Page 20 - Renewable Energy

70% of our projects are fully green: Sterlite Power MD Pratik Agarwal

The per unit cost we are looking at is very feasible and this could be a reality in 3-5 years, said MD Agarwal

India unlikely to accept IEA's call to stop new fossil fuel investments

"We do not think the report by IEA has been vetted by the member countries as a position document", said a senior source in the government

Pakistan plans to raise $500 million from first green bond sale

Pakistan Water and Power Development Authority, known as Wapda, is looking to sell a 10-year note this month, and intends to offer more environmentally-friendly debt over the next two years

Adani Green buys SB Energy from Softbank and Bharti; firm valued at $3.5 bn

Deal for company with range of assets is biggest acquisition in India's renewable power sector.

SoftBank Energy India sale: Cautionary tale for foreign companies

Industry execs say ambitious plans couldn't match up to Indian policy environment

Stabilising ultra mega coal plant remains a major concern for Tata Power

This at a time when the company is focusing on renewable energy

Tata Power will be net zero-carbon by 2050, says CEO Praveer Sinha

We have now both urban and rural consumers. Our whole business philosophy is towards renewable, said Sinha

Pandemic-impacted renewable energy projects can apply for extension again

Frequent delays to hurt the 175 GW RE capacity target of next year

Second wave of Covid-19 pandemic clouds renewable energy growth in India

Shreya Jai crunches the forecast provided by IEA and what it means for the world and India in 2021

Energy, technology and other saviours

The more-than-doubling of installed capacity since 2010 has helped reduce shortages. The peak deficit in March 2021 was at 0.5 per cent

Power consumption in India grows nearly 25% in first week of May

The power consumption in April grew 41 per cent to 119.27 BU

Tata Power considering a $473-million IPO for its renewable energy unit

The power company is said to have abandoned earlier plans to seek a partner to invest in its green assets via an investment trust

Torrent Power bags 300 Mw long-term solar power generation PPA

To be commissioned in 18 months from the date of PPA, the project will have a tariff of Rs 2.22/kwH for 25 years

India is showing developing countries how to quickly transition to solar

The rise of ReNew came as India was wrestling with myriad problems: widespread corruption, a frustrating bureaucracy, and the high cost of capital

Facebook signs first deal to buy renewable energy from local firm in India

Facebook has signed a deal to buy renewable energy in India from a local firm's wind power project, the social media giant's first such deal in the South Asian nation, the companies said on Thursday

Power Ministry proposes reforms for short-term sale purchase of power

In future, the ministry is also looking at merging the DAMs of all power exchanges into one entity, which will oversee the trading of day-ahead bids for both renewable energy and conventional power

Climate report praises India for initiatives taken in clean energy field

Green loans were the second most popular at $109 billion

BASIC nations bat for finances from developed world to fight climate change

The 30th session of the ministerial committee was held on Thursday which was headed by Union Minister Prakash Javadekar

White goods, solar modules get Rs 10,738 crore worth of PLI push

While incentives worth Rs 6,238 crore would be provided over five years for manufacturing of white goods in India, the outlay for solar PV modules is Rs 4,500 crore

Japan's Toshiba confirms $20-billion takeover bid from British fund

Toshiba is one of Japan's oldest and largest firms whose business empire stretches from home electronics to nuclear power stations