JSW Energy has received forest clearance for its planned 240 MW hydropower project in Himachal Pradesh, making way for the company to start construction of the project. The project, being set up at an estimated cost of about . 2,000 crore, was awarded to the company in 2007 but has not taken off due to lack of clearances. This would be the maiden hydropower venture of the Sajjan Jindal-led company which has an operational capacity of 2,600 MW and aims to scale up capacity to 11,770 MW.

Going tough for green energy co on global gloom, huge debt

Power utilities may continue to delay projects due to inadequate fuel supply

Shocked Worst affected are MSMEs without adequate power back-up facility.

Growth opportunities in the renewable energy space are shifting to Southeast and South Asia, where investors are lured by generous incentives, reports Rachita Prasad