₹110 Billion Has Been Invested for Bihar’s Electrification in Recent Years: RK Singh

₹110 Billion Has Been Invested for Bihar’s Electrification in Recent Years: RK Singh

The Union Minister of Power and New & Renewable Energy, R.K. Singh, announced that the Ministry of Power (MoP) had invested ₹110 billion (~$ 1.5 billion) for electrification in Bihar ...
/ / Finance and M&A, Other
EXIM Bank Floats Tender Seeking Consultants for Rural Solar Projects in Suriname

EXIM Bank Floats Tender Seeking Consultants for Rural Solar Projects in Suriname

The Export-Import Bank of India (EXIM) has floated a tender seeking Indian consultancy firms to assist in the electrification of 50 villages in the Republic of Suriname in South America ...
Hitachi ABB Power Grids Wins ₹1.2 Billion Deal to Supply Transformers to Indian Railways

Hitachi ABB Power Grids Wins ₹1.2 Billion Deal to Supply Transformers to Indian Railways

Hitachi ABB Power Grids India announced that it won a ₹1.2 billion (~$16.05 million) order to help the Indian government's goal of 100% railway electrification and to reduce its carbon ...
ADB Grants ₹346 Million Loan towards Rural Electrification in Maharashtra

ADB Grants ₹346 Million Loan towards Rural Electrification in Maharashtra

The Asian Development Bank (ADB) announced that it had approved a $346 million (~₹26.92 billion) loan to India to help provide efficient and reliable power to rural agriculture customers in ...
AfDB and Nigeria Launch National Electrification Project to Boost Energy Access

AfDB and Nigeria Launch National Electrification Project to Boost Energy Access

The African Development Bank (AfDB) and the Government of Nigeria announced the launch of their National Electrification Project (NEP), which aims to help improve access to energy by promoting private ...
/ / Grid, Other
Nearly ₹29 Billion Allotted for Off-Grid Renewable Generation in Last 3 Years

Nearly ₹29 Billion Allotted for Off-Grid Renewable Generation in Last 3 Years

A corpus of ₹29.37 billion (~$0.43 billion) has been provided for off-grid renewable energy generation sources in the past three consecutive budgets, beginning with the financial year (FY) 2016-17 and ...
World Bank Approves $180 Million Fund to Support Kenya’s Energy Sector

World Bank Approves $180 Million Fund to Support Kenya’s Energy Sector

The World Bank has approved $180 million in assistance to Kenya to strengthen the financial health of the Kenya Electricity Generation Company Limited (KenGen) and improve private sector financing in ...
/ / Grid, Utilities
Government Says 100% of Villages Now Have Access to Electricity

Government Says 100% of Villages Now Have Access to Electricity

With the electrification of Leisang village in the Senapati district of Manipur, India has now achieved total electrification of its 597,464 inhabited villages. Though the success of DDUGJY sounds like ...
SAUBHAGYA Household Electrification Program Launched in Madhya Pradesh

SAUBHAGYA Household Electrification Program Launched in Madhya Pradesh

Madhya Pradesh recently became the third state after Manipur and Jammu and Kashmir to join the Pradhan Mantri Sahaj Bijli Har Ghar Yojana (SAUBHAGYA) program. Through the SAUBHAGYA rural electrification ...
/ / Markets & Policy, Solar
DISCOM Load Shedding

India to Crack Down on DISCOM Load Shedding

In an effort to ensure reliable electricity services for all Indians, Power Minister Raj Kumar Singh announced a plan to penalize distribution companies (DISCOMs) if they indulge in “gratuitous load-shedding.” ...
/ / Grid, Utilities
Green Initiatives and Railway Electrification

Indian Railways to Shift the Energy Mix Toward Renewable Sources

The International Conference on Green Initiatives and Railway Electrification has opened to a discourse on green initiatives, electrification, and decarbonization of the Indian Railways using renewable energy as a critical ...
/ / Markets & Policy, Solar
Pradhan Mantri Sahaj Bijli Har Ghar Yojana

Solar Power Packs to Electrify Remote Areas Under a New Government Program

The Prime Minister, Shri Narendra Modi, has launched a new program called Pradhan Mantri Sahaj Bijli Har Ghar Yojana (SAUBHAGYA) to electrify all willing households in the country in rural ...
/ / Off-grid, Solar