renewable energy sector

Gensol Engineering Wins Two EPC Projects Worth Rs 337.70 Crore

Gensol group’s engineering arm, Gensol Engineering recently announced the award of two significant EPC contracts from Rajasthan and Maharashtra. Gensol’s first project is of 250 MWac/350 MWdc ISTS solar power project in Rajasthan, and the 50MWac/72.5MWdc solar power project in Maharashtra. This marks another step in our journey to becoming a dominant player in the […]

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IIT Palakkad Offers Rs 2 Cr to Step Up Renewable Energy & Safety Solutions

In a key development, the Technology IHub Foundation (IPTIF) of IIT Palakkad has announced the launch of Samarth Maha Utsav that is aimed at encouraging innovation in Renewable Energy and Safety. The new contest is called the flagship national contest of IIT Palakkad. As per the premier engineering institute, candidates that are interested in the […]

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Indian RE Sector Stable But Riddled With Payment & PPAs Signing Delays

While India’s renewable energy (RE) sector is currently stable, the key challenges containing its growth lie on the execution front, finds a new report by ICRA. According to the report, the RE sector’s present stability is on account of strong project pipeline, the government’s continued policy support, and superior tariff competitiveness offered by wind and […]

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R K Singh Seeks Removal of Priority Sector Lending Limit for RE Sector

Indian Power and new renewable energy minister R K Singh yesterday pitched for removal of priority sector lending limit for green energy projects. In the meeting, it was decided that MNRE would follow up with RBI for removal of the priority sector lending limit for RE sector. This will encourage the Public Sector Banks to […]

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Govt Organises ‘Chintan Baithak’ with RE Industry Stakeholders

In a bid to provide a further boost to the renewable energy sector in the country, the Ministry of New & Renewable Energy (MNRE) held a meeting, termed as ‘Chintan Baithak’, with the industry stakeholders. The government’s motive behind organizing this meet, which was chaired by the MNRE Secretary Anand Kumar, was to address various […]

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Govt. implements various programs/schemes for promotion of grid interactive renewable energy

The Government is already implementing various programs/schemes for promotion of grid interactive renewable energy such as solar, wind, bio-power and small hydro power in the country. The details of major steps taken by the Government to attract investment in the renewable energy sector are as follows: – Waiver of Inter State Transmission System (ISTS) charges […]

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3,217 Million US$ received as FDI in Renewable Energy Sector

Renewable Energy Capacity reaches about 74GW as on 30/11/2018 The FDI data cell of the Department of Industrial Policy and Promotion (DIPP) compiles and maintains the data of Foreign Direct Investment (FDI) Equity inflow received in the country. The FDI equity inflow from April, 2015 to June, 2018 in the Non-Conventional Energy Sector is as […]

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Renewable Energy Experts discuss the future of clean energy at Reinvest 2018

The power packed technical sessions at the 2nd Global RE-Invest India-ISA Partnership Renewable Energy Experts’ Meet & Expo (RE-Invest 2018), organized by the Ministry of New and Renewable Energy saw industry experts, corporates and sector players discussing the opportunities and challenges held by the Renewable Energy sector at Greater Noida. Reiterating the discussions of the […]

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Experts Laud India’s Ambitious Offshore Wind Target; Express Optimism

A session titled ‘A Leap Into Offshore’ was held at the 2nd Global RE-INVEST India-ISA Partnership Renewable Energy Investors Meet & Expo at Greater Noida on 3rd October, 2018. Moderated by Mr Steve Sawyer, Secretary General, Global Wind Energy Council (GWEC), the session saw top global experts lauding India’s 30 GW offshore wind industry target […]

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