<?xml version='1.0' encoding='UTF-8'?><?xml-stylesheet href="http://www.blogger.com/styles/atom.css" type="text/css"?><feed xmlns='http://www.w3.org/2005/Atom' xmlns:openSearch='http://a9.com/-/spec/opensearchrss/1.0/' xmlns:blogger='http://schemas.google.com/blogger/2008' xmlns:georss='http://www.georss.org/georss' xmlns:gd="http://schemas.google.com/g/2005" xmlns:thr='http://purl.org/syndication/thread/1.0'><id>tag:blogger.com,1999:blog-7957523547905860296</id><updated>2026-03-31T03:10:45.131+05:30</updated><category term="News"/><category term="Renewables"/><category term="Solar"/><category term="Finance"/><category term="Projects"/><category term="Policy"/><category term="Wind"/><category term="Coal"/><category term="Thermal"/><category term="NTPC"/><category term="Distribution"/><category term="Transmission"/><category term="Power sector"/><category term="Coal Ministry"/><category term="Hydro"/><category term="Tata Power"/><category term="CIL"/><category term="analysis"/><category 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Green Power"/><category term="PCB Clearance"/><category term="PCMC"/><category term="PEDA"/><category term="PFS"/><category term="POSOCO"/><category term="PSDF"/><category term="PV Insider"/><category term="Pakistan"/><category term="Pakistant"/><category term="Pan Global Corp"/><category term="Pennar Industries"/><category term="Per Capita Consumption"/><category term="Photon Energy"/><category term="Piramal Group"/><category term="Platina Energy"/><category term="Poland"/><category term="Pow"/><category term="Power Engineers Federation"/><category term="Powerica"/><category term="Private Equity"/><category term="Puducherry"/><category term="Quatar"/><category term="RERC"/><category term="RMC"/><category term="RPG"/><category term="RRVUNL"/><category term="RUVNL"/><category term="RWE Innogy"/><category term="RWE Power"/><category term="Ramky"/><category term="Ramoji Group"/><category term="Raymond"/><category term="ReNew Power Ventures"/><category term="Regen Powertech"/><category term="Reliance Capital"/><category term="Reliance Industries"/><category term="Reliance Power Transmission"/><category term="Reserve Bank of India"/><category term="Ri"/><category term="Rifex Energy"/><category term="Rnewable Energy Corporation"/><category term="Royal DSM"/><category term="Rural Electrification Corporation"/><category term="SEBI"/><category term="SEIA"/><category term="SMA Solar"/><category term="SNDL"/><category term="SUEK"/><category term="Sahara Power"/><category term="SaiSudhir Energy Limited"/><category term="Samsung"/><category term="Sanofi"/><category term="Sarguja UMPP"/><category term="Schneider"/><category term="Senvion"/><category term="Shri Infratech"/><category term="Shriram EPC"/><category term="Shriram Transport"/><category term="Sical Logistics"/><category term="Siemens"/><category term="Sikkim"/><category term="Simplex"/><category term="Sinovel"/><category term="Small Wind Hybrid"/><category term="Solaire Direct"/><category term="Solar Industries"/><category term="Solar Thermal"/><category term="Solarsis"/><category term="South Africa"/><category term="South Korea"/><category term="Sri Lanka"/><category term="Standard &amp; Poor&#39;s"/><category term="Standard Chartered"/><category term="Stemcor"/><category term="Subansari Hydro project"/><category term="Sunergy"/><category term="Sungrow"/><category term="Supreme Court"/><category term="Swan Energy"/><category term="TAQA"/><category term="TD Power"/><category term="TEEWA"/><category term="TPG Growth"/><category term="TPREL"/><category term="TUV"/><category term="Talma Chemical"/><category term="Tata Capital"/><category term="Tata Power Solar"/><category term="Technical Associates"/><category term="Telangana"/><category term="Tidal"/><category term="Toshiba JSW"/><category term="Trojan Battery"/><category term="UGVCL"/><category term="UI Charges"/><category term="UPCL"/><category term="United Arab Emirates"/><category term="United Kingdom"/><category term="Usher Agro"/><category term="Valecha Engineering"/><category term="Venture Capital"/><category term="Viaton Energy"/><category term="Vijai Electricals"/><category term="W2E"/><category term="WBERC"/><category term="WBPDCL"/><category term="WBSETCL"/><category term="WIPPA"/><category term="WRLDC"/><category term="Wall Street Journal"/><category term="Websol Energy"/><category term="WinWind"/><category term="Wipro"/><category term="Wireless"/><category term="Workshop"/><category term="Zambia"/><category term="Zayed Future Energy Price"/><category term="wes"/><title type='text'>Indian Power Sphere</title><subtitle type='html'>Empowering the Indian Power Sector with News, Insights, Publications &amp;amp; Other resources...</subtitle><link rel='http://schemas.google.com/g/2005#feed' type='application/atom+xml' href='http://powerind.blogspot.com/feeds/posts/default'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/-/Renewables'/><link rel='alternate' type='text/html' href='http://powerind.blogspot.com/search/label/Renewables'/><link rel='hub' href='http://pubsubhubbub.appspot.com/'/><link rel='next' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/-/Renewables/-/Renewables?start-index=26&amp;max-results=25'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/02062818443006094580</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><generator version='7.00' uri='http://www.blogger.com'>Blogger</generator><openSearch:totalResults>568</openSearch:totalResults><openSearch:startIndex>1</openSearch:startIndex><openSearch:itemsPerPage>25</openSearch:itemsPerPage><entry><id>tag:blogger.com,1999:blog-7957523547905860296.post-3128157658864030415</id><published>2015-07-03T12:49:00.001+05:30</published><updated>2015-07-03T12:49:40.860+05:30</updated><category scheme="http://www.blogger.com/atom/ns#" term="CERC"/><category scheme="http://www.blogger.com/atom/ns#" term="Regulatory"/><category scheme="http://www.blogger.com/atom/ns#" term="Renewables"/><category scheme="http://www.blogger.com/atom/ns#" term="Solar"/><category scheme="http://www.blogger.com/atom/ns#" term="Wind"/><title type='text'>CERC has proposed new norms for forecasting, scheduling and imbalance handling of renewable power…</title><content type='html'>&lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgscSb1z51RtVJUVJ4W_ryPl6AQnP8_4YVn9bGEtlxEqzLGOcFd1ZOirWI_RErTv6EE4vBlFzph86J4T9-DdEOJOVB6fX8uSlTND2lFMa8toccZ2huijc_2D-a9quJm3x9McU69PsK6kQ/s1600-h/image%25255B3%25255D.png&quot;&gt;&lt;img title=&quot;image&quot; style=&quot;border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; float: left; padding-top: 0px; padding-left: 0px; margin: 0px 5px 0px 0px; border-left: 0px; display: inline; padding-right: 0px&quot; border=&quot;0&quot; alt=&quot;image&quot; align=&quot;left&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiyhHGSvaLukmhhyphenhyphen8wjuBalEjxAzCLcwH0es91zbwnuHw26Scpxh5H1ZRqSMoll6J3FWbOAtnfDbLllFIaJxwt2z0SuUq_VREBhJkZ-TwhfDmZ0Ob5Q-bpGs12sMzC9fdI7SrvDAqOQGA/?imgmax=800&quot; width=&quot;236&quot; height=&quot;244&quot;&gt;&lt;/a&gt;&lt;/p&gt; &lt;p&gt;The new regulations for scheduling solar and wind power for transmission through the grid could escalate prices.&lt;/p&gt; &lt;p&gt;If the power generator deviates from its schedule and under supplies, it would be liable for a penalty. The penalty amount, which would be calculated as per unit energy shortfall, will go in a pool - Renewable Regulatory Fund (RRF). The amount from this fund would be shared among all the states buying from that power plant in the ratio of their peak demand during the previous month. States defaulting on buying renewable power as prescribed under their renewable purchase obligation (RPO), too, would have to pay a penalty.&lt;/p&gt; &lt;p&gt;The Central Electricity Regulatory Commission (CERC) has proposed norms for forecasting, scheduling and imbalance handling of renewable power. It says that the power generator would be paid for the energy supplied to the grid and not the capacity tied up.&lt;/p&gt; &lt;p&gt;The wind or solar power generator would have to use tools to forecast power generation from its plant and then schedule power sale accordingly in the grid.&lt;/p&gt; &lt;p&gt;&quot;Renewable Energy Management Centres (REMCs) are being established and these would be equipped with advanced forecasting tools... the buyer would be paying tariff for the energy scheduled to the wind/solar energy generators,&quot; said the draft regulations. The scheduling would be done by regional load despatch centres (RLDCs).&lt;/p&gt; &lt;p&gt;The industry finds the proposal not in sync with the government&#39;s target to add 1.75 gW of renewable power by 2022.&lt;/p&gt;  &lt;p&gt;&lt;a href=&quot;http://www.business-standard.com/article/economy-policy/new-rules-availability-based-rate-for-renewable-power-115070300015_1.html&quot;&gt;Source&lt;/a&gt;&lt;/p&gt;  </content><link rel='replies' type='application/atom+xml' href='http://powerind.blogspot.com/feeds/3128157658864030415/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://powerind.blogspot.com/2015/07/cerc-has-proposed-new-norms-for.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/3128157658864030415'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/3128157658864030415'/><link rel='alternate' type='text/html' href='http://powerind.blogspot.com/2015/07/cerc-has-proposed-new-norms-for.html' title='CERC has proposed new norms for forecasting, scheduling and imbalance handling of renewable power…'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/02062818443006094580</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiyhHGSvaLukmhhyphenhyphen8wjuBalEjxAzCLcwH0es91zbwnuHw26Scpxh5H1ZRqSMoll6J3FWbOAtnfDbLllFIaJxwt2z0SuUq_VREBhJkZ-TwhfDmZ0Ob5Q-bpGs12sMzC9fdI7SrvDAqOQGA/s72-c?imgmax=800" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-7957523547905860296.post-8896596738822478655</id><published>2015-02-26T22:03:00.001+05:30</published><updated>2015-02-26T22:03:00.461+05:30</updated><category scheme="http://www.blogger.com/atom/ns#" term="Andhra Pradesh"/><category scheme="http://www.blogger.com/atom/ns#" term="Mytrah"/><category scheme="http://www.blogger.com/atom/ns#" term="Renewables"/><category scheme="http://www.blogger.com/atom/ns#" term="Wind"/><title type='text'>Mytrah Energy bagged 220 MW Wind Project from Andhra Pradesh Government</title><content type='html'>&lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;img title=&quot;image&quot; style=&quot;border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; float: left; padding-top: 0px; padding-left: 0px; margin: 0px 5px 0px 0px; border-left: 0px; display: inline; padding-right: 0px&quot; border=&quot;0&quot; alt=&quot;image&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh4u-1sAjvo1rFtrHkZL40q0mvQYNC6zb3hq4GBFqQiIzYOO9kHy8GXO5biNnmGAM1jwefvqEghYP8skb9USEqVpj3a1mxOFcC5U8V9D9Zlfr5WUfTwudxrtd45RG3gSR6FI_MckIHHiQ/?imgmax=800&quot; width=&quot;240&quot; align=&quot;left&quot; height=&quot;192&quot;&gt;&lt;/p&gt; &lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;Mytrah Energy has bagged a 220 MW wind power project from the Andhra Pradesh government. &lt;/p&gt; &lt;p&gt;The project will be installed in Kurnool district and is expected to be commissioned within next 18 months.&amp;nbsp; &lt;/p&gt; &lt;p&gt;Mytrah has built an operating portfolio of 543 MW across seven wind rich states in a span of four years.&lt;/p&gt; &lt;p&gt;According to company, it has 300 MW under construction and 3,500 MW of identified projects in the pipeline. &lt;/p&gt; &lt;p&gt;&lt;a href=&quot;http://economictimes.indiatimes.com/industry/energy/power/mytrah-bags-220-mw-wind-power-project-from-andhra-pradesh-government/articleshow/46384262.cms&quot; target=&quot;_blank&quot;&gt;Source&lt;/a&gt;&lt;/p&gt;  </content><link rel='replies' type='application/atom+xml' href='http://powerind.blogspot.com/feeds/8896596738822478655/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://powerind.blogspot.com/2015/02/mytrah-energy-bagged-220-mw-wind.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/8896596738822478655'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/8896596738822478655'/><link rel='alternate' type='text/html' href='http://powerind.blogspot.com/2015/02/mytrah-energy-bagged-220-mw-wind.html' title='Mytrah Energy bagged 220 MW Wind Project from Andhra Pradesh Government'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/02062818443006094580</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh4u-1sAjvo1rFtrHkZL40q0mvQYNC6zb3hq4GBFqQiIzYOO9kHy8GXO5biNnmGAM1jwefvqEghYP8skb9USEqVpj3a1mxOFcC5U8V9D9Zlfr5WUfTwudxrtd45RG3gSR6FI_MckIHHiQ/s72-c?imgmax=800" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-7957523547905860296.post-2885334472719578989</id><published>2015-02-26T21:57:00.001+05:30</published><updated>2015-02-26T21:57:14.796+05:30</updated><category scheme="http://www.blogger.com/atom/ns#" term="Finance"/><category scheme="http://www.blogger.com/atom/ns#" term="PGCIL"/><category scheme="http://www.blogger.com/atom/ns#" term="Renewables"/><category scheme="http://www.blogger.com/atom/ns#" term="Solar"/><category scheme="http://www.blogger.com/atom/ns#" term="Transmission"/><category scheme="http://www.blogger.com/atom/ns#" term="World Bank"/><title type='text'>PGCIL seeks USD 500 Mn loan from World Bank to finance transmission projects for evacuation of Solar Power</title><content type='html'>&lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;img title=&quot;image&quot; style=&quot;border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; float: left; padding-top: 0px; padding-left: 0px; margin: 0px 5px 0px 0px; border-left: 0px; display: inline; padding-right: 0px&quot; border=&quot;0&quot; alt=&quot;image&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEguKZbSYIv-RVgTUasI-xVQ3CBs-Dq5yKuScoD7ztR2p52CqaZzMYwAiMu3JYwa0cPMHHwKe0etN_bYwiHhRdMUihh_9hi_8h0ifvuFUbcL-F8i6-SpgPmrVAiY602JS34v7sxgwjflrA/?imgmax=800&quot; width=&quot;240&quot; align=&quot;left&quot; height=&quot;159&quot;&gt;&lt;/p&gt; &lt;p&gt;&lt;strong&gt;&lt;em&gt;Power Grid Corporation of India (PGCIL) has sought $500 million loan assistance from the World Bank for financing projects.&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p&gt;Power Grid is engaged in building transmission projects across the country. It also provides consultancy services in the power sector.&lt;/p&gt; &lt;p&gt;According to PGCIL, discussions are undergoing with the Ministry of Power (MoP) and Ministry of Finance (MoF) and the World Bank regarding funding assistance of transmission systems for evacuation of power from the solar parks. &lt;/p&gt; &lt;p&gt;For funding of its other transmission projects, Power Grid has submitted a proposal to the Ministry of Power for recommending it for consideration of Finance Ministry for sovereign loan assistance of $500 million from the World Bank.