In order to reduce dependence on fossil fuels, the Ministry of Railways has planned to harness 1,000 MW of solar power through developer mode by putting up solar plants on railway buildings/stations and through land-based plants across the country.
Tag: Renewable Energy
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EESL signs MoU with TERI
Energy Efficiency Services Limited (EESL) has entered into a strategic partnership with The Energy and Resources Institute (TERI) for two years. The MoU was signed between the two parties in the presence of Union Minister of State (IC) Power, Coal and New & Renewable Energy, Piyush Goyal.
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L&T Infa Debt Fund to raise up to Rs.2,750 crore via bonds
With more leeway to fund projects and tax exemptions, L&T Infra Debt Fund (IDF), L&T Finance group's infrastructure refinancing arm, plans to raise up to Rs.2,750 crore through debentures.
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Use green finance for cleaner coal
The Economic Survey 2015-16 has warned against a system of green financing in India that focuses solely on renewable energy and instead also wants investments in greening of coal power.
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Govt may surpass solar projects target in FY16
The government is confident of receiving bids for 3,000 MW of solar projects this financial year against the set target of 2,000 MW.
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Transmission is levelling the playing field
One has to look back a few years for proper perspective. Once power generation was de-licensed after The Electricity Act 2003, there was a boom in the sector. People started coming into power generation in a big way, both coal-based and coastal.
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Mission Solar
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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India eyes $200 bln investment in RE
Eyeing an investment of $200 billion in renewable energy for a cleaner climate, India is up against a mammoth task with just about 5 GW
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Indo-Japan N-deal to boost RE: IEA
India´s recent agreement with Japan on developing environmentally-friendly nuclear energy for civilian use is the right step and will boost the country´s renewable energy
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Lanco inks MoU with Chhattisgarh for solar plant
Lanco Infratech is setting up a 100 mw solar cell manufacturing plant and plans to lease part of its solar SEZ to foreign and Indian firms which want to participate in India´s renewable energy programme.