SUBSCRIBE NEWS LETTER

renewable power in India

Tata Power Solar Commissions 3 MW Solar Power Plant at Noamundi

The 3 MW Solar Power Plant is the first solar plant will help in reducing CO2 emission by about 3000 tonnes per annum. With due consideration towards Tata Steel’s initiatives towards reducing carbon footprint, a 3 MW Solar PV Power Plant has been commissioned at Noamundi. This is the 1st Solar Power Plant in any […]

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Kochi Metro System to Get 25 Percent of its Power from Rooftop Solar

The cumulative capacity of rooftop solar power systems will be 4 megawatts and are likely to be partially operational by October this year. Kochi Metro, recently launched in the Indian state of Kerala, will get a quarter of its total electric supply from rooftop solar power systems. This makes the Kochi Metro project unique as […]

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Solar and Wind to be Cheapest Source of Power Generation by 2030

With the G20 summit underway in Hamburg today, the study carried out by Greenpeace Germany said in about half of the G20 countries, renewable energy has been cheaper or equal in price to electricity generated from dirty coal or hazardous nuclear power plants since 2015. Wind energy and solar power will be the cheapest form […]

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GUVNL Extends the Bidding Deadline for 1000MW Renewable Power

The lack of clarity on GST rates has prompted Gujarat Urja Vikas Nigam Ltd to extend extended the deadline for submitting bids for 1000MW solar and wind power supply. Gujarat Urja Vikas Nigam Ltd (GUVNL) has extended the deadline for submitting bids for 1000MW solar and wind power supply. The decision has come after prospective […]

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IFC Invests Rs 667 Crore in L&T Infrastructure for Solar Power Projects

L&T Infrastructure Finance Co will use the fund to provide loan to solar power projects across India. The World Bank’s private financing arm IFC has invested Rs 667 crore ($103 million) in L&T Infrastructure Finance Co by subscribing to the first official Green Bonds in India, as stated in a joint statement by both the […]

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Piramal Finance Introduces ‘Flexi Line of Credit’ for Renewable Energy, Sanctions an Additional Rs. 700cr to ACME Solar

Piramal Finance Limited (PFL) had first invested Rs. 499 Cr with ACME in July 2016, together with its partner APG. Piramal Enterprises, through its subsidiary Piramal Finance Limited (PFL), sanctioned an additional Rs.700Cr to ACME Solar Holdings Limited. The deal was made through Corporate Finance Group (“CFG”) of Piramal Finance Limited by introducing a new […]

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Rays Power Infra commissions 5.5 MWp Solar PV project in Karnataka

“Rays Power Infra Pvt. Ltd. has done the complete design, engineering, civil work, Installation process, testing and commissioning of the Solar PV project.” Rays Power Infra has announced that it has successfully completed a 5.5 MWp Solar PV equity project in Karnataka. The project execution work was started in October’2016 while the project was commissioned […]

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Varanasi to Turn into India’s First Green City

Piyush Goyal’s visit to Germany has helped the ministry to work on the plans to make Varanasi into India’s First Truly Green City. The Government of India is planning to initiate a new plan to reduce the carbon footprints of Varanasi. On the anvil are solar power generation plants and green energy initiatives to reduce […]

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