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Govt to set up separate grid for solar, wind projects

Govt to set up separate grid for solar, wind projects

Planning Commission member BK Chaturvedi has said that the Union government would set up a green corridor to generate power from solar and wind capacities that were established at a cost of Rs 50,000 crore, Planning Commission member BK Chaturvedi. The National Action Plan on Climate Change has recommended that India generate 10 per cent of its power needs from solar, wind, hydropower and other renewable sources by 2015, and an additional 5 per cent by 2020.

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TN govt’s solar project yet to take off as clarity eludes

TN govt’s solar project yet to take off as clarity eludes

Lack of clarity on the implementation of incentives provided by the Tamil Nadu government affected the installation of rooftop solar power systems in households and industrial and commercial buildings. While the solar policy mandates industries and commercial entities to procure 6 percent of their power from solar sources, there has been no official com

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TECA wants govt to allot land for solar projects in industrial estates

TECA wants govt to allot land for solar projects in industrial estates

Tamil Nadu Electricity Consumers Association (TECA), Coimbatore requested the state government to allot land in each of the proposed industrial estates for solar power generation. It may be noted that the state government proposed to set up new industrial estates in the southern districts. D Balasundharam, President of TECA pointed out that these industrial estates would have electrical sub-stati

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GMR Infra restructures energy vertical

GMR Infra restructures energy vertical

GMR Infrastructure has reportedly restructured its energy business, which posted a net loss of 160 crore during Oct-Dec 2012 against a net loss of 84.3 crore a year ago, largely owing to fuel constraints. Until some time ago, there were no separate units for this segment, but now the company created several verticals so that complete responsibilities are on the head of th

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ITI to pump in `2,380 cr for biz revival

ITI to pump in `2,380 cr for biz revival

ITI is planning to invest over Rs 2,380 crore to re-start its manufacturing units and
diversify into other businesses. The proposal to clear these funds for ITI's revival is with the Board for Industrial and Financial Reconstruction (BIFR

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