1.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.

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2.Tata Power Skill Development Institute Trains 13,527 people in FY2018

Tata Power has been relentlessly working to bridge the skilled labour gap in the Indian power sector. In line with this focus, Tata Power, through its skill development endeavor, Tata Power Skill Development Institute (TPSDI) has successfully trained 13,527 people in FY2018, thereby enhancing their employability prospect.

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3.Tata Power’s Renewable capacity crosses 2,000 MW and green portfolio crosses 3,000 MW mark

Tata Power, India’s largest integrated power company, has announced that its Renewable business registered a healthy profit while surpassing the 2,000 MW operating capacity mark with another about 500 MW under construction.

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4.NABARD signs pact with GCF worth $100 million to boost solar power

In order to enable access to long-term affordable financing for solar rooftop installation projects in the commercial, industrial and residential housing sectors in India

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5.Tata Power Renewable Energy synchronises 15 MW solar plant in Telangana

Tata Power Renewable Energy (TPREL), India’s largest renewable energy company and Tata Power’s wholly-owned subsidiary, has announced the synchronisation of its 15 MW solar plant at Belampally in Telangana, thereby starting its commercial operations.

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6.Infra companies provided with Rs 4,500 crore irregular tax benefits

As reported, Government auditor Comptroller and Auditor General (CAG) has revealed that the Income Tax Department has provided irregular tax benefits to infrastructure companies without verification. This has a tax effect of over Rs 4,500 crore.

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