Solar Energy Corporation of India has auctioned 1,200 MW solar projects, attracting much better response from developers than other recent auctions at much-lower tariffs, because it allowed developers to pass on any increase in costs due to safeguard or any other duty.
Softbank-backed SB Energy, AMP Energy and French state-run power major EDF won 600 MW, 100 MW and 300 MW, respectively, at a tariff of Rs 2.50 per unit, while Renew Power won 200 MW at Rs 2.51 per unit.
Coal India’s dry fuel supply to the non-power sector had expanded by 4.4% till January of the current fiscal in contrast to a decline of 6.8% to the power sector for the same period. The muted demand from power plants and sufficient stock of coal had resulted in lower demand. To combat the slowdown in sale, CIL was channelising more coal to the non-power sector.
Shree Cement has surpassed ACC to come up with the world’s largest cement kiln at Ras Al Khaimah in the UAE. They have operationalised the plant and now it is the world’s largest cement kiln with a capacity to produce 14,500 tonne per day (tpd),” H M Bangur, managing director, Shree Cement reported to media.
It is 2,000 tpd higher than ACC’s Wadi II Plant in Karnataka. ACC said one of its lines in its Wadi II plant has the company’s largest kiln with a capacity of 12,500 tpd. Industry officials noted that ACC’s Wadi II plant had held the distinction of being the largest cement kiln in the world, which now has been overtaken by Shree Cement.
Against ACC’s total installed capacity of 33.41 mtpa, Shree Cement’s current installed capacity stands at 41.90 mtpa.
The METS (Mining Equipment, Technology and Services) sector from Australia is keen to partner with Indian companies in the energy and resources sector but wants “certainty and continuity in policy framework”.
According to Mr Tim Beresford, Deputy CEO, Global Client Services, Australian Trade and Investment Commission, as many as 40 METS companies from Australia are working in India and another 13 are looking at opportunities to collaborate and support Indian industry as it grows its resources and energy interests.
In what would be a milestone event for the renewable energy industry, eleven ‘Renewable Energy Management Centres’ (REMC) are to be inaugurated on February 28, 2020 by Union Power Minister RK Singh.
These REMCs, built at a cost of ₹409 crore, will make it possible for the country to have more of renewable energy, particularly wind. REMC is a “hub for all information regarding renewable energy power generation.