Category | Stories |
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News for the IET | 6 |
News for other PEI | 9 |
Industry News: Information and Communications | 30 |
Industry News: Education | 21 |
Uncategorized | 20 |
News for the IET
No specific news for the IET todayedit
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No specific news for the IET today.edit
Scroll down for key industry stories for the day.
No specific news for the IET todayedit
Scroll down for key industry stories for the day.
No specific news for the IET today.edit
Scroll down for key industry stories for the day.
Budget offers relief to education sectoredit
Education is intricately linked to the growth and evolution of any society or country. Further to the announcement of the Union Budget 2017 by Finance Minister Arun Jaitley, there are several points of interest that have focused on education and skill building in the country.
Mr Shekhar Sanyal: Director and Country Head of the IETNo specific news for the IET today.edit
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News for other PEI
No specific news for other PEIs todayedit
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Wire and cable market in India to expand at 15.61 pc CAGR by ’20edit
Industry experts forecast the global electric wire and cable in India market to expand at a CAGR of 15.61 per cent during 2016-2020. Electrical wire and cable manufacturers in India are required to comply with various safety rules and regulations for the installation of power cable systems. These regulations are scripted and decided by regulatory bodies such as American National Standards Institute (ANSI), International Electrotechnical Commission (IEC), and Institute of Electrical and Electronics Engineers (IEEE).
IEEESeminar on ‘Recent Innovations in Wireless Communications, Networking’ heldedit
A two day All India seminar on ‘Recent Innovations in Wireless Communications and Networking’ was organised by Department of Computer Science and Engineering , Baba Banda Singh Bahadur Engineering College, Fatehgarh Sahib in collaboration with The Institute of Engineers(India), Punjab and Chandigarh State Centre.
The Institute of Engineers(India)No specific news for other PEIs todayedit
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Young Engineer Award for NRL Employeeedit
The award comprising of a trophy and citation was presented to Sikhamoni by Dr. S.R. NirmalaAsstt. Professor, Deptt. of Electronics and Communication Engineering, Gauhati University in presence of Chief Guest -Dr. N.C Bora, CMD GNRC Group of Hospitals and other distinguished senior engineers at a function held to mark the 13th Foundation Day of the Forum on 2002-17 at the Institution of Engineers ( India) Assam Centre, Panbazar, Guwahati.
The Institution of Engineers (India)Hydraulic systems are the backbone of equipment and machineryedit
A One Day Seminar on “Basics Of Industrial Hydraulics (for Maintenance Supervisors and Field Engineers)” was organized at The Institution of Engineers (India) Jamshedpur Local Centre on Wednesday.
The Institution of Engineers (India)The Institution of Engineersedit
The Institution of Engineers (India), in Kolkata, NBCC (India) Limited bagged the prestigious Excellence Award for Engineering Services and Consultancy under Category A. Dr. Anoop Kumar Mittal, CMD, NBCC was also felicitated.
The Institution of Engineers (India)NTU invents ultrafast camera for self-driving vehicles and dronesedit
Scientists from Nanyang Technological University, Singapore (NTU Singapore) have developed an ultrafast high-contrast camera that could help self-driving cars and drones see better in extreme road conditions and in bad weather.
IEEENo specific news for other PEIs todayedit
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Industry News: Information and Communications
Internet Of (Unsafe) Thingsedit
By Tushar Mehta
Internet of Things is under threat from its ancestor – the world wide web (www or web as we know it). The market of IoT devices is flourishing on the banks along a river with riptides. These devices, however smart enough to capture useful data, leave a trail of vulnerability behind. This is because of an inadequate emphasis on the security of devices connected to IoT.
Cyber SecurityIoTIndustry needs to focus on technology challengesedit
The increasing usage of artificial intelligence, big data analysis, IoT, knowledge automation, etc. is throwing up important challenges to the management to analyze their knowledge maturity strength.
IoTBeyond the Hype, Big Story Awaits IoT Cosedit
Internet of Things (IoT) is unequivocally led by hype and will continue to be, as every industry looks to leverage IoT to improve efficiency and productivity, discover new business models and explore innovative revenue streams. Companies big and small are in the fray. At last count, there were over 3,000 IoT startups globally.
IoTAI will overtake human IQ in 30 years: SoftBank CEO Masayoshi Sonedit
SoftBank Founder and Chief Executive Officer (CEO) Masayoshi Son on Monday outlined his vision for artificial intelligence (AI) and said computers running AI programs will exceed human intelligence within three decades.
