Two of India’s biggest renewable energy companies, Greenko Group PLC and ReNew Power Ventures Pvt Ltd, plan to sell a combined $750 million worth of rupee-denominated bonds in the domestic market, three bankers told Reuters on Tuesday.
National Aluminium Company (Nalco) is betting big on renewable energy resources to meet its rising power requirements.
Raj Kumar Singh on Tuesday took over as new Union Minister of State (IC) in Ministries of Power & New & Renewable Energy here today.
No new coal-based power plants will be allowed by the Centre, apart from the ones already under construction. This has been included in the national electricity plan.
The International Solar Alliance (ISA), PM Modi’s bid to bring over 121 solar energy-rich countries under a single umbrella, has been in the works for the past two years.
The ministry of new and renewable energy has redefined quality norms for photovoltaic (PV) cells and panels in order to contain cheap products from hampering the National Solar Mission.
Hyderabad-based Visaka Industries, one of country’s largest manufacturers of fibre cement boards, is in talks with several state governments for usage of its integrated solar panel with a concrete base as roofs in their affordable housing projects and is setting up a manufacturing unit in Telangana for the same.
ABB India will provide solar inverters to 750 railway stations in north India in a bid to reduce dependence on traditional sources of energy.
Offshore wind plentiful along the coast of southern India can be a potential source to meet the increasing energy demand in this region, scientists at the National Institute of Ocean Technology (NIOT) in Chennai report.
As more states take the route of revision of tariffs for renewable energy projects as recent bids have gone ultra low, the sector could see a major shakeup with close to 7 GW under pressure.