Indian Power Sector News

Flipkart-Walmart Deal A Blow To 'Make In India' Campaign: CPM - NDTV

Thu, 10/05/2018 - 11:55pm

NDTV

Flipkart-Walmart Deal A Blow To 'Make In India' Campaign: CPM
NDTV
"The $16 billion acquisition by international e-commerce retail giant Walmart of Indian e-retail Flipkart facilitates the backdoor entry of foreign capital to take over India's huge multi-crore retail trade sector," said the CPM Politburo in a ...

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Pokhran tests: 20 years on, here's how India became a legitimate nuclear power - Hindustan Times

Thu, 10/05/2018 - 11:51pm

Hindustan Times

Pokhran tests: 20 years on, here's how India became a legitimate nuclear power
Hindustan Times
The list included not only the facilities of the Department of Atomic Energy (DAE) and the Defence Research and Development Organisation (DRDO), and entities of Department of Space, but also a clutch of private sector firms that had worked for them.
Test and effectThe Indian Express

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Siemens eyes stressed assets space in India - Livemint

Thu, 10/05/2018 - 11:34pm

Livemint

Siemens eyes stressed assets space in India
Livemint
Mumbai: Siemens Ltd, the Indian arm of global engineering giant Siemens AG, is keen on tapping the business opportunity created by stressed assets in the country's banking system, a senior company executive said. ... The MindSphere Application Centers ...

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Bangladesh Plans To Buy 2 Gigawatts Of Solar From India - CleanTechnica

Thu, 10/05/2018 - 10:41pm

CleanTechnica

Bangladesh Plans To Buy 2 Gigawatts Of Solar From India
CleanTechnica
The Government plans to add 1,740 MW of solar power and 1,370 MW of wind energy capacity by 2021, with the remaining balance to be largely made up of biomass-based power generation technologies. Less than 10 MW each will be added through biogas ...

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Relief for Indian solar producers as government reneges on import duty - Economic Times

Thu, 10/05/2018 - 10:02pm

Economic Times

Relief for Indian solar producers as government reneges on import duty
Economic Times
Several consignments of solar modules, worth more than $150 million in total, were held up for more than three months at ports after Indian customs' officials in August demanded that some of them be classified as "electric motors and generators ...

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Can clean energy hurt the environment? A proposed Indian offshore wind power project poses a paradox - Scroll.in

Thu, 10/05/2018 - 9:51pm

Scroll.in

Can clean energy hurt the environment? A proposed Indian offshore wind power project poses a paradox
Scroll.in
With this move, the government's target is to develop the offshore wind power sector in India and replicate the success of the on-shore wind power sector. The tariff for the on-shore wind power sector has already touched a record low of Rs 2.43 per ...

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Flipkart acquisition by Walmart a blow to 'Make in India' campaign, says CPI-M - Financial Express

Thu, 10/05/2018 - 8:45pm

Financial Express

Flipkart acquisition by Walmart a blow to 'Make in India' campaign, says CPI-M
Financial Express
“The $16 billion acquisition by international e-commerce retail giant Walmart of Indian e-retail Flipkart facilitates the backdoor entry of foreign capital to take over India's huge multi-crore retail trade sector,” said the CPM Politburo in a ...
Flipkart-Walmart Deal A Blow To 'Make In India' Campaign: CPMNDTV
Walmart to Comply With Tax Rule on India Flipkart Deal, CEO SaysBloombergQuint

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India's largest renewable power company is set to go public - Quartz

Thu, 10/05/2018 - 10:15am

Quartz

India's largest renewable power company is set to go public
Quartz
The first initial public offering (IPO) in India from the booming renewable energy sector is here. ReNew Power, India's largest renewable energy producer, is looking to raise Rs2,600 crore ($390 million) through its first public share sale. The move ...

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Land continues to remain a major concern for infra, energy sector in India - Business Standard

Thu, 10/05/2018 - 7:05am

Business Standard

Land continues to remain a major concern for infra, energy sector in India
Business Standard
While fresh investments in thermal power have come to a standstill, those investing in solar energy are also feeling the pinch. "Land acquisition is a challenging process, except for the solar park (where government does the acquisition). In India, it ...

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Think Solar Is Upending California's Power Grid Now? Just Wait - BloombergQuint

Thu, 10/05/2018 - 3:58am

BloombergQuint

Think Solar Is Upending California's Power Grid Now? Just Wait
BloombergQuint
“When greenhouse gases are really being emitted by California's power sector is after the sun goes down -- but this mandate will do little to help,” said Colleen Regan, an analyst for Bloomberg New Energy Finance. “Other large-scale renewable ...
California to become first US state mandating solar on new homesOCRegister
California Will Require Solar Power for New HomesNew York Times
California Becomes First State to Order Solar on New HomesBloomberg
State of California
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Cheap solar and wind energy prices are killing India's coal power ... - Quartz

Wed, 09/05/2018 - 9:47am

Quartz

Cheap solar and wind energy prices are killing India's coal power ...
Quartz
Renewable energy prices in India are crashing, leaving coal-based power plants in the country financially unviable in their wake. Over the last year, wind and ...

