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Rural Electrification

Financers, Bankers and Economists Discuss Measures to Improve Financing for Renewable Energy Projects; Laud India’s Achievements in Renewable Energy

Leading bankers and renewable energy financing experts from multi-lateral agencies discussed solutions to issues pertaining to financing of renewable energy projects, and how access to financing can be improved to expand clean energy projects across the world, at a Plenary Session titled ‘Bankers’ Perspective on Renewables’, of the 2nd Global RE-Invest India-ISA Partnership Renewable Energy […]

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REC Signs € 200 mn Loan Agreement with Germany’s KfW Bank

This is REC’s fourth line of credit under Indo-German Development Cooperation which will be utilized to fund green energy projects in India. State-run entity responsible for financing rural infrastructural projects, Rural Electrification Corporation (REC) has signed a loan agreement with German bank KfW worth euro 200 million for funding renewable energy projects. This is REC’s fourth line […]

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Viz-A-Viz with John Martin Thomas, MD, Talesun Solar, Switzerland AG

Q. Can you please introduce John Martin for us? I am an Overseas Citizen of India (OCI) and did my studies in Switzerland, settled in Italy in Milan. I am the Chairman of the save Indian Royal Heritage that is the (Trust of 560 royal families) for saving our royal heritage viz palaces and forts […]

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Solar Boom – A Fantastic Fillip for India!

India’s solar boom proved to be a game changer for the country’s renewable growth trajectory, as the sector witnesses’ sharp momentum during the past four years under the leadership of Prime Minister Narendra Modi. In 2014, when he took PM’s chair, India had about 2.63 GW of solar energy capacity, which now surged to nearly […]

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Financing Indian Sun

After out-passing teething troubles related to GST implementation, India firmly cements it’s place as the fastest growing major economy in the world by clocking GDP growth rate of 7.7 per cent during the January to March quarter of FY 18. India, being the Asia’s third-largest economy, clinched this position after surpassing China’s 6.8 per cent […]

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R K Singh Asks States to Speed Up Work under Saubhagya; Assures All Possible Support

The Power Minister further said that draft on amendments to Electricity Act will also be circulated soon. The Renewable Energy Minister R K Singh has discussed the progress of work under Saubhagya, Gram Swaraj Abhiyan and Deen Dayal Upadhyaya Gram Jyoti Yojna in a ‘Review, Planning and Monitoring (RPM) Meeting’ with the secretaries of power/ energy […]

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REC Pledges $1 Million Contribution Towards International Solar Alliance

In presence of the Power Minister R K Singh, REC’s Director (Technical) S K Gupta and other senior officials from the two organizations, the REC Chairman and Managing Director P V Ramesh handed over the cheque to Interim Director General of ISA Upendra Tripathy. Rural Electrification Corporation, (REC) a state-run power sector financier has announced […]

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Energy is a basic human right, says Schneider Electric at Sustainable Energy for All Forum  

The agenda was to share the latest evidence of progress on SDGH7 and scalable innovations in providing energy efficiency around the world. Schneider Electric, a digital transformation of energy management and automation, recently participated in the Sustainable Energy for All (SEforALL) Forum in Lisbon. The theme of the forum was “leaving No One Behind”. The […]

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Pema Khandu Inaugurates Arunachal Pradesh’s Biggest Solar Plant

The plant was commissioned on April 1 at an estimated investment of Rs 8.50 crore and has a capacity of 1 MW power generation. At Energy Awareness Park, Arunachal Pradesh CM Pema Khandu along with Power Minister Tamiyo Taga inaugurated the state’s biggest solar power plant. According to a statement issued by state government the […]

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