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Vinayak expressed optimism, particularly in renewable energy, and also highlighted efforts in renewable power generation and the government's softened stance on coal thermal capacity
[Vivriti presents The Game Changer Summit 2022 in partnership with CNBC-TV18] This is a space where pathbreakers meet path makers and innovation provides inspiration. As part of the summit, Vivriti and CNBC-TV18 bring to you a series of podcasts, a celebration of impactful stories of innovation and entrepreneurship.
The levies, effective from April 1, could jeopardize solar projects with a combined capacity of 28 gigawatts, according to the National Solar Energy Federation of India.
The study "India's Expanding Clean Energy Workforce" highlighted that most of the new jobs would be generated by small-scale renewable energy projects such as rooftop solar and mini and micro-grid systems compared to utility or large-scale projects like solar parks.
Ortega's investment holding Pontegadea will pay 245 million euros ($281 million) for a 49 percent stake in the Delta wind farm in the northern province of Zaragoza.
The sector is facing headwinds because of the long delays in making payments by the state distribution utilities, delays in projects bid out over the past two years, difficulties in acquiring land for projects, securing transmission connectivity and financing in a timely manner, the ratings agency said.
According to a study by job portal Indeed, under the sustainable energy job profiles, searches for solar design engineers, solar project engineers and solar electrical engineers witnessed significant increase.
With the legal framework in place for the International Solar Alliance (ISA), the brainchild of Prime Minister Narendra Modi and launched during the UN climate summit in Paris, ISA will be a "major" international body headquartered in India, it added.
The Tamil Nadu-based company is also the first renewable energy sector company to list on NSE's SME segment -- EMERGE.
The government's draft National Wind-Solar Hybrid Policy is a step in the right direction for promotion of renewable energy sector on a larger scale, ratings agency ICRA said
The Talkathon was organised to highlight India's efforts in the run up to the UN Climate Change Conference in Paris (COP21).
Although a majority of rural households do not have LPG or other clean cooking options, Uttar Pradesh scored better than other states while Jharkhand reported the lowest level of access to clean cooking energy, the survey found out.
Karnataka has bigger plans for the new and renewable energy sector as the state is embarking on setting up of Asia's largest Solar Park of 2,000 MW, at Tumkur, with the help of Government of India.
India is expected to add 39,133.27 MW renewable installed capacity by 2022 presenting huge opportunities of investments in this sector.
India launched its National Action Plan on Climate Change in 2008 and is currently revisiting National Missions in the light of new scientific information and technological advances. Coal cess has been doubled to Rs 100 per tonne in 2014.
The government aims to have 1,00,000 MW of installed solar power capacity by 2022 from the present around 3,000 MW. Goyal said the government is also looking at rooftop solar model.
The Budget may not see a significant hike in allocation for the power sector. An allocation of about Rs 17,000 crore will be announced for the revamped schemes like Integrated Power Development Scheme and Deen Dayal Upadhyay Gram Jyoti Yojna.
The scope of the work includes procuring of land, designing, manufacturing, supplying, erecting, testing, commissioning and synchronising with grid.
US government-owned financial entity Overseas Private Investment Corp (OPIC) plans to invest up to USD 820 million (about Rs 3,600 crore) in the fast- growing Indian renewable energy sector by the end of 2011.
An increasing number of farmers will try to claim a share of France's renewable energy sector to help cope with farm price volatility and counter environmental criticism that has tarnished their rural image.
