Who is EAI ?

Azure plans to build up a capacity of 100 MW by 2013 which will require an investment $300-400 million. Azure Power, a solar energy services provider, is close to raising $10 million from International Finance Corporation (IFC), the investment arm of the World Bank. The funds will be used by...

India is planning to invest over Rs 74,000 crore within the next five years to improve energy efficiency and cut carbon emissions from its power sector. Coal-based power generation plants account for around 60 per cent of India’s total carbon emissions. The country’s biggest power producer NTPC Ltd has already...

Natural Power, an India-focused solar energy firm, is looking at setting up a 5 MW solar farm near Jaipur at a cost of Rs 85 crore. The company will finance 70 per cent of the total project cost through a combination of private equity and debt raised from Indian and...

IFCI Venture Capital Funds (IVCF), the venture capital arm of IFCI, is planning to invest Rs 100 crore in startups over the next nine months. The firms previous investee firms include Jagdish Khattar-led Carnation Auto. The Rs 1,400 crore-group is identifying potential startups in the energy efficiency and renewable/non-conventional energy...

Soham Renewable Energy India (SREIPL), a Bangalore-based company involved in power generation in the renewable sector is close to raising Rs 90 crore from FE Clean Energy, a private equity firm investing in mid-market energy efficiency space. The company expects the process to be completed by the end of January...

Amul Dairy, Anand has been selected for certificate of merit award for the year 2009 as a part of ‘National Energy Conservation Award – 2009’ constituted by Ministry of Power, Government of India. Amul has introduced several energy conservation projects such as replacement of energy intensive old boilers with fully...

Kolkata’s Raj Bhavan became the first governor’s house in the country to go solar. President Pratibha Patil switched on the 12 solar power panels amid an august gathering at the governor’s residence on Monday evening, barely a few hours after the Copenhagen summit began. The Kolkata Raj Bhavan, incidentally, used...

Reliance Industries Ltd (RIL) is quietly working on a plan to harness solar energy. The segment is a new growth driver outlined by the management at an investor meet less than a month ago. A division under the oil-to-yarn and retail conglomerate has received global safety and quality certifications for...

Using energy more efficiently can reduce our energy needs by one fifth; it is a strategy we must pursue even as we promote renewables, says Kirit Parikh. Nice and useful article

West Bengal has started taking small but steady steps to promote the use of renewable energy. The state saw the inauguration of the country’s first commercial unit of 1.25 MW solar photovoltaic power plant along with the first bio mass project of 10 MW recently. It has also decided to...