NTPC Limited plans to invest $10 billion to set up 10 GW of renewable energy capacity over the next five years. A large part of this capacity is expected in the form of solar power projects.
Tag: Renewable Energy
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Welspun makes Green Energy Commitment of 11,001 MW
Welspun Renewables has pledged to set up mega 11 GW solar and wind projects across the country. The 11,001 MW capacity will be developed as 8,660 MW of solar and 2,341 MW of wind power projects.
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NTPC commits to add 10,000 MW of solar
NTPC has committed to add 10,000 MW through solar projects at RE-Invest - 2015, the first renewable energy global investment meet which was held in New Delhi. Dr Arup Roy Choudhury, CMD, NTPC, presented the certificate of commitment to Prime Minister Narendra Modi in the presence of Piyush Goyal, Minister of State (Independent Charge) for Power, Coal and New & Renewable Energy and PK Sinha, Secretary, Power, GOI.
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Prabhu wants specific policies on renewable energy
Union Railway Minister Suresh Prabhu has called for more active participation of States in harnessing renewable energy. He was speaking at the session tilted ´Showcase of Policy Incentives by States´ in the RE-INVEST 2015 in New Delhi.
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Investments in RE will be protected
Piyush Goyal, Union Minister of State (IC) for Power, Coal & New and Renewable Energy (RE) has assured the country that the government will make sure that the investments in India will be protected and encouraged.
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Solar & wind power policies released in Andhra Pradesh
Piyush Goyal, Union Minister of State for Power, Coal and New and Renewable Energy and Andhra Pradesh Chief Minister N Chandrababu Naidu have jointly released the Andhra Pradesh Solar and Wind Power Policies for 2015.
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Power Play
The power sector had been facing serious challenges over the past few years. The key issues pertain to shortfall in supply of coal and gas, delay in clearances for projects and the declining financial health of electricity distribution utilities.
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Rs.1 lakh-crore orders soon for power, mining equipment
The power and coal sectors will shortly issue orders worth over Rs 1 lakh crore for various projects, including four new giant power projects, according to Piyush Goyal, Union Minister of Coal, Power and Renewable Energy.
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Lack of priority sector lending for RE is an issue
The Indian government has successfully launched several policy instruments, which have enhanced the viability and bankability of RE projects.
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Powering India Green
Increasing energy demand, climatic change, government initiatives and abundant untapped natural resources have been the key drivers behind the country´s movement towards renewable energy.