&lt;/p&gt; &lt;p&gt;&lt;a href=&quot;http://www.business-standard.com/article/pti-stories/power-grid-seeks-usd-500-million-loan-from-world-bank-115022600428_1.html&quot; target=&quot;_blank&quot;&gt;Source&lt;/a&gt;&lt;/p&gt;  </content><link rel='replies' type='application/atom+xml' href='http://powerind.blogspot.com/feeds/2885334472719578989/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://powerind.blogspot.com/2015/02/pgcil-seeks-usd-500-mn-loan-from-world.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/2885334472719578989'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/2885334472719578989'/><link rel='alternate' type='text/html' href='http://powerind.blogspot.com/2015/02/pgcil-seeks-usd-500-mn-loan-from-world.html' title='PGCIL seeks USD 500 Mn loan from World Bank to finance transmission projects for evacuation of Solar Power'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/02062818443006094580</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEguKZbSYIv-RVgTUasI-xVQ3CBs-Dq5yKuScoD7ztR2p52CqaZzMYwAiMu3JYwa0cPMHHwKe0etN_bYwiHhRdMUihh_9hi_8h0ifvuFUbcL-F8i6-SpgPmrVAiY602JS34v7sxgwjflrA/s72-c?imgmax=800" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-7957523547905860296.post-1803460209144343305</id><published>2015-02-26T12:05:00.001+05:30</published><updated>2015-02-26T12:05:56.703+05:30</updated><category scheme="http://www.blogger.com/atom/ns#" term="Finance"/><category scheme="http://www.blogger.com/atom/ns#" term="Mytrah"/><category scheme="http://www.blogger.com/atom/ns#" term="Projects"/><category scheme="http://www.blogger.com/atom/ns#" term="Renewables"/><category scheme="http://www.blogger.com/atom/ns#" term="Wind"/><title type='text'>Mytrah Energy secured Rs 853 Crs loan for its 150 MW wind projects</title><content type='html'>&lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;img title=&quot;image&quot; style=&quot;border-left-width: 0px; border-right-width: 0px; background-image: none; border-bottom-width: 0px; float: left; padding-top: 0px; padding-left: 0px; margin: 0px 5px 0px 0px; display: inline; padding-right: 0px; border-top-width: 0px&quot; border=&quot;0&quot; alt=&quot;image&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh_mNNFiljJW0BbzeTChtH0nCUKNYg3SQhyzf1BdybM7bLNwF6oEtKMAfaInDQgSwXA0emSnNYtIhCiC9L3coXVDXP470wRArpW0RNaoeJGX7wD_eQtdvBczeLDacNB-Xtefyw7Ev6Ntg/?imgmax=800&quot; width=&quot;240&quot; align=&quot;left&quot; height=&quot;160&quot;&gt;&lt;/p&gt; &lt;p&gt;&lt;strong&gt;&lt;em&gt;London-based Mytrah Energy Ltd has secured an Rs 853 Crs long-term loan from an unnamed Indian bank to finance 150 MW of wind projects.&lt;/em&gt;&lt;/strong&gt;  &lt;p&gt;The company expects to completed the said capacity in the coming 12 months, before India&#39;s 2016 wind season kicks off.  &lt;p&gt;According to the company, the proposed capacity will be completed within 12 months.  &lt;p&gt;With the new wind farms, Mytrah’s nominal capacity will top 690 MW.  &lt;p&gt;So far, the firm has installed 543 MW of wind parks across six Indian states and it has 3,500 MW of projects in the pipeline.  &lt;p&gt;Last week, Mytrah agreed to construct a 220-MW wind park in the Indian state of Andhra Pradesh within 18 months under a deal with the local government.  &lt;p&gt;India aims to boost its installed renewable plant capacity to a total of 170 GW by 2022, up from 34 GW at present.  &lt;p&gt;&lt;a href=&quot;http://renewables.seenews.com/news/mytrah-gets-usd-137m-loan-for-150-mw-of-wind-in-india-465096&quot; target=&quot;_blank&quot;&gt;Source&lt;/a&gt;  </content><link rel='replies' type='application/atom+xml' href='http://powerind.blogspot.com/feeds/1803460209144343305/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://powerind.blogspot.com/2015/02/mytrah-energy-secured-rs-853-crs-loan.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/1803460209144343305'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/1803460209144343305'/><link rel='alternate' type='text/html' href='http://powerind.blogspot.com/2015/02/mytrah-energy-secured-rs-853-crs-loan.html' title='Mytrah Energy secured Rs 853 Crs loan for its 150 MW wind projects'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/02062818443006094580</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEh_mNNFiljJW0BbzeTChtH0nCUKNYg3SQhyzf1BdybM7bLNwF6oEtKMAfaInDQgSwXA0emSnNYtIhCiC9L3coXVDXP470wRArpW0RNaoeJGX7wD_eQtdvBczeLDacNB-Xtefyw7Ev6Ntg/s72-c?imgmax=800" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-7957523547905860296.post-1684737029292520881</id><published>2015-02-25T23:07:00.001+05:30</published><updated>2015-02-25T23:07:05.837+05:30</updated><category scheme="http://www.blogger.com/atom/ns#" term="Finance"/><category scheme="http://www.blogger.com/atom/ns#" term="Investment"/><category scheme="http://www.blogger.com/atom/ns#" term="Madhya Pradesh"/><category scheme="http://www.blogger.com/atom/ns#" term="NTPC"/><category scheme="http://www.blogger.com/atom/ns#" term="Renewables"/><category scheme="http://www.blogger.com/atom/ns#" term="Thermal"/><title type='text'>NTPC Board approves investment proposal of 1,320 MW thermal Project &amp;amp; 10,000 MW of Renewable Projects</title><content type='html'>&lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;img title=&quot;image&quot; style=&quot;border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; float: left; padding-top: 0px; padding-left: 0px; margin: 0px 5px 0px 0px; border-left: 0px; display: inline; padding-right: 0px&quot; border=&quot;0&quot; alt=&quot;image&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEixG36Qb56iqjpZXMQ-dnK1ylqwKvMdUGMha_8H0EOyi6Jjyn1cXPb4T_ySKC19lEDTOpr6Z_6n0aL1y8Q3zd1ix_Z2q9R1_dmsVcNMjg98kvD-u1y8hzzXbKMCykipXe0g6-s5PsYUFQ/?imgmax=800&quot; width=&quot;240&quot; align=&quot;left&quot; height=&quot;161&quot;&gt;&lt;/p&gt; &lt;p&gt;&lt;strong&gt;&lt;em&gt;NTPC board has approved the investment proposal for 1,320 MW thermal power project in Madhya Pradesh. &lt;/em&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p&gt;The proposal involves setting up of Khargone Power Project in the State of Madhya Pradesh at an appraised current estimated cost of Rs 9,870 Crs.&lt;/p&gt; &lt;p&gt;However, the approval is subject to Environment Clearance of Ministry of Environment and Forests. &lt;/p&gt; &lt;p&gt;The Board of Directors has also accorded approval to the company&#39;s proposal to set up 10,000 MW of renewable energy projects during the next five years. &lt;/p&gt; &lt;p&gt;&lt;a href=&quot;http://economictimes.indiatimes.com/industry/energy/power/ntpc-board-approves-investment-proposal-for-madhya-pradesh-plant/articleshow/46372731.cms&quot; target=&quot;_blank&quot;&gt;Source&lt;/a&gt;&lt;/p&gt;  </content><link rel='replies' type='application/atom+xml' href='http://powerind.blogspot.com/feeds/1684737029292520881/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://powerind.blogspot.com/2015/02/ntpc-board-approves-investment-proposal.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/1684737029292520881'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/1684737029292520881'/><link rel='alternate' type='text/html' href='http://powerind.blogspot.com/2015/02/ntpc-board-approves-investment-proposal.html' title='NTPC Board approves investment proposal of 1,320 MW thermal Project &amp;amp; 10,000 MW of Renewable Projects'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/02062818443006094580</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEixG36Qb56iqjpZXMQ-dnK1ylqwKvMdUGMha_8H0EOyi6Jjyn1cXPb4T_ySKC19lEDTOpr6Z_6n0aL1y8Q3zd1ix_Z2q9R1_dmsVcNMjg98kvD-u1y8hzzXbKMCykipXe0g6-s5PsYUFQ/s72-c?imgmax=800" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-7957523547905860296.post-3632098499406158556</id><published>2015-02-25T21:48:00.001+05:30</published><updated>2015-02-25T21:48:13.042+05:30</updated><category scheme="http://www.blogger.com/atom/ns#" term="Regulatory"/><category scheme="http://www.blogger.com/atom/ns#" term="Renewables"/><category scheme="http://www.blogger.com/atom/ns#" term="Solar"/><category scheme="http://www.blogger.com/atom/ns#" term="UPERC"/><title type='text'>UPERC issues draft regulations for solar rooftop &amp;amp; net metering</title><content type='html'>&lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;img title=&quot;image&quot; style=&quot;border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; float: left; padding-top: 0px; padding-left: 0px; margin: 0px 5px 0px 0px; border-left: 0px; display: inline; padding-right: 0px&quot; border=&quot;0&quot; alt=&quot;image&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgAM9P6dR8-Ohf1nJy-GLNYZtTUamH8-ZSAPAy60XcNpi2HSpjOXZlu9ZWhtgJCEG2dRkWFqXFw7IB6kAy-MorM0yzoZmhzM5iv28L-8xcL4VprP_cnnEKOEzJDgIhMoL1Bi0GcL52piA/?imgmax=800&quot; width=&quot;240&quot; align=&quot;left&quot; height=&quot;185&quot;&gt;&lt;/p&gt; &lt;p&gt;&lt;strong&gt;&lt;em&gt;Uttar Pradesh Electricity Regulatory Commission (UPERC) has issued draft regulations for solar rooftop and net metering called as UPERC (Rooftop Solar PV Grid Interactive System Gross / Net Metering) Regulations, 2015.&lt;/em&gt; &lt;/strong&gt;&lt;/p&gt; &lt;p&gt;As per the draft regulations, the eligible consumers can install rooftop solar systems under both gross &amp;amp; net metering schemes.&lt;/p&gt; &lt;p&gt;Further, the consumers who are availing Accelerated Depreciation (AD) Benefits for their rooftop solar projects will be eligible only for the net metering scheme.&lt;/p&gt; &lt;p&gt;The maximum peak capacity of the grid connected rooftop solar system to be installed by any eligible consumer shall not exceed 90% of the contract demand of the consumer.&lt;/p&gt; &lt;p&gt;Brief of the Regulations:&lt;/p&gt; &lt;ul&gt; &lt;li&gt;&lt;font color=&quot;#000000&quot;&gt;Minimum Capacity: 1 kWp&lt;/font&gt;&lt;/li&gt; &lt;li&gt;&lt;font color=&quot;#000000&quot;&gt;Ownership Arrangements: Both self owned &amp;amp; third party owned allowed.&lt;/font&gt;&lt;/li&gt; &lt;li&gt;&lt;font color=&quot;#000000&quot;&gt;Metering Arrangements: Gross &amp;amp; Net metering. If the consumer installs solar rooftop under the gross net metering scheme he will have to inject entire power generated into the grid, while in other case if the consumer opts for Net Metering scheme he will be entitles to use the power generated at his premises and will be allowed to inject the surplus power into the grid.&lt;/font&gt;&lt;/li&gt; &lt;li&gt;&lt;font color=&quot;#000000&quot;&gt;Charges: Wheeling &amp;amp; Cross Subsidy charges are exempted&lt;/font&gt;&lt;/li&gt; &lt;li&gt;&lt;font color=&quot;#000000&quot;&gt;Solar RPO: In case the consumer is not an eligibility entity then such quantum of energy consumed by the consumer will qualify towards the RPO of the distribution utility.&lt;/font&gt;&lt;/li&gt;&lt;/ul&gt; &lt;p&gt;UPERC has invited comments and suggestions through a public notice, by 1st March 2015. &lt;a href=&quot;http://www.uperc.org/App_File/RSPVPublicNotice-doc216201513723PM.doc&quot; target=&quot;_blank&quot;&gt;Click here to access the notification.&lt;/a&gt;&lt;/p&gt; &lt;p&gt;The Draft Can be accessed &lt;a href=&quot;http://www.uperc.org/App_File/UPERCRSVPREGULATIONS2015-rar216201513436PM.rar&quot; target=&quot;_blank&quot;&gt;here.&lt;/a&gt;&lt;/p&gt;  </content><link rel='replies' type='application/atom+xml' href='http://powerind.blogspot.com/feeds/3632098499406158556/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://powerind.blogspot.com/2015/02/uperc-issues-draft-regulations-for.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/3632098499406158556'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/3632098499406158556'/><link rel='alternate' type='text/html' href='http://powerind.blogspot.com/2015/02/uperc-issues-draft-regulations-for.html' title='UPERC issues draft regulations for solar rooftop &amp;amp; net metering'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/02062818443006094580</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgAM9P6dR8-Ohf1nJy-GLNYZtTUamH8-ZSAPAy60XcNpi2HSpjOXZlu9ZWhtgJCEG2dRkWFqXFw7IB6kAy-MorM0yzoZmhzM5iv28L-8xcL4VprP_cnnEKOEzJDgIhMoL1Bi0GcL52piA/s72-c?imgmax=800" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-7957523547905860296.post-4474776354167385987</id><published>2015-02-25T21:06:00.001+05:30</published><updated>2015-02-25T21:06:06.600+05:30</updated><category scheme="http://www.blogger.com/atom/ns#" term="Brazil"/><category scheme="http://www.blogger.com/atom/ns#" term="Projects"/><category scheme="http://www.blogger.com/atom/ns#" term="Renewables"/><category scheme="http://www.blogger.com/atom/ns#" term="Suzlon"/><category scheme="http://www.blogger.com/atom/ns#" term="Wind"/><title type='text'>Suzlon commissioned 350 Wind Projects in Brazil</title><content type='html'>&lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;img title=&quot;image&quot; style=&quot;border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; float: left; padding-top: 0px; padding-left: 0px; margin: 0px 5px 0px 0px; border-left: 0px; display: inline; padding-right: 0px&quot; border=&quot;0&quot; alt=&quot;image&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEilIr6wFaIrN3Ttgpb_lRG50TXcFKYGIqGHm2xBBbUN_mUR2H_7FQkbUk3WJYmA3myBuZVfApi25ehz1IMqLvQR51hvoj4uj4w9HCmmYoq3mR2mMBKLfFeU51jp5iX6ECFyDur45HyzRA/?imgmax=800&quot; width=&quot;240&quot; align=&quot;left&quot; height=&quot;161&quot;&gt;&lt;/p&gt; &lt;p&gt;&lt;strong&gt;&lt;em&gt;Suzlon Group has commissioned wind energy projects having a total capacity of 350 MW in Brazil. &lt;/em&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p&gt;This projects are located in the high wind states of Rio Grande do Norte and Ceara in Brazil. &lt;/p&gt; &lt;p&gt;The installations include 150 wind turbine generators. &lt;/p&gt; &lt;p&gt;These projects will contribute to reducing Brazil&#39;s carbon footprint by eliminating approximately 0.54 million tonnes of carbon dioxide emissions per annum. &lt;/p&gt; &lt;p&gt;The 350 MW projects completed are expected to light up one lakh households in Brazil with clean energy. &lt;/p&gt; &lt;p&gt;Suzlon entered the Brazilian market in 2008 and has since created a cumulative installed capacity of approximately 750 MW. &lt;/p&gt; &lt;p&gt;&lt;a href=&quot;http://economictimes.indiatimes.com/industry/energy/power/suzlon-commissions-350-mw-wind-energy-projects-in-brazil/articleshow/46354279.cms&quot; target=&quot;_blank&quot;&gt;Source&lt;/a&gt;&lt;/p&gt;  </content><link rel='replies' type='application/atom+xml' href='http://powerind.blogspot.com/feeds/4474776354167385987/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://powerind.blogspot.com/2015/02/suzlon-commissioned-350-wind-projects.