The renewable energy industry has welcomed the government’s announcement to form Project Development Cell (PDC) to attract investments in India. Commenting on the formation of PDC, Pinaki Bhattacharyya, CEO and co-founder, Amp Energy India said “Renewable Energy sector in India has been growing at a rapid pace over the last few years with many global […]
Recently the Ministry of New and Renewable Energy (MNRE) has constituted a project development cell to attract investment in the clean energy sector, particularly solar. The project development cell (PDC) would offer those renewable projects for investment where all necessary spade work like detailed project report, land, etc is complete. The PDC has been constituted […]
Prime Minister Narendra Modi on Thursday launched the auction of 41 coal mines for commercial mining, saying the market for the commodity is now open and the sales will help turn the Covid-19 crisis into an opportunity. But the list of 41 mines showed several are located in biodiversity-rich forest areas in central India, including […]
India Energy Storage Alliance (IESA) has submitted its comments/recommendations on the proposed Draft Electricity (Amendment) Bill, 2020 recently. The recommendations submitted to the Ministry of Power (MoP) have been put forward by consulting over 100+ energy storage ecosystem players from IESA. The proposed amendment has tried to addressed series of challenges facing the sector and […]
Statement by Francesco La Camera, IRENA Director-General In a short few weeks, much of the world has been shut down due to the novel coronavirus, COVID-19, which has crossed borders and oceans, rapidly devastating communities and livelihoods. Decisions being taken now to address the social and economic impacts of the crisis come amid profound uncertainty […]
The COVID-19 crisis has a disruptive impact to our society from many sides, including the health care system, supply chains and crucial infrastructures as we know them. But it is also a chance for leapfrog improvements to make our infrastructures in the long term more resilient. Critical system concepts here are: decentralization and independence. This […]
COVID-19 is acceleratingly affecting nations across the globe, and bringing daily life and economies to a standstill. The biggest concern of the novel coronavirus outbreak is the uncertainty it holds. Solar, like most other industries is facing its own share of challenges today, and is struggling to meet its target of 100 gigawatt (GW) installed […]
Finance Minister Nirmala Sitharaman on Wednesday announced a special liquidity infusion scheme for the fund starved power distribution sector. FM said the government will provide Rs 90,000 crore for the distribution companies (discoms) as part of its strategy to bring the country’s battered economy back on track. Nirmala Sitharaman announced this as one of the […]
PM Narendra Modi on Tuesday announced a special economic package worth Rs 20 lakh crore to help the nation fight the Covid-19 pandemic. Greaves Cotton has welcomes the move. Nagesh Basavanhalli, MD & CEO, Greaves Cotton Limited said “Prime Minister’s special package of Rs. 20 lakh crore focusing on #MakeInIndia and local manufacturing is a […]
All the bets are off the table due to the COVID-19 pandemic…especially for the automotive sector and the fledgling EV sector in India fares no better. Overall the automotive industry had started to show strains in the growth trajectory even before the dreaded Corona virus spread it tentacles. The macro economic scenario compounded by a […]
