Daily Archive: July 9, 2015

India,Russia sign MoU for funding of hydro-power projects

In a significant step in economic cooperation, Russia’s Direct Investment Fund (RDIF) on Wednesday signed an MoU with India’s  Infrastructure Development Finance Company (IDFC) for funding of hydro-generation projects. RDIF Director General Kirill Dmitriev...

Solar energy gets a new shine in India

A billion dollars in renewable energy is huge but whenSoftBank of Japan announced investment of $20 billion in India’s renewable energy space, albeit over 10 years, the sector already appears lit up. “Son Masayoshi...

Solar power to get cheaper in Gujarat

AHMEDABAD: With cost of setting up solar power projects coming down, the Gujarat Electricity Regulatory Commission (GERC) has proposed to reduce the solar power tariff for new plants coming up in the state. For...

MNRE nod for delayed projects

The Ministry of New and Renewable Energy has allowed project developers of Batch 1 – Jawaharlal Nehru National Solar Mission (JNNSM) Phase II to continue with their delayed project at their own cost and...

A ray of hope for solar-powered agriculture

Renewable energy is now seen as the key electricity supply option, given its rapidly falling costs and its contribution to enhancing energy security at a time of ever-rising fossil fuel imports. Climate mitigation is...

Column: Fixing discoms’ finances

The Indian power sector is witnessing a strange situation. A look at the power exchange reveals that energy prices have dropped to as low as less than R1/kwh—lower than the cost of generation, meaning...

Ghana wants power sector collaboration with India

Ghana on Wednesday invited Indian power companies to join its massive expansion drive towards attaining self-sufficiency in the the energy sector within five years. Ghana’s Energy Commission chairman, Kwame Ampofo, asked Indian companies to...