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/4474776354167385987'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/4474776354167385987'/><link rel='alternate' type='text/html' href='http://powerind.blogspot.com/2015/02/suzlon-commissioned-350-wind-projects.html' title='Suzlon commissioned 350 Wind Projects in Brazil'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/02062818443006094580</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEilIr6wFaIrN3Ttgpb_lRG50TXcFKYGIqGHm2xBBbUN_mUR2H_7FQkbUk3WJYmA3myBuZVfApi25ehz1IMqLvQR51hvoj4uj4w9HCmmYoq3mR2mMBKLfFeU51jp5iX6ECFyDur45HyzRA/s72-c?imgmax=800" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-7957523547905860296.post-8101438514307910185</id><published>2015-02-25T20:51:00.001+05:30</published><updated>2015-02-25T20:51:27.824+05:30</updated><category scheme="http://www.blogger.com/atom/ns#" term="MNRE"/><category scheme="http://www.blogger.com/atom/ns#" term="NSM"/><category scheme="http://www.blogger.com/atom/ns#" term="NTPC"/><category scheme="http://www.blogger.com/atom/ns#" term="NVVN"/><category scheme="http://www.blogger.com/atom/ns#" term="Policy"/><category scheme="http://www.blogger.com/atom/ns#" term="Renewables"/><category scheme="http://www.blogger.com/atom/ns#" term="Solar"/><title type='text'>Implementation of Project for setting up of 15,000 MW of Grid-connected Solar PV Power plants through NTPC/ NTPC Vidyut Vyapar Nigam Limited under National Solar Mission</title><content type='html'>&lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;img title=&quot;image&quot; style=&quot;border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; float: left; padding-top: 0px; padding-left: 0px; margin: 0px 5px 0px 0px; border-left: 0px; display: inline; padding-right: 0px&quot; border=&quot;0&quot; alt=&quot;image&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgCdFnJM9Ri1TwSWUUZB4yom9KNeWf49-BN7akiVz1wMTXpny5OyojtObF04uTNw1cC4Af-9Sp88rGC4KUsHF5UuF5d63ji1MH0FcynPL0XoOKbCBvEAU9AWI3jWjsJuUcQkRlIA0eq_w/?imgmax=800&quot; width=&quot;240&quot; align=&quot;left&quot; height=&quot;155&quot;&gt;&lt;/p&gt; &lt;p&gt;The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval for the implementation of the scheme for setting up of 15,000 MW of Grid-connected Solar PV Power projects under the National Solar Mission through NTPC/ NTPC Vidyut Vyapar Nigam Limited (NVVN) in three tranches namely, 3000 MW under Tranche-l under mechanism of Bundling with Unallocated Coal based Thermal Power and fixed levellised tariffs, 5,000 MW under Tranche-ll with some support from Government to be decided after getting some experience while implementing Tranche-l and balance 7,000 MW under Tranche-Ill without any financial support from the Government.&lt;/p&gt; &lt;p&gt;Successful completion of additional 15,000 MW capacity of Grid-connected solar PV power generation projects, mainly in the private sector, with largely private investment, under the National Solar Mission would accelerate the process of achieving grid tariff parity for solar power and also help reduce consumption of kerosene and diesel, which is presently in use to meet the unmet demand.&lt;/p&gt; &lt;p&gt;In Tranche-l, which will be Batch-II of Phase-II of the National Solar Mission, 3000 MW capacity of solar PV power plants will be based on bundling of solar power (3000 MW) with unallocated thermal power (1500 MW) in the ratio of 2:1 (in MW terms), for which the required 1500 MW unallocated thermal power has been made available by the Ministry of Power. The bundled power will be allotted to various States that come forward to (i) provide land for setting up the solar power projects and (ii) purchase a major portion of the bundled solar power for consumption within the State (iii) ensure connectivity to the solar power project. The capacity allotted to each such State will be set up through developers, to be selected through international competitive bidding by NTPC /NVVN. Both private and government companies would be free to bid for projects.&lt;/p&gt; &lt;p&gt;1000 MW capacity out of the 3000 MW under the bundling scheme will be set up on land already identified in Andhra Pradesh. The balance 2000 MW capacity under the Bundling Scheme will be allotted in other interested States that come forward.&lt;/p&gt; &lt;p&gt;It is estimated that implementation of Tranche-l of the scheme will entail total investment of over Rs.18,000 crore, all of which will be met by project developers, mainly private.&lt;/p&gt; &lt;p&gt;A Payment Security Mechanism / Working Capital Fund with an estimated corpus of Rs. 2300 crore to cover 3 months payment for bundled capacity of 3000 MW of Solar Capacity with 1500 MW NTPC Coal Power, will be set up to ensure bankability of PPAs and timely payment to developers. This will be evolved through collaborative efforts of Government of India and Solar Project Developers. The modalities for setting up of Payment Security Mechanism / Working Capital Fund will be finalized subsequently. Accruals from encashment of Bank Guarantees, penalties on developers, etc. will also go into this fund.&lt;/p&gt; &lt;p&gt;Some capacity will be earmarked out of the total procurement under this scheme with provisions of domestically manufactured solar cells as well as modules. The quantity to be fixed with Domestic Content Requirement (DCR) in each tender will be prescribed by Ministry of New and Renewable Energy (MNRE) based on the prevailing market conditions from time to time. Bids received under both the categories (one with DCR requirement and the other without any such requirement) will be evaluated and successful bidders selected independently. Further, this DCR will also be technology agnostic that is applied on both the crystalline silicon and thin film SPV cells and modules.&lt;br&gt;Background&lt;br&gt;The first Phase of the National Solar Mission (2010-2013) had a target of 1100 MW for Grid-connected solar power generation capacity, against which 1685 MW was set up in the country under various schemes. Further capacity addition of 9,000 MW comprising 3,000 MW under Central schemes and 6,000 MW under State initiatives/ other mechanisms was envisaged In the 2nd phase of the Mission (April 2013-March 2017).&lt;/p&gt; &lt;p&gt;Now that sufficient experience is available in India in this field and the Government is keen to expeditiously promote solar power in the country, it is proposed to give a quantum jump to development of solar power in India through market driven approach, wherein the role of subsidies and direct Government support is gradually phased out. Specifically, it is proposed to significantly enhance capacity addition in the 2nd phase itself under Central schemes through various mechanisms.&lt;/p&gt; &lt;p&gt;&lt;a href=&quot;http://pib.nic.in/newsite/PrintRelease.aspx?relid=115906&quot; target=&quot;_blank&quot;&gt;Source&lt;/a&gt;&lt;/p&gt;  </content><link rel='replies' type='application/atom+xml' href='http://powerind.blogspot.com/feeds/8101438514307910185/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://powerind.blogspot.com/2015/02/implementation-of-project-for-setting.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/8101438514307910185'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/8101438514307910185'/><link rel='alternate' type='text/html' href='http://powerind.blogspot.com/2015/02/implementation-of-project-for-setting.html' title='Implementation of Project for setting up of 15,000 MW of Grid-connected Solar PV Power plants through NTPC/ NTPC Vidyut Vyapar Nigam Limited under National Solar Mission'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/02062818443006094580</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgCdFnJM9Ri1TwSWUUZB4yom9KNeWf49-BN7akiVz1wMTXpny5OyojtObF04uTNw1cC4Af-9Sp88rGC4KUsHF5UuF5d63ji1MH0FcynPL0XoOKbCBvEAU9AWI3jWjsJuUcQkRlIA0eq_w/s72-c?imgmax=800" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-7957523547905860296.post-1073792311663267616</id><published>2015-02-21T21:37:00.001+05:30</published><updated>2015-02-21T21:37:10.427+05:30</updated><category scheme="http://www.blogger.com/atom/ns#" term="analysis"/><category scheme="http://www.blogger.com/atom/ns#" term="PEDA"/><category scheme="http://www.blogger.com/atom/ns#" term="Punjab"/><category scheme="http://www.blogger.com/atom/ns#" term="Renewables"/><category scheme="http://www.blogger.com/atom/ns#" term="Solar"/><category scheme="http://www.blogger.com/atom/ns#" term="Tenders"/><title type='text'>Punjab 250 MW Solar Tender Results</title><content type='html'>&lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;img title=&quot;image&quot; style=&quot;border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; float: left; padding-top: 0px; padding-left: 0px; margin: 0px 5px 0px 0px; border-left: 0px; display: inline; padding-right: 0px&quot; border=&quot;0&quot; alt=&quot;image&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg8zwFiTREPbMT6AvFlaf7l7aB-DUFKzVoDX1ftynnoXXJZ58X85x_F83gm-BHQa2gx_2t3TOB8dzhQQZatR510fvf9Tv1vxMjiamZWW-w-N34b1ri8a1VYQpVCZXf8LSw_WH53tG0Maw/?imgmax=800&quot; width=&quot;240&quot; align=&quot;left&quot; height=&quot;160&quot;&gt;&lt;/p&gt; &lt;p&gt;&amp;nbsp; &lt;p&gt;Punjab Energy Development Agency (PEDA), nodal agency of Punjab, has invited Request for Proposal (RfP) on December 24, 2014 for development of 250 MW Solar Projects in the State. &lt;p&gt;&amp;nbsp; &lt;p&gt;The Projects were to be developed under following categories:&amp;nbsp; &lt;ul&gt; &lt;li&gt;Category–I: 50 MW Capacity (project capacity 1 MW to 4 MW)&lt;/li&gt; &lt;li&gt;Category–II: 100 MW Capacity (project capacity 5 MW to 24 MW)&lt;/li&gt; &lt;li&gt;Category–III: 100 MW Capacity (project capacity 25 MW to 50 MW &lt;/li&gt;&lt;/ul&gt; &lt;p&gt;Bid submission and Non financial bid opening were on January 28, 2015.  &lt;p&gt;Total 32 bids (21 in Cat-I, 7 in Cat-II &amp;amp; 5 in Cat-III) were received aggregating to ~388 MW (34 MW in Cat-I, 149 MW in Cat-II &amp;amp; 205 MW in Cat-III) &lt;p&gt;The financial bids opened on February 10, 2015. &lt;p&gt;Summary of Bid Results &lt;ul&gt; &lt;li&gt;Total Bids: 32 (aggregate capacity 388 MW)&lt;/li&gt; &lt;li&gt;Lowest Bid: Azure – 4 MW (Rs 7.33/unit) under category I, SolaireDirect – 24 MW (Rs 6.88/unit) under Category II, 50 MW (Rs 6.88/unit) under Category III&lt;/li&gt; &lt;li&gt;Highest Winning Bid: RatanIndia – 4 MW (Rs 7.45/unit) under Cat I, 24 MW (Rs 7.42/unit) under Cat II &amp;amp; 50 MW (Rs 7.56/unit) under Cat III&lt;/li&gt;&lt;/ul&gt; &lt;p&gt;List of Successful Bidders&lt;/p&gt; &lt;table class=&quot;MsoTableLightShadingAccent2&quot; style=&quot;border-top: medium none; border-right: medium none; word-spacing: normal; border-collapse: collapse; border-bottom: medium none; text-align: left; border-left: medium none; line-height: normal; mso-table-layout-alt: fixed; mso-border-top-alt: solid #c0504d 1.0pt; mso-border-top-themecolor: accent2; mso-border-bottom-alt: solid #c0504d 1.0pt; mso-border-bottom-themecolor: accent2; mso-yfti-tbllook: 1184; mso-padding-alt: 0cm 5.4pt 0cm 5.4pt&quot; cellspacing=&quot;0&quot; cellpadding=&quot;0&quot; width=&quot;100%&quot; border=&quot;1&quot;&gt; &lt;tbody&gt; &lt;tr style=&quot;height: 15pt; mso-yfti-irow: -1; mso-yfti-firstrow: yes&quot;&gt; &lt;td style=&quot;border-top: #c0504d 1pt solid; border-right: medium none; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt; mso-border-top-themecolor: accent2&quot; height=&quot;20&quot; valign=&quot;top&quot; rowspan=&quot;2&quot; width=&quot;15.94%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 5&quot; align=&quot;right&quot;&gt;&lt;b&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;Bidders&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: #c0504d 1pt solid; border-right: medium none; border-bottom: #c0504d 1pt solid; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt; mso-border-top-themecolor: accent2; mso-border-bottom-themecolor: accent2&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;19.34%&quot; colspan=&quot;3&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 1&quot; align=&quot;center&quot;&gt;&lt;b&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;Cat-I&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: #c0504d 1pt solid; border-right: medium none; border-bottom: #c0504d 1pt solid; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt; mso-border-top-themecolor: accent2; mso-border-bottom-themecolor: accent2&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;19.58%&quot; colspan=&quot;2&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 1&quot; align=&quot;center&quot;&gt;&lt;b&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;Cat-II&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: #c0504d 1pt solid; border-right: medium none; border-bottom: #c0504d 1pt solid; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt; mso-border-top-themecolor: accent2; mso-border-bottom-themecolor: accent2&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;20.48%&quot; colspan=&quot;2&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 1&quot; align=&quot;center&quot;&gt;&lt;b&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;Cat-III&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: #c0504d 1pt solid; border-right: medium none; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt; mso-border-top-themecolor: accent2&quot; height=&quot;20&quot; valign=&quot;top&quot; rowspan=&quot;2&quot; width=&quot;11.84%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 1&quot; align=&quot;center&quot;&gt;&lt;b&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;Total&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 1&quot; align=&quot;center&quot;&gt;&lt;b&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;Capacity (MW)&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: #c0504d 1pt solid; border-right: medium none; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt; mso-border-top-themecolor: accent2&quot; height=&quot;20&quot; valign=&quot;top&quot; rowspan=&quot;2&quot; width=&quot;12.82%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 1&quot; align=&quot;center&quot;&gt;&lt;b&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;Levellized Tariff&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 1&quot; align=&quot;center&quot;&gt;&lt;b&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;(Rs/Unit)&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr style=&quot;height: 15pt; mso-yfti-irow: 0&quot;&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; background: #efd3d2; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt; mso-background-themecolor: accent2; mso-background-themetint: 63&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;9.9%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 64&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;Capacity&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 64&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;(MW)&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; background: #efd3d2; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt; mso-background-themecolor: accent2; mso-background-themetint: 63&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;9.36%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 