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Major payment security mechanisms in place to de-risk investments in renewable energy: Power minister R.K. Singh
Major payment security mechanisms to de-risk investment in renewable energy inter- alia include Letter of Credit (LC), Payment Security Funds, and Tripartite Agreement (TPA) between Ministry of Power, RBI and State Government (if applicable).
Solar projects by coal companies
Coal India Limited (CIL) has so far installed 11.5 MW rooftop and ground mounted projects in CIL and its subsidiaries. Work orders for 300 MW capacity of ground-mounted projects have been awarded.
iFOREST convenes the first Global Just Transition Dialogue
The two-day meeting brought together national and international stakeholders to discuss policies, plans, and financing for just energy transition, particularly from a Global South perspective.
A number of steps taken to make India self-reliant in solar PV module manufacturing as well as their exports: Power minister
Under some of the current schemes of the MNRE, namely CPSU Scheme Phase-II, PM-KUSUM Component B and Grid-connected Rooftop Solar Programme Phase-II, wherein government subsidy is given, it has been mandated to source solar PV cells and modules from domestic sources.
RattanIndia’s Revolt Motors appoints Pankaj Sharma as Chief Business Officer
Sharma has earlier worked as India Head of Ola Electric with responsibilities including Sales, Service, Distribution, Customer Experience and Go To Market for the company.
PTC India Financial Services appoints S. Siva Kumar as new executive director (credit)
PTC India Financial Services, a leading non-banking financial company, has appointed Mr. S. Siva Kumar as the Executive Director (Credit) in a slew of new appointments aimed at pushing the company towards its aim of decent growth and value to its stakeholders.
Schneider Electric launches solutions to drive sustainable and net zero buildings in India
The company released EcoStruxure™ Building Operation 2023, EcoStruxure Connected Room Solutions and EcoStruxure Power Monitoring Expert, which help simplify and speed-up access to data that is essential to manage energy use, help reduce carbon emissions, and enhance building value.
“Expanding access to renewable technologies is the best way to lift up people across the developing world”
Dr Rajiv J. Shah, President of The Rockefeller Foundation, is in New Delhi, meeting Indian dignitaries and mobilising support for renewables to combat the climate crisis. He delivered a special lecture on “Tackling the Climate Crisis by Dramatically Expanding Access to Renewable Technologies Across the Developing World” hosted by International Solar Alliance.
EKI Energy Services signs consultancy service contract for carbon credits project of Kochi Metro Rail Project
EKI will now provide assistance and consulting services for validation, registration, verification, issuance and trading of carbon credits projects of Kochi Metro Rail Limited (KMRL). The aim is to enhance the environmental aspect of the metro project through certification for GHG emission reduction while delivering additional benefits in form of carbon credits.
Tata Power Delhi Distribution partners with KIET Group of Institutions to Establish center of Excellence of KIET-TATA POWER DDL
The proposed centre will organize technical program based on advance & practical learning for the budding technocrats of India, exclusively designed, and developed by TATA Power-DDL. Participants will get a 360-degree exposure i.e. Theoretical Knowledge, Hand on Experience, Industrial Skills & Career Building opportunities.