Artificial IntelligenceIoTBeyond the hype, big story awaits IoT companiesedit
Internet of Things (IoT) is unequivocally led by hype and will continue to be, as every industry looks to leverage IoT to improve efficiency and productivity, discover new business models and explore innovative revenue streams.
IoTArtificiaI Intelligence Is The Key To Unlocking Big Dataedit
Artificial Intelligence (AI) is advancing and penetrating swiftly into many areas, from smart personal assistants to self-driving cars. Though traditionally AI is portrayed as robots with human-like attributes, it can basically incorporate anything from autonomous weapons to Google’s search algorithms to IBM’s Watson.
Artificial IntelligenceIoTIoT and Big Data Can Be A Match Made In Heavenedit
There’s a closer relationship between big data and the Internet of Things [IoT] than most people realize and even though there’s a lot of hype surrounding the two technologies, these can have an additional advantage for enterprises beyond just data generation.
IoTIndia should focus on IoT, says C-DAC chiefedit
By R. Ravikanth Reddy
Rajat Moona, Director General, Centre for Development of Advanced Computing (C-DAC), Pune, said India made tremendous growth in information technology and the focus should now be to accelerate into the advanced electronics field of Internet of Things (IoT).
IoTInternet of Things: a promising future for sensorsedit
IOT and wearables is a huge market enabler for sensors, more particularly the advanced MEMS sensors. The sensors such as Inertial, pressure, temperature, (bio-)chemical and gas sensors, microphones, fingerprint and iris recognition will see huge growth as IOT gets implemented.
IoTIIT Kharagpur Scientists Develop Security Technology for IoTsedit
Times of India By Somdatta Basu
IoT today is significantly used in healthcare, logistics, transportation, fin-tech, telecom, smart cars etc. Through IoT, doctors can remotely monitor the pacemaker is a patient’s heart and modify its pace. So can a route be redefined for a truck already on road carrying cold storage to reduce power consumption or that of smart cars being guided of road traffic? In nutshell your world is at the control of your fingertips.
Cyber SecurityIoTIsrael to provide technological support to Andhra Pradeshedit
Israel would provide technological support to Andhra Pradesh in areas relating to homeland security, cyber security, Internet of Things (IOT), agriculture, education, water, health and others, said Daniel Carmon Ambassador of Israel to India in a meeting with AP Chief Minister N Chandrababu Naidu on Thursday.
IoTPublic cloud services market to grow 18 pc globally in 2017: Gartneredit
Public cloud services across the world is projected to grow 18 pc in 2017 and cloud adoption strategies will influence over 50 pc of ITO deals through 2020, according to Gartner study
IoTIndia in 2050: Future of Workedit
Having the best of the two worldsedit
The modern retail companies have acknowledged this mind shift and are leveraging the best of both worlds, online and physical stores, creating an incredibly unique journey for consumers.
IoTBotnets explained: Those smart devices at home could turn hackers’ friendsedit
By Anirban Goshal
The ministry of electronics and information technology (Meity) has launched the largest botware and malware analysis monitoring system in the world in a bid to strengthen the cybersecurity of the country. The country has very recently seen attacks from a hacker group Legion as well as infections in different banks via ATMs. Hence, the malware and bot analysis monitoring system was a necessity.
Cyber SecurityIoTAffordable Healthcare Conclave – a call for startups to solve India’s really hard problems. Are you ready?edit
By Madanmohan Rao
India has a wide range of seemingly insurmountable obstacles in providing affordable healthcare to its vast population, but some solutions and successes have emerged. Scaling them up and coming up with more indigenous innovations, along with robust technology, are some ways ahead.
HealthcareIoT
Cloud, automation, sustainability and tools are trends driving ITedit
In a chat with ET Now, Anand Deshpande, MD & CEO, Persistent SystemsBSE -1.01 %, Kavi Arya, Pl, e-Yantra Project, IIT Bombay and Pari Natarajan, Co-founder &CEO, Zinnov, discuss the big picture in the IT Sector and how echnology trends are creating a disruption in the business model and the talent also have to keep up with it.
IoTIT5 Emerging Enterprise Tech Trends For 2017edit
The growth of the Internet of Things will obviously continue to accelerate but as issues of security and efficient rendering of high quality information begin to outweigh mere deployment, we will see a push for greater intelligence at the edge nodes of the IoT. That intelligence will take multiple forms – from algorithms and software at the edge that reduce the amount of data transmission to and analysis in the cloud, to security at the “front line” that reduces the attack surface of the IoT.
