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Bihar Sign MoU under “UDAY” Scheme, becomes the Sixth State

Bihar to become the sixth state to benefit from the UDAY scheme, as the Government of India, the State of Bihar and the DISCOMs of Bihar (North Bihar Power Distribution Company Limited, and South Bihar Power Distribution Company Limited) signed Memorandum of Understanding (MOU) for operational and financial turnaround of the DISCOMs. Bihar is the […]

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The Power Industry can attract One Trillion Dollar Investment by 2030: Shri Piyush Goyal

During the term of five year, the power industry is reckoned to attract an investment figured to $250 billion. Government’s task of rural electrification mission emphasizing no village without electricity access and coal swapping plus fresh policies for the electricity sector would aid in attracting this investment, said Union power and coal minister Piyush Goyal […]

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Google to bring 5G Services through Solar Drones

Now, well-named as Internet ‘unpredictable’ Giant – Google is undergoing some Top-Secret project as it is continuously unveiling technology to an unpredictable level. After the Project Loon had turned heads – Google has appointed the same team to develop High-Speed 5G Internet services through solar drones. Yes, it’s jaw-dropping, the development named as “Project SkyBender” […]

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Solar Panel Costs to tumble 10% Each Year – Findings

‘Sudden fall of Solar Power cost, it is likely to outrun the normal energy speculation,’ said a journal of Oxford University Researchers in its ‘Research Policy’ based on innovation, technology, R&D and science. From the early 1980’s, panels to generate power from sunlight has become 10% cheaper each year. According to the research, it is […]

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IFC, MP Govt to Build the Largest Single-site Power Project in Rewa

A member of the World Bank Group share intends to partner with Madhya Pradesh government for a massive solar project. IFC and state govt. aims to setup the largest single-site power project of 750-Mw in Rewa. IFC will put its expertise to structure and propose the transaction through private investments of about $750 million. “Successful […]

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Intended Capital Cost for Solar PV – Central Electricity Regulatory Commission (CERC)

Central Electricity Regulatory Commission (CERC) passed an instruction for resolution of standard capital expense for solar PV ventures for the fiscal year 2016-17. The instruction gauges capital expense including expense of gear, development, land, transmission and pre-operative costs of solar PV ventures for the upcoming FY at INR 50.1 million/MW (USD 0.76 million). Giving a […]

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