IFC to take 15 percent stake in two SunEdison companies
May 10th, 2012 - 5:45 pm ICT by IANS
Chennai, May 10 (IANS) International Finance Corporation (IFC), a part of World Bank, will be investing Rs.75 crore ($14.5 million) towards 15 percent stake in two holding companies of solar ... Read more...
Posted in Business |
Panel suggests Rs.800,000 crore railways modernisation plan
February 27th, 2012 - 9:40 pm ICT by IANS
New Delhi, Feb 27 (IANS) A high-level panel on railway modernisation, headed by technocrat Sam Pitroda, Monday suggested a total funding of over Rs.800,000 crore for revamping the Indian Railways ... Read more...
Posted in Business |
Energy firm Soham raises Rs.125 crore from SBI fund
November 7th, 2011 - 10:11 pm ICT by IANS
Bangalore, Nov 7 (IANS) Independent power producer Soham Renewable Energy India Ltd Monday said it had raised Rs.125 crore from Macquaire-State Bank of India (SBI) Infrastructure Fund (MSIF) to ... Read more...
Posted in Business |
Puerto Rico to have Caribbean’s largest solar project
October 7th, 2011 - 11:48 am ICT by IANS
San Juan, Oct 7 (IANS/EFE) Puerto Rican Gov. Luis Fortuno announced Thursday that a $98 million solar-energy project - the largest ever in the Caribbean region - will be built ... Read more...
Posted in Business |
Suzlon Energy to set up wind turbines in Africa
May 25th, 2011 - 6:10 pm ICT by IANS
Mumbai, May 25 (IANS) India's wind turbine manufacturing major Suzlon Energy Wednesday said it has signed a contract with African Clean Energy Development (ACED) for supply and construction of 76 ... Read more...
Posted in Business |
Chinese firm to invest in Pakistan hydel power projects
April 6th, 2011 - 12:59 pm ICT by IANS
Islamabad, April 6 (IANS) A Chinese firm is looking at investing in Pakistan's hydel power projects that would add nearly 9,000 MW of electricity to the national grid, a media ... Read more...
Posted in Business |
ADB signs JV to develop renewable energy in India
November 24th, 2010 - 6:46 pm ICT by ANI
New Delhi, Nov.24 (ANI): The Asian Development Bank (ADB) today signed a joint venture agreement with India's NTPC Ltd. and Kyushu Electric Power Company of Japan to develop and operate 500 megawatts ... Read more...
Posted in National |
$917 mn finance for Madhya Pradesh power plant
October 22nd, 2010 - 11:28 am ICT by IANS
By Arun Kumar
Washington, Oct 22 (IANS) The Export-Import Bank of the United States (Ex-Im) has approved a $917 million export finance guarantee to support US exports to the Sasan Power Ltd coal-fired ... Read more...
Posted in Business |
Indian duo on round the world bicycle trip to raise global warming awareness
September 6th, 2010 - 6:42 pm ICT by ANI
Kuala Lumpur, Sept 6 (ANI): Indian environmentalists T. Srinivasa Rao and R. Gnanasekaran from, who are on their seventh globe-trotting expedition to raise awareness on global warming, have said that they believe ... Read more...
Posted in World |
Oz university students set for electric-vehicle race around the world
August 19th, 2010 - 6:03 pm ICT by ANI
Melbourne, Aug 19 (ANI): A team of students from the University of South Australia is taking part in a race around the world in an electric-vehicle called TREV (Two-seater Renewable Energy Vehicle). ... Read more...
Posted in World |
US bank nod to sale of equipment for Reliance Power plant
July 15th, 2010 - 3:41 pm ICT by IANS
New Delhi, July 15 (IANS) The US export-import bank has given a preliminary approval to a loan guarantee of $600 million for the sale of mining equipment for the 3,960 MW power ... Read more...
Posted in Business |
Farooq Abdullah calls for push to renewable energy projects
June 23rd, 2010 - 4:24 pm ICT by ANI
New Delhi, June 23 (ANI): Union Minister for New and Renewable Energy Dr. Farooq Abdullah, called upon Asian Development Bank (ADB) and other multilateral agencies to considerably step up their support to ... Read more...
