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Ministry of Power

Solar and Wind tariff will come down considerably in near future: Govt.

“The department of renewable energy is quite confident that since majority of renewable items are taxed at five per cent GST, the wind and solar power tariff will go down considerably in near future” The solar and wind tariff will come down considerably in the near future, said a government official on Friday. “It will […]

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Target set for rooftop solar by 2022 is ‘Unrealistic’: Parliamentary Panel

The panel further said the Centre should give the scheme a “serious relook”, else, it will derail the target achievement of the National Solar Mission. A Parliamentary panel on Tuesday said that 40 GW target for rooftop solar by 2022 is “unrealistic” and it needs to be “reconsidered” reports PTI. “The Committee feels that the […]

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Andhra Pradesh and Rajasthan Leaves Tamil Nadu Behind in Installed Solar Capacity

Statistics show only 630 MW of solar power was installed in Tamil Nadu in 2016-17 against 919.24 MW in 2015-16. Unlike Andhra Pradesh, which acquires land for solar parks, Tamil Nadu leaves developers the land acquisition responsibility, which takes time. Ministry of new and renewable energy data, released in the Lok Sabha, shows that at […]

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World Bank Loan for Solar Projects

World Bank financing of USD 100 Million for development of internal infrastructure of solar parks has been planned by Indian Renewable Energy Development Agency Ltd. (IREDA) under the aegis of Ministry of New & Renewable Energy. The World Bank loan is proposed to flow to the interested Solar Power Park Developers (SPPDs) through IREDA. This […]

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UPPCL Issues Notice to Six Companies for Delaying the Installation of Solar Plant

UP Power Corporation Limited (UPPCL) has issued the ‘Procure Preliminary Default’ notice to six companies, seeking cancellation of their agreement with the New Energy Development Authority (NEDA). The Uttar Pradesh government has issued notice to six private companies, including Adani Green Energy, for delay in setting up solar power plants in UP. The decision was […]

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Buy Abroad Diktat Doesn’t Worry India’s Solar Sector

India has to make suitable policy changes to protect its fledgling solar manufacturing sector from foreign competition. India has to make suitable policy changes by December this year to remove measures it had undertaken to protect its fledgling solar manufacturing sector from foreign competition, according to a recent notice issued by the Dispute Settlement Body […]

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PPAs signed for first Wind Auction totalling 1050 MW

Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Shri Piyush Goyal presided over the signing of Power Purchase Agreements (PPAs) for purchase of 1050 MW of wind power under Ministry of New and Renewable Energy (MNRE)’s first Wind Auction Scheme here today. The PPAs were signed between PTC India […]

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