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Macquarie eyeing Goldman Sachs’ ReNew Power stake

By : Sustainability ..., Sep 21, 2018

Macquarie Group is among investors who have evinced interest in buying a significant stake from Goldman Sachs Group Inc. in Sumant Sinha-founded ReNew Power Ventures Pvt. Ltd, said two people...

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India contributes USD 1 million to UN's ambitious solar project

By : Sustainability ..., Sep 20, 2018

India has contributed a whopping USD 1 million for the installation of solar panels on the roof of the imposing UN building at the world body's headquarters here.

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Impose 50% solar tariff as penalty for not buying power: Developers to MNRE

By : Sustainability ..., Sep 20, 2018

Solar power developers have urged the power ministry to impose 50 per cent tariff penalty on distribution companies that are not buying clean power despite their purchase agreements, sources...

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India’s aggregate cooling requirement to increase by 8 times in 20 years

By : Sustainability ..., Sep 19, 2018

India’s aggregate cooling requirement will increase by eight times in the next 20 years with room air conditioners alone consuming more than half of the energy required for space cooling in the...

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Rs 1500-crore solar plant plan for Banka, Bihar

By : Sustainability ..., Sep 19, 2018

The State Investment Promotion Board (SIPB) on Tuesday okayed a proposal to establish a Rs 1,500 crore solar power plant in Banka district and a Rs 148 crore biomass power plant in West...

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Odisha Chief Minister launches star-rating system for industries to reduce air pollution

By : Sustainability ..., Sep 19, 2018

Odisha Chief Minister Naveen Patnaik has launched a 'Star Rating program' for industries to strengthen State Pollution Control Board's (SPCB) regulatory efforts to reduce pollution....

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NLC to set up renewable energy projects which can generate 4251 MW by 2025

By : Sustainability ..., Sep 19, 2018

 

NLC India Limited plans to invest Rs 1,290 billion to add new production capacity in mining and power generation by 2025. The company, which traditionally focused on lignite and coal-...

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Soon, energy projects may undergo green checks

By : Sustainability ..., Sep 19, 2018

The government plans to make projects such as power plants, mines and oil and gas exploration ventures and expansion initiatives subject to checks by independent auditors to ensure they are...

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Government starts distribution of energy efficient items via post office

By : Sustainability ..., Sep 19, 2018

The EESL is a joint venture of four public sector enterprises – NTPC Limited, PFC, REC and POWERGRID— and was set up under the Ministry of Power. At present 60 post offices under the postal...

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By 2022, 21 per cent Punjab power from renewable sources

By : Sustainability ..., Sep 18, 2018

The Punjab State Electricity Regulatory Commission (PSERC) has decided to revise the renewable purchase obligations for Punjab State Power Corporation Limited (PSPCL) till 2022 by inviting...

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