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  • Lanco Infratech posts Rs 813-cr net loss in Oct-Dec qtr Feb 13, 2017 09:22 PM IST

    Lanco Infratech posts Rs 813-cr net loss in Oct-Dec qtr

    Lanco Infratech today reported a consolidated net loss of Rs 813.66 crore in the quarter ended on December 31, 2016, mainly due to decline in income.

  • Schneider Electric aids 2 GW solar power in India Feb 08, 2017 03:16 PM IST

    Schneider Electric aids 2 GW solar power in India

    According to the statement, by March 2017, the company plans to supply and commission equipment for another 500 MW solar projects, increasing its share of total capacity to 2.5 GW.

  • Adani appoints Purdie as CEO for rewnewable energy unit in Aus Feb 08, 2017 10:18 AM IST

    Adani appoints Purdie as CEO for rewnewable energy unit in Aus

    Adani Australia country-head and CEO, Jeyakumar Janakaraj, said the appointment of Purdie is a significant step for the company in Australia.

  • Budget 2017: A disappointment for Indian renewable sector, says Mercom Feb 07, 2017 11:35 AM IST

    Budget 2017: A disappointment for Indian renewable sector, says Mercom

    "While the Ministry of New and Renewable Energy (MNRE) has been coming out with new subsidies to spur rooftop installations, the Budget basically thwarts the momentum in rooftop by reducing accelerated depreciation and tax benefits," Mercom said in a note.

  • See FY18 sales growth at 15%, rail biz revenues may double: KEC Feb 02, 2017 01:01 PM IST

    See FY18 sales growth at 15%, rail biz revenues may double: KEC

    Increased allocation to railways and rural electrification in the Union Budget 2017 announced Wednesday will open up significant growth opportunities for KEC International, says MD & CEO Vimal Kejriwal.

  • Oil and coal demand could peak by 2020: Study Feb 02, 2017 08:26 AM IST

    Oil and coal demand could peak by 2020: Study

    The report proposes a new 'starting point' scenario that takes in cost reduction projections for electric vehicles and solar photovoltaic technology, as well as emissions commitments made under the historic Paris Climate Agreement.

  • Budget 2017: Arun Jaitley sets aside Rs 5472 cr for renewable ministry Feb 01, 2017 05:25 PM IST

    Budget 2017: Arun Jaitley sets aside Rs 5472 cr for renewable ministry

    In the Union Budget for 2017-18, Finance Minister Arun Jaitley allocated Rs 5,472.84 crore for the Ministry of New and Renewable Energy (MNRE), which is an increase of 25 percent from FY17 revised estimates.

  • EESL to invest Rs 24,700 cr for energy conservation in AP Jan 29, 2017 12:28 PM IST

    EESL to invest Rs 24,700 cr for energy conservation in AP

    Energy Efficiency Services Limited (EESL), a company under the Union Power Ministry, today signed multiple MoUs, worth Rs 24,700 crores, with the Andhra Pradesh government for energy efficiency and solar projects in the state.

  • Solar-powered system to provide safe drinking water in India Jan 23, 2017 03:22 PM IST

    Solar-powered system to provide safe drinking water in India

    According to researchers at the University of Edinburgh in the UK, there is no systematic treatment of sewage in rural India.

  • GST may hike clean energy costs; power min pushes for exemptions Jan 18, 2017 01:20 PM IST

    GST may hike clean energy costs; power min pushes for exemptions

    Power ministry has sought `deemed export‘ status for renewable energy projects to cushion GST‘s inflationary impact on solar and wind power plants

  • Rewa solar proj: A potential template for other states to follow Jan 17, 2017 11:17 AM IST

    Rewa solar proj: A potential template for other states to follow

    "The Rewa tender has many unique features and addresses two of the most critical risks for solar project developers in India – off-take and grid availability. If the tender results are as competitive as expected, it would provide a template for other states for solar power procurement," Vinay Rustagi says.

  • Tata Power, ReNew top list of large scale solar players: Report Jan 13, 2017 09:59 AM IST

    Tata Power, ReNew top list of large scale solar players: Report

    Tata Power has come out on top with the largest share of operating projects in India, while ReNew Power comes out on top for the largest pipeline of large-scale projects in the country.

  • Sops alone won't help Discoms warm up to solar rooftop biz Jan 10, 2017 10:56 AM IST

    Sops alone won't help Discoms warm up to solar rooftop biz

    The funds can be used by DISCOMs for multiple activities including up-gradation of distribution network and IT infrastructure, building consumer awareness campaigns, setting up consumer helplines, training employees, rating installers etc.

