Cabinet approves Initial Public Offer of Indian Renewable Energy Development Agency Limited Updated On Wed, Jun 7th, 2017 by Saurenergy The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval to: (a) issue 13,90,00,000 fresh equity shares of Indian Renewable Energy Development Agency (IREDA) of Rs.10 each to the public on book-building basis through the IPO; (b) issue shares to retail investors and IREDA employees at a […] Read more
India reaffirms its commitment to renewable energy Updated On Fri, May 26th, 2017 by Saurenergy “We are looking at expanding renewable energy very rapidly. Solar, wind, hydro, biomass – all forms of energy which can reduce the carbon footprint and help us leave a better planet for the next generation – are receiving unprecedented attention in India” India on Thursday reaffirmed its commitment to renewable energy with the promise to […] Read more
Haryana govt to set up Rs.500 Crore renewable energy project at Jhajjar, China Light and Power offers to join hands Updated On Thu, May 25th, 2017 by Saurenergy A senior level team from China Light and Power met the CM of Haryana in Hong Kong on Wednesday morning. They discussed a proposal for setting up a renewable energy project at Jhajjar with an investment of Rs.500 Crore. While China Light and Power has offered to join hands with the Haryana government in setting […] Read more
India’s Energy Transformation from Fossil Fuel to Renewables is Gaining Rapid Momentum: Experts Updated On Thu, May 25th, 2017 by Saurenergy “Measures taken by the Indian government to improve energy efficiency coupled with ambitious renewable energy targets and the plummeting cost of solar has had an impact on existing as well as proposed coal fired power plants, rendering an increasing number as financially unviable,” India’s decision to cancel nearly 14 gigawatts of coal-fired power stations coupled […] Read more
Cabinet Approves Raising of Bonds of Rs. 2360 crores for Renewable Energy Updated On Thu, May 25th, 2017 by Saurenergy MNRE will raise the bonds through the Indian Renewable Energy Development Agency, and the funds will be used for approved programmes/schemes for solar park, green energy corridor, generation-based incentives and more. The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to Raising of Bonds of Rs. 2360 crores for […] Read more
Renewable Energy Employs 9.8 Million People Worldwide: IRENA Updated On Wed, May 24th, 2017 by Saurenergy “Falling costs and enabling policies have steadily driven up investment and employment in renewable energy worldwide since IRENA’s first annual assessment in 2012, when just over seven million people were working in the sector.” According to a new report from the International Renewable Energy Agency (IRENA) more than 9.8 million people were employed in the […] Read more
