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Sikkim would derive an Overall Net Benefit of approximately Rs. 207 crores through UDAY by way of cheaper funds, reduction in AT&C and transmission losses, interventions in energy efficiency, etc. during the period of turnaround. The Government of India and the State of Sikkim has signed a Memorandum of Understanding (MOU) under the Scheme Ujwal […]
IDFC Bank will be sanctioning Rs 675 crore for a solar power project in Rajasthan owned by French company Solairedirect. IDFC Bank is creating a renewable energy niche in loans, sanctioning Rs 675 crore to a Rajasthan-based solar power project owned by French company Solairedirect. The deal could be an early sign of a revival […]
NTPC has planned capacity addition of about 1,000 MW through renewable resources by 2017. In this endeavour, NTPC has already commissioned 310 MW solar power projects. NTPC has announced that it has commissioned 115 MW capacity out of 260 MW of Bhadla Solar Power Project. With this, the installed capacity of NTPC’s solar power projects […]
Rooftop projects are taking the ramp and opening new avenues for solar rooftop players. This sector is no more in silos with players like CleanMax Solar are popping new stratagem to spur this segment. Notching recent accolades from MNRE and other prime consultancies, CleanMax have perennially catered to affluent MNCs and corporates. The recent 30MW […]
The State Government will first nominate the Solar Power Park Developer (SPPD) and also identify the land for the proposed solar park. It will then send a proposal to MNRE for approval along with the name of the SPPD. The Cabinet Committee on Economic Affairs, chaired by the Prime Minister, Narendra Modi has approved the […]
Moving towards a renewable energy to reduce dependence on coal for electricity, Mumbai’s Don Bosco Schools to get solar energy system. Don Bosco Organization, which runs five schools and one college in Mumbai, plans to move towards a zero energy setup- reducing the use of coal for electricity and increasing the consumption of solar energy […]
In Surat, Rs 500 crore smart city schemes’ rollout before fiscal-end The Diamond City is a forerunner when it comes to implementation of the smart city project and this has even been acknowledged by the central government often. Automatic fare collection system in buses, my Surat-citizen engagement enterprise and visual improvement project together worth Rs […]
Research and Markets forecasts the Middle East & African market to be the largest growing market for concentrating solar power installations from 2016 to 2021. Research and Markets in its new report projected the concentrating solar power market to reach USD 10.96 billion by 2021, growing at a CAGR of 10.3% from 2016 to 2021. […]
The Atal Jyoti Yojna provides for 75 per cent of cost of solar street lighting through the ministry’s budget and the balance 25 per cent is to be provided from MPLADS funds, Panchayat and Urban Local Bodies’ funds. All Members of Parliament have been asked to contribute through their MPLADS fund towards providing solar powered […]
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