India

ABD approved $240.5 Million loan to support Solar Rooftop Investment Program in India

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ABD approved $240.5 Million loan to support Solar Rooftop Investment Program

Solar Rooftop Investment Program (SRIP) – The Asian Development Bank (ADB) has approved a $240.5 million loan to finance rooftop solar systems in India. This funding will support the second and third tranches of the Solar Rooftop Investment Program, focusing primarily on residential installations. This loan aims to expand renewable energy access, it will l Read more: ABD approved $240.5 Million loan to support Solar Rooftop Investment Program in India..

TPREL inked MOU with NHPC – REL for Rooftop Solar Projects on Govt. Building

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TPREL inked MOU with NHPC - REL for Rooftop Solar Projects

TPREL inked MOU with NHPC – REL: Tata Power Renewable Energy Limited (TPREL) has indeed signed an MoU with NHPC Renewable Energy Limited (NHPC-REL) for the installation of Rooftop Solar Projects (RTS) on government buildings across India. The Tata Power Renewable Energy Limited (TPREL) and NHPC Renewable Energy Limited (NHPC – REL) signed Memorandum of Read more: TPREL inked MOU with NHPC – REL for Rooftop Solar Projects on Govt. Building..

Windfall tax on petroleum crude increased to 7000 Rs.

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Windfall tax on petroleum crude increased to 7000 Rs.

The Indian government has raised the windfall tax on petroleum crude to 7,000 rupees ($83.78) per metric ton from 6,000 rupees per metric ton, effective from July 16, a notification issued on Monday showed. (While $1 = 83.5510 Indian rupees).  The tax is levied in the form of Special Additional Excise Duty (SAED).The export of diesel, petrol Read more: Windfall tax on petroleum crude increased to 7000 Rs…