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Encourage Capital’s Fund For Indian Rooftop Segment Closes at $40 Mn

Encourage Capital has announced the first closing of a new fund at $40 million, which will invest in Indian commercial rooftop solar segment Encourage Capital, LLC, an impact investment asset manager and advisory firm, has announced the first closing of a new private equity fund, Encourage Solar Finance, L.P. at $40 million. The fund will […]

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Payment Security Mechanism for Power Purchase by DISCOMs Approved

RK Singh has approved the proposal to make it mandatory for discoms to open and maintain adequate LC as Payment Security Mechanism under PPAs RK Singh, Union Minister of State for Power and New & Renewable Energy (IC) has approved the proposal to make it mandatory for discoms to open and maintain adequate Letter of […]

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Dispute Resolution Committee Takes Shape as Power Minister Selects Members

In a major decision to facilitate the solar and wind energy projects R K Singh, Power Minister has selected the members of the Dispute Resolution Committee In a major decision to facilitate the solar and wind energy projects, R K Singh, Union Minister of State for Power and New & Renewable Energy (IC) has approved […]

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India to Add 131.31 GW of Power Generation Capacity till 2022: R K Singh

India will add 131.31 GW of power generation capacity from 2019 to 2022, the Parliament was informed in a written reply from R K Singh. India will add 131.31 GW of power generation capacity from 2019 to 2022, the Parliament was informed in a written reply from Union Minister of State for Power and New and Renewable […]

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NTPC Wins 40 MW Solar Capacity in Uttar Pradesh

NTPC has won 40 MW solar projects in an auction conducted by UPNEDA recently. State-run power utility NTPC has announced that it has won 40 MW solar energy projects in an auction conducted by Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) recently. The company will now develop two solar projects worth 20 MW each at the […]

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GRIHA, Indian Institute of Architects Ink MoU to Promote Green Buildings in India

As per the MoU signed, both the bodies aimed to spread awareness about the necessity of green and sustainable architecture along with the GRIHA rating tool to evaluate the performance of such buildings. With an aim to spread awareness about green buildings in the country, green rating system GRIHA Council has joined hands with the […]

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NTPC Issues Tender For Civil Works For 24 MW Solar Plant in Solapur

NTPC has invited bids from eligible bidders for the civil works package of 24 MW solar project at Solapur. NTPC Ltd. has invited bids from eligible bidders who are enlisted with the NTPC for the civil works package of 24 MW solar project at Solapur in Maharashtra. The brief scope of work for the selected […]

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RK Singh Assures Support for Power, RE Sector Development in Raj

During the meeting, RK Singh asked Rajasthan Energy Minister, Kalla, to further improve the power sector in the state. The Union Power Minister Raj Kumar Singh, in continuation of his second term in the Modi government, met with the Energy Minister of Rajasthan, BD Kalla, in New Delhi and assured him of all possible support […]

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ADB, USAID Partner to Expand Asia-Pacific’s Sustainable Energy Market

USAID has launched a partnership with ADB to accelerate the transition to a more sustainable, secure, and energy sector in Asia and the Pacific. The United States Agency for International Development (USAID) has launched a partnership with the Asian Development Bank (ADB) to accelerate the transition to a more sustainable, secure, and market-driven energy sector […]

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