THE power ministry is mooting a venture fund to underwrite investments in new clean energy projects, as it looks to invite fresh players into the sector.
Hyderabad, June 21 With the European Union charting out a strategy to ensure 20 per cent of its energy requirement comes from renewable energy sources by 2020, opportunities for cooperation in wind and photovoltaic power generation segments are set to grow.
CHENNAI: Udangudi in Tuticorin district may be the site for a 100-megawatt solar thermal power plant. This was mooted during a meeting between Union Minister for New and Renewable Energy Farooq Abdullah and Electricity Minister Arcot N. Veeraswami here on Saturday.
CHENNAI: The new power-generation based incentives planned for the renewable energy sector will not phase out the existing accelerated depreciation incentives, Union Minister for New and Renewable Energy Farooq Abdullah said here on Friday.
Hyderabad, June 19 The Indian Semiconductor Association (ISA) has recommended that incentives in the form of capital subsidy on the lines specified under the Semiconductor Policy be made available to larger number of units engaged in solar Photovoltaic (PV) manufacturing.
The government has decided to set up 20 new plants with a generation capacity of 3,551 megawatt electricity by 2014 to meet the growing demand in the country.
As per the decision, 20 power plants would be built under short-term and long-term plans in both public and private sectors.
