Azure Power, a leading solar power producer in India, announced that it has commissioned a 130 MW solar power project in Chitradurga district, Karnataka under the Karnataka Solar Policy 2014-2021.
The European Investment Bank on Friday announced a euro 200 million (Rs 1,400 crore) longterm loan to State Bank of India to finance mega-solar projects in the country.
The post EIB makes 200 mn euro loan to SBI for mega-solar projects appeared first on The Financial Express.
NTPC is now 50498 MW Company
01st Apr, 2017
NTPC, the largest power utility of India joined the top league of electricity generators globally by crossing 50GW capacity mark, towards realizing India's dream for 24X7 affordable Environ friendly Power for All by2022. Proud to announce that NTPC has crossed 50,000 MW of installed power generation capacity today. Another milestone towards 24X7 power for all tweeted Shri Piyush Goyal.
With commissioning of 500 MW unit at Unchahar in Uttar Pradesh the total installed capacity of NTPC has risen to 50498 MW. NTPC as an integrated power major remains committed to affordable power for the consumers through sustainable power generation. In FY 17 NTPC's annual generation has topped 250 BUs; Company commenced Coal Mining at Pakri Barwadih: Commissioned First high efficiency 800 MW unit at Kudgi and has steadily added to its renewable portfolio.
Ranked third largest power company in terms of coal based power generation capacity, 2nd in PLF, 3rd in machine availability and 7th in terms of electricity generation, NTPC is among the top twenty coal based power generating companies globally. A consistent performer NTPC is ranked 2nd amongst the Independent Power Producers Globally by Platts.
NTPC is a Maharatna and the largest power utility in the country playing a major role in meeting the power needs of the country thus contributing to its economic and social development by contributing nearly 24 % of country’s generation. NTPC has a vision to be the World's Leading Power Company, Energizing India's Growth.
NTPC is committed to take care of the society, especially the community in the neighborhood of its business units by improving the quality of life of the people and promoting inclusive growth. The focus areas of CSR are health, sanitation, drinking water, education, capacity building, women empowerment, social infrastructure development, and support to differently-abled persons.
NTPC has 19 coal based, 7 gas based, 10 solar PV, one Hydro and 9 Subsidiaries / Joint Venture power stations.Company has capacity of over 21,000 MW under implementation at 23 locations across the country including 4300 MW being undertaken by joint venture and subsidiary companies. First wind power project of NTPC- Rojmal Wind Energy Project 50 MW is coming up in the State of Gujarat.
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Azure Power, a leading solar power producer in India, announced that early-stage investor and Board member, William “Bill” Elmore of Foundation Capital, resigned from the company’s Board of Directors, which is the company’s fiscal year end.
Azure Power becomes the first private solar company to power the Defence Ministry under the National Solar Mission