wednesday said it will sell 25.1% stake in its arm Adani Electricity Mumbai Ltd (AEML) to Qatar Investment Authority for around ₹3,200 crore. "Adani Transmission Ltd (ATL), Adani Electricity Mumbai Ltd (AEML) and a subsidiary of Qatar Investment...

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UP: PCL to buy 200 MW solar power

By : Sustainability ..., Dec 11, 2019

The UP Electricity Regulatory Commission (UPERC) on Monday approved procurement of 200 MW solar power by UPPCL from Solar Energy Corporation of India (SECI). The tariff for it will be Rs 2.89 per unit, including a trading margin of Rs 0.07 per unit. The trading margin is like...

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COP 25: India calls for speedier expansion of international solar alliance

By : Sustainability ..., Dec 10, 2019

More countries should join the International Solar Alliance (ISA) to reduce dependence on fossil fuels to meet growing energy requirements, Union Environment Minister Prakash Javadekar said in Madrid on Monday. Speaking at a ministerial plenary on the sidelines of the 25th...

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Tamil Nadu: 3 railways stations go solar, shun thermal power during day

By : Sustainability ..., Dec 2, 2019

Electricity supply between 10am to 5.30pm to three major railway stations in the western region, Erode, Coimbatore and Salem, is provided by solar power, a renewable source of energy. These three stations do not use coal or thermal power during the day and depend on TANGEDCO...

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Goa to buy solar power from NTPC for next three years

By : Sustainability ..., Nov 28, 2019

The cabinet on Wednesday approved a proposal for extending the power purchase agreement executed with M/s NTPC Vidyut Vypar Nigam Ltd (NVVNL) for purchase of solar power by three years. Power minister Nilesh Cabral said that a lower rate of Rs 5.5 per unit has been negotiated...

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Indian Railways to be fully electrified in next 3-4 years

By : Sustainability ..., Nov 25, 2019

Indian Railways, country’s national carrier, is taking steps to minimise carbon footprint by reducing the number of trains running on diesel and to fully bring the network to run with electric locomotives. As on 01 November 2019, 37,237 route kilometers of rail lines have...

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Mahindra in final lap to sell solar portfolio

By : Sustainability ..., Nov 22, 2019

Mahindra Susten, the renewable business arm of Mahindra group, has got binding offers from CLP India and the Piramal Group for its 160 megawatts (MW) solar assets, said two people aware of the development, requesting anonymity. “Both parties have completed due diligence of...

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Gujarat: Solar power to breathe life back into defunct Sewage Treatment Plants

By : Sustainability ..., Nov 20, 2019

The defunct sewage treatment plants (STPs) in the 170 municipalities across Gujarat are expected to be made functional again using solar power. The state government’s urban development department has initiated a pilot project to run STPs in eight municipalities and water...

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Renewable energy producers struggle to stay afloat

By : Sustainability ..., Nov 6, 2019

Independent power producers (IPPs) in renewable energy sector in the state are struggling to stay afloat as the government has delayed clearing their dues for months, even as they wait for a direction from the Andhra Pradesh Electricity Regulatory Commission (APERC) on...

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OPIC has invested $350 million in renewable sources in India: US State Department

By : Sustainability ..., Nov 5, 2019

Overseas Private Investment Corporation (OPIC), a development finance institution of the US government, has invested $350 million in six new solar and wind-power generation facilities in India, the US Department of State said on Sunday. "OPIC invested $350 million (Rs 2,480...

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