India

Fotowatio to Withdraw from Solar Project in India

Having the FRV’s solar project in Ananthapuramu Solar Park in Andhra Pradesh on sale, Edelweiss Infrastructure Yield Plus Fund and Actis LLP’s Sprng Energy have already indicated interest in acquisition. Arabian clean and renewable energy solutions provider, Fotowatio Renewable Ventures (FRV) has planned to withdraw its only ownership in the Indian solar space. Having the […]

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Greenko Group Unsure of Buying Orange Renewables

The USD 1 billion deal between the two giants would have made Greenko Group country’s 2nd largest firm in renewable energy space following ReNew Power that has highest new energy capacity. Utility-scale clean and affordable energy provider, Greenko Group has been reluctant to buy wind and solar energy assets of Singapore based renewable energy developer, Orange […]

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Sembcorp to Supply 250 MW Power to Bangladesh for 15 Years

The wholly owned subsidiary of Sembcorp Energy India (SEIL), SGPL won competitive tender which was conducted in India by the Bangladesh Power Development Board (BPDB).  As a substantial addition to its portfolio, Sembcorp Industries has secured a tender to supply 250 MW of power to Bangladesh for 15 years. The wholly owned subsidiary of Sembcorp […]

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CEA Marks Peak Power Deficit for April-July at 0.9%

The report for peak power deficit has been projecting against the CEA’s forecast that said India would be a power surplus country by 2018-19 with energy and peak power surplus at 4.6 and 2.5 percent respectively. Central Electricity Authority (CEA) has asserted country’s peak power deficit at 0.9 percent and overall electricity deficit at 0.6 […]

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Amritsar’s Khalsa College to use Solar Energy  

The solar power plant installed on the dining room, primary school and the library of Khalsa College is said to produce three times the electricity that the college consumes. In a bid to switch to green energy for its power consumption, historic educational institution of Amritsar, Khalsa College has inaugurated a 775 KW solar power […]

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Chennai Corporation Buildings to Run on Solar Energy

The earlier plan which included the installation on 1,000 buildings has been tweaked down to 662 Chennai corporation buildings such as schools, primary health centers, offices, public halls, and dispensaries. The Tamil Nadu state government has approved its long-awaited plan to install rooftop solar panels at Greater Chennai Corporation buildings in order to reduce dependency […]

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GAIL Seeks Shareowners’ Nod to Make Solar Power Plants

GAIL has sought a nod to play an investor in start-ups and as a developer, in the prolific solar energy market. In order to diversify its portfolio beyond gas and petrochemicals, India’s largest natural gas processing and distribution company, Gas Authority of India (GAIL) has sought its shareholders’ permission to amplify its work profile beyond […]

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PM Modi Presses upon Upgrading Farmers’ Income with Solar Power Scheme

The solar power scheme aims at enhancing farmer’s living through boosting their income levels by allowing them to sell additional power to the grid through solar plants set up on their barren lands. During the Independence Day Speech, PM Narendra Modi has laid special emphasis on the application of the solar energy generation and announced […]

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