User: raghavan Topic: Energy
Category: Renewables
Last updated: Apr 20 2018 03:29 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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Power bills set to rise in Punjab, regulator clears about 2% hike in tariff 19.4.2018 General News
Electricity bills of consumers in Punjab are expected to inflate with the Punjab State Electricity Regulatory Commission today announcing an average power tariff hike of about 2 per cent across all categories for 2018-19. The Commission also decided to marginally increase fixed charges along with an increase of about 2 per cent over the existing energy charges. In the new tariff order released today, the commission assessed the Aggregate Revenue Requirement (ARR) of power utility PSPCL at Rs 32,486.63 crore for 2018-19. The consolidated deficit was pegged at Rs 668.91 crore, an official release said. To cover this gap, the existing tariff needs to be increased by 2.17 per cent, the release said. However, some relief in the fixed charges has been given to ARC Furnaces/PIU industrial category consumers and also rationalization in tariff of NRS consumers having load up to 20kW, has been done in view of the regulatory requirements to keep cross subsidy levels as per policy guidelines. The
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Cooler times await wind power equipment firms over Centre's backing 19.4.2018 Business Standard: News Now
With clarity on the wind energy auction pipeline and ratification of power purchase agreements (PPAs) helping improve their order book, renewable energy (RE) firms, especially wind power equipment makers, are attracting the attention of analysts and investors. The domestic market is on a growth path in the competitive bidding regime and there is higher demand for clean energy, now considered reliable, affordable and a mainstream source.Interestingly, even as the price is recovering, the internal rate of return (IRR) for RE producers is seeing downside pressure; yet, companies are positive. For instance, after seeing a decline, prices of wind power have started firming up since last month. While Adani Green Energy and KCT Renewable Energy have offered to supply electricity at Rs 2.85 a unit in their bids for 75 Mw each, the rates are seen crossing Rs 3-3.5 a unit in the coming months.Wind power rates had fallen below Rs 2.50 per kWh, with the lowest being Rs 2.43 in a 500 Mw reverse ..
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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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Lyft to offset emissions from rides with projects combating climate change 19.4.2018 General News
SAN FRANCISCO (Reuters) - Lyft Inc is launching a program on Thursday to offset emissions from the 1.4 million cars that drive for the U.S. ride-hailing service by investing in projects to reduce other sources of greenhouse gas, the company said.
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BSES discoms partner with TERI for power conservation, raise awareness among students 19.4.2018 General News
The BSES discoms in the national capital will collaborate with policy research organisation TERI to make efforts to bring down the city's power demand and raise awareness among around 90,000 schoolchildren, said a spokesperson for the company. Multiple agreements were signed by the BSES Yamuna Power Limited (BYPL) and the BSES Rajdhnai Power Limited (BRPL) with The Energy and Resources Institute (TERI) to deal with different aspects of energy conservation and demand side management (DSM), he said. The agreement with BRPL will see the launch of an innovative educational program (Energy Wise Energy Rise) for government schoolchildren. The program will educate, train and reach out to around 90,000 students in government schools. It will provide students with a unique platform to help them make sustainable choices, learn new concepts and share experiences on energy efficiency, sustainable energy and newer ways to mitigate environmental hazards. The two organisations have signed a two-year
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Company set up by Kochhar bros failed to repay Rs 30 crore loans 19.4.2018 Rediff: Business
Kochhar brothers stepped down from the board of Credential Finance by 2009. While Deepak Kochhar started NuPower Renewables, Rajiv set up Avista Advisory Group
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NASA's planet hunting probe TESS successfully launched 19.4.2018 DNA: Evolutions
NASA's latest planet hunting satellite was successfully launched today on the first-of-its-kind mission to find new worlds beyond our solar system and identify the ones that could support alien life.
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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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Aryabhata: All you need to know about India's first satellite launched by ISRO 19.4.2018 Zee News : Science and Technology
The Indian Space Research Organisation (ISRO) successfully launched its first satellite named Aryabhata into space on April 19, 1975. 
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NASA's planet hunting probe successfully launched 19.4.2018 General News
NASA's latest planet hunting satellite was successfully launched today on the first-of-its-kind mission to find new worlds beyond our solar system and identify the ones that could support alien life. The Transiting Exoplanet Survey Satellite (TESS), which is expected to find thousands of new exoplanets orbiting nearby stars, lifted off at 4:21 am IST today on a SpaceX Falcon 9 rocket from the Cape Canaveral Air Force Station in Florida. The twin solar arrays that will power the spacecraft were successfully deployed soon after. "We are thrilled TESS is on its way to help us discover worlds we have yet to imagine, worlds that could possibly be habitable, or harbour life," said Thomas Zurbuchen, associate administrator of NASA's Science Mission Directorate in Washington. "With missions like the James Webb Space Telescope to help us study the details of these planets, we are ever the closer to discovering whether we are alone in the universe," said Zurbuchen. Over the course of several ...
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Nike's vice president of footwear quits 19.4.2018 General News
(Reuters) - Nike Inc's vice president of footwear, Greg Thompson, has left the company, a company spokesman said on Wednesday, the latest in a string of executive departures at the sportswear maker.
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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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Credential Finance, set up by Kochhar bros, failed to repay Rs 300-mn loans 18.4.2018 Business Standard: News Now
Kochhar brothers stepped down from the board of Credential Finance by 2009. While Deepak Kochhar started NuPower Renewables, Rajiv set up Avista Advisory Group
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India, UK agree to develop new trading arrangements: Joint statement 18.4.2018 General News
India and the UK today agreed to develop new trading arrangements and reaffirmed the crucial role of rules-based multilateral trading system, said a joint statement of the two countries. Prime Minister Narendra Modi is currently visiting the United Kingdom (UK). The prime minister will also participate in the Commonwealth Heads of Government Meeting here from April 19-20. Modi and his counterpart Theresa May held wide-ranging discussions and underlined strategic partnership and growing convergence on regional as well as international issues. "The leaders agreed to forge a dynamic new India-UK Trade Partnership, to develop new trading arrangements as the UK assumes responsibility for its independent trade policy, facilitate investment in both directions and intensify collaboration on shared or complementary strengths," said the statement. The statement, issued during the visit of Modi, said that building on the recommendations of the recently-completed UK-India Joint Trade Review, the .
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Oil major Total pays $1.7 billion for French electricity retailer 18.4.2018 General News
PARIS (Reuters) - Oil company Total said it will buy a majority stake in French electricity retailer Direct Energie in a 1.4 billion euro ($1.73 billion) deal that beefs up its challenge to state-owned market leader EDF.
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