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    Infosys plans to completely shift to renewable energy by 2018

    According to reports, Information Technology major Infosys Ltd has embarked on a roadmap to power its entire electricity requirement from renewable sources by 2018. The company is planning to invest in 175 MW of solar plants by March 2018. Infosys did not disclose the amount to be invested. But going by the market rate of Rs. 7 to 8 crore cost per megawatt of solar based power plant, the company might invest in the range of Rs. 1200 to Rs. ... Read More »

    Land acquisition bill row delays solar policy nod in Maharashtra

    According to reports, the hurdles in the passage of the land acquisition bill in Lok Sabha has delayed the announcement of Maharashtra government’s solar policy, which is aimed at generating 7,500 MW power through solar energy. Who’s opposing land acquisition bill? The Centre has been facing too many hurdles for the passage of the land acquisition bill. Noted social worker Anna Hazare led the agitation at Jantar Mantar against the proposed Act while the entire Opposition as well as alliance ... Read More »

    Budget outlay worryingly ‘too little’ for EVs

    According to reports, the Budget outlay of ₹75 crore for electric mobility has come as a bit of a dampener for manufacturers like Mahindra Reva headed by Chetan Maini. In an interview, he throws more light on the subject even as he gears up to shortly move out of his present role as CEO to a new one at Mahindra & Mahindra. With the Union Budget announcing the launch of a scheme for faster adoption and manufacturing of electric vehicles (FAME) ... Read More »

    Tamil Nadu to Buy 3,000 MW Solar Energy; 200 Firms Express Interest

    According to reports, the State government is trying to procure 3000 MW of solar power by the end of 2015 and more than 200 firms have shown interest in signing Power Purchase Agreements (PPAs) for 2000 MW so far, says the Chairman and Managing Director (CMD), Tamil Nadu Generation and Distribution Corporation Limited, M Saikumar. Speaking on Tuesday at the commissioning of a rooftop solar power plant at Ramakrishna Mission, Mylapore, Saikumar said the present cost of solar power, which ... Read More »

    Telangana govt to call bids for 1,000-MW solar PV projects

    According to reports, the Telangana government is in the process of inviting bids to set up 1,000 MW of solar photo-voltaic (PV) power generation farms through a reverse bidding process, said Aravind Kumar, principal secretary, energy. “During the last development of 505 MW solar projects, the price discovery has been Rs 645 per unit. Keeping this as a base price, we are planning to invite the tenders for the 1,000 MW, through a reverse bidding process, within a month. These ... Read More »

    Shapoorji Pallonji group plans 50 MW solar project in Egypt

    According to reports, the Shapoorji Pallonji group is likely to begin work on a 50 MW solar power project in Egypt, it is reliably learnt. Sources say that the plant will be owned by the group company, Shapoorji Pallonji Infrastructure Capital Company Ltd. The company bagged the project by responding to an Expression of Interest. The power purchase agreement will be signed with the Egyptian Electrical Transmission Company (EETC), a state-owned power transmission at distribution utility, for a tariff of ... Read More »

    Smart Cities initiative will create new urban centres: Piyush Goyal

    According to reports, Piyush Goyal, Power, Coal and New and Renewable Energy Minister, said the Government’s plan to create a 100 smart cities will finally give India new cities. “Since Independence, Chandigarh is the only new city that has come up. Yes, New Raipur is there but the infrastructure developed there is still not enough. I look forward to your discussions which would be a valuable input as we embark on the journey to create 100 smart cities,” said Goyal ... Read More »

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