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World Bank

Cabinet approves proposal of MNRE for ratification of ISA’s Framework Agreement by India

ISA will strive to bring together more than 121 solar resource rich nations for coordinated research, low cost financing and rapid deployment Union Cabinet, chaired by the PM Narendra Modi has approved the proposal of MNRE for ratification of International Solar Alliance’s (ISA) Framework Agreement by India. ISA was launched jointly by the Prime Minister […]

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India Signs Grant Agreement with IBRD of USD 5.19 million for Improving Energy Efficiency in MSME’s projects

An agreement for GEF Grant of USD 5.19 Million for “Additional Financing for Financing Energy Efficiency at MSMEs Project- Programmatic Framework for Energy Efficiency” was signed by Raj Kumar, Joint Secretary (MI), Department of Economic Affairs on behalf of the Government of India and Junaid Ali Ahmad, Country Director, World Bank (India) on behalf of […]

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Solar power tariff hits all time low at Rs. 3 per unit

The solar tariff has fallen to an all—time low of Rs. 3 per unit, which was quoted by Amplus Energy Solutions in an auction for rooftop solar power conducted by Solar Energy Corporation of India (SECI).  “In a move that will offer the cheapest power from solar rooftop plants, Amplus Energy Solutions has won a […]

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3019 MW of Solar Energy Capacity Added in 2015-16: Piyush Goyal

Power, Coal, New & Renewable Energy and Mines, Minister Piyush Goyal in Lok Sabha on Thursday said that a total of 3019 MW of solar energy capacity addition was recorded during the year 2015-16. The minister shared that World Bank has recently approved a total amount of US $ 625 million consisting of World Bank […]

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Vibrant Gujarat Global Summit 2017 road show held in China

The government of Gujarat which is a favorite destination for Chinese investors, held a road show here inviting them to take part in the ‘Vibrant Gujarat Global Summit’ to be held early next year. A delegation of Gujarat government officials and industrialists led by Sanjay Prasad, Principal Secretary, Agriculture and Cooperation, made presentations about the […]

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India committed to promote International Solar Alliance, says Goyal

Terming Prime Minister Narendra Modi’s International Solar Alliance (ISA) initiative as a unique implementation-focused alliance, Union Power Minister Piyush Goyal said the 3P model of Partnerships, Programmes and Planning will be the key to achieve this. Speaking at the ‘SWITCH’ Electrical Show here, Union Power Minister mentioned, “An idea then, ISA has now transformed into […]

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REI 2016 – The Countdown begins for South Asia’s Biggest Renewable Energy Trade Expo

South Asia’s leading Renewable Energy Trade Expo by UBM India, Renewable India Expo 2016 (REI) to kick-off from September 7-9, 2016 at the India Expo Center, Greater Noida. Expected to congregate 40 participating countries, house over 650 exhibitor, 1000 + Delegates and attract over 25,000 visitors – in its flagship 10th anniversary of the event […]

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Solar Energy Sector Has Immense Potential to Grow Within The Next Few Years: Hiten Parekh, Sr. Vice President at Waaree Energies Limited

Founded in 1989, WAAREE Energies Ltd is a flagship company of Waaree Group. The company has poised as a pioneer in the global solar energy space. To bring on context, the company flaunts India’s largest solar PV module manufacturing capacity of 500 MW. Waaree Energies is a broad presence across the solar value chain providing […]

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