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Norway's Statkraft eyes hydropower projects in India

By : Sustainability ..., Mar 28, 2019

Norwegian state-owned electricity company Statkraft is actively scouting for hydropower opportunities in North India, including buying out stressed assets. The attempt by Europe’s largest green energy producer comes in the backdrop of the National Democratic Alliance (NDA)...

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India seeks bids for $5 billion in transmission lines to fuel renewables growth

By : Sustainability ..., Mar 27, 2019

India will launch $5 billion of transmission-line tenders in phases, beginning in June, to route a targeted 175 gigawatts (GW) of power from renewable sources into the country's grid by 2022,...

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NHPC eyes stressed 120 MW Jal Power plant in Sikkim

By : Sustainability ..., Mar 12, 2019

NHPC will bid for 120-MW Jal Power stressed plant in Sikkim when the project is bid out under the bankruptcy court this month. Lenders had referred the project to NCLT and the bankruptcy court...

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Cabinet approves renewable status for large hydro power projects

By : Sustainability ..., Mar 8, 2019

To boost hydro power generation, the government Thursday approved a slew of measures including providing renewable energy status for large hydel projects and new funding provisions. ...

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Govt approves projects, revival scheme worth Rs 31,000-cr for power sector

By : Sustainability ..., Mar 8, 2019

The central government has cleared projects and schemes totalling Rs 31,000 crore to boost investment in the languishing power sector. The Cabinet Committee on Economic Affairs (CCEA) approved...

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Cabinet approves investment proposal for transmission component of Arun-3 Hydro Electric Project (Nepal portion) by Sutlej Jal Vikas Nigam(SJVN) Limited

By : Sustainability ..., Mar 1, 2019

Cabinet Committee on Economic Affairs, chaired by Hon'ble Prime Minister Shri Narendra Modi has approved investment for Transmission Component of Arun-3 Hydro Electric Project(Nepal portion) for...

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Centre looks to sell SJVN stake without Himachal approval

By : Sustainability ..., Dec 11, 2018

The Centre can sell its stake in Satluj Jal Vidyut Nigam Ltd even if Himachal Pradesh, the partnering state government, is not open to the Rs 7,000 crore deal. 

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Japanese bank to fund West Bengal’s pumped storage project

By : Sustainability ..., Nov 16, 2018

West Bengals’ power distribution company has roped in Japan International Cooperation Agency for a Rs 5,000 crore loan that would part finance its proposed 1000 mw Turga pumped storage project...

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BHEL commissions 120 MW Pulichintala hydro power plant in Telangana

By : Sustainability ..., Nov 14, 2018

State-owned engineering giant BHEL said Monday that with the completion of fourth and final 30 MW unit, it has completely commissioned 120 MW Pulichintala Hydro-Electric Project (HEP) in...

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Average spot power price up 45% at Rs 5.94 per unit in October; highest ever sales volume in any month

By : Sustainability ..., Nov 6, 2018

The average power spot prices jumped over 45% to Rs 5.94 per unit in the month of October on the energy exchange from Rs 4.08 per unit in the same month a year ago. According to a statement by...

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