IoTInternet of Things: The Next Big Thing for Airlinesedit
How mind-blowing the Internet of Things (IoT) can be. Its potential business value in the air transport industry isn’t even fully comprehensible in these nascent days of the IoT phenomenon. But one thing’s for sure, the air transport industry needs to be at the forefront of this revolution in connectivity.
AirlinesIoTNasscom, ITAC-Japan collaborate to boost Indian Internet of Things ecosystemedit
Akamai releases fourth quarter 2016 State of the Internet / Security Reportedit
Akamai Technologies, the global leader in content delivery network (CDN) services, today released its Fourth Quarter, 2016 State of the Internet / Security Report. The report, using data gathered from the Akamai Intelligent Platform, provides analysis of the current cloud security and threat landscape, as well as insight into seasonal trends.
Cyber SecurityIoTIndia’s IT industry is on the right side of history: Microsoft CEO Satya Nadellaedit
By Sandeep Khanna & Nandita Mathur
Microsoft Corp. chief executive Satya Nadella is a man on the move. Traversing three Indian cities in three days, meeting a gamut of people from ministers to chief executive officers (CEOs) to journalists, Nadella is gung-ho about India, Indian IT firms and the future of Microsoft in India. At the core of his meetings has been the company’s cloud computing platform, Nadella’s focus area and one in which the company posted 93% growth in the last quarter. The company is also set to add State Bank of India to its customer list for its growing enterprise cloud services in the country.
ITTechnology’s benefits for crop insuranceedit
In its budget 2017-18, the government has taken up several measures to revive the country’s agriculture economy. The emphasis on agricultural insurance through higher allocation for the Pradhan Mantri Fasal Bima Yojana (PMFBY), and other major allocations for the sector, are expected to boost credit flow to farmers apart from expanding crop insurance and irrigation coverage. The Internet of Things (IoT) here finds increased relevance. The IoT promises increased yields, reduced costs and other efficiencies, with the deployment of sensors, connectivity and analytics.
AgricultureIoTHow digitization will help IoT reach next leveledit
Digitization is dramatically changing the world. It is impacting all of our lives, and no individual, company or country can escape its impact. India is set for a “Digitization Revolution” and the overall digitization of the country is up for a complete overhaul. This transformation has emerged as the most transformative means to ignite sustainable growth and improve society. Those countries and companies that embrace the digital transformation will uncover limitless possibilities to drive innovation, growth and jobs of the future.
IoTThe Biggest Data Mining Challenges Facing IoTedit
India ranks No.2 on list of Web Application Attacks Source Countriesedit
The impact of cybersecurity attacks on businesses is significant and unleashes the potential to cause theft or destruction of business critical data, loss of revenue and irreparable damage to reputation. It would be of interest to note that Akamai’s State of the Internet — Security report for Q4 2016, revealed that India is 2nd in the list of countries in Asia Pacific that sourced the most web application attack traffic with nearly 86,38,666 attacks attributed as originating from the country, after China. While this is a significant number, India also ranks 4th in the list of target countries for Web Application Attacks, globally.
Cyber SecurityIoTEvolution of IoT playing a crucial role in the healthcare sectoredit
Healthcare is one of the world’s biggest economic challenges. The growing population is placing further strain on healthcare systems. In 2010, there were 207 million people over 75 years of age worldwide. This figure will rise to 265 million by 2020. With a growing aging population and the prevalence of chronic diseases across the world, there is an urgent need to find new ways to improve patient outcomes, increase access to care, and reduce the cost so that all segment of the society can afford a medical care.
HealthcareIoTCase Analysis: Digital Trendsedit
The real question in today’s digital age is “How do we make ourselves less vulnerable?” A few pointers listed here could help you
Cyber SecurityIoTArtificial Intelligence in the Next-Gen Automobileedit
By Adeesh Sharma
Most global automobile companies are working on driver-less cars that are based on continuous advances in computer vision and deep learning technologies. The Japanese automobile giant Honda showcased a tiny optical sensor that can fit in the rear view mirror of a car and measure throat movement of the passengers in the car. This helps to improve the clarity of conversations amongst passengers in noisy environments.
AutomobileIoTIndian IoT market value to touch $9bn by 2020edit
A rapidly growing hub for IoT solutions, the country’s IoT market size in this area is expected to increase about seven times — from $1.3 billion last year to $9 billion by 2020, said consultancy firm Deloitte in its TMT Predictions 2017. By 2020, we believe industries such as utilities, manufacturing, automotive, transportation and logistics are expected to see highest adoption levels of IoT in India. The government’s planned investment of about $1 billion for 100 smart cities, over the next five years, is expected to be a key enabler for IoT adoption across these industries. In addition, industries such as healthcare, retail, and agriculture are also expected to make significant progress in IoT adoption, it said.
