After the success of the 750MW Rewa Ultra Mega Solar project in Rewa, the Madhya Pradesh government is now aiming to create a new model for success in rooftop solar energy generation.
A record capacity of over 75 GW was added over the last three years leading to over-capacity in thermal power. Industry doesn't see new thermal capacity being planned for some time, however, the existing capacity close to commissioning, or under construction will come to grid.
The development of India's Smart Cities has to be people-centric if the programme has to succeed in the long-term, a cross section of experts opined. This will entail smarter use of available resources and technologies to improve both infrastructure and service delivery in areas proposed for such development.
The Securities and Exchange Board of India (SEBI) has approved new norms for issuance and listing of municipal bonds or Muni bonds on stock exchanges. The decision will help raise funds for infrastructure projects and the governmentÂ´s smart cities initiative.