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Renewable Energy to be the Largest Growth Component of Power Generation Over 5 Yrs: IEA

wirecable
The Indian government recently raised the target for renewable energy sources to 175 GW (giga watt) by 2022 October 3, 2015 Renewable energy will represent the largest single source of growth in power generation over the next five years on the back of falling costs and aggressive expansion in emerging......
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Gamesa Plans 100 MW of Solar Power in India

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It commissioned its first 9 MW solar photovoltaic (PV) power project in the southern Indian state of Tamil Nadu November 22, 2015 Gamesa has chosen one of the fastest-growing markets in the world to stage its comeback in the solar power sector. The Spanish renewable energy giant known for its......
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India Power Set to Acquire 3 Stressed Power Plants for up to Rs 800 Crore

wirecable
Three stressed power plants generate about 1,000 MW October 12, 2015 India Power Corp is in advanced talks to buy three stressed power plants with a combined capacity of about 1,000 MW. The Kolkata based company is also looking at expanding its electricity distribution area, for which it is holding......
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Reliance Infrastructure to Sell 49 Percent in Power Arm

wirecable
The deal includes the 500MW Dahanu power plant of Reliance Energy November 17, 2015 Anil Ambani-led Reliance Infrastructure (RInfra) plans to sell 49 percent of its power generation, transmission and distribution businesses related to its Mumbai operations to Public Sector Pension Investment Board (PSP Investments), one of the largest pension......

India Ranks 5th on Ease of Doing Clean Energy Business : Bloomberg New Energy Finance

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Policy reforms spur growth, low investment continues to hurt November 23, 2015 Considering India’s notable policy reforms in the renewable energy sector, Bloomberg New Energy Finance has ranked the country at fifth place on a list of 30 countries on ease of doing business in the renewable energy space. The......
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SunEdison Aims 400 MW of Solar Power Business in India: Sources

wirecable
It operates around 450 MW worth of solar plants in India November 24, 2015 SunEdison Inc plans to sell solar power capacity worth about 400 megawatts in India for roughly USD 350 million, as the US-based solar company looks to shed assets to boost balance sheet, said two sources with......

Lanco Set to Install a 100 MW Solar Unit in India

wirecable
Lanco has so far invested Rs 1,200 crore November 24, 2015 Lanco Infratech Ltd is looking at setting up a 100 MW solar cell manufacturing plant, adding to the existing solar power-related manufacturing units it has at their Chhattisgarh SEZ. The company has so far invested Rs.1,200 crore and plans......
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FUCHS: Lubricating the Way in

wirecable
Fuchs, known globally for its lubricants, has recently added Batyole Freedom Group in its ensemble making it more comprehensive for lubricant market. Fuchs Petrolub Se, founded in 1931 as a family firm in Mannheim, Germany, is nowadays a globally operating corporation, and the world’s leading supplier of lubricants among the......
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