Business Daily from THE HINDU group of publications
Saturday, Oct 06, 2007
ePaper


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Non-conventional Energy
States - Tamil Nadu
Windmill investors to meet TNEB on Oct 17

Our Bureau

Chennai, Oct. 5 The Tamil Nadu Electricity Regulatory Commission has called for a meeting of windmill investors and the Tamil Nadu Electricity Board to assess the status of evacuation infrastructure and related issues.

At the meeting to be held on October 17, the TNEB is expected to outline its plan on wind power evacuation facilities and the expansion plans over the next three years.

According to sources in the know, the meeting has been called against the backdrop of the problems of evacuation of wind power. Tamil Nadu has over 3,100 MW of wind power generation capacity, the largest in the country. But due to a shortage in evacuation infrastructure — sources estimate the shortage at about 600 MW capacity during peak production season — wind power producers are asked to back down their facilities leading to losses.

Investments in wind energy

Also, industry sources say, that with the recent tariff order hiking the tariff for wind energy to Rs 2.90 a unit for new investments in windmills, a fresh spate of investments are expected in the wind energy sector. Those availing of HT commercial connections can bring down their power cost by setting up wind power generation facilities. A new crop of investors in education, hospitals, hotels and multiplexes are expected to invest in wind energy generation, the sources said.

If the TNEB were to highlight its plans for expanding the evacuation infrastructure in the State, it would benefit the existing players and enhance the confidence of potential investors, according to sources.

More Stories on : Non-conventional Energy | Tamil Nadu

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Indian Bank cuts FCNR (B), NRE term deposit rates


Windmill investors to meet TNEB on Oct 17
Cement manufacturers call for new long-term coal linkages
Forex reserves swell by a record $11.9 billion
Infrastructure sector sees 9% growth in August
Reflection of growth
Mangalore Customs collection rises
India, Philippines sign pacts to co-operate in 9 sectors
‘Indo-Thai FTA vital for speedy two-way investments’
LIC’s maiden health insurance product soon
Karnataka setting up panel to rework pact with Skil Infrastructure
GE Commercial invests $22 m in OSE
Call to promote PPP in infrastructure projects
IOC losing Rs 100 cr a day on petro products sale
UPA-Left panel meet on October 9
DGFT rewards Vizag Steel
SMEC office in Hyderabad
‘Sewage, the new resource for generating freshwater’
Tribunal stays ban on Red FM
Focus on high end of value chain, jewellery exporters told
17 new corridors emerge as strong investment destinations
AP Govt to impose 1% cess on construction
New building rules come into force for Tier-II cities
HDFC property expo in Bangalore
India, Sri Lanka sign MoU for apparel articles imports
A manch to reach out to rural masses
Minister urges States to help Centre in skill development
Scheme to promote new tech in rural areas launched
Seven Bengal IT infrastructure cos to attend Bangalore expo
‘Industries have significant role in a knowledge economy’
Industrial pumps expo
Symbiosis operations summit today
Business session for IIT-KGP alumni
Re rise: Hyundai plans reducing dollar-denominated exports
Steep hike in pig iron prices hits castings exporters


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line