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MNRE

Delhi Govt Announces ‘Free Electricity’ For Solar Rooftop Users

Delhi Chief Minister Arvind Kejriwal promised a ‘zero electricity bill’ for energy users who opt for rooftop solar today. The CM said the government had made a special provision in the upcoming Solar Policy to give solar prosumers free electricity in Delhi.  The state cabinet recently approved the state solar policy. The government will soon […]

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Revised ALMM List: Eight Solar Module Manufacturers Enlist New Models

The Ministry of New and Renewable Energy (MNRE) in its latest revised list of Approved List of Manufacturers and Modules of Solar PV Modules (ALMM) has incorporated numerous new solar module models from eight Indian solar module manufacturers. These included new model enlistment from Gautam Solar, Waaree Energy, Agrawal Renewable, HR Solar Solution, Sahaj Solar, […]

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COVER STORY: Rooftop Solar Enters Mission Mode In India

The signs were already there. In the first week of 2024, the Ministry of New and Renewable Energy (MNRE) created ripples in the Indian solar market when it announced a 23 percent increase in subsidies for residential rooftop solar. As per the government notification, the ministry increased subsidies from Rs 14,588/kWh to Rs 18,000/kWh for […]

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Juniper Green and KPI Green Secure GUVNL’s Wind-Solar Hybrid Project

Renewable Energy companies Juniper Green Energy Private Limited and KPI Green Energy Private Limited have been awarded the project for establishing 200 MW capacity, part of a 500 MW grid-connected wind-solar hybrid power project in Gujarat. The allocation was done by Gujarat Urja Vikas Nigam Limited (GUVNL). Another 500 MW allocation of the project will […]

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Punjab To Review Power Agreement For Purchase Of Solar Power

Punjab CM Bhagwant Mann has announced to review the purchase power agreement for the purchase of solar power in the state. Mann said that the state government is now purchasing solar power at Rs 2.54 instead of purchasing it at Rs 15 as was done during the tenure of earlier governments in Punjab. In a […]

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PM Modi Announces Scheme To Install Rooftop Solar On 1cr Households

Days after the Ministry of New and Renewable Energy (MNRE) increased its subsidies for Residential Rooftop Solar, Prime Minister Narendra Modi today announced a dedicated scheme to boost the sector. Modi named the scheme ‘Pradhanmantri Suryodaya Yojana’. As per the announcement of the Prime Minister, under this scheme, the Indian government would target to install […]

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IREDA Witnesses 67% Profit In Q3, Earnings Per Share Up by 57%

Indian Renewable Energy Development Agency Ltd. (IREDA) recently announced its audited financial results for the third quarter of the fiscal year 2023-24. The company reported a 67% increase in profit, reaching a Profit After Tax (PAT) of ₹ 335.54 crores for the quarter. This performance is attributed to the consistent growth in the loan book […]

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IREDA Signs MoU with IOB For Co-lending For Renewable Energy Projects

Indian Renewable Energy Development Agency Ltd. (IREDA), a non-banking financial institution under the Ministry of New and Renewable Energy (MNRE), has signed a Memorandum of Understanding (MoU) with Indian Overseas Bank (IOB) pertaining to co-lending and loan syndication for a diverse spectrum of renewable energy projects across the country. The MoU includes provisions for co-lending […]

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Bluebird Solar Unveils M10 Series Of Four Solar PV Modules

Bluebird Solar — a subsidiary of Bluebird Stabilisers, an electrical products brand, has launched the latest M10 series of products including four mono-facial and bifacial half-cut solar PV modules, with capacities ranging from 400W to 550W. The solar panels of the firm come with its-class 30-year linear performance warranty. The advanced, high-efficiency modules of Bluebird […]

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