Daily Archive: March 3, 2012

OFF-GRID Projects and REC: A new socio-economic development tool?

Source: http://www.reconnectenergy.com/rec/index.php/newsletters-on-rec-mechanism.html   Background Promotion of renewable energy has been vehemently recom-mended under various legislative documents like the Electricity Act-2003 (the EA), National Electricity Policy (NEP), National Tariff Policy (NTP), National Action Plan for Climate...

No cap on bank lending to sector, RBI says

The Reserve Bank of India has not mandated any sectoral exposure limits on banks, and hence, banks should not say that having hit the limit for the power sector they are unable to lend...