64&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;Tariff&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 64&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;Rs/Unit&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; background: #efd3d2; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt; mso-background-themecolor: accent2; mso-background-themetint: 63&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;10.44%&quot; colspan=&quot;2&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 64&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;Capacity&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 64&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;(MW)&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; background: #efd3d2; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt; mso-background-themecolor: accent2; mso-background-themetint: 63&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;9.22%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 64&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;Tariff&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 64&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;Rs/Unit&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; background: #efd3d2; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt; mso-background-themecolor: accent2; mso-background-themetint: 63&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;10.58%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 64&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;Capacity&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 64&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;(MW)&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; background: #efd3d2; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt; mso-background-themecolor: accent2; mso-background-themetint: 63&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;9.9%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 64&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;Tariff&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 64&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;Rs/Unit&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr style=&quot;height: 15pt; mso-yfti-irow: 1&quot;&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;15.94%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 4&quot; align=&quot;right&quot;&gt;&lt;b&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;ACME&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;9.9%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;-&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;9.36%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;-&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;10.44%&quot; colspan=&quot;2&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;24&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;9.22%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;7.16&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;10.58%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;50&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;9.9%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;7.06&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;11.84%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal&quot; align=&quot;center&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;74&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;12.82%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal&quot; align=&quot;center&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;7.09&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr style=&quot;height: 15pt; mso-yfti-irow: 2&quot;&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; background: #efd3d2; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt; mso-background-themecolor: accent2; mso-background-themetint: 63&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;15.94%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 68&quot; align=&quot;right&quot;&gt;&lt;b&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;RatanIndia&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; background: #efd3d2; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt; mso-background-themecolor: accent2; mso-background-themetint: 63&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;9.9%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 64&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;4&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; background: #efd3d2; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt; mso-background-themecolor: accent2; mso-background-themetint: 63&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;9.36%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 64&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;7.45&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; background: #efd3d2; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt; mso-background-themecolor: accent2; mso-background-themetint: 63&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;10.44%&quot; colspan=&quot;2&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 64&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;24&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; background: #efd3d2; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt; mso-background-themecolor: accent2; mso-background-themetint: 63&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;9.22%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 64&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;7.42&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; background: #efd3d2; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt; mso-background-themecolor: accent2; mso-background-themetint: 63&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;10.58%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 64&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;50&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; background: #efd3d2; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt; mso-background-themecolor: accent2; mso-background-themetint: 63&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;9.9%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 64&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;7.56&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; background: #efd3d2; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt; mso-background-themecolor: accent2; mso-background-themetint: 63&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;11.84%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 64&quot; align=&quot;center&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;78&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; background: #efd3d2; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt; mso-background-themecolor: accent2; mso-background-themetint: 63&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;12.82%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 64&quot; align=&quot;center&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;7.51&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr style=&quot;height: 15pt; mso-yfti-irow: 3&quot;&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;15.94%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 4&quot; align=&quot;right&quot;&gt;&lt;b&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;Solaire Direct&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;9.9%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;-&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;9.36%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;-&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;10.44%&quot; colspan=&quot;2&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;24&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;9.22%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;6.88&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;10.58%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;30&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;9.9%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;6.88&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;11.84%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal&quot; align=&quot;center&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;54&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;12.82%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal&quot; align=&quot;center&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;6.88&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;/td&gt;&lt;/tr&gt; &lt;tr style=&quot;height: 15pt; mso-yfti-irow: 4&quot;&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; background: #efd3d2; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt; mso-background-themecolor: accent2; mso-background-themetint: 63&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;15.94%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 68&quot; align=&quot;right&quot;&gt;&lt;b&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;Azure&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/b&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; background: #efd3d2; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt; mso-background-themecolor: accent2; mso-background-themetint: 63&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;9.9%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 64&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;4&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; background: #efd3d2; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt; mso-background-themecolor: accent2; mso-background-themetint: 63&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;9.36%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 64&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;7.33&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; background: #efd3d2; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt; mso-background-themecolor: accent2; mso-background-themetint: 63&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;10.44%&quot; colspan=&quot;2&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 64&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;24&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; background: #efd3d2; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt; mso-background-themecolor: accent2; mso-background-themetint: 63&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;9.22%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 64&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;7.19&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; background: #efd3d2; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt; mso-background-themecolor: accent2; mso-background-themetint: 63&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;10.58%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 64&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;0&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt; &lt;td style=&quot;border-top: medium none; border-right: medium none; background: #efd3d2; border-bottom: medium none; padding-bottom: 0cm; padding-top: 0cm; padding-left: 5.4pt; border-left: medium none; padding-right: 5.4pt; mso-background-themecolor: accent2; mso-background-themetint: 63&quot; height=&quot;20&quot; valign=&quot;top&quot; width=&quot;9.9%&quot; nowrap&gt; &lt;p class=&quot;MsoNormal&quot; style=&quot;margin: 0cm 0cm 0pt; line-height: normal; mso-yfti-cnfc: 64&quot; align=&quot;center&quot;&gt;&lt;span style=&quot;color: ; mso-fareast-font-family: &amp;quot;Times New Roman&amp;quot;; mso-bidi-font-family: arial; mso-fareast-language: en-in&quot;&gt;&lt;font face=&quot;Calibri&quot;&gt;&lt;font style=&quot;font-size: 10pt&quot;&gt;0&lt;/font&gt;&lt;/font&gt;&lt;/span&gt;&lt;/p&gt;&lt;/td&gt; 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 </content><link rel='replies' type='application/atom+xml' href='http://powerind.blogspot.com/feeds/1073792311663267616/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://powerind.blogspot.com/2015/02/punjab-250-mw-solar-tender-results.html#comment-form' title='1 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/1073792311663267616'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/1073792311663267616'/><link rel='alternate' type='text/html' href='http://powerind.blogspot.com/2015/02/punjab-250-mw-solar-tender-results.html' title='Punjab 250 MW Solar Tender Results'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/02062818443006094580</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg8zwFiTREPbMT6AvFlaf7l7aB-DUFKzVoDX1ftynnoXXJZ58X85x_F83gm-BHQa2gx_2t3TOB8dzhQQZatR510fvf9Tv1vxMjiamZWW-w-N34b1ri8a1VYQpVCZXf8LSw_WH53tG0Maw/s72-c?imgmax=800" height="72" width="72"/><thr:total>1</thr:total></entry><entry><id>tag:blogger.com,1999:blog-7957523547905860296.post-2344867536903082207</id><published>2015-02-21T20:49:00.001+05:30</published><updated>2015-02-21T20:49:45.472+05:30</updated><category scheme="http://www.blogger.com/atom/ns#" term="Acme"/><category scheme="http://www.blogger.com/atom/ns#" term="Punjab"/><category scheme="http://www.blogger.com/atom/ns#" term="Renewables"/><category scheme="http://www.blogger.com/atom/ns#" term="Solar"/><title type='text'>ACME to develop 74 MW of Solar PV Projects with an investment of Rs 600 Crs in Punjab</title><content type='html'>&lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;img title=&quot;image&quot; style=&quot;border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; float: left; padding-top: 0px; padding-left: 0px; margin: 0px 5px 0px 0px; border-left: 0px; display: inline; padding-right: 0px&quot; border=&quot;0&quot; alt=&quot;image&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgHbMUpjlEJbmvqWSng6o6QzmeGaPSrehX5zIneDsYlmyK0WBFUIX64vx2rtGnWrq8jE6OV9QhC4s-QSYo9Y_7ZHcyQ472ai2PiUGayr3CzKHAT43tKImhChAsV7vNj2i9Jzb8tkWM3tA/?imgmax=800&quot; width=&quot;240&quot; align=&quot;left&quot; height=&quot;165&quot;&gt;&lt;/p&gt; &lt;p&gt;&lt;strong&gt;&lt;em&gt;ACME Group, India’s leading solar power player in India, announced that it has emerged as the largest developer for successfully securing 74 MW of solar PV power projects under the Punjab State Solar PV Tender of 250 MW capacities, issued by Punjab Energy Development Agency.&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p&gt;As per the RFP document, ACME would be signing two PPAs of 24 MW and 50 MW capacity, at a tariff of Rs. 7.16/ kwh and Rs. 7.06/ kwh respectively.&lt;/p&gt; &lt;p&gt;Commenting on this momentous occasion, Mr. Manoj Kumar Upadhyay, Founder &amp;amp; Chairman, ACME said ,”We take pride in announcing our partnership with the Punjab State Government as the largest solar power developer in the State and help them&amp;nbsp; in their endeavor to fuel the Solar Revolution in the country.