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Open access will boost renewable energy capacity addition: Pinaki Bhattacharyya, MD and CEO of Amp Energy India – EQ Mag Pro

The government can help by exempting such players from paying the BCD. The outlook for these projects to find buyers is very positive. To increase the use of renewable energy, the Union power ministry has circulated the draft electricity open access rules, which propose to ease the way for industries and large power consumers to […]

Adani Group to invest 20 bn dollars in renewable sector over next decade

Hyderabad : Adani Group Chairman Gautam Adani on Monday said that we will invest over 20 billion dollars in renewable energy generation. In his virtual keynote address at the world’s largest ‘TiE (The Indus Entrepreneurs) Sustainability Summit 2021(TSS- 2021) organized by TiE Hyderabad Chapter, here, Gautam said we are tripling our solar power generation capacity […]

IREDA to assist NEEPCO in developing renewable energy projects – EQ Mag Pro

IREDA will assist North Eastern Electric Power Corporation (NEEPCO) in developing an action plan to create and acquire renewable energy projects for the next 5 years. New Delhi : Indian Renewable Energy Development Agency (IREDA) on Saturday inked an MoU with North Eastern Electric Power Corporation to assist in developing renewable projects and raising funds. […]

STATEMENT: India reaffirms ambitious renewable energy target at United Nations – EQ Mag Pro

NEW DELHI : Speaking at the United Nations General Assembly in New York, Prime Minister Narendra Modi reaffirmed India’s commitment to achieving 450 gigawatts (GW) of renewable energy capacity by 2030, along with other actions to decarbonize India’s economy. Following is a statement from Dr. OP Agarwal, CEO, World Resources Institute India: “With COP26 starting […]

AIIB and IRENA Team-Up to Accelerate Energy Transition – EQ Mag Pro

The Asian Infrastructure Investment Bank (AIIB) and the International Renewable Energy Agency (IRENA) have signed a Memorandum of Understanding (MOU) committing to work together to support energy transition and promote renewable energy. The MOU was signed on Sep. 20 by AIIB President, Jin Liqun, and IRENA Director-General, Francesco La Camera, at a virtual ceremony to […]