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Companies Spend Just 6 Percent of CSR Fund on Clean Energy: Report

Key findings of the report showcase that while Corporate Social Responsibility (CSR) programmes in education, sanitation or skills and livelihood have seen a dramatic increase, while it remain low for clean energy and energy access. A report released by Samhita Social Ventures showcases that Indian companies are spending a mere 6 percent of their CSR […]

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Government announces Trajectory to achieve its targets of commissioning 100 GW of Solar generating capacity and 60 GW of Wind power by 2022

Government to conduct Third Wind Power Auction of 2000 MW Capacity Power Supply Agreements signed by SECI with utilities of UP, Bihar, Jharkhand, Assam, Punjab, Goa and Odisha The Government today announced the trajectory for achieving its targets of commissioning 175 GW of Renewable Energy (RE), 100 GW of solar generating capacity and 60 GW […]

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India-World Bank Ink $100 Million Loan Agreement For Clean Energy

The solar parks will be mostly under the Ministry of New and Renewable Energy’s (MNRE) Solar Park Scheme. In a significant development, India and the World Bank have signed a $100 million loan and a grant agreement to help the country increase power generation capacity through cleaner, renewable energy sources. In a statement the World […]

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OERC Introduces Net Metering System in Rooftop Solar Power Project

Net metering allows consumers to power their homes with solar energy, and they will only have to pay for the units of electricity they have taken from the grid. The Odisha Electricity Regulatory Commission (OERC), which has launched a grid-connected rooftop solar programme in August this year, has now introduced net metering system in the […]

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Investonomics on Indian Sun is Hot!

Today, solar power is not merely a power demand catalyst rather this sector preaches colossal economics in the world affairs. Clouds around solar sector have dynamically revolved as murmurs of its transient nature of solar power are eluded. Solar and wind projects in the country would attract USD 20 billion investment each year from next […]

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Saubhagya Scheme to Be in Spotlight at Power Ministers’ Meet

Four crore households are estimated to be electrified under the Saubhagya scheme. Around 90 per cent of these are located in 7 States namely Uttar Pradesh, Bihar, Madhya Pradesh, Odisha, Jharkhand, Rajasthan and Assam. The Centre is expected to ask states to submit their plans and funding requirements for providing electricity to four crore families […]

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How ‘SAUBHAGYA’ is ‘UDAY’, T&D PONDERS?

The demand for power is relentless. With technological advancements, mankind is now consuming more power to aggrandize their lifestyle. Many energy experts reckon initiatives like ‘Power for All’, ‘Digital India’ and ‘Smart Cities’ shall be reigned through only increasing and distributing reliable power needs. There has been a prolong discussion on the reliability, security and […]

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PERSPECTIVE

The government of India has set an ambitious target of 175 GW of renewable power installed capacity by the end of 2022, of which 58 GW has been installed so far. The Indian solar market added 1,869 MW in the second quarter of 2017, bringing installations in the first half of the year to 4,765 […]

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