Goal was to increase renewable energy capacity to 175 GW by 2022
Tag: wind
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India is a key market for EDF
Marianne Laigneau, Group Senior Executive and Vice President- International Division, ElectricitT de France (EDF), believes that India and France see eye-to-eye on fighting global warming and in making low carbon energy choices. 'Our company's strategy in India,' she says, 'Ã is in line with the vision of the Government of India of generating 40 per cent renewable energy by 2030, and we look forward to a long-term partnership with the government and other Indian stakeholders, mainly on three pillars.'
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India Needs to be Realistic on the Exploration Front
Speaking exclusively to INFRASTRUCTURE TODAY, Prof Kirit Parikh, Chairman Integrated Research and Action for Development (IRADe) and author of the seminal report on pricing methodology for diesel, domestic LPG and PDS, believes that though the federal dispensation is presently offering lucrative terms to investors in the oil and gas sector, it must also ensure that those commitments are adhered to.
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We Are Focused on Energy Transition in India
Nitin Prasad, Chairman, Shell Companies in India feels that the government is on the right track with its measures to attract international investments into the oil and gas sector. Speaking to INFRASTRUCTURE TODAY on the sidelines of FICCI's Business and Climate Summit, he also touched upon the British-Dutch multinational's India plans.
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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.
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India´s renewable energy potential is vast and untapped
India has 275 GW of installed electricity generating capacity which is significantly higher than 140 GW of peak demand of electricity across the country. The energy generated through coal alone is higher than its peak demand. Despite the installed capacity exceeding power demand, some parts of the country face acute power shortages and more than 300 million people in India are still without access to power.
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Interconnected India
The Indian power system experienced phenomenal growth during the last few decades. Installed capacity has increased significantly from 170 GW during 2010 to 300 GW presently i.e., about 76 per cent increase
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L&T Infa Debt Fund to raise up to Rs.2,750 crore via bonds
With more leeway to fund projects and tax exemptions, L&T Infra Debt Fund (IDF), L&T Finance group's infrastructure refinancing arm, plans to raise up to Rs.2,750 crore through debentures.
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IFC provides long-term tenors to match asset life and supports projects in new markets
IFC has been one of the earliest investors in renewable energy in India and leads in promoting the renewable energy generation agenda by investing in private sector developers and helping them leverage opportunities in solar, wind and other forms of renewable energy.
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Powering Prospects
Despite several significant achievements like increased power generation, an integrated one nation one grid, introduction of Smart Grid, and diversification into renewable energy sources