Independent Power Producers

The completion of the second round of medium-term power purchase agreement (PPA) auctions along with the slightly higher tariffs discovered is positive for the independent power producers (IPPs), the rating agency said in a statement.

Intense competition to limit growth potential of solar IPPs

Solar power projects under different state policies have been competitively bid and awarded at a tariff of about Rs. 6.5 per unit. This levelised tariff is significantly lower than Rs. 9.4 per unit, a level we believe is required to achieve reasonable equity internal rate of return (IRR) of, say, 16 per cent: CRISIL.

ICRA assigns fundamental grade '4' to Power Finance

ICRA Equity Research Service has come out with its report on Power Finance Corporation (PFC). The research firm has assigned the fundamental grade '4' and the Valuation Grade 'A' to the company in its report dated July 05, 2012.

Independent power producers; trends & outlook: ICRA

ICRA Rating has come out with its report on independent power producers (IPPs). The rating agency has observed that about 60% of the thermal capacity under execution by private IPPs is based on domestic coal which remains exposed to fuel supply risks because domestic coal shortages are expected to increase significantly over the long term.

Suzlon bags Rs 650 cr order from Orient Green Power Co

India's largest wind turbine maker Suzlon Energy today said it has bagged a Rs 650 crore order from Chennai-based Orient Green Power Company to supply turbines for projects with a cumulative capacity of over 100 MW.

India set to be top Indonesia coal importer

India will surpass Japan to become the leading buyer of Indonesian coal this year, taking as much as 60 million tonne to help meet India's burgeoning power demand, the Indonesian Coal Mining Association said on Monday.