India’s Renew Power looks to double installed green power portfolio to 20GW in five years

first_img FacebookTwitterLinkedInEmailPrint分享ET EnergyWorld.com:Renew Power, India’s largest clean energy firm, plans to double its portfolio of running plants and projects under implementation to 10,000 MW in five years, an ambitious growth plan that has cheered its major investor Goldman Sachs.The expansion would require an investment of Rs 40,000 crore to Rs 50,000 crore, going by the average cost of projects in the industry, although the company did not share financial details. Project economics vary across the country, depending on the cost of land and the intensity of sunlight or wind.Sumant Sinha-led Renew Power’s aggressive expansion is part of the growing corporate interest in the sector in which Gautam Adani is also expanding his presence with the aim of becoming the world’s biggest renewable energy company with a capacity of 25,000 MW.“This year despite the impact of Covid-19, the government has been actively bringing out new bids in the renewable energy space and companies have responded enthusiastically,” Renew Power chairman and managing director Sumant Sinha told ET.Goldman Sachs holds 48.6% stake in Renew Power and has backed the company for a long time. Renew Power has also raised debt and equity from other major global investors including Abu Dhabi Investment Authority, Canada Pension Plan Investment Board, JERA and Global Environment Fund. Since its inception 10 years ago, the company has seen foreign direct investment of over $1.4 billion from various investors.Renew already has the country’s largest operation capacity of 5,600 MW, which along with capacity in the pipeline adds up to 10,000 MW.[Shashwat Mohanty]More: Renew Power plans to double power generation capacity to 20,000 megawatts in five years India’s Renew Power looks to double installed green power portfolio to 20GW in five yearslast_img read more

Indonesian Red Cross sends COVID-19 mitigation supplies to Timor Leste

first_imgRead also: Indonesia to carry out large-scale trials of blood plasma therapy for COVID-19 patientsIn total, the supplies weighed around 4 tons.“Although the PMI is actually experiencing a similar challenge, namely a supply shortage for COVID-19 countermeasures, it is still committed to offering help,” Sahat Sitorus, Indonesian Ambassador to Timor Leste, said in the statement.He expressed his hope for the two groups to further strengthen their ties in the future, then thanked them as well as on-duty doctors and nurses for their hard work in containing the outbreak in Timor Leste. The country has reported zero COVID-19 cases since May 15.The country has recorded 24 COVID-19 patients in total, all of whom have recovered.Topics : The Indonesian Red Cross (PMI) has sent the Timor Leste Red Cross (CVTL) medical supplies for COVID-19 mitigation measures as part of ongoing efforts to strengthen the spirit of collaboration between the two cross-border institutions.The aid packages arrived in Timor Leste on Wednesday, according to a statement from the Indonesian Embassy in Dili.They comprise personal protective equipment (PPE) for COVID-19 handling, including 500 masks, 500 protection suits, 500 glasses, 500 face shields, 10,000 packages of disinfectant, 10 sprayers and 10 thermometers to be used by volunteers and medical workers in 13 districts in Timor Leste.last_img read more

Hall of Fame

first_imgThis years Ripley County Basketball Hall of Fame banquet was held Saturday night at the Middle School Commons in Batesville.  There were 140 guests to welcome in the latest inductees.  Some interesting highlights of the acceptance speeches include David Bradshaw, long-time baseball and basketball coach at Jac-Cen-Del, who reminisced about his encounters with Randy Combs and Scott Holdsworth who were also inductees.  David played professional baseball in both the Montreal Expo and Pittsburgh Pirate organizations before embarking on his teaching and coaching career.  He topped off his basketball career with a state championship at JCD.  Randy Combs of Milan was on a state basketball championship team while a student at Vincennes High School.  He and his brother were both long-time basketball coaches in Indiana.  Randy is still coaching football at Milan and his brother is now a principal at Vincennes High School.Thomas Buck of Batesville revealed a couple funny incidents that kept him from being able to participate in his first two high school games.  In one incident his mom packed his freshmen uniform instead of the reserve because she thought he looked better in te freshmen uniform.  This resulted in a technical foul that cost the Bulldogs the game.Scott Holdsworth, a member of the Greensburg coaching staff, was inducted for his playing prowess while at South Ripley High School.  He is currently an alternative school administrator in Greensburg and the head coach of their baseball program.  He also was a varsity assistant for the two straight state championship Greensburg basketball teams.In tomorrow’s article I will list tidbits about the other inductees from this 2014 class.last_img read more

D.O. Sportscast: The men’s basketball beat writers previews the season

first_imgSyracuse opens its season against Atlantic Coast Conference foe Virginia in the Carrier Dome. Before that, Josh Schafer, Nick Alvarez and Michael McCleary discuss the best-case scenario for Syracuse this season, preview the Orange’s game against the reigning champion Cavaliers and talk about potential rotations that head coach Jim Boeheim will run. Comments Facebook Twitter Google+center_img Published on November 5, 2019 at 1:22 amlast_img