India should be allowed to import more nuclear fuel: PM
The Dollar Business Bureau After laying stress on India’s thrust towards renewable energy production as an effort to ensure universal energy access to India at the Re-Invest 2015 – first Renewable Energy Global Investors Meet & Expo in mid-February, Prime Minister, Narendra Modi called upon the world to ease restrictions for India on import of nuclear fuel, so that India could also produce clean nuclear energy in a big way. Modi, who inaugurated the Conference of State Environment and Forest Ministers in New Delhi, on April 6, 2015 also added that, the Government is focusing on clean energy generation in a big way, through solar radiation, wind and biomass. During Re-Invest 2015, Modi called for a sustained technological research in ...
Energy body refutes reports of centre not pursuing solar plants with 1 lakh MW
Jayarama Emani| The Dollar Business President of Solar Energy Society of India (SESI), Ajay Prakash Shrivastava, refuted reports in certain sections of the Media that claimed that the government is not pursuing installation of solar plants with 1 lakh megawatt capacity in the year 2015-16. Speaking to The Dollar Business, Shrivastava said, “The reports are not entirely true. The activities are there though at a slow speed which should be speeded up. Various state governments have come up with solar energy policy and others are in line and are hoping for joint ventures with foreign investors.” Stating that the implementation of the scheme is taking time as solar energy is a new venture and before implementation of the scheme, ...
US to aid India in developing clean energy technologies
The Dollar Business Bureau The United States has agreed to help India in developing renewable energy technologies and a decision to this effect was taken during the US President Barack Obama’s visit to India in January 2015. A statement to this effect was informed by Piyush Goyal, Union Minister of State for Power, Coal & New and Renewable Energy (IC), on Monday. India and the US also discussed on the critical importance of expanding clean energy research, development, manufacturing and deployment, which increases energy access and reduces greenhouse gas emissions, during Obama’s visit, the Minister added. Stating that the two governments have also agreed to undertake new agreements to enhance clean energy cooperation, the Minister mentioned about the initiatives ...
Commitments of Re-Invest 2015 under progress: Minister
The Dollar Business Bureau The Union Minister of New and Renewable Energy, Piyush Goyal, on Thursday, informed that the Central government has started interactions with the State Governments to facilitate the fulfillment of the commitments received in the RE-INVEST 2015. In this regard, the Minister informed about the financial commitments given by the banks and financial institutions for Green Energy projects, up to 2021-22. According to the official statistics by the Ministry of New and Renewable Energy, Green Energy Financing Commitments submitted for financing up to 2021-22, in the recently held RE-INVEST 2015, accounts to about Rs 3,52,640 crores for 70,505 MW of generation. The Minister informed about the implementation of Green Energy Corridor Project for evacuation of renewable energy ...
China, Germany, UK back India on renewable energy
The Dollar Business Bureau India’s commitment to renewable energy got a major boost as China, Germany and UK said that they will back its initiatives. Speaking on the side-lines of Re-Invest 2015 - first Renewable Energy Global Investors Meet & Expo, Uwe Beckmeyer, Deputy Minister, Federal Ministry of Economics & Energy, Federal Republic of Germany and Baroness Sandip Verma, Minister of Energy & Climate Change, UK, announced their support to India in renewable energy sector. The UK Minister said that she would encourage Indian RE firms to explore UK financing and also assured that her country will support India in Framework, Financing and Firms. Michael R Bloomberg, UN Secretary General’s Special Envoy for Cities & Climate Change urged both ...
PM to inaugurate first renewable energy global investors meet
The Dollar Business Bureau The Prime Minister Narendra Modi, will inaugurate the first Renewable Energy Global Investors Meet & Expo, Re-invest 2015 on the February 15, 2015 aimed at evolving innovative financial models for funding and to ensure the partnership of states and the Centre in harnessing renewable energy. It will also showcase the Government of India`s commitment to the development and scaling up of renewable energy to meet the national energy requirement in a socially, economically and ecologically sustainable manner. “The government is looking at embedding rooftop power, off- grid power in new buildings and embedding green energy features in Building Code,” said Piyush Goyal, The Minister of State (I/C) for Power, Coal & Renewable Energy, and added, “The ...