&amp;nbsp; We thank the Punjab Electricity Development Agency and offer our complete support to achieve their mission to bring down the GHG emissions through using renewable energy resources.&amp;nbsp; Through our expertise, we shall bring to the state the success of renewable energy similar to that the country witnessed in the telecom sector.”&lt;/p&gt; &lt;p&gt;This project would entail an estimated investment of Rs 600 crore.&lt;/p&gt; &lt;p&gt;Punjab has the advantage of 300 sunny days and estimated potential of solar energy at 4-7 KWh/Sq.mtr of solar insolation levels.&amp;nbsp; The state government aims to tap this resource for strengthening power infrastructure in the State by setting up Solar Energy based power projects so as to save the depleting resources for our future generation and to combat global warming, fast depleting conventional sources of energy and resultant increased environmental pollution and combat climate change &lt;/p&gt; &lt;p&gt;&lt;a href=&quot;http://www.indiainfoline.com/article/news-sector-power/acme-to-invest-rs-600-crore-in-punjab-115021900423_1.html&quot; target=&quot;_blank&quot;&gt;Source&lt;/a&gt;  </content><link rel='replies' type='application/atom+xml' href='http://powerind.blogspot.com/feeds/2344867536903082207/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://powerind.blogspot.com/2015/02/acme-to-develop-74-mw-of-solar-pv.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/2344867536903082207'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/2344867536903082207'/><link rel='alternate' type='text/html' href='http://powerind.blogspot.com/2015/02/acme-to-develop-74-mw-of-solar-pv.html' title='ACME to develop 74 MW of Solar PV Projects with an investment of Rs 600 Crs in Punjab'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/02062818443006094580</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgHbMUpjlEJbmvqWSng6o6QzmeGaPSrehX5zIneDsYlmyK0WBFUIX64vx2rtGnWrq8jE6OV9QhC4s-QSYo9Y_7ZHcyQ472ai2PiUGayr3CzKHAT43tKImhChAsV7vNj2i9Jzb8tkWM3tA/s72-c?imgmax=800" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-7957523547905860296.post-4025907190117810129</id><published>2015-02-21T20:08:00.001+05:30</published><updated>2015-02-21T20:09:02.602+05:30</updated><category scheme="http://www.blogger.com/atom/ns#" term="MNRE"/><category scheme="http://www.blogger.com/atom/ns#" term="Niti Aayog"/><category scheme="http://www.blogger.com/atom/ns#" term="Publications"/><category scheme="http://www.blogger.com/atom/ns#" term="Renewables"/><category scheme="http://www.blogger.com/atom/ns#" term="Solar"/><category scheme="http://www.blogger.com/atom/ns#" term="Wind"/><title type='text'>Report on India’s Renewable Electricity Roadmap 2030—Toward Accelerated Renewable Electricity Deployment</title><content type='html'>&lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;img title=&quot;image&quot; style=&quot;border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; float: left; padding-top: 0px; padding-left: 0px; margin: 0px 5px 0px 0px; border-left: 0px; display: inline; padding-right: 0px&quot; border=&quot;0&quot; alt=&quot;image&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEieYAIMTwyfraV28xxIefP5eD5hjnZ-6fuyLyVQHlpC7XA3ekZUX6H3RihyphenhyphenCSxFXYuh3aLbQ8qvP8EDWycDYGVeRIIv5PYlv6V0QMshpeY-cU2HW0olYny8OCZXNQxL5GqXPnlRhJidmQ/?imgmax=800&quot; width=&quot;240&quot; align=&quot;left&quot; height=&quot;197&quot;&gt;&lt;/p&gt; &lt;p&gt;The “Report India’s Renewable Electricity Roadmap 2030—Toward Accelerated Renewable Electricity Deployment” was released at the Renewable Energy Global Investors Meet &amp;amp; Expo (RE-INVEST 2015). &lt;/p&gt; &lt;p&gt;The report was brought out by NITI Aayog with support of CII, Shakti Sustainable Energy Foundation and RAP (Regulatory Assistance Project), a global non-profit group, talks about the current scenario of renewable energy in India and what needs to be done for its accelerated deployment to address energy security concerns.&lt;/p&gt; &lt;p&gt;&lt;br&gt;Shri Piyush Goyal, Union Minister of State (IC) for Coal, Power and New &amp;amp; Renewable Energy, lauded NITI Aayog for the report and said that it has instilled a lot of hope for following more ambitious targets. “We need to create an enabling environment with respect to clearance, land acquisition and other regulatory support.”&lt;/p&gt; &lt;p&gt;The Minister suggested that the land owners, who provide their land for setting up renewable energy projects, could be given a stake in the projects as an incentive. He urged NITI Aayog to help in creating some innovative model for the RE sector. He addressed the panelists while sitting in the audience.&lt;/p&gt; &lt;p&gt;Commenting on the launch of the report, Smt Sindhushree Khullar, CEO, NITI Aayog- Govt of India stated that this is the first initiative of the Aayog. “Energy and renewable energy is a core area in India. We need to see actual movement on whatever the report suggests about,” said Smt Khullar.&lt;/p&gt; &lt;p&gt;Mr Deepak Gupta, Senior Programme Manager- Power, Shakti Sustainable Energy Foundation, said that the report suggests possible roadmap to achieve ambitious targets in the renewable sector after assessing several best practices around the world.&lt;/p&gt; &lt;p&gt;The panelists were of the opinion that India needs to keep renewable energy as a matter of national importance. They suggested that the need of the hour is to move away from the current practice and make RE as an integral part of the power sector. For this a comprehensive national policy framework would be required for smoother renewable projects development in the country.&lt;/p&gt; &lt;p&gt;Mr Mackay Miller, Technology Innovation Analyst, NREL, congratulated the Indian government for its ambitious RE targets and intent to attain that goal. He suggested that there is need to think about policy and financing mechanism so that investments take place.&lt;/p&gt; &lt;p&gt;Smt Varsha Joshi, Joint Secretary, Ministry of New and Renewable Energy, lauded the report terming it as a good effort by the compilers. “It’s time that India has to look at RE as a resource across the states. There are a lot of things to be learned and a lot to be done,” she said.&lt;/p&gt; &lt;p&gt;Shri Sumant Sinha talked about thinking ‘out of the box’ to operationalise the issues highlighted in the report. “Why can’t we make renewable energy as the backbone of India’s electricity generation? We have to re-think our entire reliability on coal. Discoms are reluctant on buying renewable power against highly subsidised conventional power,” Shri Sinha noted.&lt;/p&gt; &lt;p&gt;Getting fund is seen as one of the major challenges. However, Shri Rajat Misra, VP, SBI Capital Markets Ltd is of the opinion that funding is not a constraint if there is good policy in place.&lt;/p&gt; &lt;p&gt;Shri SK Soonee, CEO, POSOCO, raised the issue of grid as one of the major hurdles in increasing renewable potential. The experts stressed that renewable energy could be the backbone of Indian power scenario provided existing issues are addressed. They objected to having coal as the preferred power choice just because it is available beneath the earth.&lt;/p&gt; &lt;p&gt;Smt Khullar stated that there is misconception in India that renewable energy is for rich. She asked everyone to be a part of this movement in renewable energy. “We are starting this journey with great hope and we should walk together to make it happen,” Smt Khullar concluded.&lt;/p&gt; &lt;p&gt;&lt;a href=&quot;http://pib.nic.in/newsite/PrintRelease.aspx?relid=115487&quot; target=&quot;_blank&quot;&gt;Source&lt;/a&gt; &lt;p&gt;&lt;a href=&quot;http://shaktifoundation.in/wp-content/uploads/2014/02/Report-on-Indias-RE-Roadmap-2030-full-report-web2.pdf&quot; target=&quot;_blank&quot;&gt;Download the document here.&lt;/a&gt;&lt;/p&gt;  </content><link rel='replies' type='application/atom+xml' href='http://powerind.blogspot.com/feeds/4025907190117810129/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://powerind.blogspot.com/2015/02/report-on-indias-renewable-electricity.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/4025907190117810129'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/4025907190117810129'/><link rel='alternate' type='text/html' href='http://powerind.blogspot.com/2015/02/report-on-indias-renewable-electricity.html' title='Report on India’s Renewable Electricity Roadmap 2030—Toward Accelerated Renewable Electricity Deployment'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/02062818443006094580</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEieYAIMTwyfraV28xxIefP5eD5hjnZ-6fuyLyVQHlpC7XA3ekZUX6H3RihyphenhyphenCSxFXYuh3aLbQ8qvP8EDWycDYGVeRIIv5PYlv6V0QMshpeY-cU2HW0olYny8OCZXNQxL5GqXPnlRhJidmQ/s72-c?imgmax=800" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-7957523547905860296.post-6191424235223232220</id><published>2015-02-20T22:31:00.001+05:30</published><updated>2015-02-20T22:31:20.479+05:30</updated><category scheme="http://www.blogger.com/atom/ns#" term="Renewables"/><category scheme="http://www.blogger.com/atom/ns#" term="Solar"/><category scheme="http://www.blogger.com/atom/ns#" term="SunEdison"/><category scheme="http://www.blogger.com/atom/ns#" term="Tamil Nadu"/><title type='text'>SunEdison planssolar parks for commercial &amp;amp; industrial establishments in Tamil Nadu</title><content type='html'>&lt;p&gt;&amp;nbsp; &lt;p&gt;&lt;a href=&quot;http://www.indianpowersphere.com&quot; target=&quot;_blank&quot;&gt;&lt;img title=&quot;image&quot; style=&quot;border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; float: left; padding-top: 0px; padding-left: 0px; margin: 0px 5px 0px 0px; border-left: 0px; display: inline; padding-right: 0px&quot; border=&quot;0&quot; alt=&quot;image&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhfitmPKMDCWhUd0Z6vhyphenhyphenlqSzoQQcj9470AXka3YrYSUbGzQrxmpckVk8tep8eGH9t8egqZ8cgyLHijd56Z7OReIAQB9ByoBNiigKpJQNUXBuD4yS4JFgM_CcB521dNFpoUqxdQGysu2g/?imgmax=800&quot; width=&quot;240&quot; align=&quot;left&quot; height=&quot;144&quot;&gt;&lt;/a&gt; &lt;p&gt;SunEdison is planning to establish a solar park of 18 MW capacity in Tiruneveli, Tamilnadu. It is also looking at more such parks in the State as more numbers of commercial establishments and industries are expected to go in for solar power systems. &lt;p&gt;With the option of open access, there is opportunity for more number of commercial and industrial electricity consumers to go in for solar power. &lt;p&gt;The company has installed over 12 MW solar energy systems in the State and solar pumpsets are a focus area. Farmers will be able to use the land during dry months too with solar power systems. &lt;p&gt;Regarding market for solar energy across the country, company said that Gujarat and Rajasthan lend more to solar energy because of the geographical advantages. Maharashtra, Karnataka, Andhra Pradesh and Telangana have favourable solar policies.  &lt;p&gt;The company sees opportunities in rural electrification scheme. Off grid installations reduce grid power consumption in rural areas and these are small panels with battery. It has done these projects in about 100 sites in different States. &lt;p&gt;&amp;nbsp; &lt;p&gt;&lt;a href=&quot;http://www.thehindu.com/news/cities/Coimbatore/sunedison-plans-more-solar-parks/article6914903.ece&quot; target=&quot;_blank&quot;&gt;Source&lt;/a&gt;  </content><link rel='replies' type='application/atom+xml' href='http://powerind.blogspot.com/feeds/6191424235223232220/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://powerind.blogspot.com/2015/02/sunedison-planssolar-parks-for.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/6191424235223232220'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/6191424235223232220'/><link rel='alternate' type='text/html' href='http://powerind.blogspot.com/2015/02/sunedison-planssolar-parks-for.html' title='SunEdison planssolar parks for commercial &amp;amp; industrial establishments in Tamil Nadu'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/02062818443006094580</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhfitmPKMDCWhUd0Z6vhyphenhyphenlqSzoQQcj9470AXka3YrYSUbGzQrxmpckVk8tep8eGH9t8egqZ8cgyLHijd56Z7OReIAQB9ByoBNiigKpJQNUXBuD4yS4JFgM_CcB521dNFpoUqxdQGysu2g/s72-c?imgmax=800" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-7957523547905860296.post-1600609725406148872</id><published>2015-02-20T22:09:00.001+05:30</published><updated>2015-02-20T22:09:14.796+05:30</updated><category scheme="http://www.blogger.com/atom/ns#" term="Finance"/><category scheme="http://www.blogger.com/atom/ns#" term="Rays Power"/><category scheme="http://www.blogger.com/atom/ns#" term="Renewables"/><category scheme="http://www.blogger.com/atom/ns#" term="Solar"/><title type='text'>Rays Power Experts looks to raise Rs 400 Crs</title><content type='html'>&lt;p&gt;&lt;img title=&quot;image&quot; style=&quot;border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; float: left; padding-top: 0px; padding-left: 0px; border-left: 0px; display: inline; padding-right: 0px&quot; border=&quot;0&quot; alt=&quot;image&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj88ky8Qsv6ntkMDtwIYt4WhpIwhOJKs7-aAKPwoxLoU7SlwF76rkC_p0xmisH9rMdxlMNw2wrNrSlMt38Fb5CeYrGCvGNJopAe8s2DsCcdMj-PdrYv2BzEp2MTJ13lfznCRD9fdIq-yw/?imgmax=800&quot; width=&quot;144&quot; align=&quot;left&quot; height=&quot;143&quot;&gt;&lt;/p&gt; &lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;Rays Power Experts is planning to raise funds of Rs 400 Crs from private equity firms.&lt;/p&gt; &lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;According to sources, company is in discussions with Blackstone &amp;amp; Gujarat Venture Finance among others.&lt;/p&gt; &lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;Rays Power sets up solar parks and provides services ranging from land identification to acquisition, supplying of solar panels and accessories, site infrastructure and maintenance, as well as installation and commissioning of projects. &lt;/p&gt; &lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;The company is now looking to build its own solar plants and has commissioned a 100-MW solar project at Bikaner in Rajasthan. Rays Power Experts reported profit after tax of Rs 10.7 crore and revenue of Rs 230 crore in the financial year ended March 31, 2014, according to documents filed with the Registrar of Companies.&lt;/p&gt; &lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;a href=&quot;http://economictimes.indiatimes.com/news/emerging-businesses/startups/rays-power-experts-looks-to-raise-rs-400-crore-via-private-equity-funds/articleshow/46306904.cms&quot; target=&quot;_blank&quot;&gt;Source&lt;/a&gt;&lt;/p&gt;  </content><link rel='replies' type='application/atom+xml' href='http://powerind.blogspot.com/feeds/1600609725406148872/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://powerind.blogspot.com/2015/02/rays-power-experts-looks-to-raise-rs.