Indian government’s Rs 344 bn bonanza for solar sector
The Government of India has approved the launch of KUSUM (Kisan Urja Suraksha evam Utthaan Mahabhiyan) scheme, to promote the use of solar powered agriculture pumps by farmers and installation of small renewable power plants (500 KW to 2 MW) by farmers/cooperatives/panchayats on their lands, with a funding support of Rs 344.22 billion.
"Biodiesel industry to pick up soon"
Biodiesel launched by My Eco Energy is compatible with the existing diesel engines and requires no modifications, says Santosh Verma, Co-Founder, My Eco Energy.
Farmers to pay only 10% cost of solar pumps under Budget scheme
The country’s farmers are likely to witness government’s generosity owing to the schemes announced in Budget 2018. According to Power Minister R K Singh, the Indian farmer will effectively bear only 10 per cent of cost for solarising his agricultural pump under a scheme unveiled in the Budget 2018-19.
EESL, the biggest 'Make in India' story by far
Saurabh Kumar's eyes light up the moment one starts talking to him about his favourite passion, energy efficiency. An Indian Revenue Service (IRS) officer of the 1992 batch, Kumar took charge as Managing Director at the Energy Efficiency Services Ltd (EESL) in May 2013.
Haryana to install one lakh new solar pumps
Haryana has decided to install one lakh new solar water pumps in the state for irrigation purpose, of which 25,000 would be set up by the next year. A decision in this regard was taken in a meeting of New and Renewable Energy Department, chaired by CM Manohar Lal Khattar.
The market has been buoyant over the last 2 years
The market has been buoyant in the domestic sector with close to a million pumps sold in the different category of pumps over the last two years. However, sales in the agriculture sector has been anything but hunky-dory, relative to the humongous potential this sector offers in terms of both replacement pumps and new pumps.
UNCLEAR to NUCLEAR
The Union Cabinet on May 17, 2017 gave its approval for construction of 10 nuclear units of the new indigenously developed 700 MWe (mega watt electric) pressurised heavy water reactors (PHWRs) as part of its clean energy thrust.
Indian Pumps Industry Has Grown Steadily
With the implementation of the norms introduced by BEE, significant amount of standardisation has been brought in place. This has eliminated sub-standard products having lower efficiencies. It is indeed a good step for Indian companies eyeing expansion in the global market.
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