Cabinet approves Initial Public Offer of Indian Renewable Energy Development Agency Limited Updated On Wed, Jun 7th, 2017 by Saurenergy The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval to: (a) issue 13,90,00,000 fresh equity shares of Indian Renewable Energy Development Agency (IREDA) of Rs.10 each to the public on book-building basis through the IPO; (b) issue shares to retail investors and IREDA employees at a […] Read more
U.S. Energy Secretary Challenges China to be “Real Leader” On Climate Issues Updated On Tue, Jun 6th, 2017 by Saurenergy President Donald Trump’s decision last week to pull the U.S. out of the Paris climate agreement has sparked speculation that he is creating a leadership void that China could fill. U.S. Energy Secretary Rick Perry said Monday that he hopes China will step forward to be a “real leader” on climate issues, while refuting criticism […] Read more
Indian Railways to Reduce Emission by 33 Percent by 2030 Updated On Mon, Jun 5th, 2017 by Saurenergy The use of renewable sources of energy will be promoted for which a big target has been set to achieve 1000 MW of solar power installed capacities. Going green, the Indian Railways is stepping up efforts to reduce emission by 33 percent in the next 10-12 years through sustained energy efficiency measures and maximum use […] Read more
ADB and PNB sign $100 million loan to finance Solar Rooftop projects Updated On Fri, Jun 2nd, 2017 by Saurenergy PNB will use the ADB funds to make further loans to various developers and end users to install rooftop solar systems. The Asian Development Bank (ADB) and the Punjab National Bank (PNB) recently signed a $100 million loan to finance large solar rooftop systems on industrial and commercial buildings throughout India. The loan will be […] Read more
Piyush Goyal Launches 3rd ISA Programme on Scalling Up Minigrids and Microgrids Updated On Thu, May 25th, 2017 by Saurenergy Piyush Goyal has urged all the African nations to participate in the International Solar Alliance (ISA) and work towards the of solar energy rich world. Union Minister of State for New & Renewable Energy, Power, Coal and Mines Piyush Goyal has launched 3rd International Solar Alliance programme on ‘Scalling Up Minigrids and Microgrids’ at the […] Read more
Cabinet Approves Raising of Bonds of Rs. 2360 crores for Renewable Energy Updated On Thu, May 25th, 2017 by Saurenergy MNRE will raise the bonds through the Indian Renewable Energy Development Agency, and the funds will be used for approved programmes/schemes for solar park, green energy corridor, generation-based incentives and more. The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to Raising of Bonds of Rs. 2360 crores for […] Read more
Poverty elimination cannot be ensured in Africa without ensuring energy Updated On Wed, May 24th, 2017 by Saurenergy Shri Piyush Goyal launches 3rd ISA programme on ‘Scalling Up Minigrids and Microgrids’ in the annual meeting of African development bank today Union Minister of State for New & Renewable Energy, Power, Coal and Mines Shri Piyush Goyal launched 3rd International Solar Alliance programme on ‘Scalling Up Minigrids and Microgrids’ at the annual meeting of […] Read more
GST to cause significant disruption to the solar sector: Bridge to India Updated On Tue, May 23rd, 2017 by Saurenergy Bridge To India notes that the biggest surprise for the power and renewable sector is the announcement of 18% tax rate for solar modules as compared to a present effective rate of zero Government of India recently released final GST rates under the new indirect tax regime proposed to be rolled out from July 1. […] Read more
MNRE invites EoI from qualified Professionals as Trainers for Technical Assistance Program Updated On Thu, May 18th, 2017 by Saurenergy It is proposed to impart training to 10,000 Utility Engineers and 5,000 Entrepreneurs in the country as a part of Ministry’s initiative on imparting skill. As directed by MNRE, NISE shall be the implementing agency for the same. To cater these training requirements, it is required to create a pool of trainers in this sector […] Read more