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/1600609725406148872'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/1600609725406148872'/><link rel='alternate' type='text/html' href='http://powerind.blogspot.com/2015/02/rays-power-experts-looks-to-raise-rs.html' title='Rays Power Experts looks to raise Rs 400 Crs'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/02062818443006094580</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj88ky8Qsv6ntkMDtwIYt4WhpIwhOJKs7-aAKPwoxLoU7SlwF76rkC_p0xmisH9rMdxlMNw2wrNrSlMt38Fb5CeYrGCvGNJopAe8s2DsCcdMj-PdrYv2BzEp2MTJ13lfznCRD9fdIq-yw/s72-c?imgmax=800" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-7957523547905860296.post-6246996235758043362</id><published>2015-02-19T14:47:00.001+05:30</published><updated>2015-02-19T23:25:14.904+05:30</updated><category scheme="http://www.blogger.com/atom/ns#" term="Acme"/><category scheme="http://www.blogger.com/atom/ns#" term="Azure"/><category scheme="http://www.blogger.com/atom/ns#" term="Bids"/><category scheme="http://www.blogger.com/atom/ns#" term="Indiabulls"/><category scheme="http://www.blogger.com/atom/ns#" term="Punjab"/><category scheme="http://www.blogger.com/atom/ns#" term="Renewables"/><category scheme="http://www.blogger.com/atom/ns#" term="Solaire Direct"/><category scheme="http://www.blogger.com/atom/ns#" term="Solar"/><title type='text'>Bid Results of 250 MW Punjab Solar Tender - Indiabulls, ACME, Solaire Direct, Azure bag contracts</title><content type='html'>&lt;p class=&quot;body&quot; style=&quot;margin-bottom: 20px; font-family: georgia, &#39;Times New Roman&#39;, times, serif; color: #3b3a39; outline-style: none; margin-top: 0px; line-height: 16px&quot;&gt;&lt;em&gt;&lt;strong&gt;&lt;/strong&gt;&lt;/em&gt;&amp;nbsp;&lt;/p&gt; &lt;p class=&quot;body&quot; style=&quot;margin-bottom: 20px; font-family: georgia, &#39;Times New Roman&#39;, times, serif; color: #3b3a39; outline-style: none; margin-top: 0px; line-height: 16px&quot;&gt;&lt;img title=&quot;image&quot; style=&quot;border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; float: left; padding-top: 0px; padding-left: 0px; margin: 0px 5px 0px 0px; border-left: 0px; display: inline; padding-right: 0px&quot; border=&quot;0&quot; alt=&quot;image&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjf8pa4q0CO7dqKvVRVp-2tDht3O7PbNqtnDVKW5za4N0aoAwYrk7t9NVs87E3v9RvyOuoUeZasELswGuPuYI-ijdRQm7IFTo6pyZlpFJQ93EQyyZHExcHvuPD63URoS5ZuvApEK-HFow/?imgmax=800&quot; width=&quot;204&quot; align=&quot;left&quot; height=&quot;128&quot;&gt;&lt;/p&gt; &lt;p&gt;&lt;strong&gt;&lt;em&gt;Crocus Infra of the Indiabulls group, Delhi-based ACME, French company Solaire Direct, and the American firm, Azure Power, are among those to have won mandates to put up solar power projects in Punjab.&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p&gt;The Delhi-based ACME group has won rights to put up 74 MW solar power projects in a bidding process put through by the Punjab Electricity Development Agency (PEDA). It has won 24 MW bidding a tariff ofRs. 7.16 a kWhr and another 50 MW for Rs. 7.06 kWhr.&lt;/p&gt; &lt;p&gt;The group will put up these projects with an investment of Rs. 600 crore and the electricity will be sold to the state distribution company at these tariffs.&lt;/p&gt; &lt;p&gt;With this, ACME’s total solar projects under development in the country have crossed the 700-MW-mark.&lt;/p&gt; &lt;ul&gt; &lt;li&gt;Crosus picked up 78 MW (24 MW for Rs. 7.42; 50 MW for Rs. 7.56 and 4 MW for Rs. 7.45).&lt;/li&gt; &lt;li&gt;Solaire Direct got up 54 MW (for Rs. 6.88)&lt;/li&gt; &lt;li&gt;Azure Power 28 MW (24 MW for Rs. 7.19 and 4 MW for Rs. 7.33)&lt;/li&gt;&lt;/ul&gt; &lt;p&gt;PEDA had issued a tender to buy solar electricity from 250 MW of projects. The total capacity was divided into three categories, with maximum bid-able capacity of 24 MW, 50 MW and 5 MW by a single company under each category. ACME won the highest allowed in the first two categories.&lt;/p&gt; &lt;p&gt;This is the second tender of PEDA. The first was in 2013, when the state selected companies to build 300 MW of solar power projects. Then, 27 companies won mandates to put up solar plants of 251 MW and sell electricity at tariffs arrived at through the bidding process. Back then, all but four of the 27 quoted tariffs higher than Rs. 8.24. Of the four, only two, of 2 MW each, were below Rs. 7.50, one of them Rs.7.47 and the other Rs. 7.20.&lt;/p&gt; &lt;p&gt;Punjab is a state of 50,000 sq km land, home to 27.7 million Punjabis. The state enjoys solar radiation of 5-5.5 kWhr/metre square per day.&lt;/p&gt; &lt;p class=&quot;body&quot; style=&quot;margin-bottom: 20px; font-family: georgia, &#39;Times New Roman&#39;, times, serif; color: #3b3a39; outline-style: none; margin-top: 0px; line-height: 16px&quot;&gt;&lt;a href=&quot;http://www.thehindubusinessline.com/companies/indiabulls-acme-solaire-direct-azure-among-winners-in-punjab-solar-bids/article6912473.ece?utm_source=RSS_Feed&amp;amp;utm_medium=RSS&amp;amp;utm_campaign=RSS_Syndication&amp;amp;utm_reader=feedly&quot;&gt;Source&lt;/a&gt;&lt;/p&gt;  </content><link rel='replies' type='application/atom+xml' href='http://powerind.blogspot.com/feeds/6246996235758043362/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://powerind.blogspot.com/2015/02/bid-results-of-250-mw-punjab-solar.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/6246996235758043362'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/6246996235758043362'/><link rel='alternate' type='text/html' href='http://powerind.blogspot.com/2015/02/bid-results-of-250-mw-punjab-solar.html' title='Bid Results of 250 MW Punjab Solar Tender - Indiabulls, ACME, Solaire Direct, Azure bag contracts'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/02062818443006094580</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjf8pa4q0CO7dqKvVRVp-2tDht3O7PbNqtnDVKW5za4N0aoAwYrk7t9NVs87E3v9RvyOuoUeZasELswGuPuYI-ijdRQm7IFTo6pyZlpFJQ93EQyyZHExcHvuPD63URoS5ZuvApEK-HFow/s72-c?imgmax=800" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-7957523547905860296.post-4713970522860368860</id><published>2015-02-17T21:57:00.001+05:30</published><updated>2015-02-17T21:57:02.041+05:30</updated><category scheme="http://www.blogger.com/atom/ns#" term="Gujarat"/><category scheme="http://www.blogger.com/atom/ns#" term="INOX"/><category scheme="http://www.blogger.com/atom/ns#" term="Renewables"/><category scheme="http://www.blogger.com/atom/ns#" term="Wind"/><title type='text'>Inox Wind signs MoU for 700 MW Wind Power Project with Gujarat</title><content type='html'>&lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;img title=&quot;image&quot; style=&quot;border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; float: left; padding-top: 0px; padding-left: 0px; margin: 0px 5px 0px 0px; border-left: 0px; display: inline; padding-right: 0px&quot; border=&quot;0&quot; alt=&quot;image&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjDHuEEpUSVAonzanEC60WsEWuDyu0ksSlt7v8A6LqTHZ-muGyMBtGe87_UnbxUbGiYA_0SzK1kgNfweek2gJ3QdJOkTS0aXIr1uEoxmtUMgboafFdux9x3QX0OL8Ye0wW5w2ifAFr2_A/?imgmax=800&quot; width=&quot;204&quot; align=&quot;left&quot; height=&quot;204&quot;&gt;&lt;/p&gt; &lt;p&gt;&lt;strong&gt;&lt;em&gt;Inox Wind has signed a Rs 4,500 crore preliminary agreement with Gujarat for setting up a 700 MW wind power plant in the state.&lt;/em&gt;&lt;/strong&gt; &lt;/p&gt; &lt;p&gt;The MOU will be implemented over next 2 years in 3 districts of Gujarat - Rajkot, Amreli and Kutch. &lt;/p&gt; &lt;p&gt;According to the company, it had an order book of 1,258 MW as of December 31. Inox&#39;s customers include Green Infra, Continuum Wind Energy, Tata Power, Welspun Energy, Bhilwara Energy, ReNew Power Ventures, Hero Future Energies and a subsidiary of CESC. &lt;/p&gt; &lt;p&gt;In Madhya Pradesh, it is setting up an integrated wind turbine manufacturing facility.&lt;/p&gt; &lt;p&gt;&lt;a href=&quot;http://economictimes.indiatimes.com/industry/energy/power/inox-wind-signs-rs-4500-crore-pact-with-gujarat-for-power-plant/articleshow/46276459.cms&quot; target=&quot;_blank&quot;&gt;Source&lt;/a&gt;&lt;/p&gt;  </content><link rel='replies' type='application/atom+xml' href='http://powerind.blogspot.com/feeds/4713970522860368860/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://powerind.blogspot.com/2015/02/inox-wind-signs-mou-for-700-mw-wind.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/4713970522860368860'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/4713970522860368860'/><link rel='alternate' type='text/html' href='http://powerind.blogspot.com/2015/02/inox-wind-signs-mou-for-700-mw-wind.html' title='Inox Wind signs MoU for 700 MW Wind Power Project with Gujarat'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/02062818443006094580</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjDHuEEpUSVAonzanEC60WsEWuDyu0ksSlt7v8A6LqTHZ-muGyMBtGe87_UnbxUbGiYA_0SzK1kgNfweek2gJ3QdJOkTS0aXIr1uEoxmtUMgboafFdux9x3QX0OL8Ye0wW5w2ifAFr2_A/s72-c?imgmax=800" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-7957523547905860296.post-6895233615480801199</id><published>2015-02-17T21:47:00.001+05:30</published><updated>2015-02-17T21:47:34.474+05:30</updated><category scheme="http://www.blogger.com/atom/ns#" term="Andhra Pradesh"/><category scheme="http://www.blogger.com/atom/ns#" term="Contracts"/><category scheme="http://www.blogger.com/atom/ns#" term="Mytrah"/><category scheme="http://www.blogger.com/atom/ns#" term="Projects"/><category scheme="http://www.blogger.com/atom/ns#" term="Renewables"/><category scheme="http://www.blogger.com/atom/ns#" term="Wind"/><title type='text'>Mytrah Energy received contract for 220 MW Wind Power Project by AP Government</title><content type='html'>&lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;img title=&quot;image&quot; style=&quot;border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; float: left; padding-top: 0px; padding-left: 0px; margin: 0px 5px 0px 0px; border-left: 0px; display: inline; padding-right: 0px&quot; border=&quot;0&quot; alt=&quot;image&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi6qxP-TZBs-A5_5xMJmMiLv0nIIU7hC6GB09-TdRa2AX8ZqsTT9FUs6oz8ISSFOubfM_e546chrZ5o0UvbY-6qu6TjqXbefZNFs-yX10VOJ3d_PQGfiJSb-ybEk1jJRSDLO8xZwAGMJg/?imgmax=800&quot; width=&quot;204&quot; align=&quot;left&quot; height=&quot;129&quot;&gt;&lt;/p&gt; &lt;p&gt;Mytrah Energy ltd has received a 220 MW Wind Power project from the Andhra Pradesh Government.&lt;/p&gt; &lt;p&gt;The project will be installed in Kurnool district and is expected to be commissioned in 18 months. &lt;/p&gt; &lt;p&gt;Mytrah energy currently has an operating portfolio of 543MW across seven wind rich states. &lt;/p&gt; &lt;p&gt;In addition, the company has 300MW projects under construction and 3,500MW of identified projects in the pipeline.&lt;/p&gt; &lt;p&gt;&lt;a href=&quot;http://timesofindia.indiatimes.com/business/india-business/Mytrah-bags-220MW-wind-power-project-from-Andhra-Pradesh/articleshow/46269528.cms&quot; target=&quot;_blank&quot;&gt;Source&lt;/a&gt;&lt;/p&gt;  </content><link rel='replies' type='application/atom+xml' href='http://powerind.blogspot.com/feeds/6895233615480801199/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://powerind.blogspot.com/2015/02/mytrah-energy-received-contract-for-220.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/6895233615480801199'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/6895233615480801199'/><link rel='alternate' type='text/html' href='http://powerind.blogspot.com/2015/02/mytrah-energy-received-contract-for-220.html' title='Mytrah Energy received contract for 220 MW Wind Power Project by AP Government'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/02062818443006094580</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi6qxP-TZBs-A5_5xMJmMiLv0nIIU7hC6GB09-TdRa2AX8ZqsTT9FUs6oz8ISSFOubfM_e546chrZ5o0UvbY-6qu6TjqXbefZNFs-yX10VOJ3d_PQGfiJSb-ybEk1jJRSDLO8xZwAGMJg/s72-c?imgmax=800" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-7957523547905860296.post-2557112195595768974</id><published>2015-02-17T21:32:00.001+05:30</published><updated>2015-02-17T21:32:50.390+05:30</updated><category scheme="http://www.blogger.com/atom/ns#" term="MNRE"/><category scheme="http://www.blogger.com/atom/ns#" term="NTPC"/><category scheme="http://www.blogger.com/atom/ns#" term="Renewables"/><category scheme="http://www.blogger.com/atom/ns#" term="Solar"/><title type='text'>NTPC to invest $10 billion for building renewable projects</title><content type='html'>&lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;img title=&quot;image&quot; style=&quot;border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; float: left; padding-top: 0px; padding-left: 0px; margin: 0px 5px 0px 0px; border-left: 0px; display: inline; padding-right: 0px&quot; border=&quot;0&quot; alt=&quot;image&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg9m2VPYd_0fRj9-xVqVIMj5eR_3261Yeo5ANVYPLy927sND1qCGX9JdI7cuR__OqE_VyDWHK_e6lOk7MxH9R6f2y12jcd6Ylbyx6grQy8ac5um98Ow_IuZUZW0n-tf1Mg-GDxupmceGw/?imgmax=800&quot; width=&quot;204&quot; align=&quot;left&quot; height=&quot;119&quot;&gt; &lt;p&gt;&lt;strong&gt;&lt;em&gt;National Thermal Power Corporation (NTPC) is planning to invest around Rs 60,000 Crs (USD 10 billion) for development of around 10,000 MW of Renewable Energy Projects in the next five years.&lt;/em&gt;&lt;/strong&gt; &lt;p&gt;&lt;strong&gt;&lt;em&gt;&lt;/em&gt;&lt;/strong&gt; &lt;p&gt;&lt;strong&gt;&lt;em&gt;&lt;/em&gt;&lt;/strong&gt; &lt;p&gt;As per the statement issued by the company, it will add 10,000 MW to its existing capacity of 43,143 MW through solar projects in the next five years. &lt;b&gt;&lt;/b&gt; &lt;p&gt;&lt;b&gt;&lt;/b&gt; &lt;p&gt;NTPC currently has around 110 MW of renewable power projects. &lt;b&gt;&lt;/b&gt; &lt;p&gt;&lt;b&gt;&lt;/b&gt; &lt;p&gt;Recently, NTPC signed a term loan agreement of Rs 10,000 Crs and Rs 2,000 Crs with state-run SBI and Bank of Baroda, respectively, for partially funding its capital expenditure. &lt;b&gt;&lt;/b&gt; &lt;p&gt;&lt;b&gt;&lt;/b&gt; &lt;p&gt;It has also floated Notice Inviting Tender (NITs) for four solar projects of 250 MW each in Andhra Pradesh, Madhya Pradesh, Telangana and Rajasthan and one 500 MW project in Andhra Pradesh. &lt;b&gt;&lt;/b&gt; &lt;p&gt;&lt;b&gt;&lt;/b&gt; &lt;p&gt;The first 250 MW Solar project in Anantapur in Andhra Pradesh is expected to be awarded by the end of next month.&lt;b&gt;&lt;/b&gt; &lt;p&gt;&lt;b&gt;&lt;/b&gt; &lt;p&gt;&lt;a href=&quot;http://economictimes.indiatimes.com/industry/energy/power/ntpc-to-invest-10-billion-for-building-renewable-projects/articleshow/46272195.cms&quot;&gt;Source&lt;/a&gt;  </content><link rel='replies' type='application/atom+xml' href='http://powerind.blogspot.com/feeds/2557112195595768974/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://powerind.blogspot.com/2015/02/ntpc-to-invest-10-billion-for-building.