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US firm to invest $240mn to light up Bihar's Buddhist sites

By : Sustainability ..., May 8, 2013

A power venture formed by Indian and North American energy professionals plans to create a role model for the world by lighting up famed Buddhist sites in Bihar with a $240 million (Rs. 13 billion) solar energy project as part of a corporate social responsibility...

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Sun shines bright on Guwahati

By : Sustainability ..., May 7, 2013

The Union ministry of new and renewable energy has approved a Rs 1028.47-crore masterplan submitted to it by the Guwahati Municipal Corporation (GMC) to make Guwahati a solar city.

The solar city project masterplan, which was submitted in September 2011, was...

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Suzlon eyes to raise $400 mn by selling 15 non-core assets

By : Sustainability ..., May 6, 2013

World's fifth largest wind turbine- maker Suzlon EnergyBSE 1.97 % is planning to raise up to USD 400 million by selling 15 of its non-core assets in a bid to partly retire the huge debt pile of nearly Rs 14,600 crore, a top company official has said. 

Earlier,...

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India represents only 8% rise in global energy-related carbon emission: Report

By : Sustainability ..., May 6, 2013

This is one battle where India has an upper hand over China. India was responsible for only eight per cent increase of the global energy-related carbon dioxide emission in 2000-10, while China represented 68 per cent, according to a Climate Policy Initiative (CPI)...

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Subject Tags: energy , India , Technology

CIL arm plans solar project

By : Sustainability ..., May 6, 2013

Central Mine Planning and Design Institute (CMPDI), a subsidiary of Coal India Limited (CIL), has plans to use solar energy to light up offices and residential colonies of different subsidiaries of its parent organization. It will also extend to mining areas later....

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Industries evince interest in solar projects

By : Sustainability ..., May 6, 2013

Larger industries in Coimbatore region are exploring the possibility of going in for solar installations, especially in their wind farms.

Chairman of the Southern India Mills’ Association S. Dinakaran told The Hindu on Saturday it would be easy to maintain the...

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Subject Tags: energy

Banks advised not to reject loans for renewable energy projects: Government

By : Sustainability ..., May 6, 2013

The government on Friday said banks have been advised not to reject financing proposals for renewable energy projects on the grounds that power sector as a whole is under stress.

Minister of State for Finance Namo Narain Meena in a written reply to the Lok Sabha...

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Subject Tags: energy

Brookings India chief kicks off India energy crisis research

By : Sustainability ..., May 4, 2013

A research initiative to find solutions for the energy crisis facing India has been launched by the chairman of Brookings India, one of the country's leading policy think tanks. 

Vikram Singh Mehta, who stepped down as Shell India chairman last October, and...

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Subject Tags: energy , India

Renewable energy sector draws $500 m investments this year

By : Sustainability ..., May 2, 2013

The renewable energy sector in India, led by the wind energy segment, is seeing a rebound in investment with around five deals worth $500 million (approximately Rs3,000 crore) being sealed in 2013. In contrast, there has not been a single deal in the conventional...

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Subject Tags: energy , Renewable Energy

Solar power producers oppose any anti-dumping duty on imported gears

By : Sustainability ..., May 1, 2013

Ten solar power producers, including Jackson Ltd, Vikram Solar, Symphony Vyapar Pvt Ltd and Lexicon Vanijya Pvt Ltd have written to the ministry of new and renewable energy ( MNRE) saying imposition of anti-dumping duty on solar imports will severely affect the...

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Subject Tags: energy , Politics