Investment in Indian RE Sector Doubled in Last 5 Years, Outshines Coal in 2018: CEEW-IEA Report

The report arises in the backdrop of the Economic Survey underlining that India’s additional clean energy investment necessity is nearly $80 billion till 2022, developing more than three-fold to $250 billion during 2023-30

Business | 19/07/2019 | By Moulin

India’s RE Capacity Achieves 80 GW Mark: R. K Singh

In a separate reply to the House, Singh said that solar power capacity addition was 5,525.98 MW in 2016-17, 9,362.63 MW in 2017-18 and 6,529.20 MW in 2018-19

Policies & Regulations | 17/07/2019 | By Moulin

AIIB Endows $100 Million to L&T Finance arm for Green Energy Funding

LTIF’s association with AIIB will also help the company develop its environmental and social capabilities which will in the future enable it to tap the international market for green finance, the bank said

Business | 15/07/2019 | By Moulin

Government to Compensate Consumers for Load Shedding: R K Singh

The government intends to provide ’24X7 Power to All’ at affordable rates. Therefore, there would be a provision in the tariff to cap transmission and distribution losses. Once the tariff policy is approved, the distribution companies would not be allowed to pass on these losses beyond 15 percent

Policies & Regulations | 15/07/2019 | By Moulin

India’s RE Investments Surged by 10 percent,stands at $5.9 Billion in 1st Half of 2019

The jump in investments in solar and wind energy projects in India came even as the global renewable energy investments dropped 14 percent to $117 billion, led by a 39 percent slump in China at $28.8 billion, a 6 percent dip in the US at $23.6 billion and a 4 percent dip in renewable energy investments in Europe

Business | 11/07/2019 | By Moulin

Sungrow Unlocks Solar Energy Potential with its 7th Technical Seminar in India

Committed to utility-scale and C&I installations, Sungrow introduced flagship string and central inverter solutions as well as the energy storage systems, demonstrating its endless pursuit in clean energy. The expertise in response to the local requirements received praise, while insights and inside and critical problem solving were discussed in depth

Business | 19/07/2019 | By Moulin

IEA Foresees Hike in India's RE Sector Investment

India is possible to review the target upwards and this will necessitate a higher flow of investments into the renewable energy sector, Fatih Birol, Executive Director of IEA, said

Business | 19/07/2019 | By Moulin

Oil India Limited Releases EoI for 100 MW Solar Plant

A pre-bid meeting will be held to discuss various issues related to the project with the parties who submitted their intent for establishing the 100 MW Solar PV Plant within the stipulated date. The exact date and time shall be intimated to the interested parties

Renewable energy / Solar PV | 19/07/2019 | By Moulin

BHEL Issues Tender for 2 Solar Projects Worth 69 MW in Telangana

The last date for bid submission is July 31, 2019, and the techno-commercial bids will be opened on the same date. The place and time of opening of the price bids will be intimated to the technically accepted vendors later

Renewable energy / Solar PV | 19/07/2019 | By Moulin

MNRE Releases Standard Costs for Rooftop Solar Installations

As per the announcement, projects with a capacity of above 1 kW and up to 10 kW, the benchmark cost has been set at Rs 54/W, or Rs 54,000 per kW

Policies & Regulations | 19/07/2019 | By Moulin

CCEA Sanctions Rs 1,600 Crores for Dibang Power Project in Arunachal Pradesh

On completion, the government of Arunachal Pradesh will get 12 percent free power from the project, that is, 1346.76 MU. One percent free power, that is, 112 MUs will be given in the Local Area Development Fund (LADF)

Conventional energy / Thermal Power Plants | 18/07/2019 | By Moulin

India Needs Investments worth Rs 5 Lakh Crores in Power Transmission: CII

“The transmission sector has seen a fall in the investments to below 1.8 lakh crore in the last five years but this will need to see a significant jump as 500 GW of renewable energy is added to the grid by 2030,” CII believed

Business | 18/07/2019 | By Moulin

Govt Summons Special Powers to Fast-Track Power Transmission Lines for RE

The 8-point agenda drawn up for a robust transmission system includes recommendations on planning, operations, costs to name a few. The report seeks to draw up a blueprint for the country’s vision on power for all and electric mobility

Policies & Regulations | 18/07/2019 | By Moulin

Power Ministry Favors Proposal for Early Permission to 66 GW RE Project

As a part of the steps necessary to fulfill the commitment made by India under the Nationally Determined Contribution according to the Paris Agreement on Environment, the country will set up 175 GW of RE capacities by 2022

Policies & Regulations | 18/07/2019 | By Moulin

Green Economy to Create Additional Jobs, Developmental Benefits

Under the PAGE India initiative, five international agencies – UN Environment (UNE), International Labour Organization (ILO), UN Industrial Development Organization (UNIDO), UN Institute for Training and Research (UNITAR), and UN Development Programme (UNDP) – are partnering with the MoEFCC

Policies & Regulations | 18/07/2019 | By Moulin

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