KUSUM

Finance minister Arun Jaitley had announced the Kisan Urja Suraksha evam Utthan Mahabhiyan (KUSUM) scheme in 2018-19 budget. It is solar power scheme which allows setting up grid-connected solar plants in rural areas apart from off-grid solar pumps. The scheme ..

Surat becomes India’s first district to have 100% solar powered health centres

The Surat district of Gujarat has become the India’s first district to have 100% solar powered Primary Health Centers (PHCs) to combat the issue of global warming. There are a total of 52 PHCs in the district and all of ..

ISA, India sign Host Country Agreement

The International Solar Alliance (ISA) and Ministry of External Affairs (MEA) signed Host Country Agreement in New Delhi. The agreement gives ISA juridical personality an power to contract, acquire and dispose off movable and immovable properties and also to institute ..

Month: Current Affairs - March, 2018

Surat: First district to have 100% solar powered health centres

Surat district in Gujarat become first in country to have 100% solar powered Primary Health Centers (PHCs). All 52 PHCs in the district are now powered by solar system. With this, Surat sets an example for country by developing villages ..

Month: Current Affairs - March, 2018

India ranked 78th on World Economic Forum’s Energy Transition Index 2018

India has been ranked 78th among 114 on the World Economic Forum (WEF)’s Energy Transition Index (ETI) 2018. The report titled “Fostering Effective Energy Transition”, ranks countries on how well they are able to balance energy security and access with ..

India extends 1.4 billion dollar amount of line of credit to support 27 solar power projects in 15 countries

Prime Minister Narendra Modi has announced one of the world’s largest investment plans in solar energy at the Founding Conference of the International Solar Alliance (ISA-2018) on March 11. In it, India will provide $1.4 billion line of credit to ..

Indian, French companies ink pacts worth 13 billion euros

Indian and French companies have exchanged 19 contracts and agreements worth over 13 billion euros in sectors including new and renewable energy, smart grid, nuclear energy, aviation, cement, telecom among others. The agreements were formalised at Indo-French Economic Partnership (IFEP) ..

Month: Current Affairs - March, 2018

IREDA & European Investment Bank ink Loan Agreement for Renewable Energy Financing in India

Indian Renewable Energy Development Agency (IREDA) and European Investment Bank (EIB) have signed loan agreement for second line of credit (LoC) of Euro 150 million on non-sovereign basis for renewable energy financing in India. The LoC has tenure of 15 ..

Month: Current Affairs - March, 2018

Diu becomes first Union Territory to run 100% on solar power

Diu has become the first and only Union Territory in the country to be fully run on solar energy. The UT generates total of 13 megawatts (MW) of electricity from solar power generating facilities daily. Of this, 3 MW is ..

Month: Current Affairs - March, 2018

Microsoft inks its first-ever renewable energy deal in India for powering its new facility in Bengaluru

Tech giant Microsoft has inked its first renewable energy deal in India for powering its new facility in Bengaluru. The facility, which will be operational from June 2018, is spread over 5.85 lakh square feet. The agreement will see Microsoft ..