User: sumerenergy Topic: Infra Power Energy
Category: Infra Power Energy
Last updated: Apr 20 2018 03:38 IST RSS 2.0
 
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MRPL commissions solar power project, largest on any refinery site 20.4.2018 Hindu: Mangalore
Mangalore Refinery and Petrochemicals Ltd., (MRPL) has clocked a major milestone by commissioning 6.063 MWp solar power project on its premises, the l
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Global growth showing solid momentum: WB chief 19.4.2018 General News
With global growth showing solid momentum, the challenge is to make it inclusive, World Bank chief Jim Yong Kim said today. "The challenge now is to ensure that strong growth will translate into inclusive growth, so that the benefits of global economic integration are enjoyed by all members of society," Kim said at the start of the annual spring meeting of the International Monetary Fund and the World Bank. "The global economy is showing solid momentum. We're expecting global growth to edge up to 3.1 per cent in 2018 its strongest performance since 2011 as the recovery in investment, manufacturing, and trade continues, and as commodity-exporting developing economies benefit from firming commodity prices," Kim said here. Kim said this period of robust growth is a great opportunity to invest in human and physical capital. Filling infrastructure gaps, improving education and health outcomes, and increasing female labour force participation could continue to drive growth. If policy ...
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NTPC to back down thermal power at some of its units for more renewables 19.4.2018 Business Standard: News Now
The move is in line with the Centre's proposal to introduce flexibility in generation scheduling. It provides flexibility for substituting thermal by renewable power
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Siemens Gamesa bags multiple wind power orders of 140 MW 19.4.2018 General News
Siemens Gamesa Renewable Energy today said it has bagged multiple wind power orders totalling 140 MW from a leading independent power producer and many industrial customers in the country. "Specifically, the company will handle the entire infrastructure needed to operate these projects (with installed capacity ranging between 2 MW and 58 MW), together with the supply, erection and commissioning of 41 units of the G97-2.0 MW turbines and 29 of the SG 2.0-114 for various industrial customers and a leading IPP in India," the company said in a statement. Set for commissioning by June this year across several sites in the country, most of these orders have been placed by different industrial customers, such as textile, auto parts and pharmaceutical companies, who want to move their supply to renewable sources. "We are witnessing encouragingly growing interest from industrial customers who are becoming a sizable number in our order portfolio. These orders show a positive sign of ...
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BSES, TERI tie-up on energy efficiency, student awareness 19.4.2018 Education
Delhi power distribution company (Discom) BSES on Thursday announced that it has signed separate agreements with The Energy and Resources Institute (TERI) to deal with different aspects of energy conservation and conduct research on Demand Side Management (DSM).
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Reliance Infra debuts in railway space, bags EPC contract 19.4.2018 Sify Finance
Reliance Infrastructure Limited EPC has received the Letter of Award (LOA) from Rail Vikas Nigam Limited (RVNL) for its maiden railway project worth Rs 774 crore for the construction of third rail line between Jimidipeta and Gotlam on East Coast Railway on Engineering, Procurement and Construction (EPC) basis, the company said on Thursday.
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Reliance Infra debuts in railway space, bags EPC contract 19.4.2018 General News
Reliance Infrastructure Limited EPC has received the Letter of Award (LOA) from Rail Vikas Nigam Limited (RVNL) for its maiden railway project worth Rs 774 crore for the construction of third rail line between Jimidipeta and Gotlam on East Coast Railway on Engineering, Procurement and Construction (EPC) basis, the company said on Thursday.
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Corrected: India, UK governments invest in $711 million Indian renewable energy fund 18.4.2018 General News
LONDON (Reuters) - Lightsource BP and Indian private equity fund Everstone Group announced on Wednesday the creation of a 500 million pound ($711 million) fund to invest in renewable energy and clean technology in India.
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India, UK governments invest in $711 million Indian renewable energy fund 18.4.2018 General News
LONDON (Reuters) - Lightsource BP and Indian private equity fund Everstone Group announced on Wednesday the creation of a 500 million pound ($711 million) fund to invest in renewable energy and clean technology in India.
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Everstone, Lightsource to manage India-focused green infra funds 18.4.2018 General News
Investment firm Everstone Group has joined hands with Lightsource BP to jointly manage India-focused green infrastructure funds. Lightsource is into funding, development, acquisition and long-term management of solar PV projects. Both companies have teamed-up to create 'EverSource Capital', a fund management platform for green energy infrastructure in the country, a release said today. The entity will jointly manage "funds targeting contracted power, distribution infrastructure and energy services in India," it noted. According to the release, the fund, to be called 'Green Growth Equity Fund (GGEF), will target to raise 500 million pounds. GGEF is being set up as an Alternative Investment Fund (AIF) under Sebi regulations. "Today, the United Kingdom Government and the India's National Investment and Infrastructure Fund (NIIF) have announced an agreement to become joint anchor investors in GGEF. "The UK government and NIIF will each co-anchor GGEF, with a commitment of 120 million ...
