A member of the World Bank Group share intends to partner with Madhya Pradesh government for a massive solar project. IFC and state govt. aims to setup the largest single-site power project of 750-Mw in Rewa. IFC will put its expertise to structure and propose the transaction through private investments of about $750 million. “Successful […]
To uplift India’s rooftop solar initiative, the World Bank, Asian Development Bank and the New Development Bank formed by the BRICS Nations are opening loans for the Ministry of New and Renewable Energy. Upendra Tripathy, secretary at the MNRE said, “We are getting $500 million (Rs. 3,345 crore) from each of them to fund rooftop […]
The Nepal Govt. Minister of Science and Technologies Shiv Lal Thapa Magar asserted on meeting the energy emergency in the nation, to make the initiative a success he wants young researchers to usher alternative energy technologies. He made this decisive pronouncement at a National-Level Stakeholder’s meeting in the Capital recently. The Govt. agencies and concerned […]
Central Electricity Regulatory Commission (CERC) passed an instruction for resolution of standard capital expense for solar PV ventures for the fiscal year 2016-17. The instruction gauges capital expense including expense of gear, development, land, transmission and pre-operative costs of solar PV ventures for the upcoming FY at INR 50.1 million/MW (USD 0.76 million). Giving a […]
The SolarTown Energy Solutions has introduced a sunlight based housetop framework on a 2,400 sq. ft. multilevel private property situated in Filmnagar, Hyderabad under a residential lease program. The program accompanies zero in advance expenses and fixed monthly rates lower than Discoms, protecting house owner against increasing of power costs. It is assessed to save […]
Keltron executes the assessed Rs.70-lakhs solar powered venture in the main campus of the Sree Sankaracharya University of Sanskrit at Kalady, Kerala. The varsity Syndicate has incorporated the venture among the different activities to be embraced using the Rs.2.5-crore help, got under the Rashtriya Uchchatar Shiksha Abhiyan (RUSA) of the Union Minister of Human Resources. […]
The Delhi Metro Rail Corporation (DMRC) and the Solar Energy Corporation of India (SECI) will now mutually work together on taking up an ‘off site’ solar power venture, to augment the utilization of renewable energy, alleviate the effect of standard increment in grid tariffs and to decrease the carbon foot prints. A Memorandum of […]
The Govt. of India has upgraded the sanction on establishment of solar power plants from 15% to 30%. Santosh Kumar, Dy. of Science and Technology Dept., Chandigarh Administration said the resolution would offer UT to accomplish solar power generation plants, which was recently reconsidered by the Govt. So far, the Chandigarh State Administration and Municipal […]
The Modi Government is expecting its ‘Make in India’ project to be a noteworthy accomplishment, a source from the Department of Industrial Policy and Promotion (DIPP) uncovers that over 10 organizations have either dedicated or invested worth $120 billion. DIPP Secretary Amitabh Kant said: “We are certain that these submitted ventures will really stream in”. […]
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