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Tamil Nadu: Manufacturers raise concerns over central govt’s announcement on solar pumps

By : Sustainability ..., Feb 12, 2020

Pump manufacturers from the city say they have little to cheer about the announcement in Union Budget that the central government would provide funds to 20 lakh farmers to set up solar pumps. Finance minister Nirmala Sitharaman had announced in the Union Budget on February 1...

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Govt bets on solar panels along rail tracks, barren land to raise capacity

By : Sustainability ..., Feb 3, 2020

India aims to boost solar power generation by encouraging the installation of panels along rail tracks and on barren land, the finance minister said on Saturday as the country looks to cut its carbon footprint and accelerate clean energy production. Looking to expedite clean...

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Solar pump scheme to now cover 20 lakh farmers

By : Sustainability ..., Feb 3, 2020

The Pradhan Mantri Kisan Urja Suraksha evem Utthan Mahabhiyan (PM KUSUM) scheme has been expanded to cover 20 lakh farmers, up from 17.5 lakh farmers it was initially intended to cover. The scheme was initially announced in Budget 2019 to provide a parallel source of income...

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Budget 2020 proposes hike in EV import duty to promote domestic manufacturing

By : Sustainability ..., Feb 3, 2020

The Union Budget on Saturday proposed to increase customs duty on import of electric vehicles across categories. The increase in basic customs duty is in the ranges of 10-40 percentage points across EV segment, and comes in the backdrop of Chinese manufacturers dumping low-...

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Budget 2020: Smart meters to plug leaks in supply, revenue

By : Sustainability ..., Feb 3, 2020

Finance minister Nirmala Sitharaman on Saturday urged states and Union territories to replace conventional electricity meters with prepaid smart meters in three years, with the aim of cutting distribution losses and setting the stage for separating the carriage and content...

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Nirmala Sitharaman suggests a ₹4,400 crore solution to Delhi pollution in Budget 2020

By : Sustainability ..., Feb 3, 2020

Citing that pollution as a matter of concern, Finance Minister Nirmala Sitharaman allocated ₹4,400 crore for National Clean Air Programme (NCAP) for the year 2020-21 in Union Budget 2020. Central government will also encourage states that are formulating and implementing...

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Energy firms cry foul over hike in customs duty on solar equipment

By : Sustainability ..., Feb 3, 2020

Solar power developers in India are crying foul over the government’s move to raise tariffs on imports of green energy equipment such as solar cells and modules in the budget. The step is aimed at driving local manufacturing of such equipment and discouraging low-quality...

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Budget 2020: Renewable energy Industry demands GST restructuring, smooth clearances

By : Sustainability ..., Jan 29, 2020

With this year’s Union Budget scheduled to be tabled on 1 February 2020, renewable energy industry’s expectations are high and all eyes are on Finance Minister Nirmala Sitharaman making big bang announcements for the sector. While a majority of the industry stakeholders...

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