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1.7,591.99 MW renewable energy commissioned in 2019-20

34,160 MW renewable energy capacity under implementation


2.Budget proposes Rs 220 billion for power and renewable energy sector in 2020-21

Expansion of national gas grid from the present 16,200 km to 27,000 km has been proposed.


3.e-novation Centre is India’s first hub for Corporate R&D, trainings and innovation

Spread over 12 acre, the corporate innovation hub, built by RSP Developers, is a LEED Gold rated centre


4.Infra players recommend changes to boost sector

The sector seeks exemption from cross subsidy, transmission charges for renewable energy


5.Signify achieves carbon neutral operations in India

Signify (Euronext: LIGHT) has achieved carbon neutrality in India, which is a part of its growth markets. The achievement is part of a total of five more markets – specifically ASEAN, Far East, India, Indonesia and Pacific – achieving carbon neutrality, boosting Signify’s number of markets with carbon-neutral operations to 15 out of a total of 19


6.Proparco invests $15 million in Avaada Group’s clean energy business

The company currently has 3.4 GW of renewable portfolio including under implementation projects and is targeting to expand to 5 GW over the next two years.


7.AIIB Investment in India nears $3 billion

Bank approves US$500 million for Mumbai Urban Transport Project, USD75 Million for Renewable Energy


8.Most trending green features a smart home can incorporate

A green home is actually a smart home by design and implementation.


9.Tata Power, Rockefeller Foundation boost renewable microgrid electricity in India

Tata Power and the Rockefeller Foundation recently announced the launch of a major new initiative to set up microgrids, which will address one of the most pervasive challenges in modern India: the lack of access to affordable, reliable electricity for millions of rural homes and enterprises.


10.MNRE directs the release of PBGs within 45 days after project completion

Reportedly, the Ministry of New and Renewable Energy (MNRE) has instructed NTPC and Solar Energy Corporation of India (SECI) to release performance bank guarantees (PBGs) for all the commissioned wind and solar power projects. The PBGs can be released in the span of 45 days from the commercial operation date (COD), on the condition that all required submission of necessary documents is fulfilled.


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