Andhra says Centre needs to create confidence in the minds of the states which handle central projects the AP govt’s move to renegotiate PPAs has sent the wrong signal to global investors The hard-found compromise reached last month to end the impasse over Andhra Pradesh’s decision to relook at renewable energy contracts has floundered, said […]
The loans would be sanctioned to states at cost plus a nominal fee to clear dues worth Rs 67,237 crore owed to gencos till August-end. The Centre may tie up concessional loans from Power Finance Corporation (PFC), Rural Electrification Corporation (REC) and Indian Renewable Energy Development Agency (IREDA) for state governments as it looks to […]
Director (Commercial) of Gridco Manas Das, Director (Regulatory Affairs) of OERC Priyabrata Patnaik and Co-Chairman of FICCI Odisha Council CN Singh also spoke. BHUBANESWAR: The State Government is preparing a roadmap that would help expedite production of green energy in the State, said Energy, Industries and MSME Minister Captain Dibya Shankar Mishra here on Wednesday. […]
The companies owe solar and wind power generators including Goldman Sachs-backed ReNew Power and Softbank-backed SB Energy over 97 billion rupees ($1.35 billion), according to the Central Electricity Authority, an arm of the federal power ministry… NEW DELHI: India has asked state lenders to provide over $1 billion to government power distribution companies to clear […]
Solar projects will also be implemented in 2,000 RI offices across State at an investment of Rs 38.40 crore. BHUBANESWAR: The State Government will spend around Rs 110 crore to generate 9,623 kW solar energy this year. A total of 29 off-grid projects will be executed in the State during 2019-20 fiscal to generate green […]
Investment platform plans to invest up to $50 million in Canadian firm AMP Solar Group’s India unit It will acquire a stake of around 26% in the green energy firm New Delhi: Attracted by India’s green energy trajectory, LGT Lightstone Aspada plans to invest up to $50 million in Canadian firm AMP Solar Group’s India […]
DUBAI: Dubai Electricity and Water Authority (DEWA) has signed an agreement with Unilever to sell 20,757 of its International Renewable Energy Certificates (i-REC) to the company. The move emphasises DEWA’s commitment towards the environment and encouragement of clean energy use. The agreement, which was facilitated by Dubai Investment Development Agency (Dubai FDI), supports Unilever Middle […]
Since Delhi’s energy demands are high, only NDMC areas were chosen. Starting with Rashtrapati Bhavan and Chanakyapuri, the move would mean a significant shift to green energy in the capital. Lutyens’ Delhi, home to areas such as Sarojini Nagar and Kasturba Nagar, could soon witness a significant drop in its carbon footprint. As per a […]
Madurai : Tuticorin V O Chidambaranar Port Trust is working on projects that would facilitate generation of 10 Mega Watt power in an eco-friendly manner, said T K Ramachandran, chairman of V O Chidambaranar Port Trust while addressing the port stake holders at the Independence Day celebration at the Port School ground on Thursday. He […]