Posted in National |
Energy projects in Arizona receive more than $4.8 million in grants
May 15th, 2010 - 4:06 am ICT by BNO News
PHOENIX, ARIZONA (BNO NEWS) – The Arizona Department of Commerce Energy Office awarded more than $4.8 million in Energy Efficiency and Conservation Block Grants (EECBG) to 50 communities and five counties for ... Read more...
Posted in Business |
Farooq Abdullah reviews renewable energy projects in J-K
May 13th, 2010 - 8:01 pm ICT by ANI
Srinagar, May 13 (ANI): Union Minister for New and Renewable Energy Dr. Farooq Abdullah, who is on a two das visit to Jammu and Kashmir, met with Chief Minister Omar Abdullah here ... Read more...
Posted in National |
India looking to Germany for assistance in renewable energy technologies
May 7th, 2010 - 5:06 pm ICT by ANI
By Ajitha MenonKolkata, May 7 (ANI): India, one of the biggest markets for alternative energy technologies, is looking towards Germany for technological assistance and knowledge transfer in the field of renewable energy, ... Read more...
Posted in National |
Canada Aviation Museum to install solar energy system
April 27th, 2010 - 3:26 am ICT by BNO News
OTTAWA, ONTARIO (BNO NEWS) – The Canada Aviation Museum will be constructing a solar photovoltaic system to provide solar energy, Efinity, a global renewable energy company, announced Monday.The project will be the ... Read more...
Posted in Environment |
NTPC plans 1,000 MW thermal power plant in Gujarat
March 20th, 2010 - 10:55 pm ICT by IANS
Gandhinagar, March 20 IANS) The National Thermal Power Corporation Ltd (NTPC) will set up a 1,000 MW coal-based thermal power station at Khambat in Gujarat's Anand district at a cost of Rs.5,000 ... Read more...
Posted in Business |
India, Japan agree to take strategic partnership forward
December 29th, 2009 - 3:11 pm ICT by ANI
New Delhi, Dec 29 (ANI): India and Japan have signed a joint statement on moving to a new stage of their strategic and global partnership here today.The joint statement to this ... Read more...
Posted in National |
Japanese premier in Delhi to boost economic, defence ties
December 28th, 2009 - 8:41 pm ICT by ANI
New Delhi, Dec 28 (ANI): Japan's Prime Minister Yukio Hatoyama on Monday arrived in New Delhi on his first visit as premier to hold high-level talks on economic and defence security ... Read more...
Posted in National |
France proposes ‘justice-climate’ plan for poor countries
November 13th, 2009 - 7:53 pm ICT by ANI
New Delhi, Nov. 13 (ANI): In order to break the deadlock between rich and poor during the upcoming climate talks in Copenhagen, France is proposing a plan to help the world's poorest ... Read more...
Posted in National |
More green buildings needed for saving energy: US official
September 7th, 2009 - 8:48 pm ICT by IANS
Panaji, Sep 7 (IANS) A US government energy department official has called for more green buildings to promote conservation of energy in India.
"The need of the hour is to have more and ... Read more...
Posted in Business |
Indonesia invites Indian firms to invest in its power sector
September 7th, 2009 - 7:58 pm ICT by IANS
New Delhi, Sep 7 (IANS) Indonesia's power expansion programmes offer Indian companies a good investment opportunity, according to Purnomo Yusgiantoro, the South-east Asian country's energy and mineral resources minister.
Indonesia is set to ... Read more...
Posted in Business |
Blueprint soon for 20 gigawatt of solar power
August 10th, 2009 - 7:31 pm ICT by IANS
New Delhi, Aug 10 (IANS) An ambitious blueprint to produce 20 gigawatt (20,000 MW) of solar power will be ready by the end of this year to augment India's energy security in ... Read more...