  • Ambiguity around GST hurting project planning: ReNew Jan 05, 2017 04:29 PM IST

    Ambiguity around GST hurting project planning: ReNew

    Speaking to Moneycontrol, Sumant Sinha, CEO of ReNew Power Ventures, one of India‘s largest clean energy company outlined his views on what the new tax regime has in store for the industry.

  • India's solar market to grow by 90% in 2017: Bridge to India Jan 03, 2017 10:24 AM IST

    India's solar market to grow by 90% in 2017: Bridge to India

    2017 packs a lot of promise as the industry starts with an order pipeline of around 14 GW of utility scale projects, out of which 7.7 GW is expected to be commissioned in the year, a growth of around 90 percent over 2016.

  • Govt nod for ratifying International Solar Alliance Agreement Dec 28, 2016 06:22 PM IST

    Govt nod for ratifying International Solar Alliance Agreement

    Government today gave ex post facto approval to the proposal of Ministry of New & Renewable Energy for ratification of the International Solar Alliance's (ISA) Framework Agreement by India.

  • Suzlon, AMP Solar form JV for 15 MW project in Telangana Dec 22, 2016 09:34 PM IST

    Suzlon, AMP Solar form JV for 15 MW project in Telangana

    According to the contract signed on December 21, 2016, AMP Solar shall acquire a 49 per cent stake in Rudra Solarfarms Ltd, a special purpose vehicle (SPV) set-up by Suzlon for executing this project, Suzlon Group said in a statement.

  • Solar biz to continue good run in 2017; tariffs to fall: Report Dec 20, 2016 03:35 PM IST

    Solar biz to continue good run in 2017; tariffs to fall: Report

    The year saw solar tariffs falling below Rs 5 (USD 0.07)/ kWh, which led to solar power gaining parity with other sources of greenfield power and Bridge to India sees the tariff to break the Rs 4/kWh mark in the coming year.

  • Large-scale solar projects in India at the mercy of poor infra Dec 15, 2016 03:19 PM IST

    Large-scale solar projects in India at the mercy of poor infra

    A study by Mercom said that project developers are citing issues including, lack of access roads, clean green lands, and clear demarcation of land areas in these solar parks.

  • India's largest rooftop solar tender to see record low tariffs Dec 13, 2016 01:09 PM IST

    India's largest rooftop solar tender to see record low tariffs

    In the last 500 MW rooftop solar tender by SECI, tariffs dropped to an all-time low of Rs 3 (US¢ 4.4)/kWh for special category states on the back of a significant capital subsidy.

  • Lanco posts Q2 net loss of Rs 258.31 cr Dec 09, 2016 09:34 PM IST

    Lanco posts Q2 net loss of Rs 258.31 cr

    Lanco Infratech today reported a consolidated net loss of Rs 258.31 crore for the quarter ended September 30, 2016.

  • Solar power tariff touches record low of Rs 3 a unit Nov 30, 2016 12:36 PM IST

    Solar power tariff touches record low of Rs 3 a unit

    According to statement Amplus won the bid under the 500 MW rooftop grid connected scheme in different states floated by SECI.

  • ReNew Power bags 49 MW under SECI‘s solar tender of 500 MW Nov 29, 2016 12:25 PM IST

    ReNew Power bags 49 MW under SECI‘s solar tender of 500 MW

    The tender is targeted towards institutional (schools, colleges, universities etc.) and residential sectors, aiming to promote rooftop solar setups in these sectors. Around 130 bidders participated in the bid out of which ReNew Power was allocated at a tenth of the entire bid capacity at approximately 49 MW.

  • Target revenue of Rs 100 cr from EPC projects soon: Surana Nov 29, 2016 11:53 AM IST

    Target revenue of Rs 100 cr from EPC projects soon: Surana

    Speaking to CNBC-TV18, Narender Surana said that the total EPC contract award is worth Rs 60.60 crore and for operations and maintenance works for ten years is Rs 4.75 crore which is more than 50 percent of FY16 revenues.

  • Poor response to TN's solar tender highlights state woes: Report Nov 29, 2016 10:14 AM IST

    Poor response to TN's solar tender highlights state woes: Report

    This tender has received limited interest and that too predominantly from smaller developers who have submitted 20 bids totaling just 116 MW. This tender follows an allocation of approximately 1,200 MW in early 2015 where a fixed tariff of INR 7.01/kWh (USD 0.10/kWh) was offered to developers, Bridge to India said.

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