India

World Bank Okays $250 Mn for Rajasthan’s Electricity Distribution Sector Reforms

This is the second loan for Rajasthan in the series of two operations planned for a comprehensive turnaround of the state’s electricity distribution sector. It’s first loan was closed in March 2017. The World Bank has approved USD 250 million development policy loan (DPL) aiming to help Rajasthan government in improving the performance of its electricity distribution […]

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Tata Power Launches Humpback Mahseer Program

The intent is to list the Humpback Mahseer with its scientific name, “Tor Remadevii”, on the International Union for Conservation of Nature (IUCN) Red List of Threatened Species to aid future conservation efforts. Country’s largest integrated power company, Tata Power has launched the Humpback Mahseer Project as part of its four-decade freshwater fish conservation program. […]

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ACME, NHPC, Bihar-Based Startup Get SIPB Clearance for Solar Projects

ACME Group through its two arms ACME Nalanda Solar Power and ACME Magadh Solar Power to set up 15 MW and 10 MW solar projects respectively in Kakwara village of Banka, Bihar with an aggregate investment of about Rs 188.76 crore. In a move to boost solar power generation in Bihar, the State Investment Promotion […]

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Coimbatore’s 2 Smart City Projects Get Administrative Approval

Out of the two projects one is multi-level car parking facility at DB Road and the other project is 3.6 MW solar power plant at Ukkadam. Under the smart city mission, the city corporation of Coimbatore is ready to implement two of its ambitious projects as the standing committee has provided its administrative nod for the same. […]

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Renewables Supply 75% of Electricity in India by 2050: BNEF Report

“By 2050, renewables supply 87 percent of electricity in Europe, 55 percent in the US, 62 percent in China and 75 percent in India.” The Bloomberg New Energy Finance (BNEF) in its latest New Energy Outlook 2018 (NEO) has forecasted that the renewable energy supply will account of 75 percent of electricity in India by […]

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juwi Completes 135 MW Utility-Scale Solar Park in Karnataka

Further, the project is expected to generate over 226 million kilowatt-hours of power every year, enough to avoid the emission of 122,743 tons of carbon dioxide (CO2) annually. One of the leading renewable energy development company, juwi group has completed the construction of a 135 MW DC utility-scale solar power plant for Energon Soleq Ravi […]

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Longi Solar’s Export to India Reaches an Apex in January-May 2018

LONGi Solar has supplied monocrystalline modules to a number of 100MW-level PV power stations in India. According to the media reports, a senior Indian official revealed that “India will auction 40 GW of renewable energy projects comprising 30 GW solar and 10 GW wind per year for the next 10 years till 2028.” In recent […]

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Azure Power Bags 600 MW Solar Power Project in SECI Auction

Further, the project is the largest solar auction in India and also the first Interstate Transmission System (ISTS) grid connected solar PV project auctioned by SECI. Country’s one of the leading independent solar power producers, Azure Power has won a 600 MW solar power project in the SECI’s 2,000 MW tender auction. The Solar Energy Corporation […]

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MNRE Extends Timeline for Implementing 40 GW ‘Solar Parks and Ultra Mega Solar Power Projects’ Scheme to 2021-22

The timelines of the scheme is extended from 2019-20 to 2021-22 without any additional financial implication. The Ministry of New and Renewable Energy (MNRE) has extended the timeline for the implementation of 40 GW scheme for developing solar parks and ultra mega solar power projects from 2019-20 to 2021-22. The MNRE said in a statement […]

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