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.
Tag: Renewable Energy
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IFC provides long-term tenors to match asset life and supports projects in new markets
IFC has been one of the earliest investors in renewable energy in India and leads in promoting the renewable energy generation agenda by investing in private sector developers and helping them leverage opportunities in solar, wind and other forms of renewable energy.
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Coal production up in 2014-15: Goyal
Coal production increased from 556.4 MnT in 2012-13 to 610.8 MnT during 2014-15, Piyush Goyal, Minister of State (IC) for Power, Coal & New and Renewable Energy, said.
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IIFCL seeks Korean investment in Indian infrastructure
With an agenda to attract investment in India, the IIFCL has organised a one-on-one discussion of Indian infra developer with Korean investors. The Korean delegation was led by Kim Kyung Wook, Assistant Minister, Ministry of Land, Infrastructure and Transport, Republic of Korea and Song, Byung Hak, Managing Director, KDB Infrastructure Investment Asset Management Co Ltd.
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Solar on Slow Track
With 3,000 hours of sunshine every year, which is equivalent to 5,000 trillion kilowatts of energy, IndiaĆĀ“s solar energy potential is vast. According to the Ministry of New & Renewable Energy Annual report 2014-15, of the total renewable energy
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Bharti, Soft Bank plan renewable energy foray
Telecom major Bharti has tied up with JapanĆĀ“s Soft Bank and JBIC for foraying into renewable energy.
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India inks pacts on renewable energy
The Ministry of New and Renewable Energy has signed Memorandum of Understandings (MoUs) with 12 countries during the last three years
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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).
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NTPC to invest $10 billion in renewable energy projects
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.
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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.