Solar Policy

MNRE invites Comments / Views on Implications of GST on delivered cost of Renewable Energy by 15th March.

Ministry of New and Renewable Energy (MNRE) has invited comments and views of the implications of Goods and Service Tax (GST) on delivered cost of Renewable Energy by 15th March, 2016. To understand implication of GST on the delivered cost of renewable energy MNRE commissioned a study in July 2015 which then stated that implementation […]

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SECI invites engagement of Advisor/Consultant for developing business prospects under Solar Pumping Programme

Solar Energy Corporation of India Ltd. has invited applications from eligible Indian National for engagement as Consultant/Advisor for developing business prospects under its Solar Pumping Scheme. The contract period is initially for a period of 06 months and can be terminated by giving a prior notice of minimum 2 (two) weeks and may be extended […]

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BRICS Bank Open its First Loan Likely for Indian Solar Sector

The New Development Bank established by BRICS countries is to open up its first loan which is up to USD 2 billion this year by aggregating multilateral lender’s first loan to India which could be for a green solar energy project, president K V Kamath said. Kamath, said the bank is also looking for water […]

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Bihar Sign MoU under “UDAY” Scheme, becomes the Sixth State

Bihar to become the sixth state to benefit from the UDAY scheme, as the Government of India, the State of Bihar and the DISCOMs of Bihar (North Bihar Power Distribution Company Limited, and South Bihar Power Distribution Company Limited) signed Memorandum of Understanding (MOU) for operational and financial turnaround of the DISCOMs. Bihar is the […]

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MNRE benchmarks Cost for Solar equipment to induce efficient energy

The Ministry of New and Renewable Energy has proposed an upward revision of the benchmark cost of the Concentrating Solar Thermal (CST) Technologies Programme to spur efficient energy in the country. According to the changes, the benchmark cost will be related to performance efficiency in design and manufacturing of solar thermal power systems so that […]

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CPWD to Generate 42.50MW of Green Energy in the Capital

After the COP 21 Paris meet, Modi government has planned to keep the focus on utilization of renewable energy from 2016. As a part of the promotional program of Green Energy, the Central Public Works Department (CPWD) said that, ‘It plans to produce 42.50MW of solar power across the country besides replacing energy inefficient electrical […]

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Indian Govt to Dispatch an Incentives Scheme for Solar Power Plants

The Indian Govt. is working on incentives scheme for solar power projects, generating capacity of 3,000MW or above. The authority has reported that incentives scheme is like to assign in the forthcoming Fiscal Year 2016-2017. ‘An interministerial committee led by the Department of Industrial Policy and Promotion (DIPP) Secy will secure the report very soon, […]

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MNRE Endorsed a Scheme to Erect 50MW Solar Plants for People Eye

Ministry of New and Renewable Energy (MNRE), Govt. of India has licensed a scheme to establish 50MW solar power capacity plants in the public areas. A released report of MNRE states that, ‘The tasks will be set up in high visibility areas, such as major cities, where land cost is high, but people can visit […]

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U.P Solar Auction Goes to Adani Power and Azure Power

Adani Power and Azure Power have won the most recent auction for solar energy ventures with offers of Rs 4.78 per unit, which is higher than the previous month record (Rs 4.34 per unit). Prayatna Developers, a division of Adani Power and Azure Power have been assigned 50MW at the same cost. In the past […]

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