The support for schemes like KUSUM, roof-top and off-grid solar applications is expected to continue under the new government The award of key projects by central nodal agencies and state distribution utilities in the calendar years (CY) 2017 and 2018 would spell 11-12 Gw (gigawatt) in fresh capacity additions for renewable energy (RE) sector in […]
India to have flexible renewable capacity addition, says minister
R K Singh, minister of power and new & renewable energy, said on Tuesday that India would move away from stringent source-based capacity With the government halfway through its ambitious target of adding 175 GW of renewable energy capacity by 2022, R K Singh, minister of power and new & renewable energy, said on Tuesday […]
NITI Aayog’s electric mobility proposal irks India’s auto industry
CII has expressed concerns over the timing of the move and the haste with which the government is pushing through electric mobility Government think-tank NITI Aayog’s proposal calling for replacement of various categories of vehicles by electric vehicles (EVs) within a certain time has irked India’s auto industry and prompted the Confederation of India Industry […]
CPWD to install ‘solar trees’ in residential complexes of central govt employees
The Central Public Works Department (CPWD) has directed its officials to explore the possibility of installing “solar trees” in residential complexes of government employees. The move intends to promote renewable energy and reduce carbon footprint by the CPWD, the prime construction agency of the central government. According to an official, the concept of “solar trees” […]
BHEL bags three orders worth Rs 520 cr to set up solar plants in Maha, Guj
Shares of BHEL were trading 0.44 per cent higher at Rs 68.55 apiece on BSE State-run Bharat Heavy Electricals Ltd (BHEL) Monday said it has won three orders worth Rs 520 crore for setting up solar photovoltaic (SPV) power plants with a combined capacity of 135 mega watt (MW) in Maharashtra and Gujarat. “Cumulatively valued […]
Japan plans carbon emission cuts, more nuclear energy
Japan is calling for further efforts to cut carbon emissions by promoting renewables but also nuclear energy despite the 2011 Fukushima reactors meltdowns. The energy white paper, adopted by the Cabinet Friday, said Japan faces an “urgent task” of reducing carbon emissions coming from utilities that have relied heavily on fossil fuels to make up […]
Punjab Cabinet rejig: Sidhu divested of crucial local govt dept, gets power portfolio
Punjab minister Navjot Singh Sidhu, who is at loggerheads with Chief Minister Amarinder Singh, was divested of the crucial Local Government department and was given the Power and New and Renewable Energy Sources portfolio in a cabinet reshuffle on Thursday. The rejig took place hours after the first state Cabinet meeting following the Lok Sabha […]
Mahindra Electric expects to double EV sales in FY20 too
Mahindra Electric, a part of the Mahindra group, Tuesday said it expects to continue with the sales momentum of the last fiscal in which it doubled sales on the back of its focus on electric vehicles for fleet operators and three-wheelers. The company, which saw electric vehicles sales grow two-and-a-half times to 10,276 units in […]
ReNew Power likely to raise funds by selling assets after dropping IPO plan
The company isn’t alone in withdrawing plans for an IPO or considering an infrastructure investment trust India’s largest green energy company, ReNew Power, is considering raising funds through asset sales, after shelving plans for an initial public offering (IPO). Backed by Goldman Sachs Group, the company has renewable assets of over 7 gigawatts, of which […]
R K Singh takes charge as minister with focus on 24X7 Power for All
Bureaucrat-turned-politician and second time Lok Sabha member R K Singh Friday took charge of power and new & renewable energy ministries and stressed that focus of Team Modi 2.0 will be on reliable and sustainable ’24X7 Power for All’. “Our focus will be on 24X7 power for all. We want to provide reliable and sustainable […]