Tags: renewable energy

Govt working on plan to triple domestic solar manufacturing capacity

The central government has proposed a major push to domestic manufacturing of renewable energy equipment in the country that would completely eliminate the need for imports, particularly from countries such as China. As part of the plan, an accelerated manufacturing plan is being operationalised that is incentivising setting up of solar cell manufacturing capacity of […]

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High customs duty on Chinese imports likely to be exempted for PPA solar projects

Music to the ears of solar power producers setting up their projects using Chinese equipment, government proposes to exempt those having power purchase agreements (PPAs) with procuring states from the steeper customs duty levy. Sources in the power ministry said that all solar power projects having valid PPAs as on August 1, 2020 will escape […]

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Coal India, NLC India JV to install 3,000-MW solar power assets

Coal India Ltd (CIL) and NLC India together will develop solar power assets of 3,000 MW with a likely investment of around Rs 12,000 crore, said sources speaking to PTI. The two companies recently announced that they would form a JV to develop 5,000 MW of solar and thermal power assets across the country. They […]

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Atma Nirbhar Bharat Abhiyan To be given boost in Power Sector: R.K. Singh

R.K. Singh, the Union Minister of Power and New & Renewable Energy and Skill Development & Entrepreneurship (IC), highlighted the need of Atma Nirbhar Bharat Abhiyan, envisaged by Prime Minister Narendra Modi, in Power Sector while addressing the Power Ministers of State Governments and UTs through video conference.  He said that our country’s import bill […]

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Sharp spurt in clean energy innovation needed to reach climate goals: IEA

According to a report released by the International Energy Agency (IEA)–a major acceleration in clean energy innovation is needed for the countries and companies around the world to fulfil their pledges to bring their carbon emissions down to net-zero in the coming decades,. The report assesses the ways in which clean energy innovation can be […]

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AEML to install 7 lakh smart meters to enable real-time unit reading for consumers

After been criticized and receiving backlash from the consumers including Bollywood celebrities for inflated bills in June, Adani Electricity Mumbai Ltd (AEML) on Tuesday said it will soon install over seven lakh smart meters in the coming months to ensure real-time information to consumers on their electricity consumption. The company distributes power to around 30 […]

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Post COVID 19 Clean Energy can Support India’s Economic Recovery: Report

NITI Aayog and Rocky Mountain Institute (RMI) in its new report identify how COVID-19 is beginning to influence the clean energy transition in India, specifically for the transport and power sectors. The report recommends principles and strategic opportunities for the country’s leaders to drive economic recovery and maintain momentum towards a clean energy economy. COVID-19 […]

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Enel Green Power wins first solar tender of 420 MW of capacity in India

Enel Green Power through its Indian renewable subsidiary EGP India, has been awarded the right to sign a 25-year energy supply contract for a 420 MW solar project in India, which will be located in the State of Rajasthan and will be its first solar plant in the country. The project was awarded under the […]

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PFC, REC likely to restrict funding to projects based on Chinese equipment

The government’s economic response against China may see public sector financiers restricting funding of projects that ise equipment from the neighbouring country, sources said on Monday. The practice would first be adopted in the power sector, where state-owned Power Finance Corporation (PFC), Rural Electrification Corporation (REC) and Indian Renewable Energy Development Agency (IREDA) propose to […]

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Dismissing canards against power reforms, R K Singh says making sector viable only challenge left

Brushing aside canards being spread by certain lobbies against reforms, Power Minister R K Singh on Friday said the only challenge left is to make the sector viable through efforts like amendments in the Electricity Act and revising tariff policy. “India is a power surplus nation. We are well connected (in terms of power transmission). […]

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