Originally published on Solar Love State-owned companies in India are looking to participate in the aggressive renewable energy investment drive currently being led by the private sector companies. India’s publicly-owned lignite mining and power generation company Neyveli Lignite Corporation (NLC) has announced plan to set up 4,000 MW of solar … [continued]
Originally published on Solar Love. As per the guidelines issued by the Indian government, public sector companies are implementing plans to set up large-scale solar power projects. According to a recent announcement, publicly-owned lignite mining and power generation company Neyveli Lignite Corporation (NLC) plans to set up 600 MW of solar … [continued]
An increasing number of international financial institutions are now looking to partner with India to help it realise the ambitious renewable energy capacity additions targets the government has set for the next five to seven years. The International Finance Corporation (IFC) has announced that it has entered into an agreement with … [continued]
The Indian government is set to repose millions of dollars in financial support for solar power project developers from the coal tax corpus it has accumulated over the last few years. Project developers looking to set up projects under the second phase of the Jawaharlal Nehru National Solar Mission will … [continued]
Renewable energy and energy efficiency will be focus of India’s $2.3 trillion energy investment plan over the next two decades. The plan is aimed at achieving consistently high economic growth rates without having any net adverse impact in the environment. While the exact proportion of the investment for renewable energy is not … [continued]
The Indian government has decided to levy the Clean Energy Cess, or coal tax, on all the coal mined in the country or imported from July 1, 2010. The energy cess was announced by the finance minister Mr. Pranab Mukherjee in this year’s union budget which presented in February. [social_buttons] The … [continued]
NTPC Ltd., formerly known as National Thermal Power Corporation, is planning to develop 500MW wind and solar energy projects in the Indian state of Orissa. NTPC is India’s largest power generation company and generates a big majority of power from coal-fired power plants. However, the company is now foraying into renewable … [continued]
In a landmark announcement the Indian Finance Minister, in his annual Budget speech, put forward the proposal of setting of National Clean Energy Fund which would be constituted through tax lieved on coal usage in the country. The quantum of tax would be INR 50 per ton of coal used, … [continued]
