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Delhi Considers ‘Rent-a-Roof’ Solar Power Program To Meet Rising Electricity Demand

By : Sustainability ..., Jul 16, 2014

 A solar rooftop policy mastered by Indian Prime Minister Narendra Modi in Gujarat during his tenure as Chief Minister is set to be replicated across the country, starting with the national capital Delhi. The aggressive expansion of this solar power program may help bridge...

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India Infrastructure Finance Company Ltd likely to fund acquisition of energy assets by Indian companies abroad

By : Sustainability ..., Jul 16, 2014

The government may allow India Infrastructure Finance Company Ltd (IIFCL) to finance acquisition of energy assets by Indian companies abroad. To fund such deals, the infrastructure financing firm's UK-based subsidiary may raise money through bonds. 

"There have been...

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Low Carbon Society Would Boost Global Economy by $2.6tn Annually

By : Sustainability ..., Jul 16, 2014

 The global economy could be boosted by a gargantuan $2.6tn each year if the world's governments became more energy efficient and reformed their nations' waste management and public transport, according to a World Bank report. 

The report, produced in association with...

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Subject Tags: Business , energy

MNRE in favour of restoring accelerated depreciation benefits

By : Sustainability ..., Jul 16, 2014

India’s ministry of new and renewable energy (MNRE) has taken up the issue of restoration of accelerated depreciation benefits with the finance ministry, said Piyush Goyal, India’s minister in charge of power, coal, and new and renewable energy, according to a statement after...

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Subject Tags: energy

72% increase in venture capital funding in solar energy sector

By : Sustainability ..., Jul 15, 2014
Subject Tags: energy

Increase in clean energy cess on imported coal: Adani, GVK and Tatas to redraw foreign assets

By : Sustainability ..., Jul 14, 2014

 Indian companies having coal mines abroad, such as Adani, Tata Power and GVK, will have to redraw their strategy.

They are staring at increased costs, with the new Union Budget proposing to increase the clean energy cess on imported coal from Rs 50 a tonne to Rs 100 a...

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Welspun Energy starts work for setting up of 50 MW solar project

By : Sustainability ..., Jul 14, 2014

 Renewable energy generator Welspun Energy Pvt Ltd (WEPL) today said it has started work for setting up of 50-MW solar project at Baramati Maharashtra.

The company is setting up the project on a public-private partnership (PPP) model with Maharashtra State Power...

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Strapped for Cash: Union Budget 2014 & the Sustainability Agenda

By : Sustainability ..., Jul 12, 2014

"India unhesitatingly desires to grow… the country is in no mood to suffer unemployment, inadequate basic amenities, lack of infrastructure and apathetic governance." These were some of the opening remarks to preface the first budget of the newly minted BJP government. There...

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Industry welcomes boost to renewable energy in Budget 2014

By : Sustainability ..., Jul 11, 2014

 The power industry today welcomed the Budget's emphasis on renewable energy and coal-based project, saying it will give an impetus to the sector which is reeling under a crisis.

Finance Minister Arun Jaitley, in his maiden budget today, announced allocation of Rs 1,...

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Subject Tags: energy , Technology

France says vast solar energy,urban development potential in Rajasthan

By : Sustainability ..., Jul 11, 2014

 There is a great potential to work with the Rajasthan government in renewable energy, especially solar energy, urban development and tourism sectors, France's Special Representative for Economic Relations with India, Paul Hermelin said here today 

France's companies...

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Subject Tags: energy , France , Technology