PM Emphasizes on Financial Sustainability of Power Sector, Make in India

Prime Minister Narendra Modi emphasized the need for improving the financial sustainability of the power sector in order to solve the issues prevailing in the sector especially the power distribution sector. He said during a detailed review meeting held on Thursday evening on the power sector with the Ministry of Power (MoP) and the Ministry […]

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MNRE Invites Proposals to Develop Institutional Framework for ‘One Sun One World One Grid’ Implementation

The Ministry of New and Renewable Energy (MNRE) has invited proposals from eligible consulting firms for developing a long-term vision, implementation plan, road map and institutional framework for implementing ‘One Sun One World One Grid’ (OSOWOG). This is in line with the Prime Minister Narendra Modi’s call for connecting solar energy supply across borders by […]

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Govt Exploring New Lending Institutions to Support Small Enterprises: Gadkari

The government is exploring new financial lending institutions to support small-scale units to provide financial support, said Nitin Gadkari, the Union Minister for Micro, Small and Medium Enterprises (MSME) and Road Transport and Highways (MORTH). The Minister assured the industry stakeholders that the government is working towards strengthening the NBFCs which will help small businesses […]

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MNRE Urges SERCs to Allow Online Petition Listing, Start Hearing via Video Conferencing

In order to provide support to the renewable sector in regularizing the matters at SERCs and to safeguard the ongoing investment in the country, the Ministry of New and Renewable Energy (MNRE) has requested all the State Electricity Regulatory Commissions (SERCs) to consider allowing filing and listing of petitions online and hear urgent matters through […]

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PM Stresses on Attracting Private Investments for Power Sector

Prime Minister Narendra Modi on Friday emphasized the need for enforcement of contracts effectively in order to attract private investments for the ailing power sector. He said during a detailed meeting held on the power sector with his team of Ministers. Prime Minister also took stock of the impact of the coronavirus. Narendra Modi also […]

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CERC Extends Validity of RECs till October 31, 2020

Power sector regulator CERC has ordered the extension of validity of Renewable Energy Certificates (RECs) till October 31, 2020. The Central Electricity Regulatory Commission (CERC) in its order stated that the validity of RECs which expired or are likely to expire between April 01, 2020, and September 30, 2020, is extended up to October 31, […]

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Govt Closes Atal Jyoti Yojana (AJAY) Phase-II amid Covid-19 Outbreak

In the wake of coronavirus outbreak across the country, the government has decided to close the second phase of its Atal Jyoti Yojana (AJAY) effective from April 01, 2020. The move came after the government decided not to operate MPLADS for two years i.e. for 2020-2021 and 2021-22 and in this regard, a circular was […]

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MNRE Grants Blanket Extension for RE Projects amid Lockdown

With an aim to provide relief to renewable energy (RE) stakeholders amid lockdown due to Covid-19, the Ministry of New and Renewable Energy (MNRE) has granted an extension of time for RE projects equivalent to the period of lockdown plus 30 days additional blanket extension. Saurenergy had shared  this information following our coverage of MNRE […]

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