News: To promote use of solar products, the Chhattisgarh government has decided to set up 270 shops across the state to sell such products. Under the scheme ‘Sour Mitra Akshay Urja Yoajan,’ 10 shops will be set up in each district of the state through Chhattisgarh State Renewable Energy Development Agency ...
Read More »Power Grid Corporation approves Rs 2,247.37 Cr for its Green Energy Corridors project
News: Power Grid Corporation of India has approved Rs 2,247.37 crore investment plan for the third part of the inter-state electricity transmission project. PGCI has approved investment for Green Energy Corridors: Inter-State Transmission Scheme-Part A and B at an estimated cost of Rs 1,479.30 crore and Rs 3,705.61 crore, respectively. ...
Read More »Adani to set up 650 MW solar power plant in Tamil Nadu
News: The Adani group signed a MoU with the Tamil Nadu government for setting up five solar power plants, with a total capacity of 648-Mw, at a cost of Rs 4,536 crore in Ramanathapuram district, where around 70 per cent of the investment in the project would be met through internal accruals, the balance ...
Read More »Soft Bank, Bharti Enterprises, Foxconn announces $20 bn solar project
News: Japan’s SoftBank Corp, together with Bharti Enterprises and Taiwan’s Foxconn, will invest about $20 billion in solar projects in India, in one of the biggest investment pledges to date in the country’s renewable energy sector. SoftBank will hold majority control in the joint venture, SBG Cleantech Ltd, while Bharti Enterprises Ltd and ...
Read More »India to be world’s no.1 solar market in 3 years
News: According to a consulting and research firm, Bridge to India, India could become one of the largest solar markets in the world in the next three years. Prime Minister, Narendra Modi, set a target of 100 GW of solar generation capacity by 2022, a nearly 33-fold increase from the ...
Read More »Saving of $2 billion in four years through LED lights consumption
News: The government is planning to save $2 billion in four years by cutting down on energy usage by 10,000 MW during peak hours by promoting LED lights. Another important step towards power saving is to boost rooftop solar power production. Description: The plan is to cut down energy demand ...
Read More »Govt approves 17 solar parks
News The government has approved 17 solar parks and plans to auction 15,877 MW of solar generating capacity this year. They are also considering dollar tariffs in some cases to encourage foreign investment, power minister Piyush Goyal said. The government aims to set up 25 solar parks of about 100 ...
Read More »Transmission Lines worth Rs. 33,900 Crore Allotted for Bidding During 2014-15
News With a view to encourage participation of Private sector in building the Transmission capacity in India, Govt. of India had notified 14 power transmission schemes worth Rs. 33,900 crore during 2014-15. Nine schemes worth Rs. 12,272 crore schemes were notified in July 2014 and further 5 more transmission schemes ...
Read More »Rs 980 crore outlay for National Smart Grid Mission: Approved
News The government has approved the National Smart Grid Mission with an outlay of Rs 980 crore. The mission will serve as an institutional mechanism for planning, monitoring and implementing policies and programmes related to the smart grid. Activity Development of smart grid and micro grids, consumer engagements, training and ...
Read More »NITI Aayog prepared a background paper for setting up National Energy Commission
News India meets more than three fourths of its energy requirements through imports. The imports, worth around $150 billion annually, is expected to double by 2030 unless a planned strategy to reduce demand for fossil fuel is put in place at the earliest. “We are exploring the possibility of a ...
Read More »