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Tata Power Shifts Complete Focus to Renewable Energy, to Cease Building New Coal Plants: Report

Utility ceases new coal-fired power development, creates a future based on renewables. One of the country’s largest private integrated power company, Tata Power has recently made it publicly clear that it will cease building new coal-fired capacity, according to a report released by the Institute for Energy Economics and Financial Analysis (IEEFA). The report, Tata Power: […]

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Step Up Research on Minerals and Energy From Oceans to Boost Economy : Naidu

Vice President Venkaiah Naidu recently said that a focused approach in areas such as minerals and energy from oceans can help India become the third largest economy in the next 10-15 years.  Addressing scientists at the CSIR-National Institute of Oceanography (NIO) near here, he said that at the same time, further degradation of marine ecosystems should […]

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Declaration Calls For More Ocean-Based Renewables

We must reconcile the desire to expand offshore renewables with the necessity to preserve our marine environment. The Belgian government recently organised a major international conference on ‘Climate Change and Oceans Preservation.’ The Belgian government asked WindEurope to run the panel on the happy co-existence of ocean energy and biodiversity. The panel comprised EU Commissioner […]

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CCEA Approves Launch of Rs 34,422 Crore KUSUM Scheme

The total central financial support provided under the scheme would be Rs. 34,422 crore. The Cabinet Committee on Economic Affairs (CCEA) has approved the launch of the Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM) with the objective of providing financial and water security to farmers. The proposed scheme consists of three components: Component-A: 10,000 MW […]

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CCEA Approves Proposal For Setting Up 12 GW Solar Projects 

The Scheme will mandate the use of both solar photovoltaic cells and modules manufactured domestically. The Cabinet Committee on Economic Affairs (CCEA) has approved the Ministry of New & Renewable Energy’s (MNRE) proposal for implementation of the Central Public Sector Undertaking (CPSU) Scheme Phase-ll for setting up 12,000 MW grid-connected Solar Photovoltaic (PV) Power Projects, […]

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CCEA approves proposal for setting up 12,000 MW grid-connected Solar Photovoltaic (PV) Power Projects

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister, Shri Narendra Modi, has approved the Ministry of New & Renewable Energy’s proposal for implementation of the Central Public Sector Undertaking (CPSU) Scheme Phase-llfor setting up 12,000 MW grid-connected Solar Photovoltaic (PV) Power Projects, by the Government Producers with Viability Gap Funding (VGF) support […]

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CCEA Approves Sale of Govt’s 52.63% Stake in REC to PFC

It may also allow for cheaper fund raising with increase in bargaining power for the combined entity. The Cabinet has provided its ‘In Principle’ approval for the strategic sale of the government’s existing 52.63 percent total paid-up equity shareholding in Rural Electrification Corporation (REC) to Power Finance Corporation (PFC). The government said in a notification […]

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CEA Marks Peak Power Deficit for April-July at 0.9%

The report for peak power deficit has been projecting against the CEA’s forecast that said India would be a power surplus country by 2018-19 with energy and peak power surplus at 4.6 and 2.5 percent respectively. Central Electricity Authority (CEA) has asserted country’s peak power deficit at 0.9 percent and overall electricity deficit at 0.6 […]

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Viz-A-Viz with Philippe Montarnal, Second Counsellor | French Embassy in India Head CEA office in India

Q. What are the new trends which are shaping the Solar Energy market specifically to Indian scenario? The current Indian Govt. has a strong nudge towards Solar Energy. The Government has proposed many new initiatives to woo the tech corridors? What are your comments to it? India’s renewable energy sector is booming. After his election […]

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