IoTIndustry News: Education
Get serious, fast, about self-skilling, says Nasscomedit
By Ayan Pramanik
The IT industry body Nasscom said both freshers and employees of software services industry should look at self-learning to stay relevant at a time when more businesses are focusing on digitisation.
Skill DevelopmentEngineers have an edge over science grads in landing first jobsedit
Graduates in engineering have better than average prospects of finding a job after finishing their degree, according to Ajay Prabhu, COO, QUEST Global, a leading engineering services firm.
EngineeringGross Enrolment Ratio For Higher Education Increases To 24.5% Says MHRDedit
In a press release, the Ministry of Human Resource Development (MHRD) informed that the Gross Enrolment Ratio (GER) for Higher Education in India increased to 24.5 percent during 2015-16. This is a positive step toward increasing the rate of literacy in the country. Only a decade ago, that is during the period 2004-5, the GER for higher education in India was only 10 percent. The ministry said that the quantum jump in GER over the last decade was an indication of improvement in registration of students in higher educational institutes.
Higher EducationReversing the brain drain: India as an emerging education hubedit
Until recently, India had been only recognised as a major source market for international universities, but the past few years have also seen an impressive growth rate of foreign students coming into the country. From a mere 6,988 in 2000, India has gathered momentum to include 33,156 students by 2014, a majority of them from the bowels of Asia.
Higher EducationEngineering colleges to have online complaints redressal mechanismedit
The All India Council for Technical Education (AICTE), which regulates technical education in the country, has asked all the institutions, affiliated to it, “to urgently put in place an online mechanism, if not presently existing, for registering and disposing of grievances”.
EngineeringWe plan to grade schools, train teachers better: Education Secyedit
Sweeping changes are needed to bring professionalism among teachers — and an entrance test to filter out the best teachers will be an answer to many of the ails plaguing the education sector. In an interview with Moneycontrol’s Tarun Sharma, Anil Swarup, Secretary, Department of School Education & Literacy in Human Resource Development, said that schools will also be graded soon based on education and infrastructure.
EducationBack To Basics: Education & Languageedit
Today, with the advent of technology, there is good access to an extensive range of professions. The new generation appears to be brighter than the previous generations, which has witnessed the years of telegrams. However, the ongoing fallacies in the education system in the formative years may result in building weak mindsets. By the time parents begin to analyse the problem, the damage may have already been done.
EducationMake students employable by bridging educational gapedit
The actual requirement of jobs in India every year is manifolds of what is talked about the universities and industries should work in close collaboration for leveraging the potential of graduates in the country,” D S Rawat, Secretary General of the Associated Chambers of Commerce and Industry of India (ASSOCHAM) said
Skill DevelopmentAICTE ‘seriously concerned’ about ‘below par’ quality of graduatesedit
The All India Council for Technical Education (AICTE) is concerned with the below par quality of graduates, but hopes the SWAYAM programme for online courses will help address the problem, an official said here on Thursday.
EngineeringNeed for improving quality of education: Prakash Javadekaredit
Union HRD Minister Prakash Javadekar on Thursday emphasised on the need for improving and providing quality education to students across the country on a priority basis.
EducationQuality education pupils’ right: Govt to revamp the schooledit
In an effort to realise the goal of ‘quality education pupils’ right’, the Left Government will be revamping the school education system. As part of the ‘public education rejuvenation campaign’, the government is for revising the curriculum and providing high quality training to teachers, Governor P Sathasivam said in his policy address to the Assembly on Thursday.
EducationThe silent crisis: Why Indian IT engineers are staring at a future of no jobsedit
Indian IT (information technology) industry might like to put all the blame on Donald Trump for its woes – single-digit growth, retrenchment and reduced hiring from campuses. But the ‘Trump effect’ masks the crisis that is silently brewing.
EngineeringEducation gives real strength:Mathematician tells C’garh youthedit
Eminent mathematician Anand Kumar has exhorted the youth in Maoist areas to shun the gun and embrace pen to script a new tale of peace and prosperity through real empowerment which, he believes, only education can ensure. Kumar was addressing students at the Education City in Jawanga village of Chhattisgarh’s insurgency-hit Dantewada district at a programme yesterday. State Chief Minister Raman Singh and Rajya Sabha MP Dr Subhash Chandra were also present on the occasion.