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Power Ministry, RBI meet postponed - The New Indian Express

Wed, 09/05/2018 - 7:05am

Quartz

Power Ministry, RBI meet postponed
The New Indian Express
The meeting was expected to see the RBI and the government try to resolve differences on how to go about resolving the bad loans issue, with the power sector right in the eye of the storm. The RBI had come out with 'Resolution of Stressed Assets ...
Cheap solar and wind energy prices are killing India's coal power ...Quartz

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QBiz: Indian Oil Keeps Fuel Prices on Hold; ICICI Shares Surge - The Quint

Wed, 09/05/2018 - 7:00am

The Quint

QBiz: Indian Oil Keeps Fuel Prices on Hold; ICICI Shares Surge
The Quint
India's power sector is one of the largest contributors of stressed assets plaguing the financial system. Stressed power projects hold nearly Rs 1.8 lakh crore in loans, which are yet to be classified as bad loans. Bankers fear that unless some ...

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All you need to know about Shakti Sthala – the world's biggest solar park - Qrius

Wed, 09/05/2018 - 4:04am

Qrius

All you need to know about Shakti Sthala – the world's biggest solar park
Qrius
The Los Angeles Times reported that India overtook Japan in 2017, and became the world's third biggest market for solar power, behind China and the US. Tim Buckley, director of energy finance studies at the Institute for Energy Economics and Financial ...
Renewable Energy Jobs Reach 10.3 Million Worldwide in 2017 - IRENAIRENA
Renewable Energy and Jobs - Annual Review 2018 - IRENAIRENA

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Renewable power sector employs over one crore people globally; Solar leads the clean energy drive - Times of India

Tue, 08/05/2018 - 10:12pm

Times of India

Renewable power sector employs over one crore people globally; Solar leads the clean energy drive
Times of India
Biofuels, hydro-power (both small and large) and wind are the other three segments in the RE sector which employ maximum number of people across the globe. With China and India moving fast towards solar and wind, 60% of all renewable energy jobs are ...
Renewable Energy Jobs Reach 10.3 Million Worldwide in 2017 - IRENAIRENA
Renewable Energy and Jobs - Annual Review 2018 - IRENAIRENA

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Renewable power sector employs over one crore people globally; Solar leads the clean energy drive - Economic Times

Tue, 08/05/2018 - 10:12pm

Economic Times

Renewable power sector employs over one crore people globally; Solar leads the clean energy drive
Economic Times
Biofuels, hydro-power (both small and large) and wind are the other three segments in the RE sector which employ maximum number of people across the globe. With China and India moving fast towards solar and wind, 60% of all renewable energy jobs are ...
All you need to know about Shakti Sthala – the world's biggest solar parkQrius
Renewable Energy Jobs Reach 10.3 Million Worldwide in 2017 - IRENAIRENA
Renewable Energy and Jobs - Annual Review 2018 - IRENAIRENA

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RBI Not In Favour Of Forbearance For Stressed Power Assets, Says Power Secretary - BloombergQuint

Tue, 08/05/2018 - 2:59pm

BloombergQuint

RBI Not In Favour Of Forbearance For Stressed Power Assets, Says Power Secretary
BloombergQuint
The Reserve Bank of India is not in favour of giving any special forbearance for stressed power projects, Power Secretary Ajay Kumar Bhalla said. The regulator rarely makes allowances for specific sectors and that priniciple will extend to the power ...

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RBI Denies Forbearance For Stressed Power Assets - BloombergQuint

Tue, 08/05/2018 - 2:45pm

BloombergQuint

RBI Denies Forbearance For Stressed Power Assets
BloombergQuint
The Reserve Bank of India has denied any forbearance to stressed accounts in the power sector, in a move that could push many of these towards bankruptcy, according to Power Secretary Ajay Kumar Bhalla. The banking regulator has put the ball in the ...

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A stressed power sector is threatening India's economy, but its banks have a solution - Business Insider India

Tue, 08/05/2018 - 1:41pm

Business Insider India

A stressed power sector is threatening India's economy, but its banks have a solution
Business Insider India
There are currently 34 stressed power plants that have been identified by the government. These assets account for over 40,000 megawatts of power generation - a lot of electricity for Indian homes and businesses - and a staggering ₹1.74 trillion in ...

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Karnataka Elections 2018: Can Siddaramaiah Break A 30-Year Trend? - BloombergQuint

Tue, 08/05/2018 - 11:47am

The Quint

Karnataka Elections 2018: Can Siddaramaiah Break A 30-Year Trend?
BloombergQuint
India's power sector is one of the largest contributors of stressed assets plaguing the financial system. Stressed power projects hold nearly 1.8 lakh crore in loans while bankers fear that unless some collective resolution plan is worked out, the ...
India Will Have to Rework Ties With Iran Post Nuclear Deal FalloutThe Quint

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