Daily Archive: November 18, 2011

VC-backed Azure Power Gets $13.6M From Germany’s DEG

Germany’s bilateral development finance institution DEG (Deutsche Investitions- und Entwicklungsgesellschaft), a member of KfW Bankengruppe, has provided €10 million (Rs 68 crore or $13.6 million) risk capital in the form of compulsory convertible debentures...

India Plans More Incentives for Solar Equipment Makers

MUMBAI – India’s renewable energy ministry plans to introduce more fiscal incentives to boost local manufacturing of solar power equipment, a senior ministry official said Thursday.  Associated Press     The incentives will be...

POWER Sector overview: ELECTRIC THERMAL AND NUCLEAR

Source:http://www.ficci.com/sector/30/Project_docs/Power_Sector_Draft.pdf   India’s power sector has witnessed drastic changes in the past decade. The Electricity Act, 2003 (henceforth referred to as ‘The Act’) paved way for the advent of reforms and competition in the...