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India has huge potential in Renewable Energy Manufacturing Sector: Piyush Goyal

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By Newsgram Staff Writer

India can lead other countries of the world in renewable energy manufacturing, Minister of state for Power, Coal & New and Renewable Energy (IC) said Piyush Goyal today.

The Government is encouraging participation from other countries by allowing 100% Foreign Direct Investment in Renewable Energy said Goyal, The Minister further stated that the an estimated potential of 897 GW has been identified from various renewable energy sources in the country which includes 749 GW from solar, 103 GW from wind, 25 GW from bio-energy and 20 GW from small hydro power.

The cost of generation of electricity from geothermal energy is presently very high, hence, the promotion of geothermal energy production of power will not be possible in short and medium terms, the Minister added.

To make India a hub for renewable energy manufacturing, Ministry of New and Renewable Energy (MNRE) has been promoting private investment in renewable energy through an attractive mix of fiscal and financial incentives. This includes capital subsidy through Modified Special Incentive Package Scheme (M-SIPS) and excise and custom duty exemption. The geothermal program of the Ministry is presently in research and development stage.

 

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Coolpad Launches its Budget Smartphone in India

The phone is powered by a 2500mAh battery and runs "Spreadtrum SC9850K" chipset

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Coolpad's budget smartphone with 18:9 display in India. (IANS)

Chinese smartphone maker Coolpad on Thursday launched the “Mega 5A” phone with an aspect ratio of 18:9 in India for Rs 6,999.

The company is marketing the device as an “India exclusive” smartphone which is a feature-rich yet budget device.

“Mega 5A” runs Android 8.1 Oreo OS and has facial recognition feature.

“Coolpad is committed to offer best in class products, feature rich products that are priced right. Running 8.1 Android Oreo, a great screen and a powerful battery life, Coolpad Mega 5A will set another industry benchmark which is tough to match,” Syed Tajuddin, CEO, Coolpad India, said in a statement.

Coolpad
Coolpad is reputed for its efforts in technological contributions and also making earnest efforts in operating its IP assets. Pixabay

“We have adopted an aggressive channel expansion strategy with offline channel as our primary focus area. India is a key market for Coolpad and we will launch a range of products that will cater to wider audience base,” he added.

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The device is equipped with a 5MP front camera and 8MP + 0.3 MP dual back camera. The handset features 2GB RAM and 16GB storage which can be expanded up to 64GB.

The phone is powered by a 2500mAh battery and runs “Spreadtrum SC9850K” chipset. (IANS)

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