IREDA & European Investment Bank sign Euro 150 million Loan Agreement for Renewable Energy Financing in India Updated On Sat, Mar 10th, 2018 by Saurenergy More than 1 million Indian households to benefit from the new initiative EIB has extended this line of credit without insisting for sovereign guarantee from Government of India European Investment Bank (EIB) and Indian Renewable Energy Development Agency (IREDA) Ltd. have signed a loan agreement for a second line of credit (LoC) of Euro 150 […] Read more
KSEB to Pay Interim Tariff at Rs 3.90 Per Unit for FY18 Updated On Mon, Feb 19th, 2018 by Saurenergy IREDA had filed a petition on June 16, 2017 before the commission seeking an interim tariff and for getting the approval of power sale agreement for 50 MW solar PV project. The Kerala State Electricity Regulatory Commission has approved the interim tariff at Rs 3.90 per unit for electricity purchased by the Kerala State Electricity […] Read more
Ireda and Rumsl Join Hands for Large-Scale Solar Parks in Madhya Pradesh Updated On Thu, Feb 1st, 2018 by Saurenergy Out of the total power proposed to be generated at Rewa solar park, 24% has been agreed to be purchased by Delhi Metro Rail Corporation and balance 76% by Madhya Pradesh Power Management Company Ltd ( MPPMCL). Indian Renewable Energy Development Agency Limited (IREDA) and Rewa Ultra Mega Solar Limited (RUMSL) signed an agreement today […] Read more
Ireda and Rumsl Signs Agreement for Large-Scale Solar Parks in Madhya Pradesh Updated On Wed, Jan 31st, 2018 by Saurenergy Indian Renewable Energy Development Agency Limited (IREDA) and Rewa Ultra Mega Solar Limited (RUMSL) signed an agreement today for financing the shared infrastructure of two large Solar Parks in Madhya Pradesh. Ministry of New & Renewable Energy (MNRE), World Bank & IREDA have been able to work out a proposal to channelize US$ 100 Million […] Read more
India Plans Rs 11,000 Crore Aid To Support Domestic Solar Cell Manufacturing Updated On Mon, Dec 18th, 2017 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has released a concept note of a proposal that aims to provide a 30 percent subsidy for setting up new solar plants and expanding the existing ones. India plans to boost solar module manufacturing by providing Rs 11,000 crore direct support along with concessions to cut reliance […] Read more
India-World Bank Ink $100 Million Loan Agreement For Clean Energy Updated On Tue, Nov 21st, 2017 by Saurenergy The solar parks will be mostly under the Ministry of New and Renewable Energy’s (MNRE) Solar Park Scheme. In a significant development, India and the World Bank have signed a $100 million loan and a grant agreement to help the country increase power generation capacity through cleaner, renewable energy sources. In a statement the World […] Read more
India Committed to 175 GW Clean Energy Target: MNRE Updated On Sat, Nov 18th, 2017 by Saurenergy India is committed to its renewable energy target of having 175 GW capacity by 2022 to provide equitable sustainable development Ministry of New and Renewable Energy (MNRE), Government of India, in partnership with the Confederation of Indian Industry (CII), organized a panel discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW renewables by […] Read more
MNRE organises panel discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW Renewables by 2022’ at CoP 23, Bonn, Germany Updated On Fri, Nov 17th, 2017 by Saurenergy India committed to its Renewable Energy Targets to provide Equitable Sustainable Development The Ministry of New and Renewable Energy (MNRE), Government of India, in partnership with the Confederation of Indian Industry (CII), organised a panel discussion on ‘Innovative Financing and Market Evolution to achieve 175 GW renewables by 2022’ on 16th November 2017 at the […] Read more
Investonomics on Indian Sun is Hot! Updated On Tue, Nov 7th, 2017 by Saurenergy Today, solar power is not merely a power demand catalyst rather this sector preaches colossal economics in the world affairs. Clouds around solar sector have dynamically revolved as murmurs of its transient nature of solar power are eluded. Solar and wind projects in the country would attract USD 20 billion investment each year from next […] Read more
