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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.
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NTPC issues 190 MW solar-wind hybrid tender
India’s largest power generation company NTPC, that successfully auctioned 1.2 GW of capacity in its first wind energy tender recently, is now making its mark in the solar-wind hybrid.
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Residents await subsidy for solar power plants
Ranging from Rs 20,000 to Rs 0.1 million, many residents have been waiting for subsidy for more than two months. The Chandigarh Renewal Energy and Science and Technology Promotion Society (CREST) is giving a subsidy of 30 per cent in order to promote solar power in the city.
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