Green future: Latest Solar power auction at Bhadla Solar Park 3 sets new record with electricity tariff of Rs 2.44/unit

The record low tariffs achieved in the auction for Bhadla Phase-IV Solar Park, Rajasthan has been broken, with even lower tariff of Rs. 2.44 per unit discovered in the auction carried out by Solar Energy Corporation of India Limited (SECI) for 500 MW capacity in Bhadla Phase-III Solar Park, Rajasthan.

Bringing UJALA to the Neighbourhood: Govt. to supply 2 crores LED bulbs to Nepal, helping the nation save ₹2,300 crores

Indian Government-run Energy Efficiency Services Ltd. (EESL) will supply 2-crore LED bulbs to Nepal to help the mountain nation save energy. Through 2-crore LED bulbs, Nepal will save nearly 450 MW of peak demand thereby a saving of ₹2,300 crore for the Nepalese Government.

India seen to become third-biggest solar market in 2017

India will become the third biggest solar market globally in 2017, says India Solar Handbook 2017 by Bridge to India, a consulting and knowledge service provider in the clean technology market. India's solar capacity is expected to touch the 18.7 GW mark by the end of 2017, about 5 per cent of the global pie, growing 89 per cent over the last year.

NTPC floats Rs 2,000-crore masala bond issue on LSE

India's biggest power generation utility, NTPC, has floated Rs 2,000-crore masala bond issue on London Stock Exchange. Masala bonds are
rupee-denominated papers issued by Indian corporates in overseas markets to raise funds.

Ease of getting power: India’s rank up by 73

India moved up to the 26th spot in global electricity accessibility ranking, moving up from 99th in 2014. The focused reforms unleashed by the Government in the last three years have halved the rate at which power prices rose every year, and improved India's position in the global 'ease of getting electricity' ranking.

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