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RK Singh Meets IPPs; Assures to Resolve Issues

Singh said that their concerns would be examined into and assured them of suitable action in consultation with concerned departments to strengthen the power sector. The Union Power Minister R K Singh has met with Independent Power Producers (IPPs) and discussed about the issues faced by them. He assured IPPs to find out possible solutions. […]

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Policy measures for promotion of new & renewable energy

Total capacity of 65 GW renewable energy installed in the country so far The Government of India has undertaken a number of policy measures for increasing share of renewable energy in India’s energy mix. These, inter-alia, include: a) Provision of Renewable Purchase Obligation (RPO) under the National Tariff Policy; b) Notification of the long term […]

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AFDB Signs Deal With ISA to Propel Solar Development in Africa

African Development Bank and International Solar Alliance will jointly support technical assistance and knowledge transfer for solar development and deployment in sun-shine rich African countries. In a major boost for its Light up and power Africa initiative, the African Development Bank has entered into partnership with the International Solar Alliance (ISA) to scale up solar […]

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NDB, ISA Join Hands to Promote Solar Energy

The Declaration was signed by K V Kamath, the NDB President and Upendra Tripathy, Interim Director General of ISA, in the presence of Finance Minister Arun Jaitley. The New Development Bank (NDB), formerly known as the BRICS Development Bank, and International Solar Alliance (ISA) has tied up to promote solar energy across the globe. “On […]

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ADB, ISA Sign Pact to Promote Solar Energy

The ISA and the ADB would also cooperate on knowledge sharing and developing technology roadmaps for the promotion of solar energy. The Asian Development Bank (ADB) and the International Solar Alliance (ISA) has signed a cooperation arrangement to promote solar energy deployment in Asia and the Pacific. Upendra Tripathy, ISA interim director general and ADB […]

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Modi, Macron Inaugurate Solar Power Plant in UP

The solar plant was built at a cost of around Rs 500 crore by French firm ENGIE. Prime Minister Narendra Modi and French President Emmanuel Macron has jointly inaugurated the Uttar Pradesh’s (UP’s) biggest solar power plant, which was built at a cost of around Rs 500 crore by French firm ENGIE. The 75 MW […]

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Don’t Grant Loans to Huge Loss Making Discoms, says RK Singh to REC, PFC

He said that many distribution companies have been making heavy transmission and distribution (T&D) losses and it may be difficult for them to repay the loans. In a review meeting, the Union Minister of State (IC) Power and New & Renewable Energy, R K Singh has directed the two financing arms of the Power Ministry […]

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EIB to Sign Loan Agreement with India for Renewable Energy Projects on March 10

The EIB claimed that it is the world biggest financier of climate action and clean energy projects. In 2017 the EIB financed EURO 19.6 billion of climate action projects, which is about 28 percent of its total financing. In a significant development, European Investment Bank (EIB) said it will ink an agreement on Saturday to […]

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