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Harsh Vardhan urges Indian scientists to use renewable, green material

According to reports, Harsh Vardhan, Union Minister for Science and Technology, has urged scientists and technologists working on developing low cost building and structural material that they have got to bear most of the burden of implementing Prime Minister Narendra Modi’s dream of a roof above every head by 2022.Addressing the staff of the CSIR-Structural Engineering Research Centre (CSIR-SERC), a Laboratory of the Council for Scientific and Industrial Research (CSIR),Harsh Vardhan said, “More than ever before we need low cost ... Read More »

PSBs commit ₹1.71-lakh cr for green lending

According to reports, public sector banks have made ‘green lending’ commitments totalling ₹1,70,740 crore to help stakeholders put up renewable energy projects over the next five years. At an average project cost of ₹5 crore per megawatt (MW), green energy generation in the country is expected to increase by 34,148 MW during this period. The green lending commitments were recently made by the banks to the Ministry of New & Renewable Energy (MNRE). The sources of green (clean) energy include ... Read More »

Solar energy may power Vashi station complex

According to reports, the Vashi Railway Station Commercial Complex Ltd (VRSCCL) is planning to tap solar energy. The complex receives ample sunshine and has the advantage of terrace space of around 1.5 lakh sq ft. The building is better known as International Infotech Park. The space above the station has offices and VRSCCL maintains the premises. This is part of the authorities’ attempt to reduce usage of electricity and, subsequently, the monthly bills on energy consumption. The amount thus saved ... 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 »

Twelve smart cities to come up at ports with Rs 50k-crore investment

According to reports, the government is working on an ambitious plan to build one smart city each at the country’s 12 major ports, at an estimated total investment of Rs 50,000 crore, Union Minister Nitin Gadkari has said. “Each port will construct one smart city. We are trying to do this. Each city will be built with an expenditure of about Rs 3,000-4,000 crore,” said the Minister for Road Transport, Highways and Shipping. “These will be green smart cities. We ... Read More »

Surana Solar plans to diversify into LED business

According to reports, Surana Solar Limited, a manufacturer of solar energy systems with the focus on solar photovoltaic modules, is planning to diversify into LED bulbs and tubes manufacturing to tap the burgeoning demand for LEDs in India. “In view of growth potential in the field of LED, the company proposes to enter into a new line of business for manufacturing LED bulbs and LED tubes of an initial capacity of 10,00,000 units with an established entity in the market. ... Read More »

Amadeus Capital invests in India-focused energy management firm

According to reports, technology investor Amadeus Capital Partners on Wednesday said that it has made the second investment from its Digital Prosperity Fund, leading the equity component of $21 million financing in Cambridge Clean Energy Ltd. Cambridge is a provider of renewable energy management solutions to mobile network operators and tower companies in India and Africa, with plans to increase its presence in India, Amadeus said in a statement. The investment follows Amadeus’ announcement that Bhavani Rana had joined the ... Read More »

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