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India, UK governments invest in $711 million Indian renewable energy fund 18.4.2018 Reuters: Money News
LONDON (Reuters) - Lightsource BP and Indian private equity fund Everstone Group announced on Wednesday the creation of a 500 million pound ($711 million) fund to invest in renewable energy and clean technology in India.
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Wind power capacity addition to improve to 3 GW this fiscal: ICRA 18.4.2018 General News
ICRA Ratings today said the wind power capacity addition will improve to 3 GW this fiscal, backed by project awards by Solar Energy Corporation of India (SECI) and state utilities. "The capacity addition in the wind power sector is expected to improve to about 3 GW in FY2019, backed by the project awards by the SECI and state distribution utilities since February 2017," said Sabyasachi Majumdar, Senior Vice President & Group Head, ICRA Ratings in a statement. Majumdar further said the SECI and the distribution utilities in Gujarat, Maharashtra and Tamil Nadu have issued bids for wind-power capacity of 7.5 GW over the past 14 months. This capacity is expected to be commissioned over the next 6-18 months, which would support capacity addition in FY2019 and FY2020. The Ministry of New and Renewable Energy (MNRE) announced the trajectory for award of wind power projects through competitive bidding to achieve the cumulative wind capacity target of 60 GW by FY2022. In line with this ...
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UK-India Joint Statement during the visit of Prime Minister to UK (April 18, 2018) 18.4.2018 Govt of india: PIB
At the invitation of Prime Minister Theresa May, the Prime Minister of India, Mr Narendra Modi visited the United Kingdom (UK) as a Guest of Government on 18 April 2018. The two leaders held wide-ranging and constructive discussions and underlined our strategic partnership and growing convergence on regional and international issues.
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Essel Infra to expand footprint in green energy 18.4.2018 General News
Essel Infra is committed towards expanding its foot-print in the green energy sector, a senior company official said. Essel Infra's 11.5MW waste-to-energy plant in Jabalpur has been rated as the second best project in integrated Municipal Solid Waste-to-Energy category across India by the Housing and Urban Affairs ministry, a company statement said. Commissioned in May 2016, the plant generates 11.5 mw energy by recycling 600 tonnes of municipal solid waste per day and reducing over 37,000 tonnes of carbon emission for Jabalpur annually. * * * * * * APM Terminals launches cold storage facility in Chennai * APM Terminals, which is also known as Gateway Terminals India (GTI), today inaugurated a cold storage warehouse in Chennai. "The facility will ensure reliable and stable transport of cargo, including goods such as fish, fruits, medicines, and speciality chemicals, which require strict temperature control throughout the supply chain," APM Terminals Mumbai said in a ...
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'Banks to recover 48% from NPA accounts in RBI list' 18.4.2018 Rediff: Business
The haircut for major banks stands at 52 per cent, if the dues of Jaypee Infrastructure, Lanco Infrastructure and Era Infrastructure are kept out of the calculation.
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Samurai Loans: Why Indian infrastructure needs them(Column: Behind Infra Lines) 18.4.2018 All News-IANS Stories
News that Reliance Jio has raised 53.5 billion Japanese yen (approximately Rs 3,251 crore) in Samurai loans is proof that as the telecom sector in India evolves, not only is Reliance Jio pushing for changes on how businesses are run, but it is also innovating on the capital structure front. There are important takeaways for the infrastructure sector from this Samurai loan.
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PM arrives in London to attend CHOGM meeting 18.4.2018 Central Chronicle
London, Prime Minister Narendra Modi has arrived here to attend the Commonwealth Heads of Government... more »
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US energy majors want govt to give them larger access to Indian markets 18.4.2018 Business Standard: News Now
US Energy Secretary, Rick Perry offered no signs of having nudged investment by American companies in India's oil and gas exploration blocks
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Rajasthan aims 3,780 mw solar capacity by April next 18.4.2018 General News
With 20 projects of 1,500 MW capacity in pipeline, Rajasthan is targeting to increase its solar power generation to 3,780 MW by April next year in order to achieve the goal of 7,000 MW clean energy capacity in the next four years. The current solar power generation is contributing 10 per cent to the total power consumption in the state and we are targeting to increase it to 17 per cent by 2021, Rajasthan Renewable Energy Corporation Managing Director B K Doshi told PTI. He said that solar power installation capacity in the state has reached to 2,280 MW by March this year and 20 projects of total 1500 MW are under pipeline and will be commissioned and start generating power by April next year. Work on various projects is in full swing. The second phase of Bhadla solar park near Jodhpur has been commissioned (680 MW) and its third phase (1000 MW) is under progress. Of the 1000 MW capacity under the third phase of Bhadla park, 500 MW will be commissioned in September this year and 500 MW
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Lucky for some: Chinese city launches wind power lottery to ease grid strains 18.4.2018 General News
SHANGHAI (Reuters) - The city of Yanan, a major wind power base in northwest China's Shaanxi province, has introduced a lottery system to decide which wind projects will go ahead this year, a sign that grid constraints are forcing local governments to restrict capacity.
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