Budget 2021 expected to be turning point for renewable energy sector By – Bharat Bhut, Co-Founder and Director, Goldi Solar Nations across the globe have been grappling with the COVID-19 pandemic with several sectors across India taking a hit. The upcoming budget comes with huge expectations from the country in a post-COVID era to […]
Sanctity of contracts is key for Indian renewable projects: FMO CEO
Peter van Mierlo says the Dutch development finance institution is in India for the long term and is unperturbed by the current slowdown, which he says is temporary in any case Dutch development finance institution FMO is in India for the long haul. Its chief executive Peter van Mierlo tells Abhijit Lele that the liquidity crunch and slowdown will […]
India’s renewable energy cost is lowest in Asia Pacific: WoodMac report
India’s levelised cost of electricity using solar photovoltaic has fallen to $38 per megawatt hour this year, 14% cheaper than coal-fired power India’s renewable energy cost is the lowest in the Asia Pacific, consultancy Wood Mackenzie said on Monday. India’s levelised cost of electricity (LCOE) using solar photovoltaic has fallen to $38 per megawatt hour […]
India sees boosting green power by 2030, overtaking climate goal
Solar and wind projects are seen constituting 440 gigawatts of capacity out of the projected 831 gigawatts in more than a decade. Solar and wind energy projects may constitute over half of India’s total power capacity by 2030, according to a draft report by the country’s power-planning body, which sees the country surpassing its climate […]
Power Minister Singh assures all support to Rajasthan
Union Power Minister RK Singh on Friday met Rajasthan’s Energy Minister BD Kalla and assured him of all possible support for the development of power and renewable energy sector in the state. During the meeting, both leaders held discussions on various aspects of the power sector in the state, an official statement said. Singh asked […]
R K Singh takes charge as minister with focus on 24X7 Power for All
Bureaucrat-turned-politician and second time Lok Sabha member R K Singh Friday took charge of power and new & renewable energy ministries and stressed that focus of Team Modi 2.0 will be on reliable and sustainable ’24X7 Power for All’. “Our focus will be on 24X7 power for all. We want to provide reliable and sustainable […]
‘Bimstec nations could tap India’s green energy transition’
With the Bimstec leaders gathered in the national capital for Prime Minister-elect Narendra Modi’s swearing in ceremony on Thursday, the member-nations could benefit from India’s rapid renewable energy capacity increase, say experts. The New Delhi-based organisation CarbonCopy said the annual electricity trade potential between South Asian and Southeast Asian countries could be from 65,000 MW […]
Rajasthan seeks Gujarat help for renewable power push
Rajasthan’s Congress-led government is impressed by PM Narendra Modi’s home state Gujarat’s frog leap in the renewable energy sector. The neighbouring state has, therefore, sought help from Gujarat government for guidance in renewable energy development and delegation from Rajasthan is likely to visit Gujarat next week. High-level sources from Gujarat government informed, “Rajasthan government is […]