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Tata Power May Sell Shares in Clean-Energy Unit Next Year

By : Sustainability ..., May 16, 2013

Tata Power Co. (TPWR), the utility business of India’s largest business group, is considering an initial public offering of its clean-energy unit next financial year.

The utility plans to increase wind and solar power capacity at Tata Power Renewable Energy Ltd...

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Lanco Seeks Investors to Boost Solar Capacity: Corporate India

By : Sustainability ..., Feb 26, 2013

Lanco Infratech Ltd. (LANCI), India’s second-biggest non-state power generator, is seeking private- equity investors to help expand its solar capacity fivefold as a coal shortage roils its thermal business and payment default22222s by state utilities widen the group’s...

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EU Carbon Declines to Record Before Sales of 15.7 Million Tons

By : Sustainability ..., Jan 22, 2013

European Union emission permits fell to a record before sales planned for this week of 15.7 million metric tons, which will further boost supply.

EU carbon for December dropped 3.1 percent as nations prepared for four auctions this week on the European Energy...

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Subject Tags: Bloomberg , European Union

Blackouts Spur $18 Billion Power Grid Upgrade: Corporate India

By : Sustainability ..., Sep 18, 2012

Power Grid Corp. of India Ltd.,the nation’s largest electricity transmission company, may exceed a 1 trillion rupee ($18 billion) spending plan to upgrade its network and avoid a repeat of the world’s biggest blackout.

Revenue of the state-owned company, which is...

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India Considers $35 Billion Debt Revamp After Blackout

By : Sustainability ..., Aug 22, 2012

India plans to restructure about $35 billion of loans held by its utilities to boost their ability to supply electricity and avert outages like the one that cut off power to half the nation’s 1.2 billion people.

Half of the short-term borrowings of the state-owned...

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India to Seek 15% of $50 Billion for Renewables From Overseas

By : Sustainability ..., Jun 13, 2012

India may seek at least $7.5 billion of the $50 billion it’s planning to invest in clean energy in five years from foreign direct investment, a government official said.

“We’d like a bare minimum of 15 percent of that coming as FDI over the next five years,” Gireesh...

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Moser Baer Plans to Revamp Loans, Bonds Amid Solar Glut (Update 1)

By : Sustainability ..., May 16, 2012

Moser Baer India Ltd. (MBI), the nation’s biggest solar manufacturer, plans to restructure $738 million of loans and bonds as it jostles to survive a supply glut that has claimed at least 10 U.S., German and French panel makers.

The company expects to reach an...

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Indian Government Ends Tax Break for Wind-Power Projects

By : Anonymous, Apr 2, 2012

India ended a tax break for wind farms that helped drive 70 percent of installations last year in the world’s third-largest market for turbines.

Starting April 1, wind power projects can no longer claim accelerated depreciation at the rate of 80 percent on the cost of...

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Subject Tags: Bloomberg , Technology

Moser Baer of India Says It Has Halted Production of Solar Cells at Plant

By : sustainabilityo..., May 25, 2011

Moser Baer India Ltd. (MBI), the country’s second-largest maker of solar cells, declined as much as 2.3 percent after saying it temporarily halted production of the electrical devices.

The company shut its solar cell manufacturing line “a few weeks back” to carry out...

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India Gets Fewer Carbon Credits as UN Scrutinizes Projects

By : sustainabilityo..., Jun 4, 2010

India, the second-largest supplier to the United Nations emissions market, received 51 percent less carbon credits in the five months through May as regulators scrutinize the country’s projects.

Issuances of Certified Emission Reduction credits to India in the UN Clean...

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