Tag: New and Renewable Energy Ministry

Wind capacity addition to depend on bidding plans by utilities: ICRA

The investment information and credit rating agency, ICRA, in its report informed that new wind power capacity addition, in the 12-18 month, would depend on bidding route and the subsequent PPA signing by the state-owned distribution utilities or Solar Energy Corporation of India Limited (SECI). The execution of the 1,000 MW wind power capacity awarded …

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April 25, 2017

India aims to add 6,000 MW wind energy capacity in FY 2017-18

The Indian Wind Turbine Manufacturing Association (IWTMA), in a report, stated that India will strive best to achieve around 6,000 megawatts (MW) of wind power capacity in the ongoing financial year, 2017-18. "The government's target, for the 2017-18, is 4,500 MW. We know that we have number of challenges in front of us, but we …

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April 14, 2017

Renewable energy may surpass thermal power in near future

What a positive start to end the financial year 2016-17 for the energy sector in India! Renewable energy is weaving a new growth story. With smooth yet giant steps, renewable energy is nearing to surpass the traditional source of power, thermal power in India, currently enjoying a dominant place in the power sector. As per …

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April 13, 2017