India´s approach of focussing largely on utility-scale solar parks and aggressive pricing has attracted a lot of scepticism. The renewable energy sector has shown tremendous growth over the last two years.
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Govt eases VGF norms for grid-connected solar projects
The government has decided to ease norms for releasing viability gap funding (VGF) under a scheme for setting up 1,000-MW grid-connected solar projects by central PSUs and other government organisations.
In the next four years, India will be among the top three countries
In conversation with INFRASTRUCTURE TODAY, Hitesh Doshi, Chairman and Managing Director, Waaree Group, expresses optimism regarding the prospects of the renewable energy sector, particularly solar energy.
Make in India has created a revolution in the RE sector
Kuldeep Kumar Jain, COO-EPC, Vikram Solar Pvt Ltd, believes that the future is bright and the opportunity immense for India to become a global leader in solar energy.
Sunshine in the Solar Sector
Paradoxically though, in a country with the fourth largest coal reserves, per capita electricity consumption is abysmally low and a significant number of Indians either have little or no access to electricity, while others face challenges in accessing uninterrupted and reliable electricity supply.
Solar on Slow Track
With 3,000 hours of sunshine every year, which is equivalent to 5,000 trillion kilowatts of energy, India´s solar energy potential is vast. According to the Ministry of New & Renewable Energy Annual report 2014-15, of the total renewable energy
Govt approves Rs.5,000 cr tax-free bonds
The ministry of new and renewable energy (MNRE) has approved the sale of tax free-bonds worth Rs 5,000 crore
We are planning to invest Rs.23,000 crore this fiscal
Arup Roy Choudhury, Chairman and Managing Director, National Thermal Power Corporation (NTPC) shares his views on the company´s plans for doubling its current installed capacity, its capex plan for this fiscal, the Corporate Plan-2032, and CSR activities.
MNRE to increase budget for RE
The Union Ministry of New and Renewable Energy (MNRE) has proposed a manifold increase in allocation for the transition phase from megawatt to gigawatt through the Green Rating for Integrated Habitat Assessment (GRIHA).
Going Waste
According to the Ministry of New and Renewable Energy (MNRE) Annual Report 2009-10, there is a potential for generation of over 2,600 MW of power from municipal and urban wastes and about 1,300 MW of energy from solid and liquid wastes generated by various industries in India.