EducationIndia’s Model of Government-Financed Skill Development Is Ineffectiveedit
The 2017 Budget reinforced the idea that the government seems to believe that India’s skill development challenge can essentially be met by government efforts. Less than 5% of India’s workforce of 500 million has received any form of formal vocational training. Moreover, half of our workforce in 2010 was either illiterate or had primary/less than primary education. Hence, apart from education for all, skill development has also become a huge challenge.
Skill DevelopmentFunding higher education will benefit societyedit
Speakers at an international workshop held here have discussed at length on as to who has to finance the higher education. The AP government’s Higher Education department and Sri Padmavati Mahila Visvavidyalayam (SPMVV) in partnership with the British Council organised a one-day workshop on ‘Innovations in financing higher education’ here on Monday.
Higher EducationOver 40 per cent engineers trained by APSSDC landed jobs since 2015edit
The Andhra Pradesh State Skill Development Corporation (APSSDC) is offering training to engineering students in various courses, to improve their skills. In an interview with Express, APSSDC Director T Lakshmi shed light on the training modules and the objectives behind the initiative.
Skill DevelopmentProviding job skills is the focus of the Modi government: Rajiv Pratap Rudyedit
“Engineering colleges are closing down because the children coming out of these colleges cannot be employed because they do not know about technical part (do not possess job skills) of it. The industry wants those with skills,” said Rudy
Skill DevelopmentCareer choice: here’s why you should opt for automobile engineeringedit
India has great scope in automobile engineering. By 2020, India’s share in the global passenger vehicle market is likely to touch 8% from 2.40% in 2015. That’s why there’s increasing scope for qualified automotive engineers and designers in India. The automobile engineering qualifies you to work in a branch of engineering which deals with the study of how to design, manufacture and operate all kinds of moving vehicles such as buses, trucks, cars, two-wheelers, three wheelers, earth-movers and tractors and also their respective engineering subsystems.
EngineeringEducation is not just about mathedit
The success of Sarva Siksha Abhiyan in enrolling almost 98 per cent of all children of school going age has shifted the focus of education to the question of quality. The need for emphasis on quality has been recognised by both educationists and the government. Last year’s Draft National Education Policy has a strong emphasis on pedagogy, learning outcomes and teacher training.
Higher EducationEducation key for Indian economyedit
Mei Kwei, Director of British Council (South India), has appealed to India to accord priority to increasing educational opportunities with qualitative changes, as it is expected to become the second largest world economy by year 2050.
Higher EducationEducation tech to now get personalisededit
By M Somasekhar
A new initiative that promises to harness education technology to improve personalised learning and instruction, especially in engineering subjects has been launched by the University of Southern California (USC). The focus of the project in which two prominent Indian origin technical professionals feature will be to bring education and engineering together.
Higher EducationUncategorized
Government to bring new hydro policy next fiscal: Power Secretaryedit
The government will bring out a new policy for the hydro power sector next fiscal to boost this clean source of energy, a senior official said. “We are working on a New Hydro Policy for quite some time. We will do (bring) it next fiscal,” Power Secretary P K Pujari told reporters at a TERI event.
Renewable EnergyWind power sector likely to move entirely towards auction-based allocation: Bridge to Indiaedit
By Debapriya Mondal
Following the record-breaking success of the recent 1,000 Megwatt wind power auction, the sector is likely to shift entirely towards auction-based allocation route but this transition may lead to short-term hiatus on the market, renewable energy research firm Bridge to India said in a report.
Renewable EnergySeeing the lightedit
India and the U.S. have been filing a number of disputes against each other, challenging the other’s domestic content requirement in the renewable energy sector. The last was in September 2016 when India requested consultations with the U.S. under the dispute settlement system regarding alleged domestic content requirements and subsidies provided by eight U.S. states.
Solar EnergyMore wind power projects to go under the hammer next financial yearedit
“Transparency which is the hallmark of the Modi government, has brought down the tariff of wind power. There will be more and more such projects on the block,” Power, Coal, Mines and New & Renewable Energy Minister Piyush Goyal said.
Renewable EnergyAs solar shines, time to balance generationedit
Last week, the winning bid for a solar project in Rewa, Madhya Pradesh, offered a levelized tariff of about Rs3.3 per unit (with first year tariff at Rs2.97). That’s 24% cheaper than the Rs4.34 per unit offered by the winner of the Bhadla solar park project in Rajasthan in January 2016.
