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47.86 GW of renewable energy capacity installed in last six years
The government has set a target of installing 175 GW of renewable energy capacity by the year 2022, which includes 100 GW from solar, 60 GW from wind, 10 GW from biomass and 5 GW from small hydro.
Azure Power announces results of the 2019 special meeting of shareholders
Specifically, the shareholders authorized the company to issue equity shares or share equivalents for more than 10% of the share capital of the Company, and approved that section 55 of the Mauritius Companies Act shall not apply to the aforesaid issuance of shares.
Government measures to increase solar energy generation
Foreign direct investment (FDI) up to 100% is allowed under the automatic route, besides measures like waiver of Inter State Transmission System (ISTS) charges and losses for inter-state sale of solar power for projects to be commissioned up to December 2022
PETRONAS ramps up efforts to strengthen footprint in India
Malaysia’s national oil company, PETRONAS is accelerating efforts to strengthen its business footprint in India by providing more innovative, tailor-made solutions that add value to the country’s energy aspirations.
In October, subdued energy demand led to a decline in thermal generation
India Ratings and Research (Ind-Ra) has published the October 2019 edition of its credit news digest on India’s power sector. The report highlights the trends in the power sector, with a focus on capacity addition, generation, transmission, merchant power, deficit, regulatory changes and the recent rating actions.
The smarter E India opens its doors
The smarter E India Bangalore, November 27-29, 2019 FOR IMMEDIATE RELEASE The parallel events Intersolar India, ees India and Power2Drive India Welcome Attendees to the 1st The smarter E India in Bangalore BANGALORE/PFORZHEIM/FREIBURG, November 26, 2019. The smarter E India, the innovation hub for empowering new energy solutions, forms an umbrella for events and topics […]
IESA conference on rooftop solar + energy storage in Kanpur on November 29
India Energy Storage Alliance (IESA), India’s leading alliance on energy storage, brings once again E$$ (Energy Storage Solutions) Meet at Indian Industries Association (IIA), Kanpur on November 29, 2019. The objective behind this meet is to provide appropriate energy storage solutions for Commercial & Industrial consumers.
GE achieves record power transmission on energy super-highway in India
GE’s Grid Solutions division has achieved a new milestone in its Champa-Kurukshetra Ultra High Voltage Direct Current (UHVDC) project in India with a 1,305 km cable now able to transmit 4,500 MW of electricity. This follows the recent powering of the third of the four poles planned for the ± 800 kV UHVDC transmission line.
Deepak Malhotra appointed as a Director on Azure Power Global’s Board
Azure Power has appointed Deepak Malhotra, Director, Infrastructure, South Asia at Caisse de dépôt et placement du Québec (CDPQ), to its Board of Directors, taking CDPQ’s total number of board seats to two.
ADB, KfW expand cofinancing partnership with additional $2 billion
The amount will be used to fund infrastructure in Asia to promote sustainable economic development, a cleaner environment, and renewable energy.
