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.
Tag: Renewable Energy
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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.
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Government to tackle fuel scarcity
India´s fuel-starved power projects would be able to give a bonus 30,000 MW capacity to fuel the expected surge in electricity demand when the economy turns around.
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Solar panel costs will be part of home loans
According to a plan being prepared by the Ministry of New and Renewable Energy, lending agencies would offer home loans with the provision of additional sanction of payment if customers want to install rooftop solar power panels.
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7,500 MW solar power park to be set up in Leh
The government has received proposals from 12 States for setting up of solar power parks/ultra mega solar power projects totalling 22,100 MW capacity
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FDI in infrastructure: Key Challenges
In addition to fuel shortage for thermal power projects, the power sector in general suffers from regulatory delays, chief of which are the land acquisition and environmental clearance issues.
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NTPC to lead Consortium for Development of Offshore Wind Power
A Memorandum of Understanding (MoU) has been entered into among the Ministry of New and Renewable Energy (MNRE), National Institute of Wind Energy (NIWE) and consortium of partners consisting of NTPC Ltd (as lead partner), Power Grid, PFC (Power Finance Corporation) Ltd.