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SBI expects to save Rs. 30 crore annually through its renewable energy investments

By : sustainabilityo..., Apr 23, 2018

The country's largest lender SBI today said it has saved Rs 125 crore in the last eight years by putting up 10 windmills, and expects to save Rs 30 crore annually through its renewable energy investments.

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Mahindra, Meru to deploy electric cabs in Hyderabad

By : sustainabilityo..., Apr 23, 2018

Mahindra Electric and cab service Meru on Sunday announced a joint electric vehicle (EV) pilot project in Hyderabad, to be replicated in other cities soon.

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New procedure to reduce pollution from coal-fired power plants

By : sustainabilityo..., Apr 23, 2018

Coal, as a source of energy, is firmly out of favour now due to climate change considerations. Most countries, including India, have plans to phase out coal over the next few decades. India, in...

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Government on target: All villages to get electricity by month-end

By : sustainabilityo..., Apr 20, 2018

The government is set to meet its ambitious target of providing electricity to all villages by the end of April. 

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Gujarat cancels 500 MW auction results, rebidding likely

By : sustainabilityo..., Apr 18, 2018

Gujarat cancelled a solar project auction it held in end-March without assigning any reasons. Industry sources said this was because the state government felt the tariff quoted by bidders to...

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Delhiites may soon get money for unscheduled power cuts by discoms

By : sustainabilityo..., Apr 18, 2018

Citizens would be compensated for unscheduled power cuts lasting longer than one hour, if a policy approved by the Delhi government on Tuesday gets a green signal from Lt. Governor Anil Baijal...

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Subject Tags: DISCOM , power , sector news

British PE firm Actis close to buying solar assets of India's Shapoorji Pallonji: Reports

By : sustainabilityo..., Apr 18, 2018

British private equity firm Actis is close to signing a deal to buy the solar power portfolio of Indian conglomerate Shapoorji Pallonji, three people aware of the development said on Tuesday. ...

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Rajasthan aims 3,780 MW solar capacity by April next year

By : sustainabilityo..., Apr 18, 2018

With 20 projects of 1,500 MW capacity in pipeline, Rajasthan is targeting to increase its solar power generation to 3,780 MW by April next year in order to achieve the goal of 7,000 MW clean...

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Subject Tags: sector news , solar power

Madras High Court dismisses plea against 70% solar imports safeguard

By : sustainabilityo..., Apr 17, 2018

The Madras High Court has dismissed the petition challenging the Directorate General of Safeguards’ recommendation of 70% safeguard duty on import of solar panels and modules, according to three...

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China interested in joining International Solar Alliance

By : sustainabilityo..., Apr 16, 2018

China has expressed interest in joining the International Solar Alliance (ISA), a treaty based inter-governmental alliance of 121 sunshine-rich countries that lie fully or partially between the...

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