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NLC India exceeds 1GW installed renewable energy capacity

By : Sustainability ..., Sep 12, 2019

Public sector NLC India Ltd, formerly Neyveli Lignite Corporation Ltd, on Wednesday said it has surpassed the 1 GW installed renewable energy capacity at its facility. The Tamil Nadu-based 'Navratna' company under the Ministry of Coal had a present mining capacity of 30.6...

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Surat’s renewable energy capacity increases by 30% in 18 months

By : Sustainability ..., Sep 11, 2019

Renewable energy production capacity has seen an increase of 30 per cent in Surat in the past 18 months. Of the 25 crore units of electricity that the city produces, share of wind and solar energy is 90 per cent. Surat happens to be the only city in the country whose captive...

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DVC ramps ups solar power capacity

By : Sustainability ..., Aug 26, 2019

Damodar Valley Corporation plans to increase its renewable energy capacity through floating solar and pumped storage projects. The thermal and hydroelectric power PSU plans to install floating...

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India is expected to touch 260GW renewable energy capacity by 2024

By : Sustainability ..., Aug 7, 2019

According to an official, India is expected to achieve a renewable energy capacity target of 260 gigawatt by 2024. India’s renewable power capacity soared by almost 150 percent in the last five...

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UP govt clears state's first floating solar power plant on Rihand Dam

By : Sustainability ..., Aug 7, 2019

The Uttar Pradesh cabinet chaired by Chief Minister Yogi Adityanath has cleared a floating solar power plant on Rihand Dam with an investment of Rs 750 crore. It will be the first water surface...

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India readies plan for $4 billion Tesla-scale battery storage plants

By : Sustainability ..., Jul 26, 2019

India is putting the final shape on a plan to build at least four Tesla-style giga factories to manufacture batteries with an investment of around $4 billion, as the country prepares to switch...

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JSW Energy plans to raise $750 m via bonds; to use funds for expansion, debt repayment

By : Sustainability ..., Jul 25, 2019

Sajjan Jindal-led JSW Energy plans to raise around $750 million from international bond sale to fund expansion plans as well as to repay some of its existing debt of over ₹10,050 crore. The...

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India's Green Energy Investment surpassed Thermal Power, pegged at over $20 billion

By : Sustainability ..., Jul 23, 2019

Boosting India’s green economy, investments in the country’s renewable energy sector doubled over the last five years to around $20 billion in 2018, surpassing the capital expenditure in the...

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Unpredictable rains and sudden storms are new risk to India’s renewables goals

By : Sustainability ..., Jul 18, 2019

India’s ambitious plan to take the leadership position among nations as one of largest producers of renewable energy may have run into some unfavorable weather. Freak climatic conditions are...

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Foreign investors pumped $1.02 bn equity in India’s clean energy space in FY19

By : Sustainability ..., Jul 15, 2019

The foreign investors’ interest in India’s emerging green economy continues; with around $1.02 billion equity investment made by them in the current financial year till date, according to data...

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