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.
Tag: Renewable Energy
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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.
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Banks to push solar panels
The finance ministry has advised banks to ´encourage´ home loan or home improvement loan applicants to install rooftop solar photovoltaic systems and include the equipment cost in the home loan. G
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Cabinet approves Rs.8,349-cr investment on rail freight lines
The Union cabinet chaired by Prime Minister Narendra Modi approved an investment of Rs.8,349 crore for laying down multiple freight-specific rail lines in Odisha, Chhattisgarh and Andhra Pradesh.
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Gamesa wins 100-MW wind power project from Hero Group
Renewable energy firm Gamesa has bagged a 100-MW wind power project from Hero Group to set up 50 wind turbines in Madhya Pradesh. The order was placed by Hero Future Energies, a venture of the Hero Group catering to the renewable energy, Gamesa India said in a statement.