Adani Green Energy (AGE) recently said it has acquired 51 per cent equity share capital of Kodangal Solar Parks Pvt Ltd (KSPPL) from FS India Devco Pvt Ltd for about Rs 1.69 crore. Adani Green Energy already held 49 per cent stake in KSPPL. KSPPL was incorporated in August 2015 and has set up 20 […]
The Gujarat government is planning to add 3GW of renewable energy generation capacity every year till 2022. The 3GW of renewable energy generation capacity includes 1 GW from wind and 2GW from solar energy sources. 28% of total 27,200 MW installed power generation capacity in Gujarat comes from Renewable energy source. Pankaj Joshi, managing director, […]
The upcoming Vibrant Gujarat Summit 2019 (VGGS) expects to see commitment of investments worth a whopping Rs 50,000 crore in the renewable energy sector in the state, according to officials. The state-owned Gujarat Power Corp Ltd (GPCL) will be laying the foundation stone for the biggest 5000mw solar power park worth Rs 25,000 crore within […]
The Gujarat Government maintains that the state has been leading the renewable energy sector, but the latest numbers emerging from the biennial Vibrant Gujarat Global Investor Summit since 2003 do not support the claims. Official figures state that of the total 559 Memorandums of Understanding for investment in the renewable energy sector since the first summit in 2003 till 2017, […]
Minister of State (I/C) for New and Renewable Energy and Power R. K Singh replying to a question in the Lok Sabha informed that 3217 Million US$ has been received as FDI in Renewable Energy Sector and renewable energy capacity reached about 74GW as on 30/11/2018. The FDI data cell of the Department of Industrial […]
The 12th edition of Renewable Energy India Expo (REI), hosted by UBM India, India’s leading exhibitions’ organiser, is all set to come back in a magnificient way this year with the presence of leading international stakeholders and experts. The Renewable Energy India Expo is scheduled from 18th to 20th September 2018 at the India Expo […]
India would achieve its target of 175 GW of installed renewable energy (RE) capacity well before 2022 for which bidding process would be completed on time. Speaking at a “Action to Transaction Meet” under aegis of PHD Chamber of Commerce and Industry here on Friday, New and Renewable Energy Ministry Secretary Anand Kumar said International […]
India’s push to generate 160 gigawatts of wind and solar power by 2022 will improve energy security, enhance energy access and help mitigate climate change. A new World Resources Institute (WRI) report Can Renewable Energy Jobs Help Reduce Poverty in India? finds that India’s clean energy initiatives can also help address poverty in rural communities by providing […]
India is on track to catalyse $200-300 billion of new investment in its renewable energy infrastructure in the next decade with global capital inflows playing an increasingly crucial role, a top financial analyst with a leading US-based institute foresees said. India’s decarbonisation policy is in line with global trends which, since 2011, have been seeing […]
On the 2nd Anniversary of Ujwal DISCOM Assurance Yojana (UDAY) today, the Government of India signed four Memorandum of Understanding (MoU) under the Scheme with the State of Nagaland and with Union Territories (UTs) of Andaman & Nicobar Islands, Dadra & Nagar Haveli & Daman & Diu for operational improvements. These State/UTs have joined only […]
