SUBSCRIBE NEWS LETTER

World Bank

Need To Make Development Financing Institutions for Infrastructure Development

The government and regulators have taken effective steps at appropriate times to save the liquidity for the infrastructure projects and create effective demand in the market for continuity of businesses, deliberated Padmanabhan Raja Jaishankar, Managing Director, IIFCL, Government of India, in a session organised by PHD Chamber of Commerce and Industry on ‘Infrastructure Investment During COVID […]

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India’s Top 5 Solar Power Producers Based on Installed Capacity

In India’s energy sector which is largely dominated by coal-powered plants, we take a look at the top 5 power producers which are producing power from what India expects will take over from coal in the long term as its leading source of energy – Solar Energy. Solar energy has become the leading resource for […]

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FIEE SGR Closes its Second Fund Dedicated to Energy Efficiency

FIEE SGR the leading Italian fund specialising in energy efficiency for energy transition has launched its second fund with the 1st close of €127.5 million Fondo Italiano per l’Efficienza Energetica SGR (FIEE SGR), the leading Italian fund and one of the largest European funds specialising in energy efficiency for energy transition, has launched its second […]

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SunSource Inaugurates 6 MW Rooftop Solar PV Project

Project is developed on 5 rooftops, spread across 21,00,000 square feet SunSource Energy, a leading provider of solar-based energy and storage solutions to commercial and industrial organizations, today inaugurated its 6 MW rooftop solar PV project in Bhilwara, Rajasthan. This project will provide clean energy to one of the industrial sites of one of the leading textile companies based […]

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RBI Governor Hints at Power Sector Reforms

For the next wave of growth of renewables, fast-paced changes need to be implemented Recently, the Governor of Reserve Bank of India (RBI), Shri Shaktikanta Das, addressed members of the National Council of the Confederation of Indian Industry (CII), regarding whether dynamic shifts are underway in the Indian economy. Stating that the country’s power sector […]

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PTC India to use Rs 135 Crore Tax Refund for Financing Green Projects

PTC India Financial Services is set to receive a tax refund of ~Rs 135 crore and plans to use it for further financing of green projects. PTC India Financial Services has revealed that the Income Tax Department has processed its return of income for the assessment year 2019-20 (financial year 2018-19) and determined a refund […]

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20% Duty on Solar Power Equipment to cut Imports: Anurag Thakur

The government is considering a 20% basic customs duty on solar equipment to discourage imports, particularly from China, Anurag Thakur has said. The government is considering a proposal by the Ministry of New and Renewable Energy (MNRE) to impose 20 percent basic customs duty on solar modules to provide an edge to domestic manufacturers and discourage imports, […]

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EIB to Provide Support for 3 First-of-a-Kind Climate Action Projects

EIB has signed 3 agreements with leading European innovators to collaborate on the development and financing of new projects that address climate change. The European Investment Bank (EIB), one of the world’s largest providers of climate finance, has announced that it has signed three agreements with leading European innovators to collaborate on the development and […]

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FICCI Makes the Case for Extending FAME-II by 2 Years

FICCI has recommended various measures, including the continuation of the FAME-II scheme till 2025, to enhance the demand for electric vehicles in the country. The Federation of Indian Chambers of Commerce & Industry (FICCI) has recommended various measures, including the continuation of the FAME-II scheme till 2025, to enhance demand for electric vehicles in the country. The […]

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