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/2557112195595768974'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/2557112195595768974'/><link rel='alternate' type='text/html' href='http://powerind.blogspot.com/2015/02/ntpc-to-invest-10-billion-for-building.html' title='NTPC to invest $10 billion for building renewable projects'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/02062818443006094580</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg9m2VPYd_0fRj9-xVqVIMj5eR_3261Yeo5ANVYPLy927sND1qCGX9JdI7cuR__OqE_VyDWHK_e6lOk7MxH9R6f2y12jcd6Ylbyx6grQy8ac5um98Ow_IuZUZW0n-tf1Mg-GDxupmceGw/s72-c?imgmax=800" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-7957523547905860296.post-2120629770811620068</id><published>2015-02-16T10:42:00.001+05:30</published><updated>2015-02-16T10:42:11.000+05:30</updated><category scheme="http://www.blogger.com/atom/ns#" term="First Solar"/><category scheme="http://www.blogger.com/atom/ns#" term="Manufacturing"/><category scheme="http://www.blogger.com/atom/ns#" term="Renewables"/><category scheme="http://www.blogger.com/atom/ns#" term="Solar"/><title type='text'>First Solar is planning to put up solar manufacturing facility in India</title><content type='html'>&lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;img title=&quot;image&quot; style=&quot;border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; float: left; padding-top: 0px; padding-left: 0px; margin: 0px 5px 0px 0px; border-left: 0px; display: inline; padding-right: 0px&quot; border=&quot;0&quot; alt=&quot;image&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhBOfTOyyw9KzI111RsUFdhnw-wojJyqrG_TeDVDC3Tiuuajfsl-oPlfFsRSrvqoZdVO_GPeeCStkYCT-VZ6aCPtv3a4rheEppB7TKY5iSiEU2V57OsjliTpPhJlmdrp7eVnpdUku8Elg/?imgmax=800&quot; width=&quot;204&quot; align=&quot;left&quot; height=&quot;155&quot;&gt;&lt;/p&gt; &lt;p&gt;&lt;strong&gt;&lt;em&gt;According to sources, US based renewable energy major First Solar is actively evaluating possibilities for setting up a solar modules manufacturing facility in India. &lt;/em&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p&gt;According to the company the move is to tap into the country’s growing renewable power market given the Government’s recent thrust on the sector.&lt;/p&gt; &lt;p&gt;However, the company hasn&#39;t yet made a decision as it depends upon how demand develops over the next several years.&lt;/p&gt; &lt;p&gt;As said by the Company&lt;/p&gt; &lt;blockquote&gt; &lt;p&gt;&quot;We have continuously evaluated the possibility of putting manufacturing in India and there are many reasons that it might, at some point, be attractive. We need to see continuous and sustainable demand and we need to see visible demand into the future before it will justify the level of capital investment that is involved.”&lt;/p&gt;&lt;/blockquote&gt; &lt;p&gt;During the RE-INVEST, First Solar has committed to to build projects to generate 5 GW of solar power in India by 2019.&lt;/p&gt; &lt;p&gt;&lt;a href=&quot;http://economictimes.indiatimes.com/industry/energy/power/americas-first-solar-mulls-setting-up-plant-in-india/articleshow/46257005.cms&quot; target=&quot;_blank&quot;&gt;Source&lt;/a&gt;&lt;/p&gt;  </content><link rel='replies' type='application/atom+xml' href='http://powerind.blogspot.com/feeds/2120629770811620068/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://powerind.blogspot.com/2015/02/first-solar-is-planning-to-put-up-solar.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/2120629770811620068'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/2120629770811620068'/><link rel='alternate' type='text/html' href='http://powerind.blogspot.com/2015/02/first-solar-is-planning-to-put-up-solar.html' title='First Solar is planning to put up solar manufacturing facility in India'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/02062818443006094580</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhBOfTOyyw9KzI111RsUFdhnw-wojJyqrG_TeDVDC3Tiuuajfsl-oPlfFsRSrvqoZdVO_GPeeCStkYCT-VZ6aCPtv3a4rheEppB7TKY5iSiEU2V57OsjliTpPhJlmdrp7eVnpdUku8Elg/s72-c?imgmax=800" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-7957523547905860296.post-598194761609628146</id><published>2015-02-16T10:29:00.001+05:30</published><updated>2015-02-16T10:29:55.398+05:30</updated><category scheme="http://www.blogger.com/atom/ns#" term="Andhra Pradesh"/><category scheme="http://www.blogger.com/atom/ns#" term="Policy"/><category scheme="http://www.blogger.com/atom/ns#" term="Renewables"/><category scheme="http://www.blogger.com/atom/ns#" term="Solar"/><category scheme="http://www.blogger.com/atom/ns#" term="Wind"/><title type='text'>Andhra Pradesh signs MoUs for 4200 MW of Renewable Energy Projects and unveils policies for Solar &amp;amp; Wind Energy</title><content type='html'>&lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;img title=&quot;image&quot; style=&quot;border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; float: left; padding-top: 0px; padding-left: 0px; margin: 0px 5px 0px 0px; border-left: 0px; display: inline; padding-right: 0px&quot; border=&quot;0&quot; alt=&quot;image&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhL8XnjYtTFKbOIAs5HVxU2AV_3WRcZp29frSM7-OI4VLYTAQ1DGHnMfSxDz8CmJIl7Pw3UT4GmNPS1qCY7L8qnChnS9e33ai4X_RF3ZcBJj_zHjeLiE6Wa4RBjxc7NWGh_YbHnvSw4yg/?imgmax=800&quot; width=&quot;204&quot; align=&quot;left&quot; height=&quot;140&quot;&gt;&lt;/p&gt; &lt;p&gt;&lt;strong&gt;&lt;em&gt;Andhra Pradesh Government signed Memorandum of Understanding (MoUs for generation of 4,000 MW of wind power and 200 MW of hybrid power in the State during the first Renewable Energy Global Investors Meet and Expo (RE-INVEST).&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p&gt;Andhra Pradesh Government also policies for the wind and solar power projects.&amp;nbsp; &lt;/p&gt; &lt;p&gt;According to the State Government, around Rs 8.5 billion investment is expected in the transmission &amp;amp; distribution and a huge investment in solar power projects.&lt;/p&gt; &lt;p&gt;The State Government has assured the green energy investors speedy clearances, several exemptions, faster execution schemes, vast land bank, committed bureaucracy and political will for the effective and efficient development of Renewable Energy Projects in the State.&lt;/p&gt; &lt;p&gt;The State Government has proposed the investors to enter into tripartite agreements with the State Discoms and State Government.&lt;/p&gt; &lt;p&gt;&lt;a href=&quot;http://www.newindianexpress.com/states/andhra_pradesh/Andhra-Pradesh-Eyes-Rs-850-cr-Investments-in-Power-Sector/2015/02/16/article2670998.ece&quot; target=&quot;_blank&quot;&gt;Source&lt;/a&gt;&lt;/p&gt;  </content><link rel='replies' type='application/atom+xml' href='http://powerind.blogspot.com/feeds/598194761609628146/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://powerind.blogspot.com/2015/02/andhra-pradesh-signs-mous-for-4200-mw.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/598194761609628146'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/598194761609628146'/><link rel='alternate' type='text/html' href='http://powerind.blogspot.com/2015/02/andhra-pradesh-signs-mous-for-4200-mw.html' title='Andhra Pradesh signs MoUs for 4200 MW of Renewable Energy Projects and unveils policies for Solar &amp;amp; Wind Energy'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/02062818443006094580</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhL8XnjYtTFKbOIAs5HVxU2AV_3WRcZp29frSM7-OI4VLYTAQ1DGHnMfSxDz8CmJIl7Pw3UT4GmNPS1qCY7L8qnChnS9e33ai4X_RF3ZcBJj_zHjeLiE6Wa4RBjxc7NWGh_YbHnvSw4yg/s72-c?imgmax=800" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-7957523547905860296.post-7729417192132403456</id><published>2015-02-15T22:32:00.001+05:30</published><updated>2015-02-15T22:32:02.756+05:30</updated><category scheme="http://www.blogger.com/atom/ns#" term="Renewables"/><category scheme="http://www.blogger.com/atom/ns#" term="Solar"/><category scheme="http://www.blogger.com/atom/ns#" term="Welspun"/><category scheme="http://www.blogger.com/atom/ns#" term="Wind"/><title type='text'>Welspun Renewables Makes a Green Energy Commitment of 11,001 MW</title><content type='html'>&lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;img title=&quot;image&quot; style=&quot;border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; float: left; padding-top: 0px; padding-left: 0px; margin: 0px 5px 0px 0px; border-left: 0px; display: inline; padding-right: 0px&quot; border=&quot;0&quot; alt=&quot;image&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiM8KkK57v28RcyRbiXF7dHKxKxUye0HDICybcvVnRp2uVEwkaMIe5wSgVE53ZGdmMsjtxYYwmzoGxhHPHIDShtUX2RaWSG9oEuBeMgkH3pBqOmfASTwlApwCFTQFp5fHM69BhgTiNmgA/?imgmax=800&quot; width=&quot;204&quot; align=&quot;left&quot; height=&quot;142&quot;&gt; &lt;p&gt;&lt;strong&gt;&lt;em&gt;Welspun Renewables, India’s leading renewable energy generator has pledged to set up mega 11 GW solar and wind projects across the country.&lt;/em&gt;&lt;/strong&gt;  &lt;p&gt;The 11001 MW capacity will be developed as 8660 MW of solar and 2341 MW of wind power projects. . In line with supporting Prime Minister Narendra Modi’s vision of 100 GW, Welspun Renewables will be formally announcing this commitment in the presence of Honorable Shri Modiji and other prominent global and national policymakers tomorrow morning at RE-INVEST.&lt;u&gt;&lt;/u&gt;&lt;u&gt;&lt;/u&gt; &lt;p&gt;&lt;u&gt;&lt;/u&gt;&lt;u&gt;&lt;/u&gt; &lt;p&gt;Statement made by Mr. Mittal on this occasion: &lt;i&gt;“We believe in Honorable Prime Minister Modi’s vision and are committed to doing our utmost in exponentially increasing India’s green energy capacities. Under the aegis of Shri Modiji India has emerged as one of the most conducive regions for renewable energy development. Our 11001 MW commitment is a direct reflection of how the solar and wind energy industries will be growing in the future. We would like to thank both the MNRE and the state governments for giving us their support in developing our current and previous projects.”&lt;u&gt;&lt;/u&gt;&lt;u&gt;&lt;/u&gt;&lt;/i&gt; &lt;p&gt;&lt;i&gt;&lt;u&gt;&lt;/u&gt;&lt;u&gt;&lt;/u&gt;&lt;/i&gt; &lt;p&gt;Welspun Renewables will be commissioning over 1 GW of solar and wind capacities well within this calendar year - December 2015. &lt;p&gt;Source: Welspun Press Release&lt;/p&gt;  </content><link rel='replies' type='application/atom+xml' href='http://powerind.blogspot.com/feeds/7729417192132403456/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://powerind.blogspot.com/2015/02/welspun-renewables-makes-green-energy.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/7729417192132403456'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/7729417192132403456'/><link rel='alternate' type='text/html' href='http://powerind.blogspot.com/2015/02/welspun-renewables-makes-green-energy.html' title='Welspun Renewables Makes a Green Energy Commitment of 11,001 MW'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/02062818443006094580</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiM8KkK57v28RcyRbiXF7dHKxKxUye0HDICybcvVnRp2uVEwkaMIe5wSgVE53ZGdmMsjtxYYwmzoGxhHPHIDShtUX2RaWSG9oEuBeMgkH3pBqOmfASTwlApwCFTQFp5fHM69BhgTiNmgA/s72-c?imgmax=800" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-7957523547905860296.post-4609664033655424939</id><published>2015-02-15T22:20:00.001+05:30</published><updated>2015-02-15T22:20:07.788+05:30</updated><category scheme="http://www.blogger.com/atom/ns#" term="Gamesa"/><category scheme="http://www.blogger.com/atom/ns#" term="Policy"/><category scheme="http://www.blogger.com/atom/ns#" term="Renewables"/><category scheme="http://www.blogger.com/atom/ns#" term="RPower"/><category scheme="http://www.blogger.com/atom/ns#" term="Solar"/><category scheme="http://www.blogger.com/atom/ns#" term="SunEdison"/><category scheme="http://www.blogger.com/atom/ns#" term="Suzlon"/><category scheme="http://www.blogger.com/atom/ns#" term="Wind"/><title type='text'>2,66,000 MW Renewable Energy Projects commitment given by 293 companies</title><content type='html'>&lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;img title=&quot;image&quot; style=&quot;border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; float: left; padding-top: 0px; padding-left: 0px; margin: 0px 5px 0px 0px; border-left: 0px; display: inline; padding-right: 0px&quot; border=&quot;0&quot; alt=&quot;image&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiaGsKxCS2ygUPknszbg90XWfuUOKddMmUoJ_ZXUI6bjUKqzlx7wBq3hpPkVK6QfkkQuUl5h7Oxuu5QVUG74JJpoeNlMcH7Me82hdcjhTZR4-NiHrzq4IP15WcfjYV2AFqHa4gIty-CNg/?imgmax=800&quot; width=&quot;204&quot; align=&quot;left&quot; height=&quot;164&quot;&gt;&lt;/p&gt; &lt;p&gt;&lt;strong&gt;&lt;em&gt;During the first Renewable Energy Global Investors Meet (RE-Invest), commitment to develop as much as 2,66,000 MW of Renewable Energy Projects has been given by around 293 companies.&lt;/em&gt;&lt;/strong&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;Some of them have also assured to put up equipment manufacturing plants as well. &lt;/p&gt; &lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;ul&gt; &lt;li&gt;Renewable energy companies including Suzlon and Gamesa have committed to manufacture equipment to help generate 11,000 MW and 7,500 MW of power respectively to be used in the non conventional energy side. &lt;/li&gt; &lt;li&gt;Country&#39;s largest power producer NTPC has also said it would generate 10,000 MW of power through green sources in the next five years. &lt;/li&gt; &lt;li&gt;Among others are Welspun Energy with a target to generate 11,000 MW renewable energy, followed by ReNew Power 11,500 MW capacity, Reliance Power 6,000 MW, Hindustan Powerprojects 10,000 MW and Sun Edison 15,000 MW. &lt;/li&gt;&lt;/ul&gt; &lt;p&gt;Country&#39;s biggest lender SBI has said it will finance 15,000 mw renewable energy over the next five years.&lt;/p&gt; &lt;p&gt;&lt;a href=&quot;http://economictimes.indiatimes.com/industry/energy/power/293-firms-commit-to-generate-266-gw-renewable-energy-in-5-yrs/articleshow/46251764.cms&quot; target=&quot;_blank&quot;&gt;Source&lt;/a&gt;&lt;/p&gt;  </content><link rel='replies' type='application/atom+xml' href='http://powerind.blogspot.com/feeds/4609664033655424939/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://powerind.blogspot.com/2015/02/266000-mw-renewable-energy-projects.