According to Mercom Capital Group, approximately 500 MW of solar capacities has been installed in about a month. Four states have crossed the 1 GW solar installation mark.
The Centre aims to set up 1.75 lakh MW of renewable energy capacity by 2030. any of these utilities have been flouting renewable power purchase obligations.
Experts say only 15% of this increased cost can be passed on to consumers, while the rest has to be absorbed by companies, pressurising their already tight margins.
Piyush Goyal said that the government to trying to find a way to replace all imported thermal coal usage by domestic coal.
Revenues from e-auction have dipped from the recent past on account of adequate coal stocks and a dipping international coal price.
The state-owned company informed about the "Letter of Offer" in a BSE filing. SBI Capital Markets is the manager to the buyback offer that closes on October 18.
WTO ruling on domestic content requirement for solar projects is a blessing in disguise: Bridge to India
Demand from these projects should provide breathing room to the existing manufacturers and avoid any immediate repercussions from WTO’s ruling against India’s domestic content requirements.
The report mentions that refiners focused on domestic markets are least vulnerable to growing Chinese exports and weakening Chinese demand.
CIL was allotted two exploratory blocks covering 224 sq km at Tete province in Mozambique in August 2009.
Overall we expect a huge push to the sector as a result of the government’s initiative to boost power generation capacity in the country,” said R K Shah.
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