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Railways to source 1.2 GW green energy

By : Sustainability ..., Jan 10, 2020

One of the significant actions taken in this direction has been installation of solar panels at stations and service buildings across the zone. All stations in a particular section of South Central Railway have been provided with solar panels to tap the natural energy....

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Banks seeing credit demand from solar, oil & gas and road: SBI Chairman

By : Sustainability ..., Jan 9, 2020

Banks are seeing demand from credit project pipeline from three sectors - oil and gas, solar and road but there is no large ticket demand for credit of the kind that was seen last year, State Bank of India Chairman Rajnish Kumar has said. The banking sector is going to see...

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India in talks with World Bank for Modi’s global electricity grid plan

By : Sustainability ..., Jan 9, 2020

India has started consultations with the World Bank as its technical partner to implement an ambitious global electricity grid plan pitched by Prime Minister Narendra Modi. With the world grappling with climate change concerns, a senior government official said the...

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Cabinet Approves Mou Between India, UK For Energy Self-Sufficiency In Indian Railways

By : Sustainability ..., Jan 9, 2020

The Union Cabinet on Wednesday gave its approval to Memorandum of Understanding (MoU) signed with the UK's Department for International Development for enabling energy self-sufficiency in Indian Railways. An official release said under the MoU signed by Railway Ministry with...

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Eden, Adani to invest Rs 2,072 crore in renewable power projects in Rajasthan

By : Sustainability ..., Jan 6, 2020

Eden Renewables and Adani group have proposed to invest Rs 2,072 crore in the renewable power sector and both the projects have been given 100% exemption from stamp duty and conversion charges under the new RIPS. As per the proposals, Eden Renewables will set up 300 MW solar...

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Take up pisciculture, go for solar energy: Nitish Kumar to farmers

By : Sustainability ..., Dec 23, 2019

Chief minister Nitish Kumar on Sunday asked the officials of Saran district to promote the trend of ‘Niche Machchli Upar Bijli’ in ‘chour’ (wetland) areas to increase production of fish along with solar power. Addressing a meeting to review the development works under the ‘...

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India has committed development of energy and infra projects worth Rs 75,000 cr in partner countries: MEA

By : Sustainability ..., Dec 18, 2019

India has committed development of energy and infrastructure projects worth Rs 75,000 crore across partner countries over the past five years, according to the Ministry of External Affairs (MEA). "As part of our active engagement with partner countries, the Government of...

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Share of renewable energy rises to 9%

By : Sustainability ..., Dec 18, 2019

The percentage of renewable energy in India’s energy mix has risen steadily to nearly 9 per cent from the 2014-2015 levels. But, the current installed renewable energy capacity of the country pales against the 282 GW conventional power generation capacity. This is because...

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Adani Green may buy rest of Essel’s 480-MW solar assets

By : Sustainability ..., Dec 16, 2019

After selling 205 megawatt (MW) of its operational solar energy portfolio to the Adani Group, the Essel Group has reached an agreement to sell the remaining 480 MW — currently under construction — to Adani Green Energy, two people with direct knowledge of the development said...

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Soft Bank sister firm to invest USD 4 bn in renewable energy in Gujarat

By : Sustainability ..., Dec 9, 2019

SB Energy, a sister company of Soft Bank of Japan, has announced that it will invest USD 4 billion or Rs 30,000 crore in renewable energy sector in Gujarat, a state government release said on Friday. The announcement was made at a meeting between chief minister Vijay Rupani...

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