Posted in Business |
US to loan over $30 billion for renewable energy
July 30th, 2009 - 5:41 am ICT by IANS
Washington, July 30 (DPA) The US will loan up to $37.5 billion to fund renewable energy projects around the country, the Energy Department said Wednesday.
The new loans are part of an effort ... Read more...
Posted in Business |
UAE to host headquarters of global renewable energy agency
July 8th, 2009 - 7:03 pm ICT by IANS
Abu Dhabi, July 8 (IANS) The United Arab Emirates (UAE) capital would host the headquarters of the International Renewable Energy Agency (IRENA), WAM news agency reported Wednesday.
Mohammed Ahmed Al Bowardi, secretary general ... Read more...
Posted in Environment |
Tech leaders say budget in right direction
July 6th, 2009 - 10:42 pm ICT by IANS
Bangalore, July 6 (IANS) Looking beyond their own industry, leaders from Indian IT firms Monday said the union budget for 2009-10 was a firm step in right direction that would ... Read more...
Posted in Business |
Sops for renewable energy projects should continue: Abdullah
June 19th, 2009 - 10:35 pm ICT by IANS
Chennai, June 19 (IANS) New and Renewable Energy Minister Farooq Abdullah Friday said his department would request the finance ministry to continue with existing incentive schemes for renewable power projects.
"We find there ... Read more...
Posted in Business |
‘Meltdown forcing rich nations to shelve anti-greenhouse projects’
March 13th, 2009 - 8:56 pm ICT by IANS
New Delhi, March 13 (IANS) The global financial crisis is forcing developed countries to put off plans to build projects to curb greenhouse gases emissions in developing nations, an industry lobby report ... Read more...
Posted in Business |
Obama team considering over 600 billion-dollar economic-stimulus plan
December 13th, 2008 - 6:12 pm ICT by ANI
Chicago, Dec.13 (ANI): US President-elect Barack Obama''s economic team is considering an economic-stimulus program that could be in excess of 600 billion dollars to be used over a period of two ... Read more...
Posted in World |
Orient Green Power raises $55 million from private investors
November 25th, 2008 - 9:47 pm ICT by IANS
Chennai, Nov 25 (IANS) At a time when dollar funds are fast drying up for Indian corporates, city-based renewable energy company Orient Green Power Company Ltd. has raised $55 million as equity ... Read more...
Posted in Business |
Tamil Nadu electricity board pulled up for grid overdrawal
November 25th, 2008 - 9:26 pm ICT by IANS
Chennai, Nov 25 (IANS) The Central Electricity Regulatory Commission (CERC) has suo moto issued a show cause notice to the power starved Tamil Nadu Electricity Board (TNEB) for over-drawing from the grid ... Read more...
Posted in Business |
Aishwarya Rai Bachchan to attend Live Earth concert in Mumbai on Dec. 7
November 21st, 2008 - 4:00 pm ICT by ANI
London, November 21 (ANI): Bollywood star Aishwarya Rai Bachchan will be among celebrities who will attend a Live Earth concert in Mumbai on December 7.
Bon Jovi and Pink Floyd''s Roger ... Read more...
Posted in National |
Damodar Valley Corp, Tata Power ink pact
September 26th, 2008 - 7:36 pm ICT by IANS
Kolkata, Sep 26 (IANS) State-owned power producer Damodar Valley Corp (DVC) and private player Tata Power Friday signed an agreement to explore options for capacity augmentation, mining and research and development, the ... Read more...
Posted in Business |
Remote Rajasthan village gets lit by solar power
August 12th, 2008 - 1:05 pm ICT by IANS
New Delhi, Aug 12 (IANS) Around 500 residents of a Rajasthan village now have lighting from solar power, thanks to an initiative by international renewable energy major Conergy, in partnership with the ... Read more...
Posted in Environment |
‘India should focus on renewable energy sources’
June 12th, 2008 - 10:28 pm ICT by IANS
Chennai, 12 June (IANS) India should focus more on harnessing its renewable energy potential in order to reduce its dependence on conventional energy sources, said a top government official here Thursday. "In ... Read more...
Posted in Uncategorized |