JSW Energy Limited, a part of JSW group, is soon coming out with its Initial Public Offer to raise Rs.3000 for its under construction 3000MW power projects. With this JSW Energy is targeting to be a leading power generator by 2015 with 11,400MW generation capacity.

JSW Energy is distributing its business and investments into renewables such [...]

Solar Semiconductor looks for private equity worth $30 mn

Solar Semiconductor, is looking for private equity players and venture capitalist to raise $30 million. As per Mr. Hari R Surapaneni, CEO & President, Solar Semiconductor, the activities were so far funded by the promoters. The current funding, from investors, preferably PE and VC, would come by [...]

The Cabinet Committee on Infrastructure today approved the continuation of Remote Village Electrification Programme of the Ministry of New and Renewable Energy during the remaining period of the 11th Plan.

The Programme aims to provide renewable energy based lighting/basic electricity facilities with 90% Central Financial Assistance to those unelectrified villages and hamlets which are not going [...]

The Prime Minister’s Council on Climate Change today approved “in principle” the National Mission on Enhanced Energy Efficiency. Approving the Mission, the Prime Minister said that, “This Mission will enable about Rs. 75,000 crores worth of transactions in energy efficiency. In doing so, it will, by 2015, help save about 5% of our annual energy [...]

Apart from the National Function at Jaipur in Rajasthan by MNRE, many states of the country celebrated Rajiv Gandhi Akshay Urja Divas (Renewable Energy Day). Each year 20th of August the birth anniversary of the former Prime Minister, Rajiv Gandhi who had the vision for providing electricity to all rural and remote areas of the [...]

As part of energy conservation measures, Delhi Government is encouraging construction of green buildings, especially for Commonwealth Games slated next year. Also we have made the solar water heater system mandatory in industries, hotels, hospitals, nursing homes, hotels, canteens and residential buildings having an area of 500 sq.

meter, Chief Minister Sheila Dikshit said at Rajiv [...]

The installation of a solar energy tapping system should be made compulsory and a condition by the local bodies for issuing building plan approvals for houses in order to encourage the harnessing of the abundant solar energy available in places like Vellore and reduce the use of electricity in the context of the power scarcity [...]

Dr. Farooq Abdullah, Union Minister for New and Renewable Energy has said that hospitality industry is one of the major potential areas for development & implementation of Renewable Energy at an Interactive Session on Maximizing Renewable Energy Integration in the Hospitality Sector organized by Confederation of Indian Industry in Jaipur on the Rajiv Gandhi Akshay [...]

Jaipur : Union Minister for New and Renewable Energy Farooq Abdullah today assured the Rajasthan government that every village in the state would be provided power within next five years.

Abdullah, who was here as chief guest on the occasion of ‘Rajiv Gandhi Akshay Urja Divas’, said his ministry would soon chalk out an action plan [...]