MNRE Enlists 11 Companies Offering Solar Insurance To Cover Risks 

The Ministry of New and Renewable Energy (MNRE) has updated its list of insurers covering risks for solar project developers. India’s Insurance Regulatory Development Authority (IRDAI), which offers solar insurance, forwarded the MNRE the approved list of 11 such players. The ministry last published the list of solar insurance firms on February 26. It has […]

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Himachal Cabinet Approves Startup Plan To Boost Solar Projects In State

The Himachal Pradesh State Cabinet meeting held recently in Shimla under the Chairmanship of Chief Minister Thakur Sukhvinder Singh Sukhu decided to start ‘Rajiv Gandhi Swarozgar Start Up Yojna, Phase (II) for setting up Solar Power Projects (SPPs) for the youth aged between 21 to 45 years besides achieving the ‘clean energy’ initiatives of the […]

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Cabinet Approves Rs 3,760cr For VGF Scheme On Battery Storage

Union Minister Anurag Thakur said that the Union Cabinet today approved a special scheme of Viability Gap Funding (VGF) for the battery energy storage system manufacturers in India. After the Cabinet meeting, he briefed the media on the issue today in New Delhi. Prime Minister Narendra Modi chaired the meeting. The announcement came days before […]

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India Paves Way For Allowing Commercial Mining Of Lithium, Other Critical Minerals

The Union Cabinet is now reported to have approved amendments to the Mines and Minerals (Development) and Regulation) Act to pave the way to allow commercial mining of Lithium and other critical minerals in the country. This comes months after India discovered reserves of Lithium in the Reasi district of Jammu and Kashmir and another […]

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Payment Security Mechanism for Power Purchase by DISCOMs Approved

RK Singh has approved the proposal to make it mandatory for discoms to open and maintain adequate LC as Payment Security Mechanism under PPAs RK Singh, Union Minister of State for Power and New & Renewable Energy (IC) has approved the proposal to make it mandatory for discoms to open and maintain adequate Letter of […]

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