India's NTPC to set up 300 MW solar capacity
MUMBAI, INDIA - India's largest utility, NTPC Ltd, said its board has approved setting up 301 megawatts of solar power generation capacity by March 2014.
The state run firm currently operates a majority of its installed capacity of over 30,000 MW through coal-fired power plants.
NTPC also said it would spend 5.64 billion rupees (US $120 million) to modernize two units at the Badarpur thermal power station.
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Climate change poses high credit risks for nuclear power plants: Moody's
WASHINGTON -
Climate change can affect every aspect of nuclear plant operations like fuel handling, power and steam generation, maintenance, safety systems and waste processing, the credit rating agency said.
However, the ultimate credit impact will depend upon the ability of plant operators to invest in mitigating measures to manage these risks, it added.
Close proximity to large water bodies increase the risk of damage to plant equipment that helps ensure safe operation, the agency said in a note.
Moody’s noted that about 37 gigawatts (GW) of U.S. nuclear capacity is expected to have elevated exposure to flood risk and 48 GW…
