Energy - Page 49

The wind power sector today enjoys incentives such as concessional excise and customs duties. If the GST rate is around 18 per cent, the additional tax incidence will be around 12 per

As loss-laden power distribution companies delay millions of dollars in payments for clean-energy capacity, India is looking to create a dedicated green energy trading platform in a bid to give the renewable

Tenders for solar projects worth 20,766 MW have been issued so far, out of which power purchase agreements have been signed for 8,482 MW, Parliament was informed. New and Renewable Energy Minister

India is planning to start extensive research on the use of solar power to bring about a "revolution" in this field, Environment Minister Anil Madhav Dave said . Dave told Lok Sabha

India and the US have agreed on a $30 million public-private five-year research initiative for a joint research on smart grid and energy storage technology. "Smart grid and storage technology will transform

The government is trying to add 4,000 to 5,000 MW of solar power to the grid in the next 18 months, according to Energy Minister D.K. Shivakumar. Speaking to reporters after a

An adequate monsoon this year has resulted in higher levels of hydro-power generation and utilities in at least five large power consuming states have switched from coal-fired electricity to cheaper hydel power.

State discoms will have to mandatorily draw at least 2.75% of their total power consumption from solar plants in the current fiscal, according to the renewable purchase obligation (RPO) norms laid down by the power ministry.

Bharat Heavy Electricals Limited (BHEL) has successfully commissioned the third unit of the 4×40 MW Teesta Low Dam Hydro Electric Project (HEP) Stage-IV in West Bengal. A run-of-the-river greenfield project located in