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Historic rise in renewable energy M&A deals this year despite COVID-19

By : Sustainability ..., Nov 20, 2020

India is experiencing a historic rise in renewable energy merger and acquisition (M&A) deals this year despite the coronavirus pandemic that has taken a toll on economic activity. The...

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EESL appoints Mahua Acharya to lead new energy company Convergence

By : Sustainability ..., Nov 17, 2020

Energy Efficiency Services Limited (EESL), a joint venture of public sector undertakings under the Ministry of Power, Government of India, has appointed Mahua Acharya to lead a new energy...

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IREDA sanctions loans worth Rs 12,696 crore in 2019-20

By : Sustainability ..., Nov 13, 2020

The Indian Renewable Energy Development Agency Ltd (IREDA) has sanctioned loans worth Rs 12,696 crore and has disbursed Rs 8,785 crore, supporting capacity addition of 5,673 MW during 2019-20, a...

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24 companies, including Tata & RIL, pledge to be ‘carbon neutral’

By : Sustainability ..., Nov 6, 2020

Joining hands with the government to take India towards the path of lower greehouse gas emissions, as many as 24 top private companies, including Tata, Reliance, Mahindra, ITC, ACC, Adani and...

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Sterlite Power secures financing for VNLTL project in India

By : Sustainability ..., Oct 22, 2020

Global power transmission company Sterlite Power has secured funding of Rs20.7bn ($281m) for its Vapi II North Lakhimpur Transmission (VNLTL) project in India. ...

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AP to set up 7 storage plants to tackle power fluctuations

By : Sustainability ..., Oct 22, 2020

In a major development, the state government has decided to set up Pumped Hydro Storage Power Projects (PSP) as part of its decision to promote new renewable...

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Andhra Pradesh govt proposes to set up solar plants to produce 10,000 MW

By : Sustainability ..., Oct 22, 2020

The Andhra Pradesh government has proposed to set up its own generating units to produce 10,000 MW of solar power to meet the energy requirements of the agriculture sector. The government has already issued an order for setting up the Andhra...

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SECI announces an extension for its 100 MW (AC) Solar PV Project (200MWp DC capacity) along with 50MW/150 MWh Battery Energy Storage System tender in Chhattisgarh

By : Sustainability ..., Oct 22, 2020

In the month of September, The Solar Energy Corporation of India (SECI) had invited bids for a 100MWac/200MWp solar project with a 50MW/150MWh battery energy storage system at Rajnandgaon...

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Reliance says India will fully shift to renewable energy in few decades

By : Sustainability ..., Oct 20, 2020

India will fully move away from fossil fuels to renewable energy in the next few decades, the chairman of Reliance Industries, operator of the world's biggest...

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Looking to expand presence, Vestas bets on India specific wind turbines

By : Sustainability ..., Oct 20, 2020

Vestas India, an arm of Danish wind turbine manufacturer Vestas Wind Systems, is looking to expand its presence in India as well as design products suited for this market.

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