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News: India, International

BHEL Ranipet to get into wind energy

In a bid to create newer streams of revenue, Bharat Heavy Electricals Ltd (BHEL) is mulling entry into production of wind energy generation equipment.

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End of sops to hit wind power capacity addition

Discontinuation of the accelerated depreciation (AD) benefit for the wind energy sector is likely to result in a fall in capacity addition to the range of 800-1,000 mw in the near term. While the long-term outlook is seen as intact, scheme discontinuation is expected to impact the wind power capacity addition in the near term, according to rating agency Icra.

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Wind power developers to form association

The wind industry is divided over abolition of ‘accelerated depreciation' benefit (which allowed higher depreciation for calculating taxable profits in the first year of buying a wind turbine.)

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Viom plans to run 30% of towers on alternate power resources

As part of its efforts to create a 'green' mobile network and reduce carbon footprint, telecom infrastructure firm Viom Networks aims to run about 25-30% of its towers on alternate resources in the next 2 years.

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India's largest solar power plant starts production

India’s largest solar power plant with an installed capacity of 40 MW commissioned by Reliance Power, started power generation from March 31, in Western Rajasthan.

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