Solar EnergyIndia wind power tariff follows solar route, falls to record lowedit
By Mayank Aggarwal and Utpal Bhaskar
Wind power tariffs fell to a record low in a 1 gigawatt (GW) tender by state-run Solar Energy Corporation of India (SECI), potentially placing India at the tipping point on the renewable energy front. Solar power tariffs had hit new lows at an auction earlier this month.
Renewable EnergyWind power tariff likely to fall below Rs 4.5/unitedit
The tariff based competitive bidding is being conducted today by the state-run Solar Energy Corporation of India for wind power capacities totalling 1000 MW for supply of power to non-windy states.
Renewable EnergyIndia to announce policy for competitive domestic solar equipment manufacturingedit
By Utpal Bhaskar
The Narendra Modi govt plans to come out with a policy to promote manufacturing of the entire range of solar power generation equipment in the country
Solar EnergyEnergy efficiency need of hour, says Niti Aayogedit
Buoyed by falling solar tariffs, Niti Aayog today said India needs energy efficiency by maximising supply of renewable energy sources to help realise the goal of sustainable development for affordable and clean power access.
Renewable EnergyNarendra Modi government clears proposal to double solar power capacity to 40,000 MWedit
Renewable energy mission needs a robust grid networkedit
A successful power transmission network for India will require a robust and flexible grid infrastructure within India and with neighbouring countries
Renewable EnergyNew solar model to carry on harvestingedit
The final year automobile engineering students of Rajiv Gandhi Government Polytechnic here, have developed a low cost-lightweight, environment-friendly manually operated solar paddy harvester (MOSPH) suitable for small farmers.
Solar EnergyWind power reverse auction today, may witness aggressive biddingedit
By Shailaja Sharma
India’s first reverse auction for wind power by state-run Solar Energy Corp. of India (SECI) on Thursday is likely to see aggressive bidding from wind power firms for the 1 gigawatt (GW) tender, according to companies and consultants.
Renewable EnergyNon-renewable power capacity addition growth slows down to 0.7 per centedit
According to data from the Union power ministry data, Gujarat’s installed power generation capacity from non-renewable energy sources stood at 20,765.82 MW in 2015-16 as against 20,611.30 MW in 2014-15, an annual addition of 154.52 MW.
PowerRenewable EnergyWind energy picks up pace; five mandals identifiededit
With solar power’s growing popularity both at the national and state-levels, the Ministry of New and Renewable Energy (MNRE) has taken steps to promote the generation of wind energy through its nodal agency NREDCAP.
Renewable EnergyKarnataka has more solar power than it can useedit
Barely 2% of the ambitious five-year target for roof-top solar power generation has been achieved; prompting the State government to tweak the rules to encourage more participation.
Solar EnergyGujarat’s solar panels over canals project is a great idea for sustainable energy productionedit
Renewable sources of energy have always been undermined by lobbying groups and other forces but the climate change is a constant reminder for mankind to move towards cleaner sources of energy. And now, solar energy has reached a critical limit where the cost of production has gone down and the platform has been created to more adoption which will only lead to a cleaner future.
Solar EnergySolar tariff crashes below grid power costedit
Solar power tariff is likely to come down closer to the cost of conventional power sources due to technological advancement and increase efficiency. Recently, Rewa Ultra Mega Solar Ltd (RUMSL) has bid a record low tariff of Rs 3.3/kwh — levelised over power purchase agreement PPA period of 25 years — for a 750 MW plant through a reverse-auction.
Solar EnergyNo such thing as a perfect renewable energy contractedit
Mint India’s 175 GW renewable energy (RE) targets by 2022 are ambitious, to say the least. Compared to RE targets in Europe, China, or California that require 4-5% growth in RE capacity annually, Indian targets require 25% growth. This translates to enormous capital investment (well over $100 billion), including from global investors
Renewable EnergySolar could be cheapest source of energy: Here is how Modi could unleash exponential growth & make clean energy affordableedit
Record low Indian solar tariffs tendered at a groundbreaking auction may catalyze green investments and help tip the balance of new power to renewables and away from fossil fuels. Solar power in India fell to a record 3.30 rupees (5 U.S. cents) a kilowatt-hour on Feb. 10 after a World Bank-backed auction helped the central Madhya Pradesh state tender 750 megawatts of power. The auction format, which included payment guarantees and was run by the state and central governments, could become a template fueling growth in other regions and bringing energy security to the world’s second-most-populous country.
Solar Energy