Tag Archives: India

India to use tax-free bonds for funding renewable energy projects

State-owned companies including the Indian Renewable Energy Development Agency (IREDA), Power Finance Corp (PFC) and Rural Electrification Corp (REC) plan to raise around INR50 billion (US$779 million) through the sale of tax-free bonds for renewable energy projects in India. …read more

Obama hints at more finance for Indian solar

The leaders of the US and India have reasserted their ongoing clean energy partnership with President Obama hinting at additional financial support during meetings in India. The two countries pledged to expand joint research efforts and financing agreements. Prime Minister Modi has pledged to direct US$100 billion of investment into solar with the goal of

India Issues Draft Guidelines For 3 GW Solar Power Auction

CLENTECHNICA – Work at the Ministry of New and Renewable Energy in India is in full swing to chalk out plans to auction several gigawatts of solar power as it hopes to add 100 GW solar power capacity by 2022. The latest measure in this regard is the issuance of draft guidelines (PDF) to auction 3