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/4609664033655424939'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/4609664033655424939'/><link rel='alternate' type='text/html' href='http://powerind.blogspot.com/2015/02/266000-mw-renewable-energy-projects.html' title='2,66,000 MW Renewable Energy Projects commitment given by 293 companies'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/02062818443006094580</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiaGsKxCS2ygUPknszbg90XWfuUOKddMmUoJ_ZXUI6bjUKqzlx7wBq3hpPkVK6QfkkQuUl5h7Oxuu5QVUG74JJpoeNlMcH7Me82hdcjhTZR4-NiHrzq4IP15WcfjYV2AFqHa4gIty-CNg/s72-c?imgmax=800" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-7957523547905860296.post-5213785622841434478</id><published>2015-02-15T22:06:00.001+05:30</published><updated>2015-02-15T22:06:07.961+05:30</updated><category scheme="http://www.blogger.com/atom/ns#" term="Finance"/><category scheme="http://www.blogger.com/atom/ns#" term="Renewables"/><category scheme="http://www.blogger.com/atom/ns#" term="SBI"/><category scheme="http://www.blogger.com/atom/ns#" term="Solar"/><category scheme="http://www.blogger.com/atom/ns#" term="Wind"/><title type='text'>SBI commit Rs 75,000 Crs loan for 15,000 MW of Renewable Energy Projects</title><content type='html'>&lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;img title=&quot;image&quot; style=&quot;border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; float: left; padding-top: 0px; padding-left: 0px; margin: 0px 5px 0px 0px; border-left: 0px; display: inline; padding-right: 0px&quot; border=&quot;0&quot; alt=&quot;image&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgCaBp0Pgh9Dk-TiUO8jjIFHrPNTRd3hb3o6lspcl5HhkuodCWzRKpzZHVB8WfQNJfC0sqgxm35xBOFPxwJRxYe6a7aY8k2HOigQleSj9a6i0tNmeO-vdbqKD_IShLbtmFtgfg9PbDvNQ/?imgmax=800&quot; width=&quot;204&quot; align=&quot;left&quot; height=&quot;154&quot;&gt;&lt;/p&gt; &lt;p&gt;State Bank of India (SBI) committed Rs 75,000 Crs for the 15,000 MW capacity of Renewable Energy Projects to be executed in next 5 years.&lt;/p&gt; &lt;p&gt;Current exposure of SBI is Rs 1,78,000 Crs in the power sector including conventional energy projects as well as Distribution Utilities. &lt;/p&gt; &lt;p&gt;However, SBI has denied any concessional rate of interest for the Renewable Energy Projects as per the current norms. According to it the rate be reduced provided RBI classifies the renewable energy in the priority sector lending category which would provide incentives to banks for lending to this segment.&lt;/p&gt; &lt;p&gt;As per RBI norms, banks have to necessarily lend 40 per cent of the total loans towards priority sector category. &lt;/p&gt; &lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;a href=&quot;http://economictimes.indiatimes.com/industry/energy/power/sbi-commits-rs-75000-crore-for-financing-clean-energy-generation/articleshow/46252517.cms&quot; target=&quot;_blank&quot;&gt;Source&lt;/a&gt;&lt;/p&gt;  </content><link rel='replies' type='application/atom+xml' href='http://powerind.blogspot.com/feeds/5213785622841434478/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://powerind.blogspot.com/2015/02/sbi-commit-rs-75000-crs-loan-for-15000.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/5213785622841434478'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/5213785622841434478'/><link rel='alternate' type='text/html' href='http://powerind.blogspot.com/2015/02/sbi-commit-rs-75000-crs-loan-for-15000.html' title='SBI commit Rs 75,000 Crs loan for 15,000 MW of Renewable Energy Projects'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/02062818443006094580</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgCaBp0Pgh9Dk-TiUO8jjIFHrPNTRd3hb3o6lspcl5HhkuodCWzRKpzZHVB8WfQNJfC0sqgxm35xBOFPxwJRxYe6a7aY8k2HOigQleSj9a6i0tNmeO-vdbqKD_IShLbtmFtgfg9PbDvNQ/s72-c?imgmax=800" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-7957523547905860296.post-7041789914041482865</id><published>2015-02-12T20:12:00.001+05:30</published><updated>2015-02-12T20:12:56.429+05:30</updated><category scheme="http://www.blogger.com/atom/ns#" term="Manufacturing"/><category scheme="http://www.blogger.com/atom/ns#" term="Renewables"/><category scheme="http://www.blogger.com/atom/ns#" term="Solar"/><category scheme="http://www.blogger.com/atom/ns#" term="waaree"/><title type='text'>WAAREE Energies ramps up solar PV module manufacturing capacity to 500 MW in Gujarat…</title><content type='html'>&lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;a href=&quot;http://www.indianpowersphere.com/&quot; target=&quot;_blank&quot;&gt;&lt;img title=&quot;image&quot; style=&quot;border-top: 0px; border-right: 0px; background-image: none; border-bottom: 0px; float: left; padding-top: 0px; padding-left: 0px; margin: 0px 5px 0px 0px; border-left: 0px; display: inline; padding-right: 0px&quot; border=&quot;0&quot; alt=&quot;image&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiDGFN-yDFH01EEdz8aEG1eZeg3kmmE2wZWGtyXIErMsXb4j48k5cCeoFAw2JGDiTLzoAARUL2YK53Ja56wQRtg0eI1Zs5rRR_2bUkoOdNVqLVH692xT3kc2s5bRc0HWq1dUkS3e1HTww/?imgmax=800&quot; width=&quot;204&quot; align=&quot;left&quot; height=&quot;113&quot;&gt;&lt;/a&gt;&lt;/p&gt; &lt;p&gt;WAAREE Energies Ltd. has completed the installation of an additional 250 MW of solar photovoltaic (PV) module manufacturing capacity, bringing the company&#39;s total annual manufacturing capacity to 500 MW. &lt;p&gt;With this installation, WAAREE&#39;s manufacturing plant in Surat, Gujarat has become the largest single location solar PV module manufacturing facility in India. &lt;p&gt;Earlier, WAAREE Energies have managed to secure ~40% of module supply contract in the DCR (Domestic Content Requirement) category, under National Solar Mission Phase II tenders.  &lt;p&gt;In order to meet the huge demand from Europe, UK, Japan &amp;amp; African countries, apart from the Indian markets, Company is already working to expand the production capacity to 1,000 MW which will be completed in the next four months. &lt;p&gt;&lt;a href=&quot;http://www.solarserver.com/solar-magazine/solar-news/current/2015/kw07/waaree-energies-ramps-up-solar-pv-module-manufacturing-capacity-to-500-mw-in-gujarat-india.html&quot; target=&quot;_blank&quot;&gt;Source&lt;/a&gt;  </content><link rel='replies' type='application/atom+xml' href='http://powerind.blogspot.com/feeds/7041789914041482865/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://powerind.blogspot.com/2015/02/waaree-energies-ramps-up-solar-pv.html#comment-form' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/7041789914041482865'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/7041789914041482865'/><link rel='alternate' type='text/html' href='http://powerind.blogspot.com/2015/02/waaree-energies-ramps-up-solar-pv.html' title='WAAREE Energies ramps up solar PV module manufacturing capacity to 500 MW in Gujarat…'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/02062818443006094580</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiDGFN-yDFH01EEdz8aEG1eZeg3kmmE2wZWGtyXIErMsXb4j48k5cCeoFAw2JGDiTLzoAARUL2YK53Ja56wQRtg0eI1Zs5rRR_2bUkoOdNVqLVH692xT3kc2s5bRc0HWq1dUkS3e1HTww/s72-c?imgmax=800" height="72" width="72"/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-7957523547905860296.post-3862003843131560691</id><published>2014-01-28T09:53:00.001+05:30</published><updated>2014-01-28T09:53:57.102+05:30</updated><category scheme="http://www.blogger.com/atom/ns#" term="BHEL"/><category scheme="http://www.blogger.com/atom/ns#" term="Projects"/><category scheme="http://www.blogger.com/atom/ns#" term="Renewables"/><category scheme="http://www.blogger.com/atom/ns#" term="Solar"/><title type='text'>Solar Plant in BHEL to be Commissioned in 2 Months...</title><content type='html'>&lt;p&gt;&amp;#160;&lt;/p&gt;  &lt;p&gt;&lt;img style=&quot;background-image: none; border-bottom: 0px; border-left: 0px; margin: 0px 5px 5px 0px; padding-left: 0px; padding-right: 0px; display: inline; float: left; border-top: 0px; border-right: 0px; padding-top: 0px&quot; title=&quot;Solar Plant in BHEL to be Commissioned in 2 Months...&quot; border=&quot;0&quot; alt=&quot;Solar Plant in BHEL to be Commissioned in 2 Months...&quot; align=&quot;left&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEit17Ez7fMyNVMqzhSjDHFLUISpl4N3ZFONuCAQgLJQ0aOQriQOw-jWSj0b0cEr1L6xWE3vYDWHiNCpVKk5qryGesIMtSe7Trlc2twutkeu6Bd5exspH0OMSw2vgC2TIYdWtj2dYFZeUA/?imgmax=800&quot; width=&quot;200&quot; height=&quot;120&quot; /&gt;&lt;/p&gt;  &lt;p&gt;&lt;strong&gt;&lt;em&gt;The 5 MW solar power plant being set up at the Boiler Auxiliary Plant (BAP), attached to the BHEL, at Ranipet, would be commissioned in the next two months, executive director of the plant Veeraraghavan said.&lt;/em&gt;&lt;/strong&gt;&lt;/p&gt;  &lt;p&gt;He said this while addressing a gathering on&amp;#160; Republic Day on Sunday.&amp;#160; Veeraraghavan said that the BHEL at Ranipet had commissioned the first ammonia gas conditioning System at TISCO, Jojobera, in collaboration with Heavy Water Board (HWB), Mumbai. In association with the Bhabha Atomic Research Centre (BARC), the BAP developed a brand new technology for simultaneous extraction of polluting sulphur oxide and nitrous oxide from boiler flue gas. This technology was unveiled by the President of India on 15 November, 2013, he added.&lt;/p&gt;  &lt;p&gt;The official noted that five Quality Circles of BHEL Ranipet had won gold medals in quality conventions held in Madurai, Chennai and Kolkata between September 2013 and December 2013.&lt;/p&gt;  &lt;p&gt;Further, he said, 365 employees of the plant had registered as eye donors in an eye donation camp held by the BAP. The BAP had also bagged an order for supply of a 4000- cubic metre Water Treatment Plant from OPAL, Dahej. This was the largest capacity pre-treatment system order that BHEL Ranipet had bagged so far, he said.&lt;/p&gt;  &lt;p&gt;As part of Corporate Social Responsibility, projects worth `35 lakhs were planned by the BAP for this year that included constructing a toilet and associated facilities for the vendors at the weekly Wednesday market in the township, building compound wall and providing a reverse osmosis drinking water facility for the Government Girls Higher Secondary School at Sholingur and constructing a kitchen with store room for the midday meal scheme at SRK- BHEL School.&lt;/p&gt;  &lt;p&gt;&lt;a href=&quot;http://www.newindianexpress.com/states/tamil_nadu/Solar-Plant-in-BHEL-to-be-Commissioned-in-2-Months/2014/01/28/article2023965.ece&quot; target=&quot;_blank&quot;&gt;Source&lt;/a&gt;&lt;/p&gt;  </content><link rel='replies' type='application/atom+xml' href='http://powerind.blogspot.com/feeds/3862003843131560691/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://powerind.blogspot.com/2014/01/solar-plant-in-bhel-to-be-commissioned.html#comment-form' title='1 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/3862003843131560691'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/3862003843131560691'/><link rel='alternate' type='text/html' href='http://powerind.blogspot.com/2014/01/solar-plant-in-bhel-to-be-commissioned.html' title='Solar Plant in BHEL to be Commissioned in 2 Months...'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/02062818443006094580</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEit17Ez7fMyNVMqzhSjDHFLUISpl4N3ZFONuCAQgLJQ0aOQriQOw-jWSj0b0cEr1L6xWE3vYDWHiNCpVKk5qryGesIMtSe7Trlc2twutkeu6Bd5exspH0OMSw2vgC2TIYdWtj2dYFZeUA/s72-c?imgmax=800" height="72" width="72"/><thr:total>1</thr:total></entry><entry><id>tag:blogger.com,1999:blog-7957523547905860296.post-5928725182388089668</id><published>2014-01-27T21:06:00.001+05:30</published><updated>2014-01-27T21:06:42.093+05:30</updated><category scheme="http://www.blogger.com/atom/ns#" term="Renewables"/><category scheme="http://www.blogger.com/atom/ns#" term="Solar"/><category scheme="http://www.blogger.com/atom/ns#" term="waaree"/><title type='text'>Waaree Group launches portal to expand retail business…</title><content type='html'>&lt;p&gt;&amp;nbsp;&lt;/p&gt; &lt;p&gt;&lt;a href=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhirgLU3uj7JxHpZ0iaSs8F5szJ6MZFM46setlVM0UYPCxE0ga-n4KxBNXb-nNnfgT3iDMcDCeJhAEJrYnJeJ29jvQgIzi5pT2ku-fyX7TIduV5KjN-ipFpN29HAAPbYaxmnUMaw5BeGQ/s1600-h/image%25255B2%25255D.png&quot;&gt;&lt;img style=&quot;background-image: none; border-bottom: 0px; border-left: 0px; margin: 0px 5px 0px 0px; padding-left: 0px; padding-right: 0px; display: inline; float: left; border-top: 0px; border-right: 0px; padding-top: 0px&quot; title=&quot;Waaree Group launches portal to expand retail business&amp;hellip;&quot; border=&quot;0&quot; alt=&quot;Waaree Group launches portal to expand retail business&amp;hellip;&quot; align=&quot;left&quot; src=&quot;https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiBMp3ET5Oip-XTAZhtfUA7Md88mAZbM7TKbaGFCo7Z_rTrH03Ce6SOdUMYaudCXTRP9KqW5BSZC9hvQSZCr0e9I76sQ12u_39DXlg8go1Pw4yjk8gICpbUmEKxsDGdCw4nLFEwx9okyw/?imgmax=800&quot; width=&quot;200&quot; height=&quot;132&quot;&gt;&lt;/a&gt;&lt;/p&gt; &lt;p&gt;&lt;strong&gt;&lt;em&gt;Diversified conglomerate Waaree Group launched a portal waareemall.in with an aim to provide an online platform for selling its solar products. &lt;/em&gt;&lt;/strong&gt;&lt;/p&gt; &lt;p&gt;Through this platform, Waaree will be able to offer a large range of its solar products like solar mobile charger, solar bag, solar battery charger, solar camping light and other portable products, the company said in a statement. &lt;/p&gt; &lt;p&gt;&quot;This online venture will help us in extending our business and facilitate our customers with convenient access to our products,&quot; chairman and managing director Hitesh Doshi said. &lt;/p&gt; &lt;p&gt;The portal will help the company enrich its customer database as the e-commerce venture follows a B2C model, he said. &lt;/p&gt; &lt;p&gt;Waaree Group is a multi-diverse technology group having forte in various verticals such as solar energy, industrial valves and level gauges and petroleum equipment. &lt;/p&gt; &lt;p&gt;&quot;In future, the platform will also sell our industrial retail products like valves and level gauges,&quot; Doshi said.&lt;br&gt;&lt;/p&gt; &lt;p&gt;&lt;a href=&quot;http://economictimes.indiatimes.com/news/news-by-industry/services/retail/waaree-group-launches-portal-to-expand-retail-business/articleshow/29448181.cms&quot; target=&quot;_blank&quot;&gt;Source&lt;/a&gt;&lt;/p&gt;  </content><link rel='replies' type='application/atom+xml' href='http://powerind.blogspot.com/feeds/5928725182388089668/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://powerind.blogspot.com/2014/01/waaree-group-launches-portal-to-expand.html#comment-form' title='1 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/5928725182388089668'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/7957523547905860296/posts/default/5928725182388089668'/><link rel='alternate' type='text/html' href='http://powerind.blogspot.com/2014/01/waaree-group-launches-portal-to-expand.html' title='Waaree Group launches portal to expand retail business…'/><author><name>Anonymous</name><uri>http://www.blogger.com/profile/02062818443006094580</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='16' height='16' src='https://img1.blogblog.com/img/b16-rounded.gif'/></author><media:thumbnail xmlns:media="http://search.yahoo.com/mrss/" url="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiBMp3ET5Oip-XTAZhtfUA7Md88mAZbM7TKbaGFCo7Z_rTrH03Ce6SOdUMYaudCXTRP9KqW5BSZC9hvQSZCr0e9I76sQ12u_39DXlg8go1Pw4yjk8gICpbUmEKxsDGdCw4nLFEwx9okyw/s72-c?imgmax=800" height="72" width="72"/><thr:total>1</thr:total></entry></feed>