ADB Set To Release $150 Million For India’s Renewable Energy Transmission Network
The Asian Development Bank is set to release $150 to fund the further development of a renewable energy transmission network across India.
The Asian Development Bank is set to release $150 to fund the further development of a renewable energy transmission network across India.
The Indian government has encouraged the development of renewable energy to the point that coal companies are now investing in solar and wind energy.
India’s ongoing National Solar Mission has reaped very encouraging results. The country saw about 2,500 MW capacity being added in just four to five years with hundreds of megawatts set to be commissioned over the next few months. Now, the government is set to launch a similar national mission for … [continued]
The World Bank is set to provide expertise to the Indian state of Odisha to help the latter develop medium-term renewable energy policy. The initiative would enable the state to reduce dependence on fossil fuels and further enhance itself as a one of the leading states in India to promote … [continued]
The man who can very well be credited to have kickstarted India’s ongoing march towards solar power capacity of 22,000 MW by 2022 — Narendra Modi — has been handed a historic mandate in the world’s largest-ever democratic exercise. The Narendra Modi–led Bharatiya Janta Party (BJP) secured a simple majority … [continued]
The Indian government may soon require conventional power project developers to install renewable energy projects within the premises of the fossil fuels based power plants. If the power ministry goes ahead with such a plan, the power project developers may have to set up renewable energy capacity equivalent to around … [continued]
About 1,000 MW of solar power capacity is expected to be installed in India this year. This capacity addition will be consistent with the capacity added in 2013 and 2012. This estimate is much lower than the earlier estimated capacity addition of 2.8 GW. Consulting firm Mercom Capital Group has … [continued]
The local government of India’s capital New Delhi has been urged to increase the solar power generation capacity as significant solar resource potential exists and the country’s renewable energy policy requires the utilities to procure a set minimum percentage of electricity from solar power projects. Under the Renewable Purchase Obligation, or RPO regulations in India, the power distribution companies … [continued]
Indian IT companies are among the best in the world and they are now planning to implement a highly sustainable plan of growth. Companies like Infosys and Wipro are set to implement measures to increase consumption of renewable energy, improve energy efficiency, and reduce carbon footprint. Wipro, India’s second largest … [continued]
Welspun Energy, part of the $3.5 billion Welspun Group, has commissioned the largest solar power plant in the India to date. The project is part of the first phase of the Jawaharlal Nehru National Solar Mission (JNNSM). A total of 490 MW of solar photovoltaic (PV) capacity was allocated in the first … [continued]