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Govt plans to set up 25 solar power parks to promote renewable power generation
10 Mar 2015 |
Business Standard
The union minister of state for coal, power and renewable energy, Piyush Goyal, said that the government is ambitious to promote clean energy in the country. "We are encouraging setting up of solar power projects through measures like grant of subsidy on off-grid applications, provision for renewable purchase obligation for solar in the National Tariff Policy, concessional import and excise duty exemption for setting up of solar power plants, accelerated depreciation and tax holiday, generation-based incentive and facility for bundled power for grid-connected solar power," he said.
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Default over Design: How India will really grow its solar industry
27 Feb 2015 |
Bridge To India
For more and more energy-starved customers, solar will offer the best solutions. While these markets (private PPAs, mostly captive, for industries or telecom towers or appliances) are still small, they will scale up as tariffs rise, as consumer awareness and confidence grow and as sales and maintenance channels become established. They can offer companies a chance to innovate, excel and drive customer value, and by extension provide investors with more attractive returns.
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UN special envoy Bloomberg praises PM Modi's green steps, says very bullish on India
17 Feb 2015 |
Times of India
Speaking at global renewable energy investment summit (RE-INVEST 2015) here on India's leading role in moving the world toward a more sustainable future, Bloomberg - founder of the New York-based media company Bloomberg LP said, "I can tell you that, as the owner of a company that connects businesses and banks to capital markets, we are very bullish on India's future."
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At 750MW, Madhya Pradesh to get world’s largest solar power plant
16 Feb 2015 |
The Times of India
Next year on Independence Day, India will have the world's largest 750MW solar power plant in Rewa district of Madhya Pradesh, which will pip America's much-vaunted 550-megawatt Desert Sunlight solar project in California, commissioned four days ago.
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