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India interested in financing energy projects

By : Sustainability ..., Oct 10, 2019

During his visit, the High Commissioner reiterated India’s support to Guyana as he committed to offering scholarships to persons interested in studying there. He also highlighted a few areas in which the Government of India is excited to participate in through funding. In...

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‘Smart Asia 2019’ Comes to Mumbai With Focus on Smart Cities Development

By : Sustainability ..., Oct 9, 2019

After a resounding success in Bengaluru in 2017 and 2018, the Smart Asia – Expo & Summit 2019, organized by The Taiwan External Trade Development Council (TAITRA), in association with Federation of Indian Chambers of Commerce & Industry (FICCI), is being held in...

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Solar energy: 29 govt colleges pay zero sum on electricity

By : Sustainability ..., Oct 7, 2019

Taking a major leap in harnessing solar power, state’s 29 government colleges are fulfilling their 100% power needs through solar energy. The solar panels were set up in these colleges in 2017-18 under the previous government to reduce expenditure on power. Until last year,...

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Policy stability at state level must to boost renewable projets: ReNew CMD

By : Sustainability ..., Oct 4, 2019

Policy stability, particularly at the state level, is a must for boosting installation of clean energy capacity in the coming days, a top official of ReNew Power said on Thursday. His comments have come against the background of Andhra Pradesh seeking to renegotiate tariff...

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AC Energy Invest $20 Million in RE Projects in Asia Pacific

By : Sustainability ..., Oct 3, 2019

THE power unit of conglomerate Ayala Corp. is investing $20 million to partly finance the development, construction and operations of renewable-energy (RE) power projects in the Asia-Pacific (AsPac) region, with a goal of building a portfolio of over 1 gigawatt in the next...

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Hero Future Energies reorganises business to make overseas foray

By : Sustainability ..., Sep 30, 2019

Hero Future Energies has reorganised its business to expand its portfolio abroad and access cheaper funding. Hero Future Energies (HFE) Global, registered in London since 2016, will control the India business through a Singapore entity and spearhead the global plans. The...

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PM Modi announces $150 mn line of credit to group of Pacific island nations

By : Sustainability ..., Sep 26, 2019

Prime Minister Narendra Modi has announced a $150 million line of credit to the group of Pacific island nations for undertaking solar, renewable energy and climate-related projects based on their requirement. Modi, who attended the India-Pacific Islands Developing States (...

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PM Modi hosts Caribbean leaders, announces $14 million grant to CARICOM

By : Sustainability ..., Sep 26, 2019

Prime Minister Narendra Modi met the leaders of the Caribbean Community and Common Market (CARICOM) during the first-ever India-CARICOM leaders’ summit here, with a focus on fighting climate change and increasing India’s participation with the grouping. Mr. Modi announced a $...

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Govt to ease land acquisition, finance for renewables to meet 450 GW target

By : Sustainability ..., Sep 26, 2019

The Ministry of New and Renewable Energy has started drafting plans to set up mega capacities and ease investment in renewables to meet the new target set by Prime Minister (PM) Narendra Modi. At the United Nations Climate Action Summit in New York on Monday, Modi vowed to...

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India’s Tata Power closing uneconomic 500MW coal plant

By : Sustainability ..., Sep 25, 2019

Tata Power Company has decommissioned ‘Unit 6’ of 500 megawatts at its Trombay thermal power plant in Mumbai, citing the high cost of generation and its inability to get a power purchase agreement after the earlier one expired in March 2018. The Trombay unit has an installed...

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