Ghodwat opined that the decision would lead to speedy implementation of projects and reduce construction cost. BENGALURU: In an attempt to boost renewable energy sector, the Ministry of New and Renewable Energy (MNRE) would request the Reserve Bank of India (RBI) to categorise renewable energy as a separate segment and remove priority sector lending limit. […]
Srei Equipment gets USD 30 million from Netherland bank
Srei Equipment Finance Ltd on Thursday said it has received credit approval worth USD 30 million from FMO, a Netherlands-based development finance bank. “The loan will be fully dedicated to re-financing of green activities of Srei Equipment, primarily through the financing or leasing of equipment used for solar and wind projects,” the company said in […]
India to install 54.7 GW wind energy capacity by 2022: Fitch Solutions
Ministry of New and Renewable Energy, Wind Energy, Fitch SolutionsIndia is likely to install 54.7 GW of wind capacity by 2022 against the 60-GW target set by the government, Fitch Solutions Macro Research has said in a report. The country has set an ambitious target of installing 175 GW of renewable energy capacity by the […]
MNRE conceptualises net-zero energy complex for new HQ
In a bid to achieve sustainable living standards, the Ministry of New and Renewable Energy (MNRE) has conceptualised a “net-zero energy complex” for its new headquarters. The Akshay Urja Bhawan will be located in Lutyens Delhi, right opposite the premises which the ministry presently occupies in the CGO Complex here. Designed by city-based Edifice Consultants […]
MNRE working on a unified portal to help consumers install rooftop solar panels
The portal will facilitate as a single-window clearance system for consumers looking to install rooftop solar panels. New Delhi: The Ministry of New and Renewable Energy (MNRE) in association with the World Bank and Asian Development Bank is developing a unified web portal, which will facilitate as a single-window clearance system for the consumers looking […]
Telecom Secy Calls for Joint Task Force with Renewable Energy Ministry to Promote Green Tech
New Delhi: Telecom Secretary Aruna Sundararajan on Wednesday proposed setting up a joint task force with the Ministry of New and Renewable Energy (MNRE) to promote green technology in the sector. “It is critical that we should set up a joint task force between the two ministries (telecom and MNRE) to ensure that we work […]