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Odisha CM launches solar power, cement, steel projects worth Rs 8,939 crore

By : Sustainability ..., Dec 2, 2019

Odisha Chief Minister Naveen Patnaik on Saturday launched 27 industrial projects, involving a total investment of around Rs 8,939 crore. The projects are expected to create employement opportunities for about 12,142 people. Patnaik inaugurated five projects and performed...

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Distributed Energy’s rooftop solar aggregator platform raises Rs 100 million funding

By : Sustainability ..., Nov 29, 2019

Rooftop solar developer Distributed Energy has launched an online platform that connects credible renewable energy projects with investors. After comprehensive due diligence on several metrics, energy customers can have their fundable projects listed on its marketplace....

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Proparco makes USD-15m equity infusion in India's Avaada Energy

By : Sustainability ..., Nov 21, 2019

Proparco, a subsidiary of French development agency Agence Francaise de Developpement (AFD), has invested USD 15 million (EUR 13.6m) in equity in Indian renewable power producer Avaada Energy Pvt Ltd, Mercom Capital reports. Details on the investment were not provided. The...

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Odisha to spend Rs 110 crore for green energy

By : Sustainability ..., Nov 19, 2019

The State Government will spend around Rs 110 crore to generate 9,623 kW solar energy this year. A total of 29 off-grid projects will be executed in the State during 2019-20 fiscal to generate green energy. Most of these projects will be roof-top solar units connected to...

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Solar power: Projects worth Rs 50,000 crore in pipeline for Ladakh, says Amit Shah

By : Sustainability ..., Nov 18, 2019

Development plans entailing total investments of Rs 50,000 crore in power, solar energy, education and tourism sectors are in the pipeline for the newly-created Union territory of Ladakh, home minister Amit Shah said on Sunday. Launching the sale of winter-grade diesel in...

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India To Contribute $13.5 Million For UN Development Activities For 2020

By : Sustainability ..., Nov 18, 2019

India has pledged to contribute USD 13.5 million for various operational activities of development across the UN agencies for the year 2020. Counsellor at India's Permanent Mission to the UN Anjani Kumar announced India's pledges at the UN General Assembly Pledging Conference...

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After months of gloom, govt’s mega solar offering soars

By : Sustainability ..., Nov 14, 2019

The government’s latest offering of solar power projects based on indigenous kits attracted bids for twice the 1,000 MW capacity offered by state-run SECI (formerly Solar Energy Corporation of India) Ltd on Thursday, marking a revival in investor sentiment as a result of...

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Masdar invests $150 million in Hero Future Energies

By : Sustainability ..., Nov 13, 2019

Hero Future Energies (HFE) today announced Abu Dhabi Future Energy Company or Masdar will invest $150 million strategic investment in the company that will help fund the expansion of its renewable energy portfolio, including in selected international geographies. This is the...

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SJVNL signs pact for 430 MW hydro project in Himachal

By : Sustainability ..., Nov 7, 2019

Satluj Jal Vidyut Nigam Ltd (SJVNL) on Wednesday signed a pact with Himachal Pradesh for commissioning the 430 megawatt (MW) Reoli Dugli Hydro Electric Project on the Chenab river basin. The pact was signed in the run-up to two-day Rising Himachal Global Investors' Meet in...

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After Modi-Merkel Meet, Germany Agrees to Provide 1 Billion Euros to India for Green Urban Mobility

By : Sustainability ..., Nov 4, 2019

India and Germany on Friday agreed to provide financial support to climate initiatives aimed at reducing greenhouse gas emissions, with the latter expressing its readiness to provide one billion euros to India for green urban mobility. The two countries signed a joint...

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