December 13, 2009 by Team EAI
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...
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December 13, 2009 by Team EAI
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...
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December 13, 2009 by Team EAI
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...
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December 10, 2009 by Team EAI
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...
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December 10, 2009 by Team EAI
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...
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December 10, 2009 by Team EAI
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
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December 10, 2009 by Team EAI
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...
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December 10, 2009 by Team EAI
The heat of global warming and the global economies have forced India to step up its pressure on the auto sector to make deep cuts in carbon footprints. Despite having introduced Euro emission norms way back in 2000, India’s transport sector contributes 15-20 per cent of the total greenhouse gas...
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December 10, 2009 by Team EAI
Suzlon Energy has secured a Rs 192-crore order from Rajasthan State Mines and Minerals Ltd (RSMML) for supplying 31.5 MW of wind turbines. According to a press release, the order comprises 15 turbines of 2.1 MW each. Suzlon already has 500 MW installed capacity for various customers in Rajasthan. The...
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December 10, 2009 by Team EAI
India is quietly raising its stake in the global green game, even as leaders haggle over global warming in Copenhagen. The government is expected to clear on Thursday a proposal to put in place a market-based mechanism to force industry and commercial establishment to improve energy use, a move that...
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