Page 3 - Renewable Projects

Adani takes on Mukesh Ambani, to invest $20 bn in renewable energy

Speaking at JP Morgan India Investor Summit, Adani Group chairman said the $20 bn investment will be in renewable energy generation, component manufacturing, transmission and distribution

External risks soften lenders' interest in renewable energy projects

The pressure to re-negotiate contracts to reduce tariffs and the viability of power distribution companies are some of these.

India's capacity for renewable energy rose by over 250% in 6-7 years: PM

He emphasised that the capacity of solar energy has been increased by about 15 times in the last six years.

Taken steps towards making Rajasthan self-reliant in energy sector: CM

The Rajasthan government has taken many important steps towards making the state self-reliant in energy sector, Chief Minister Ashok Gehlot said on Saturday.

Adani wins 300 MW wind energy capacity at Rs 2.77/unit: Report

Auctions for 1,200 MW conducted by SECI on Monday saw wind power tariffs dropping to as low as Rs 2.77 per unit

India seeks cheaper renewable power contracts to spur solar, wind projects

The country's debt-burdened distribution utilities, which have suffered losses related to electricity theft, have been reluctant to agree to long-term contracts

Sterling & Wilson eyeing 50 Gw of projects in renewable energy space

Sterling & Wilson Solar has 20 Gw of deal flow but is targeting to ramp it up to 50 Gw.

Budget 2020: Exemption on corporate tax to power NTPC, renewables

The renewable energy sector is elated that the benefit will come to them, given no future pipeline of any thermal power projects

Budget wishlist: Infra players pitch for captive renewable energy policy

Infrastructure sector on Friday urged the government to bring captive renewable policy and exempt from cross subsidy and transmission charges to make renewable energy more viable for those willing to set up clean energy plants beyond factory boundaries. The infrastructure companies raised these issues during a pre-budget consultation with Finance Minister Nirmala Sitharaman and top officials from finance, new & renewable, road transport and environment ministries. They also asked to make finance available for real estate and affordable housing to boost consumption of cement and other inputs like steel. Besides, they were of the view that government should release stuck up funds meant for infrastructure sectors as soon as possible for bringing in buoyancy in the economy. "We asked government to see, how can finance be made available for real estate and affordable housing. We also asked to release funds withheld at different levels in the government. "Cement and other Core ...

Andhra agrees to pay renewable projects at average rates till resolution

The YSR Congress government in Andhra Pradesh in July formed a high-level negotiation committee (HLNC) to "review, negotiate and bring down" the tariff of all renewable power projects

India among top 10 nations on climate change performance: Report

This assumes significance in view of India's resolve to reach 175 GW of clean energy capacity by 2022

Govt's 175-Gw clean energy goal in peril after repeated missed targets

Parliamentary Standing Committee on Energy has also asked the ministry to take up the issue of ambiguity and disputes related to GST on renewable energy devices with the finance ministry

Regulatory battle for renewable projects begins in Andhra Pradesh

Along with tariff reduction, the discoms have also urged the regulator to reduce the PPA period to 5-6 years from the current 25 years

States' dues to renewable power companies at Rs 3,000 crore: CEA

CEA started the portal to collate data for dues in the renewable sector last week

High Court stays Andhra Pradesh order on green projects for a month

Solar & wind firms called project cancellation 'illegal, unconstitutional'

Rs 48,000 crore renewable projects in crisis due to tariff revision: CRISIL

Many discoms have openly voiced their reservations in honouring the power purchase agreements (PPAs)

India's renewable energy sector can create 300,000 new jobs by 2020

Over the next three years alone, the sector can generate jobs for about 80,000 Indians

In a first, Madhya Pradesh takes away must-run status of renewable projects

The state would now have the freedom to back down from renewable projects whenever it wishes to