subsidy

New Rooftop Subsidy Only For Applications Post Feb 13-MNRE

The Ministry of New and Renewable Energy (MNRE), in a fresh update on Geb 20, has declared that only applications received after Feb 13, 2024 will be considered for Central Financial Assistance (CFA) under the PM Surya Ghar Muft Bijli Yojana. The move comes even as demand is expected to skyrocket for solar rooftops under […]

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MNRE Increases Subsidy For New Residential Solar Rooftop Consumers

The Ministry of New and Renewable Energy (MNRE) announced an increase in the Central Financial Assistance (CFA) under the rooftop solar scheme (Phase-II) for different categories of residential consumers. The ministry said that the new rates will be applicable for projects undertaken either through the tender mode or through applications received through the National portal […]

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11.61 Lakh Electric Vehicles Sold Under FAME-II Scheme, Says Govt

The Minister of Heavy Industry (MHI) Minister, Mahendra Nath Pandey recently shared data on the Faster Adoption and Manufacturing of Electric Vehicles in India (FAME-II) Scheme in the parliament. The scheme operated for a period of five years commencing from 1st April 2019 with a total budgetary support of Rs. 10,000 crores. The minister said […]

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Maharashtra Leads In Providing Incentive Under The Rooftop Solar Program In 2023

The Union Minister for New & Renewable Energy and Power (MNRE) informed the parliament in a written reply to the renewable energy capacity in the country has increased by about 2.35 times in the last decade.  Among other details, the minister gives a state-wise detail of subsidies provided under various schemes to encourage new and […]

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Haryana Offers 75% Subsidy Support Under PM-KUSUM

Haryana Renewable Energy Development Agency (HREDA) has now issued notification seeking applications from farmers for solar irrigation pump connections under the Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyaan (PM-KUSUM). The notification asked the eligible farmers to apply up to July 12, 2023.  Under the scheme, the Haryana government is offering a 45 percent subsidy from the state […]

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Two-Wheeler EV Sales Dip As Govt Slashes FAME-II Subsidy

The slashing of subsidies for electric two-wheelers by the Ministry of Heavy Industries last month has now shown results in its sales in the market. The ministry gives subsidies under the Faster Adoption of Manufacturing of Electric Vehicles (FAME)-II scheme. This hand-holding support from the government apparently helped many consumers to shun polluting vehicles and […]

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CESL Study On E-Buses Claims Cost Savings Vs CNG, Diesel Buses, Even Without Subsidy

Government-owned entity Convergence Energy Services Ltd CESL, which recently launched India’s largest e-bus tender, has shared a case study on the results of the bidding. This case study, which is based on a thorough market research conducted by CESL, WRI India, the World Bank, and others, highlights the key features of The Grand Challenge, which […]

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Delhi To Seek 6000 MW From Renewable Sources by 2025-26

The Delhi Government has set sights on augmenting power generation from renewable sources by 6000 MW in the span of the next three years, Deputy Chief Minister of Delhi, Manish Sisodia has announced. This will be achieved through a slew of initiatives. He added that the city’s electricity demand is on the rise and the […]

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