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Five Petroleum and Gas sector PSUs to join International Solar Alliance: Dharmendra Pradhan

By : Sustainability ..., Sep 9, 2020

New Delhi : Five Public Sector Undertakings (PSUs) under Petroleum and Natural Gas Ministry will be joining International Solar Alliance (ISA)'s Coalition for Sustainable Climate Action (ISA-CSCA) as Corporate Partners and will be contributing to ISA's Corpus Fund, said...

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Kotak pitches for development finance institution for funding renewable energy projects

By : Sustainability ..., Sep 9, 2020

New Delhi: Asserting that the current cost of financing solar projects in India is extremely high, veteran banker Uday Kotak on Tuesday advocated setting up a development financial institution to fund renewable energy projects which have a long gestation period. The CII...

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CSIR-CMERI Durgapur, NISE sign pact on solar research and capacity building

By : Sustainability ..., Sep 9, 2020

The CSIR-Central Mechanical Engineering Research Institute (CMERI), Durgapur, and National Institute of Solar Energy (NISE), Gurugram, have signed a Memorandum of Understanding (MoU) to bolster the solar energy sector across the nation. Under the MoU, CMERI and NISE will...

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India to have 220 GW renewable energy capacity by 2022: PM Modi

By : Sustainability ..., Sep 9, 2020

Prime Minister Narendra Modi exuded confidence that India will increase its existing clean energy capacity of 134 GW to 220 GW by 2022 and stressed on reducing tariffs further through technological advancements. The Prime Minister was earlier expected to deliver the inaugural...

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India aims for half of state-run fuel stations to be solar-powered in five years

By : Sustainability ..., Sep 9, 2020

NEW DELHI: India aims for 50% of fuel stations owned by public sector oil companies to be operated by solar power within five years under the government's green energy drive, its oil minister said on Tuesday. Dharmendra Pradhan said India's three state-backed fuel retailers...

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NALCO to add 223.9 MW Wind Capacity to its RE Portfolio

By : Sustainability ..., Sep 9, 2020

NALCO is in the process of increasing its wind portfolio to 223.9 MW, by adding 25.5 MW of new wind power capacity to its renewable energy portfolio. The state-backed National Aluminium Company (NALCO) is in the process of increasing its wind portfolio to 223.9 MW, by adding...

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Subject Tags: India , NALCO , Wind Energy

Rajasthan HC temporarily stays Adani’s 1500 MW solar energy power project near Pokhran

By : Sustainability ..., Sep 9, 2020

The Rajasthan High Court on Tuesday temporarily stayed an Adani group’s joint venture project with the state government for building a 1500 MW solar energy park near Pokhran in Jaisalmer. A Jodhpur bench of the high court, while staying the project, also sought the Rajasthan...

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Subject Tags: Adani , India , solar energy

Solar energy can augment India’s rural healthcare infrastructure: FICCI

By : Sustainability ..., Sep 9, 2020

New Delhi: Solar energy could help augment the rural healthcare infrastructure in India and has a potential to substitute the traditional grid-based systems in rural areas, according to the Federation of Indian Chambers of Commerce and Industry (FICCI). “Solar energy will...

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Power Finance Corporation Releases ₹306 Billion as Part of DISCOMs’ Liquidity Package

By : Sustainability ..., Aug 18, 2020

The Power Finance Corporation Limited (PFC) has approved ₹306.07 billion (~$4.09 billion) as of July 31, 2020, as part of the liquidity package announced by the government for eligible distribution companies (DISCOMs). The approvals follow the announcement from the finance...

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ISA to place World Solar Bank issue in annual assembly agenda

By : Sustainability ..., Aug 18, 2020

New Delhi: The International Solar Alliance’s (ISA) Director General (DG) Upendra Tripathy on Monday said that they are going to place the World Solar Bank issue in its agenda for the annual assembly scheduled in October to seek guidance. He added that they are likely to make...

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Subject Tags: India , solar energy