Solar module makers’ body AISIA Wednesday sought manufacturing incentives like subsidies, interest subvention, import duty exemption and depreciation benefit in the forthcoming Budget. In its pre-Budget recommendations, the All India Solar Industries Association (AISIA) said this is the right time to provide these incentives as the future of the industry is at stake. “Raising concerns […]
ZunRoof receives USICEF’s grant
Solar rooftop firm ZunRoof Tech said Wednesday that it has received a grant from US-India Clean Energy Finance (USICEF) in the fourth round of funding programme. The USICEF is a partnership between the Ministry of New and Renewable Energy, the India Renewable Energy Development Agency (IREDA), the Overseas Private Investment Corporation (OPIC) and a consortium […]
Uttar Pradesh plans to commission 1500 MW solar projects by next year
Uttar Pradesh plans to commission 1500 MW solar capacity power plants by next year, state minister for department of additional sources of energy Brajesh Pathak said. The Centre has set a target of installing 175 GW of renewable energy capacity by 2022, which includes 100 GW from solar, 60 GW from wind, 10 GW from […]
NTPC bags 40 MW solar projects in UPNEDA’s auction
State-run power major NTPC Tuesday said it has won 40 MW solar energy projects in an auction conducted by Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA). “NTPC participated in UPNEDA’s tender for 500 MW Solar capacity with two bids of 20 MW each at Auraiya and Rihand,” the company said in a statement. […]
Australian firm partners with Indian power company to develop India’s first lithium refinery
Australian mining company Neometals has entered into a deal with Indian power conglomerate Manikaran Power to jointly fund a feasibility study to set up India’s first lithium refinery. The refinery, if established, would process ore from the Mount Marion mine in Western Australia to produce battery-grade material for electric cars. The two companies have agreed […]
Inox Wind commissions common power evacuation facilities in Gujarat
Wind turbine maker Inox Wind Monday said it has commissioned the common power evacuation facilities at Dayapar site in Bhuj in Gujarat. “The common power evacuation systems for the wind park comprise of a 220 KV sub-station, a 220 KV double circuit transmission line and associated infrastructure. The common infrastructure is capable of supporting power […]
Inox Wind commissions common power evacuation facilities in Gujarat
Wind turbine maker Inox Wind Monday said it has commissioned the common power evacuation facilities at Dayapar site in Bhuj in Gujarat. “The common power evacuation systems for the wind park comprise of a 220 KV sub-station, a 220 KV double circuit transmission line and associated infrastructure. The common infrastructure is capable of supporting power […]
Two weeks after cabinet reshuffle, Sidhu yet to take charge of power ministry
Two weeks after he was divested of his key portfolios in a cabinet reshuffle, Punjab minister Navjot Singh Sidhu is yet to take charge of the power ministry, said official sources. Meanwhile, a few posters mocking Sidhu surfaced in Mohali Friday. It has been asked in the posters as to when he would “quit politics” […]
Srei Equipment gets USD 30 million from Netherland bank
Srei Equipment Finance Ltd on Thursday said it has received credit approval worth USD 30 million from FMO, a Netherlands-based development finance bank. “The loan will be fully dedicated to re-financing of green activities of Srei Equipment, primarily through the financing or leasing of equipment used for solar and wind projects,” the company said in […]
Trump EPA rolls back Obama rule on coal-fired power plants
The Trump administration on Wednesday completed one of its biggest rollbacks of environmental rules, replacing a landmark Obama-era effort that sought to wean the nation’s electrical grid off coal-fired power plants and their climate-damaging pollution. Environmental Protection Agency chief Andrew Wheeler, a former coal industry lobbyist, signed a replacement rule that gives states leeway in […]
