Separate Solar RPO Queried By Indian Minister

Separate Solar RPO Queried By Indian Minister

India may soon review its Renewable Purchase Obligation (RPO) mechanism to give targets more suited to the environment of each state and offer more flexibility, according to energy minister Piyush Goyal.

Tata Power To Invest $90 Million In Renewable Energy Arm TPREL

Tata Power To Invest $90 Million In Renewable Energy Arm TPREL

Tata Power Co. Ltd plans to invest around $90 million (close to Rs600 crore) in equity capital in its renewable energy arm Tata Power Renewable Energy Ltd (TPREL) as the company seeks to develop its immediate pipeline of 320 megawatts (MW) of solar assets, two people aware of the development said.