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The Economic Times: Latest business, finance, markets, stocks, company news from India.



Last Build Date: Fri, 28 Apr 2017 13:50:25 GMT

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Ready to rectify lapses in Welspun's power plant in Uttar Pradesh: Centre

Fri, 28 Apr 2017 12:19:10 GMT

(image) ASG said the power purchase agreement was signed in 2010 and if EC is quashed after seven years significant efforts will be wasted in vain and the whole project would be affected significantly.



Wind power does better than anticipated by ICRA

Thu, 27 Apr 2017 17:50:50 GMT

(image) This in turn was the result of removal of generation based incentive (GBI) benefit and reduction in accelerated depreciation (AD) benefit with effect from April 1, 2017.



Punjab, Haryana to face shortfall of cheapest BBMB power in summers

Thu, 27 Apr 2017 17:27:06 GMT

(image) The BBMB is primarily an irrigation project and power is a by-product allocated supplied at around paise 33 per unit to beneficiary states.



Domestic Content Requirement Tenders are all but disappearing: Mercom India

Thu, 27 Apr 2017 10:10:03 GMT

(image) According to Mercom, domestic solar manufacturing capacity is almost 6 GW in a 10 GW market, however, Indian manufacturers managed to corner only about 10-15 per cent.



Solar installation to touch 10GW as module prices fall further: Mercom

Thu, 27 Apr 2017 10:07:28 GMT

(image) The Indian solar sector is seeing strong activity with cumulative installations reaching approximately 12.8 GW at the end of Q12017.



Commercial coal mining to lower power tariff: Coal Secretary

Thu, 27 Apr 2017 09:56:57 GMT

(image) India is in the process of throwing open commercial coal mining to private firms, with the aim of shifting the world's third-biggest coal importer towards energy self-sufficiency.



Gujarat power regulator’s decision forces wind power firms, discoms to make an unhappy truce

Tue, 25 Apr 2017 18:21:09 GMT

(image) Gujarat power regulator’s decision to make February auction’s all-time low winning bid as the base price could spell further troubles in the fledgling sector.



Kudankulam nuclear power plant is one of the safest in the world: Alexey Pimenov of ROSATOM

Tue, 25 Apr 2017 18:02:16 GMT

(image) ROSATOM, the Russian partner of the state-run NPCIL, has supplied reactors for the Kudankulam Nuclear Power Plant. It also has the responsibility of running the plant.



India's wind power capacity crosses 32 GW mark, says IWTMA

Tue, 25 Apr 2017 13:56:09 GMT

(image) According to the Central Electricity Authority's (CEA) monthly report for March 2017, the installed wind power generation capacity is around 28.7 GW, lower than the ITWMA estimates.



PM Modi permits surplus power sale to Pakistan: Amarinder Singh

Tue, 25 Apr 2017 11:49:20 GMT

(image) The chief minister had earlier sought Centre's sanction to supply power across border to curtail expenditure on fixed costs.



CII supports Amarinder Singh's lower power cost in Punjab

Tue, 25 Apr 2017 11:27:16 GMT

(image) "Lower power tariff is a good step to entice investment and support existing industry in Punjab where cheaper power rather than its availability is an issue," Sumant Sinha told ET.



SC ruling on power tariffs to hit imported coal-based power generators

Mon, 24 Apr 2017 19:43:14 GMT

(image) SC recently squashed the appellate tribunal's ruling allowing Tata Power and Adani Power to raise electricity tariffs in tandem with increased input costs.



Vestas to increase Ahmadabad plant's capacity to 600 MW

Mon, 24 Apr 2017 13:39:43 GMT

(image) Variawa said he expects a lot of wind power generation capacity addition in the country especially after the recent drop in tariff to new low of Rs 3.46 per unit in an auction conducted by Solar Energy Corporation of India last fiscal.



Tata Cleantech Capital eyes Rs 5,500 cr asset book by FY19

Sun, 23 Apr 2017 09:35:36 GMT

(image) TCCL, a joint venture between Tata Capital and International Finance Corporation, currently has an asset/loan book size of Rs 2,400 crore.



Govt to auction wind projects of 4 GW capacity in FY18

Fri, 21 Apr 2017 19:20:14 GMT

(image) The government plans to auction wind power projects of about 4 gigawatt (GW) capacity in tranches this year, a senior official said on Friday.