Search Result for : Upendra Tripathy

Source: The Dollar Business Bureau   The international financial bodies, including the World Bank, should give a clear roadmap and enhance their monetary commitment to at least 15 percent from the current 5 percent for development of renewable energy sector, opined a senior official from the Ministry of New & Renewable Energy. “The global bodies, like World Bank, must provide a clear roadmap and tell how much funds they will provide for renewable energy sector during the next five years as they are the chief controller of finances globally. Today, we require at least 15 percent for the sector but World Bank gives only 5 percent for India’s renewable energy sector,” said Upendra Tripathy, Secretary, Ministry of New & Renewable ...

Source: PIB, Government of India India and the United States of America signed a Memorandum of Understanding (MoU) on cooperation to establish the PACESetter Fund. The fund will support the Promoting Energy Access Through Clean Energy (PEACE) track of the U.S.-India Partnership to Advance Clean Energy (PACE)  and to accelerate the commercialization of off-grid clean energy through early-stage grant funding grants. It will also help to develop and test innovative products, systems, and business models. The MoU was signed by Upendra Tripathy, Secretary, Ministry of New and Renewable Energy from Indian side and by Richard Verma, United States Ambassador to the Republic of India from USA side on June 30, 2015 at New Delhi. The Government of India and the United ...