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The Spirit Lake School Board discussed options for decommissioning one of the two wind turbines on the school's property.
Spirit Lake's Director of District Operations David Dau said the smaller of the two turbines a Wind World 250 was built 31 years ago, and he said that model has an average lifespan of about 25 years.
"It has been significant in saving us money," Beck said. "I think the people that did this when they did it were really smart. It's paid for itself." ....
IDBI Bank has been focusing on reducing bad loans by selling NPAs and resolving stressed assets. The bank is looking to bring down its gross NPA ratio, which was 4.69% as of December 2023, gradually with a recovery target of ?3,000 crore. It wants to maintain the net NPA level at below 1%. ....
State-owned National Asset Reconstruction Company (NARCL) and Manish Lalwani-promoted Omkara Assets Reconstruction Company (ARC) are in the fray to acquire the debt of wind turbine manufacturer Wind World (India) that has been under corporate insolvency process for over five years. ....
These companies include Wind World, RRB Energy, NEPC Micon, Pioneer Windcon, etc. among others. "There were 32 players in 2016-17, now it is down to 12. And of these, four are in NCLT," said Ajay Devaraj, secretary general, the Indian Wind Power Association (IWPA), adding that in 2017, after the government changed the wind energy bidding norms from feed-in-tariff to auction regime, the business model of these companies changed and captive generation died. ....