The Cabinet chaired by the Prime Minister Narendra Modi has given its approval to raising bonds worth Rs 2,360 crore for Renewable Energy.
Tag: Renewable Energy
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Build green corridors to meet clean energy target of 175 GW, says CII
Major Renewable Energy players have called for state-level policies and green corridors to achieve the national target of Ăâ175 GW by 2022Ăâ at the 4th CII Renewable Energy Summit which was recently held at New Delhi.
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Goyal lays stress on coal sector achieving cost effectiveness
Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal, presided over the inaugural session of the day-long Workshop on ĂâQuality of CoalĂâ as Chief Guest in New Delhi. The workshop included brainstorming and technical sessions among the stakeholders of the coal and power sectors to bring in greater efficiency and self-sufficiency in the two sectors in India.
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NLC to double lignite mining capacity to 62.15 MTPA by 2025
NLC India Limited (NLCIL) is set to increase its lignite mining capacity to 62.15 million tonnes per annum (MTPA) by 2025, from its present capacity of 30.60 MTPA. NLCIL also plans to support coal production capacity of 31 MTPA and power generating capacity of 20,971 MW by 2025.
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India has 80 MT of coal stocks at power plants and mines
India has total coal stocks of 80 million tonnes (MT) at its power plants and coal mines put together at the end of February, thanks to the ongoing slump in the demand for power from distribution utilities and the low capacity utilisation of thermal power stations.
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Tata Power Renewable Energy commissions projects in TN and AP
Tata Power Renewable Energy Ltd has announced commissioning of a 36 MW wind power plant at Nimbagallu in Andhra Pradesh and a 49 MW solar plant at Kayathar, Tamil Nadu.
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ReNew Power secures $390 million debt funding from ADB
Renewable energy firm ReNew Power Ventures Ltd has announced that it has secured long-term debt financing of $390 million (approximately Rs 2,650 crore) from Asian Development Bank (ADB).
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Tata PowerĂâs non-fossil operating capacity climbs to 3,060 MW
Tata Power, IndiaĂâs largest integrated power company, has announced that the companyĂâs total generation from non-fossil operating capacity stands at 3,060 MW, making it the largest renewable energy company in India.
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Mitsubishi Corp launches energy storage demonstration project in Delhi
Mitsubishi Corporation has reached a basic agreement with AES Corporation and Tata Power Delhi Distribution Limited (TPDDL), which distributes electricity in northern and north-western Delhi, to develop an energy storage demonstration project in India. The project will be concentrated in the grid sectors operated by TPDDL.
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Adani to invest Rs 49,000 cr to extend capacity of Gujarat ports
Adani Group Chairman Gautam Adani has announced that his company would invest another Rs 49,000 crore in Gujarat for expanding port capacity, and will set up cement plants. It is also planning a foray in the wind and solar power sectors over the next five years.