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IREDA to sanction Rs 13,000 crore loan for renewables in FY18

Indian Renewable Energy Development Agency will be sanctioning Rs 13000 crore loan to meet the Government’s target of achieving 15 to 16 GW of renewable energy projects. State-run Indian Renewable Energy Development Agency (IREDA) will sanction Rs 13,000 crore for clean energy projects next fiscal in the country, vying for around 20 per cent of […]

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India’s 60-65 per cent of installed power generation capacity will be from Renewable Energy: Piyush Goyal

“India’s renewable energy programme is a great example of how you can do big by thinking big.” Power Minister Piyush Goyal today at Take Pride event organized by CII said that India’s 60-65 per cent of installed power generation capacity will be from renewable energy. “Going by prices we have discovered, I am inspired to say that 60-65 per […]

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India’s solar capacity to hit 20GW mark in next 15 months: Piyush Goyal

“India could not have completely focused on Making in India’ in the last three years as being in the nascent stage, its solar power sector needed technological and financial boost from abroad to rapidly expand its horizons,” The installed solar power capacity in India is expected to double from 10GW to 20GW in next 15 […]

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Government introduces Solar Power Scheme to Promote Powerloom Sector

The textile ministry has formulated a ‘Solar Energy Scheme’ for the promotion of powerloom sector to make use of solar power. Government has framed a new ‘Solar Energy Scheme’ to provide financial assistance/capital subsidy to small powerloom units, for installation of Solar Power Plant, in order to alleviate the problem of power cut/ shortage faced […]

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