News

Future of Electricity in India Rest on the Pillars of Afford-ability, Sustainability & Energy Security: Piyush Goyal

wirecableJune 8, 2016October 26, 2020

June 8, 2016October 26, 2020

Government to set up a pool of capital to fund research on green energy technologies May 11, 2016 According to a press release by PIB, Mr. Piyush Goyal, Minister of State (IC) for Power, Coal and New & Renewable Energy said that future of electricity in India rest on the......

News

India to Emerge as a Hot Spot for Cheap, Sustainable Solar Energy: KPMG

wirecableFebruary 9, 2016July 5, 2021

February 9, 2016July 5, 2021

KPMG expects solar power to disrupt the traditional power generation ecosystem as early as 2017 November 16, 2015 The government’s renewable energy mission is set for a big lift as prices for solar energy are set to fall. KPMG expects solar power to disrupt the traditional power generation ecosystem as......

Mytrah Energy Eyes USD 185 Million Equity Finance For Solar Power Projects

wirecableFebruary 9, 2016February 15, 2016

February 9, 2016February 15, 2016

The company is looking to secure enough funds to achieve financial closure for 380 MW worth of solar power projects over the next 6 to 8 months November 16th, 2015 Positive regulatory and economic environment is helping Indian renewable energy project developers consider raising equity funding at high valuations. Mytrah......

Government plans 4,000 mw of solar thermal capacity in Rajasthan

wirecableSeptember 19, 2013April 28, 2016

September 19, 2013April 28, 2016

August 22, 2013 Making it the next hub for solar power in the country, government plans to set up 4,000 mw of solar thermal power capacity in Rajasthan. The largest solar thermal park in the world will be set up near the Sambhar salt lake in Jaipur, which will be......

Mahagenco aims for 280 MW solar power

wirecableJune 8, 2012September 13, 2012

June 8, 2012September 13, 2012

May 10, 2012 In an ambitious plan, the Maharashtra State Power Generation Company Limited (MahaGenco) is planning to commission 280 MW solar power capacity by July 2013. The MahaGenco already has 5 MW solar power capacity at Chandrapur, while work on a 25 MW project at Sakhri in Dhule district......

India to add 67,000 MW solar power capacity by 2022

wirecableMay 26, 2011April 19, 2023

May 26, 2011April 19, 2023

Technological breakthroughs and economies of scale will make solar power competitive in six years and help India add 67,000 megawatts of solar generation capacity by 2022 – more than thrice the country’s target, according to a report by consultancy firm, KPMG. “The present trends indicate that the prospects are very bright for solar power......