This category contains 1110 posts

Vestas says fraud squad investigating ex-finance chief over two India agreements

According to reports, the former chief financial officer of Danish wind turbine maker Vestas Wind Systems A/S (VWS.CO) is being investigated by the country’s fraud squad over two agreements he made with an Indian firm, Vestas said. Vestas said it had contacted Denmark’s State Prosecutor for Serious Economic and International Crime in December, but only made … Continue reading

Wind energy to light up Maoist-hit Bastar

According to reports, if the efforts of the Chhattisgarh government produce results, the day is not far when wind energy would illuminate houses in the Maoist insurgency-hit Bastar district, an official said Thursday. The Chhattisgarh State Renewable Energy Development Agency (CREDA) has identified two villages in Bastar-Raikot in Tokapal block and Burgum in Bastanar block … Continue reading

Outages back in Tamil Nadu as wind plays hide and seek

According to reports, after a brief lull in electricity outages due to high output by windmills, Tamil Nadu Electricity Generation and Distribution Corporation (TANGEDCO) has been forced to revert to unscheduled power cuts of around 10 hours due to dip in wind power generation and outages in units of three power stations, including Madras Atomic Power … Continue reading

Gamesa signs 230 MW supply orders in India

Gamesa has announced the signing of two agreements for the supply of a total of 230 MW: 130 MW to China Light & Power India (CLP India) and 100 MW to Greenko Wind Project. Gamesa is present in India as technology provider and wind farm developer. The company has installed over 830 MW and manages … Continue reading

THDCIL to invest Rs 240 billion – diversify in wind and solar energy

According to reports, THDC India, a mini ratna company in the hydropower business, has finalised its corporate and financial plans, with an investment of Rs 24,000 crore in the next 10 years. “The total investment envisaged during the ten year period is around Rs 24,000 crore, to be funded through debt and equity, with equity … Continue reading

India’s Wind-Power Target Is up in the Air

According to reports, India’s ambitious push to increase the share of renewable energy in its total power generation portfolio to nearly one-fifth by 2017 largely on the back of wind power could falter due to slow progress in implementing policies to attract investment to the sector, according to industry officials. Wind energy accounts for around 70% … Continue reading

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