SUBSCRIBE NEWS LETTER

Tags: Ministry of New and Renewable energy

Investing Renewables Infesting Fossils

Renewable Energy Sector as a Future Investment Model With increasing technological advancements, renewable energies are having a significant impact. Renewable energy is becoming increasingly viable, a trend that could potentially be a game-changer for investors, particularly large scale, global investors. The International Energy Agency projected that renewable energy will continue to grow by 42 percent […]

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Annulled: NTPC Forced to Cancel 250 Megawatt October 2017 Solar Auction

Anand Kumar who is the Secretary in Ministry of new and renewable energy confirmed that the solar auction had been annulled. Solar auction has been annulled forcefully. NTPC has been forced to cancel the result of its 250 mw solar auction held in October last year, which was won by Azure Power quoting a tariff […]

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Cabinet Apprised of India-Italy MoU on Renewable Energy

India and Italy aim to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral cooperation on new and renewable energy issues. The Cabinet was apprised of a pact between India and Italy for cooperation in the field of renewable energy. “The Union Cabinet chaired by Prime Minister Narendra Modi has […]

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Year End Review 2017 –MNRE

Government is on its way to achieving 175 GW target for installed Renewable Energy capacity by 2022 India attains 6th position in global Solar Power installed capacity By November 2017, a total of 62 GW Renewable Power installed, of which 27 GW installed since May 2014 and 11.79 GW since January 2017 Historic Low Tariffs […]

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Government Proposes Rs 23,450 Crore Rooftop Solar Scheme

The scheme will integrate discoms as an implementing agency in the second phase of the rooftop solar scheme. The Ministry of New and Renewable Energy (MNRE) has prepared a concept note on ‘Sustainable Rooftop Implementation for Solar Transfiguration of India (SRISTI)’ to the tune of Rs 23,450 crore to state power distribution companies, or discoms, […]

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SECI Invites Expression of Interest to set up 20 GW Solar PV Manufacturing Facility

Under the EOI, SECI will gather information on the feasibility of such floating projects and prospective developers to help its forming of the call for bids for various capacities. Solar Energy Corporation of India (SECI) has invited an expression of interest (EoI) from prospective manufacturers to set up an integrated solar manufacturing facility in India. […]

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India Plans Rs 11,000 Crore Aid To Support Domestic Solar Cell Manufacturing

The Ministry of New and Renewable Energy (MNRE) has released a concept note of a proposal that aims to provide a 30 percent subsidy for setting up new solar plants and expanding the existing ones. India plans to boost solar module manufacturing by providing Rs 11,000 crore direct support along with concessions to cut reliance […]

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International Solar Alliance Developing Risk Mitigation Mechanism to be Ready in a year

The International Solar Alliance will become a treaty-based international intergovernmental organisation on December 6, 2017. A mechanism for reducing the risks associated with financing of solar power projects and make them workable under the aegis of the International Solar Alliance (ISA) is set to be rolled out in a year, the Ministry of New and […]

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MNRE’s ‘Rooftop Solar Power Plants’ Scheme to Rescue Kashmir From Power Crisis

The scheme will provide government subsidy of 70 percent to the customers generating solar energy and setting up roof top solar plants. During winters the electricity demand in Kashmir rises to up to 1900MWs against the availability of 1200MWs produced by the Power Development Department (PDD) of Kashmir. In order to compensate the additional 700MW […]

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