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The auction model had led to an artificial lowering of prices
Discoms not looking at signing agreement for procuring power at such high tariffs, says senior executive of French utility's unit
Under the MoU signed with CEB, Adani Green is conducting a feasibility study for wind power projects, according to the report
Sector experts said wind power projects offerings are not as regular as solar, but there is enough desperation in the market to win projects
Infrastructure Leasing and Financial Services (IL&FS) on Tuesday invited expressions of interest (EOI) from eligible investors for its 100 per cent stake in Ramagiri Renewable Energy Ltd (RREL) and purchase of fixed assets of IL&FS Energy Development Company (IEDCL). IL&FS and its group companies collectively hold 95.54 per cent of the total issued, subscribed and paid-up share capital of IEDCL. RREL is a 100 per cent subsidiary of IEDCL. RREL owns a 6.5 MW wind farm project with 26 wind turbines having a capacity of 250 KW each at Ramagiri, district Anantapur, Andhra Pradesh. IEDCL also owns a wind mast, situated at the wind farm site of RREL, and a solar irradiation measurement equipment mounted on the wind mast (together 'Fixed Assets') that are used for gathering meteorological and solar data respectively. Expressions of Interest (EOI) are invited from eligible applicants for - acquisition of the total issued, subscribed and paid-up shares of RREL and purchase of the ..
India's wind industry, which has about 40 gigawatts of capacity now, has been struggling for the past few years due to land challenges.
China's target of having 1,200 GW of wind and solar by 2030 could result in 408 GW of new wind capacity from 2021 to 2030
Major wind power companies are staring at thinning financials and dry order books