MNRE’s Rs 175.87 Cr RE Research and Technology Development Programme Renewed Updated On Fri, Feb 22nd, 2019 by Saurenergy The President of India has given his approval for the continuation of the Renewable Energy Research and Technology Development (RETD) program of the Ministry of New and Renewable Energy (MNRE) for implementation during 2017-18 and 2019-20 at the cost of Rs 175.87 crore. The scheme aims at scaling up R&D effort for “Renewable Energy Research […] Read more
Tamil Nadu Sets Target for 9 GW with New Solar Policy Updated On Tue, Feb 5th, 2019 by Saurenergy Tamil Nadu will need to add 1,700 MW of solar capacity per annum for the next 4 years to attain the new target. Tamil Nadu has issued its latest state solar policy the “Vision Tamil Nadu 2023”, a revision from its 2012 policy which had a target of 3 GW of installed capacity by 2015. The […] Read more
Gujarat Frames Land Policy for Renewable Energy Projects Updated On Mon, Jan 28th, 2019 by Saurenergy A total area which can accommodate 30,000 MW of renewable energy will be sanctioned for these parks, with each park large enough to install a minimum of 1,000 MW. Gujarat has released its land policy for renewable energy projects, which seeks to set up wind parks and wind-solar hybrid parks in the state, similar to […] Read more
Goa Amends Solar Policy to Grant Solar Prosumers 50% Subsidy Updated On Mon, Jan 28th, 2019 by Saurenergy Small and large prosumers will now receive a 50 percent subsidy instead of the earlier proposed interest-free loan. To further incentivise the generation and adoption of solar power in the state, the Goa government has approved the amendments to the Goa State Solar Policy 2017. The solar policy with proposed amendments was issued last month […] Read more
Andhra Pradesh Launch New Wind Energy Policy Updated On Mon, Jan 7th, 2019 by Saurenergy The policy shall come into operation with effect from the date of issuance and shall remain applicable for a period of five years. In order to promote Wind power projects in the state of Andhra Pradesh, the state government has recently released the Andhra Pradesh Wind Power Policy – 2018. To meet the twin objectives […] Read more
World Bank Lauds India’s Renewable Energy Push Updated On Tue, Dec 11th, 2018 by Saurenergy “Many of the world’s largest energy-consuming countries significantly improved their renewable energy regulations since 2010”, the report mentioned. World Bank in its latest report Regulatory Indicators for Sustainable Energy (RISE) 2018 praised India’s efforts and its success in renewable energy actions and policy support helping drive down the cost of renewable energy in the country. […] Read more
Solar Developers to Get a One-Time GST Compensation of Rs 2000 crore Updated On Tue, Nov 20th, 2018 by Saurenergy An order by Central Electricity Regulatory Commission (CERC) in October had approved the claims of solar power developers. In a relief to the solar developers, state power distribution companies will have to pay nearly Rs 2000 crore as a one-time compensation towards the impact of Goods and Service Tax (GST) on developers according to Icra. […] Read more
India Yields 77% Electricity from Coal, 5% from RE in 2017-18: Report Updated On Sat, Sep 29th, 2018 by Saurenergy By the passage of renewable energy development, India will eventually see a harsh divestment in the fossil fuel sector. Indian Government seems to be confident of its renewable energy target of 227 GW power by the year 2022 despite of its high and inevitable consumption of fossil fuels. Market Analyst, Bridge to India mentions that […] Read more
Gov’t Cuts Component Manufacturing Requirement to Prevent High Tariff Bids in Solar Tender Updated On Mon, Sep 3rd, 2018 by Saurenergy The government has also brought down the maximum permissible tariff rate for the solar tender to Rs 2.75 per unit from an earlier cap of Rs 2.93. In a bid to attract healthy number of developers in a recent solar auction and prevent higher tariff bids from the bidders, the government has reduced the component […] Read more
