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India signs LOCs in water supply, solar projects with Guinea

By : Sustainability ..., Dec 6, 2019

India on Thursday extended Line of Credits for one water supply and two solar projects in Guinea. The agreements were exchanged in the presence of External Affairs Minister S Jaishankar and his Guinean counterpart Mamadi Toure. "Pleasure to receive Foreign Minister of Guinea...

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Mahindra in final lap to sell solar portfolio

By : Sustainability ..., Nov 22, 2019

Mahindra Susten, the renewable business arm of Mahindra group, has got binding offers from CLP India and the Piramal Group for its 160 megawatts (MW) solar assets, said two people aware of the development, requesting anonymity. “Both parties have completed due diligence of...

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Govt plans to set up 14-MW solar power units in Leh, Kargil

By : Sustainability ..., Nov 22, 2019

The government is planning to set up 14-megawatt solar power projects in Leh and Kargil, Minister of State for Power and New & Renewable Energy R K Singh said on Thursday. The projects will be developed under the Prime Minister Development Package 2015, Singh said in a...

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J&K fails to achieve solar energy generation target

By : Sustainability ..., Nov 20, 2019

Even five years after the signing a memorandum of understanding (MoU) with the Union Government on generating 7,500 mw solar power energy, the authorities have failed to achieve the target in this regard. In March 2014, the then NC-Congress government of Omar Abdullah had...

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MNRE planning review of 5,000 MW solar power scheme under JNNSM

By : Sustainability ..., Nov 5, 2019

The Ministry of New and Renewable Energy (MNRE) is planning to review a programme that aims to set-up 5,000 megawatt (MW) of solar power generation capacity under the Jawaharlal Nehru National Solar Mission (JNNSM), according to a recently released notification. MNRE has...

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India to build 30 gigawatts of renewable plants along western border

By : Sustainability ..., Oct 18, 2019

India is considering building 30 gigawatts of renewable energy capacity along a desert on its western border known for its sunny, windy and arid expanse, according to people familiar with the plan. The projects, which will be spread across the states of Gujarat and Rajasthan...

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Avyan Renewable Solar’s Acquisition in SunEdison Reduced to 31%

By : Sustainability ..., Oct 15, 2019

Avyan Renewable Solar will now acquire 13,91,896 equity shares representing 31% of the equity share capital of SunEdison, according to a recent corporate filing by SunEdison with the Bombay Stock Exchange (BSE). Initially, the share purchase agreement (which has now been...

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UP energy regulator slashes solar tariffs, approves bidding for 550 mw

By : Sustainability ..., Sep 30, 2019

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has slashed solar power tariffs to a record low of nearly Rs 3 per unit, as it cleared competitive bidding for procurement of 550 megawatt (mw) by state utilities. The approved tariffs range from Rs 3.02 per unit to...

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Renewable Power Projects: Clear energy dues, MNRE tells states

By : Sustainability ..., Sep 17, 2019

In the wake of rising dues from state-owned electricity distribution companies (discoms) to renewable power projects, the Centre has asked the states to clear their outstanding amounts as soon as possible. “The Ministry of New and Renewable Energy (MNRE) has constantly taken...

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50,000 solar pumps to be given to farmers and 'gaushalas' in Haryana: Minister

By : Sustainability ..., Jul 29, 2019

Fifty thousand solar pumps will be given to farmers and 'gaushalas' in Haryana with the assistance of NABARD, Minister of State for New and Renewable Energy Banwari Lal said on Friday. About Rs...

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