The first six months of the current year saw more capacity addition in the solar sector than the whole year of 2016.
India has added 13,652 MW of solar generation capacity as at the end of July, with seven states including Andhra Pradesh, Gujarat and Karnataka crossing 1,000 MW mark, Union power minister Piyush Goyal told parliament on Thursday.
India Shows The Way To The World In Fight Against Climate Change,
Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal presided over the launch of World’s largest efficient lighting programme, UJALA – UK (UK Joins Affordable LEDs for All) by Energy Efficiency Services Ltd. (EESL) in London, United Kingdom today.
Piyush Goyal will formally announce state run EESL’s investment of 100 million pounds in the UK over the next 3 years.
Union Minister of State (IC) for Power, Coal and New & Renewable Energy and Mines, Piyush Goyal will be visiting Austria and United Kingdom from 10th to 13th May 2017 for an Energy Dialogue with both the countries.
Axis Bank, Barclays Bank, ICICI, MUFG, and Standard Chartered Bank were the bookrunners for the offering.
India’s largest power generating company, NTPC Ltd on Wednesday raised Rs 2000 crore through rupee denominated bonds or masala bonds. This forms part of NTPC’s $4 billion medium term note programme for funding its capital expenditure needs.
Prime Minister Narendra Modi’s vision of ‘Make In India’ and US President Donald Trump’s emphasis on ‘Make in America’ are “not contradictory”, Minister of State for Petroleum and Natural Gas Dharmendra Pradhan has said.
In what can rival the likes of Russia’s Rosneft ($55 billion in market cap) and UK’s BP Plc ($112 billion) in market value and financial power, finance minister Arun Jaitley while presenting the Union Budget 2017 announced creation of an integrated public sector ‘oil major’ by integrating the oil sector PSUs across the value chain and to enhance capacity of Oil PSUs to bear higher risks, avail economies of scale, take higher investment decisions and create more value for the stakeholders.