The REC trading for the month of January 2012, concluded yesterday. Keeping up with the trend last, the opening month of this year has posted strong gains in both price and volume. The total non-solar REC volume traded surged to 1,71,524 RECs, showcasing an impressive 53% growth over last month’s trading session. In total 1,71,524 [...]

The REC trading for the month of December concluded yesterday. The results of the trading session are hearting. Non-solar REC reached record trading volumes at IEX with the traded volume peaking at 1,05,942 RECs In total 1,11,621 RECs were sold. IEX extended their dominance in the REC trading market with 1,05,952 (95%) RECs traded while [...]

The Central Electricity Regulatory Commission(CERC) has announced the floor and forbearance prices to be used for solar/non-solar projects from the FY 2012-13 upto 2016-17. The prices set are shown in the table below Non Solar (Rs.) Solar (Rs.) Prices (2012-2017) Current % Reduction Prices (2012-2017) Current % Reduction Forbearance Price 3300 3900 15.38 13400 17000 [...]

India has finalized two of the eight missions under its National Action Plan on Climate Change (NAPCC). The missions are on solar energy and energy efficiency. National Solar Mission includes specific goals for increasing use of solar thermal technologies in urban areas, industry and commercial establishments. It sets a goal of increasing production of photovoltaics [...]

Electricity consumption by Indian railway is about 14 million units and it cost around Rs 6000 crore to the department. In order to reduce this huge cost and power for railway stations and running trains it has planned to set up its own wind and thermal power plant. It is already running a 10-Mw wind [...]

Indowind Energy Ltd is a Chennai-based wind energy company. The company has currently generated 7.59 MW wind power and has added 20.25 MW power in last financial year. It has again intended to generate 30 MW by investing Rs 100 crore. The company is in discussion with the Karnataka government for additional land to increase [...]

Chennai based Centre for Wind Energy Technology (C- WET) estimated the gross wind power potential in Orissa to be 1700 Mw, out of which about 800 Mw power generations is technically feasible and it has so far identified sites with 255 Mw potential. In this backdrop, the Orissa government is exploring new locations including coastal [...]

It is already known that the Thar Desert could be the country’s hub of solar and wind energy. The desert will also be the country’s hub of oil and natural gas. The place is identified to be rich in deposits of oil, gas, lignite coal, coal bed methane. With this new source of energy and [...]

National Thermal Power Corp (NTPC) has planned to increase its production capacity through a sustainable energy mix. For this, it is exploring the renewable energy sector. The firm has targeted to generate 3,300 MW power in the financial year 2009-10 which also includes power generation form renewable sources. In this backdrop, to fund its super-and [...]

July 2009 As the countdown to the Budget 2009 begins, it is vital that the Government revisits the extant policies and the fiscal framework in order for it to boost long-term investments and energy security of the country, says Gokul Chaudhri, Partner and Leader of the Energy and Infrastructure Practice at BMR Advisors in an [...]

Wednesday, July 1, 2009 Currently, about 3-4 per cent of total power generation capacity in the country comes from nuclear power produced by Nuclear Power Corporation of India Ltd (NPCIL) with an installed generation capacity of 4,120 Mw. The sole producer of nuclear power has aimed to increase the nuclear generation capacity to 20,000 Mw [...]

April 9th, 2009 It is really surprise to learn that the government is planning to replace rickshaws, a non polluting vehicle, with solar rickshaw to reduce carbon emission and providing loan for the same. The questions which the author of the article asks regarding this solar rickshaw are obvious The soleckshaw is about three times [...]

The Indian Department of Science and Technology (DST) and The Research Councils UK (RCUK) are in collaboration to develop Thin Film and Excitonic Solar Energy Technologies. Development of technologies relating to solar energy was agreed to be of importance to both countries. Source: www.epsrc.ac.uk

Siemens planned to expand its industrial steam turbine production in the state of Gujarat for approximately EUR 40 million and export it to Asian and African markets. The company is already producing turbines turbines with ratings up to 45 MW have to date been produced in Vadodara. In fiscal 2008, the company’s revenue was totaling [...]

According to United Nation, about seven out of every 10 households in rural India have no access to electricity and they use harmful energy sources like kerosene to meet their energy needs. These household are the potential market for renewable energy such as solar power but many of these households are poor and cannot afford [...]

17 June 2009 Investment, Innovation and Research Alliance(IIRA), a German technology based resource organization which facilitates and supports the education, research and innovation, under the cooperation project between the Institute of Machine Tools and Production Technology (IWF) and The Institute of Joining and Welding Technique (IFS) will launch of a project titled “Production technologies for [...]

20 Jun, 2009 Indian government is planning to open up coal mining to private sectors without restriction of captive use and expected to invest Rs 118,000 crore for increasing production to 1,061 million tonnes a year by 2025. An estimated Rs 95,000 crore investment in opencast mining and Rs 23,000 crore in underground mining will [...]

21 Jun 2009 Tamil Nadu has a potential to add another 1000 MW and as a part of it to improve the power infrastructure, it has requested the Centre for a subsidy of Rs 1,500 crore. Regarding building up solar thermal and offshore wind turbines, the state minister said, for generating 1 mw of hydro-electric [...]

20 Jun 2009 Government is keen on developing renewable energy sector in states having high renewable energy potential. The government has promised to provide all support for Tamil Nadu to set up windmills along the coastline for power generation. In order to encourage private investment in renewable energy sector, the ministry said, Center will soon [...]

19 Jun 2009 According to statistics provided by the Union Minister for New and Renewable Energy, total installed capacity of renewable power is 14,366 MW which is about nine per cent of the total installed power generation capacity. This comprises mainly of wind power of about 10,330 MW, small hydro power of about 2,450 MW [...]

June 17, 2009 Indian power ministry has visited Norway, to study their power exchange and power marketing system, integrated grid operation, and energy efficiency initiatives, with plan to set up power stock exchange in northeastern states which has the potential to generate 59,000 MW or about 40 percent of the country’s total hydropower potential. But [...]

TARGETS FOR 10TH FIVE YEAR PLAN (2002-2007) Wind Power – 1500 MWSmall Hydro Power – 600 MWBiomass Power/Co-generation/Gasification – 775 MWSolar PV Power – 5 MWSolar Thermal Power – 140 MWEnergy from Urban / Industrial waste – 80 MWTotal fund Required – US$3.43 Billion Budgetary Support by Government of India – US$ 0.20 BillionPrivate Sector [...]