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AP Govt releases Rs 2,984 cr to clear power duesBy : Sustainability ..., Feb 27, 2020
The Andhra Pradesh government on Wednesday released a sum of Rs 2,984 crore to clear long- pending dues to solar and wind power generators, central generating stations and state generating stations. Of the total, Rs 2,199 crore will go to CGS and SGS while solar and wind... Read more.. |
Kerala Commission Issues Renewable Energy and Net Metering RegulationsBy : Sustainability ..., Feb 25, 2020
The Kerala State Electricity Regulatory Commission (KSERC) has issued the new state regulations for renewable energy and net metering in its ‘Kerala State Electricity Regulatory Commission (Renewable Energy and... Read more.. |
Mahindra Renewables to sell entire stake in 3 arms for nearly Rs 340 cr to CLPBy : Sustainability ..., Feb 25, 2020
Mahindra & Mahindra on Friday said its wholly-owned arm Mahindra Renewables will sell its entire stake in three subsidiaries to CLP India, a part of Hong Kong-based CLP Group, for nearly Rs 340 crore. Mahindra Renewables Pvt Ltd (MRPL) has on Friday agreed to sell its... Read more.. |
India installed 2,308 MW of solar capacity in Q4 2019: ReportBy : Sustainability ..., Feb 21, 2020
India installed 2,308 megawatt (MW) of solar capacity and 817 MW wind projects in the fourth quarter (Q4) of 2019, according to a recent report by research firm JMK Research and Analytics. It added that the quarter saw a significant increase in installed capacity across wind... Read more.. |
India's renewable energy sector to attract $10 billion investments annually: BoABy : Sustainability ..., Feb 19, 2020
India's renewable energy sector could become a prime destination for global investors with a potential to attract $10 billion (Rs 71,550 crore) of annual investments, Bank of America’s global head of energy and renewable business said. The government's target of generating... Read more.. |
Banking and NBFC crisis impeding credit flow for renewable energy sector: CEOsBy : Sustainability ..., Feb 13, 2020
The ongoing crisis in the banking system and the non-banking financial companies (NBFCs) is impacting the growth of the renewable energy sector impeding credit flow for projects, according to chief executive officers (CEOs) and other senior executives of companies operating... Read more.. |
Proposed Carbon Tax Waiver On Coal May Pose Risks To India's Renewables Growth: FitchBy : Sustainability ..., Jan 7, 2020
Fitch Solutions on Monday said that the centre's proposed carbon tax waiver on coal may pose substantial downside risks to India's renewable sector growth. In a bid to alleviate significant debt levels in the power industry, India has proposed to waive carbon taxes on coal (... Read more.. |
ICRA revises year-end outlook from stable to negative for renewable energy sectorBy : Sustainability ..., Dec 31, 2019
ICRA has revised the year-end outlook for the renewable energy (RE) sector, from stable to negative. The sector is facing headwinds because of the long delays in making payments by the state distribution utilities, execution delays for projects bid out over the past two years... Read more.. Subject Tags: DISCOMS , ICRA , land acquisition , renewable energy capacity addition , renewable energy sector |
Andhra Pradesh regulator approves solar power tariffsBy : Sustainability ..., Oct 18, 2019
The Andhra Pradesh Electricity Regulatory Commission (APERC) has waded into the row over attempts to renegotiate signed power purchase agreements (PPAs) by ordering state power distribution companies to honor the contracts. Regulatory approval of the solar power price set in... Read more.. |
ReNew load shedding sees 300MW of solar assets put on the blockBy : Sustainability ..., Oct 9, 2019
ReNew Power, which until recently was a major acquirer of renewable assets in India, has put 300 megawatts (MW) of solar assets on sale as the company tries to cope with rising uncertainty in the industry, two people aware of the development said. The move to raise capital... Read more.. Subject Tags: green energy utility , ReNew Power , Renewable Energy , renewable energy sector , Solar Assets |