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.
Tag: Renewable Energy
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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.
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LNG more viable than coal
India is already among the world´s largest energy consumers. Urbanisation, industrialisation, and the government´s commitment to 24 x7 energy access for all imply that our need for power will continue to grow.