L&T Finance Holdings was the biggest lender to renewable energy projects in 2018. The company lent ₹7,650 crore to renewable energy projects, according to a recent report of New Delhi-based research and analysis body, Centre for Financial Accountability (CFA).
Renewable energy developer and wind turbine manufacturer, Siemens Gamesa Renewable Energy has secured an order with Alfanar for the supply of 206 units of the SG2.2-122 wind turbines for two wind farms totaling 453 MW in India.
The Maharashtra Electricity Regulatory Commission (MERC) has dismissed a petition filed by Maharashtra State Electricity Distribution Company Limited (MSEDCL) seeking the approval of tariff for 1,170 MW of solar projects to be set up under the Mukhyamantri Saur Krishi Vahini Yojana.
Andhra Pradesh has shown the first sign of changing its controversial stand that contracts with renewable energy companies should be renegotiated to bring down tariffs, as a top-ranking official told ET that the state was only targeting projects where corruption was evident.
Andhra Pradesh has shown the first sign of changing its controversial stand that contracts with renewable energy companies should be renegotiated to bring down tariffs, as a top-ranking official told ET that the state was only targeting projects where corruption was evident.
Did you know that as you are sitting and reading, using the internet you’re already contributing to global warming? Yes, because the machines that run to keep the electricity for your Internet going, 24/7, all around the year,
India may be the fastest growing energy market in the world, but its lending to coal power projects had seen a massive dip last year as compared to 2017. The renewables (solar and wind) had, on the other hand, attracted four times more project finance lending than what was earmarked for coal-fired power plants during the period.
Life of over 15,000 tribals in the hilly areas of Rohtas district is changing fast with a host of development schemes launched by the district administration.
India will require investment between $500 billion and $700 billion in renewable energy sector and the supporting grid network over the next decade in order to meet its energy targets even as the country needs to resolve a few sovereign risk issues quickly.
Home to more than 1 billion people, India is a huge economic, political and cultural force and when it comes to renewable energy, Prime Minister Narendra Modi’s government has ambitious plans.
