Despite the setback in renewable energy (RE) capacity addition in 2020 the demand for corporate renewable power purchase agreements (PPAs) is expected to surge in 2021 as a result of increased sustainability objectives of leading corporate buyers said the report by World Business Council for Sustainable Development (WBCSD) and JMK Research. WBCSD is a Geneva-based CEO-led […]
The southern Indian state of Andhra Pradesh, a major producer of renewable energy (RE), which had an installed capacity of 8,421 megawatt (MW) till 31 December 2020, has released feasibility reports of five project sites for setting up ultra-mega solar power parks under its renewable energy export policy announced in July 2020. The RE export policy, which […]
The Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF), which markets dairy products under the brand Amul, expects a 12-15 per cent growth in revenue in the current fiscal year over the previous year despite the COVID-19 pandemic and operational hurdles after a nationwide lockdown, The optimism stems from the growing household demand for branded food […]
India’s solar sector attracted global corporate investment of $14.5 billion in 2020, a 24 percent jump from $11.7 billion raised in 2019, clean energy communications and consulting firm Mercom Capital Group said in its annual report on funding and merger and acquisition in the sector. Despite the uncertainties caused by the Covid-19 pandemic translating to […]
State-owned Indian Renewable Energy Development Agency (IREDA) recently entered into a memorandum of Understanding (MoU) with Satluj Jal Vidyut Nigam Ltd (SJVN) for collaboration on green energy projects. As per the understanding, IREDA will provide its services to SJVN for its green energy projects, which includes undertaking all Techno-Financial due diligence of renewable energy, energy […]
Under the government’s ‘Make in India’ initiative, the union territory of Ladakh has got the nod for the largest solar power project Leh. The project called ‘Provision of Solar Photo Voltaic Powerplant 1.5 megawatt (MW)’ envisages providing sustainable alternative energy to fossil fuel and traditional methods of energy generation and is scheduled to be completed well before […]
In a bid to kick start agro-photovoltaic projects in Odisha, the Solar Energy Corporation of India (SECI) has recently signed a Memorandum of understanding (MOU) with Odisha Renewable Energy Development Agency (OREDA) to jointly develop the grid-tied agro-photovoltaic projects in the coastal state. The installation will be carried out in a manner that the same land […]
After being hit hard by the Covid-19 pandemic that saw India’s natural rubber production and consumption fall sharply, the industry is experiencing buoyancy once again as demand for tyres by the automobile sector and other non-tyre requirements continue to rise, Dr. K.N. Raghavan, Chairman and Executive Director, Rubber Board,Ministry of Commerce and Industry, tells indoasiancommodities.com […]
With changing consciousness, consumers are being increasingly mindful of the fabric they wear and use and whether it is kind to the planet. In the last few years, giving in to the rising demand for “better cotton”—cotton grown under schemes that eliminate the nastiest pesticides and encourage strict water management, large global apparel makers and […]
Inflation indexation of tariffs for future solar capacity could be an interim solution to ease the financial burden of an already distressed power distribution sector and to move away from coal-fired power, a recent joint briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA) and the CEEW-Centre for Energy Finance (CEF) has […]
