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UP’s Biggest Solar Power Plant Sets up via Transparent Auction: Govt

The plant, built at a cost of around Rs 528 crore, will generate 13 crore units of electricity per annum. The government said the biggest solar power plant in the state of Uttar Pradesh (UP) has been set up via a transparent bidding process under the solar park scheme of the Ministry of New and […]

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70% Safeguard Duty on Solar to Dampen Investor Sentiment: Par Panel

Custom Duty on Solar Cells/Modules/Panels should not be levied and they should continue to enjoy exemption from custom duty as before. Safeguard Duty should not be of the tune (70 per cent) that will hamper our own programme and it should not affect the bids which have already taken pace, panel has said. A Parliamentary […]

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IREDA & European Investment Bank sign Euro 150 million Loan Agreement for Renewable Energy Financing in India

More than 1 million Indian households to benefit from the new initiative EIB has extended this line of credit without insisting for sovereign guarantee from Government of India European Investment Bank (EIB) and Indian Renewable Energy Development Agency (IREDA) Ltd. have signed a loan agreement for a second line of credit (LoC) of Euro 150 […]

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Govt to Achieve 20 GW Solar Power Capacity in FY18, says R K Singh

As on February 28, 2018, a grid connected solar capacity of 19.58 GW has been installed and the government is very close to achieving 20GW in 2017-18 itself of the target set initially. The Union Minister of State (IC) Power and New & Renewable Energy, R K Singh has said that the government is close […]

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Cabinet approves an MoU between India and Hellenic on Renewable Energy Cooperation

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has been apprised of the Memorandum of Understanding (MoU) on Cooperation in the field of Renewable Energy between India and Hellenic. The MoU was signed by the External Affairs Minister, Smt. Sushma Swaraj, Government of India and H.E. Nikos Kotzias, Minister of Foreign Affairs of […]

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1 Mn Solar Study Lamps Scheme Successfully Implemented: R.K Singh

The scheme was sanctioned in January 2014 for empowering underserved communities of Rajasthan, Madhya Pradesh and Maharashtra. The government has successfully implemented the one million solar study lamps scheme, said R. K Singh, Minister of State (IC) for New and Renewable Energy and Power, in a written reply to a question in the Rajya Sabha. […]

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One Million Solar Study Lamps Scheme successfully implemented

A new project for distribution of 70 lakh solar study lamps in the states of Assam, Bihar, Jharkhand Odisha and Uttar Pradesh which was sanctioned by the Ministry of New and Renewable Energy (MNRE) in December 2016, is currently under implementation. The One Million Solar Study Lamps Scheme which was sanctioned in January 2014 for […]

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ISA Plans to Invite 50 Solar Proj Dev, Bankers at Action-to-Transaction Meet

The move has come to provide golden opportunity for project developers, solar equipment manufacturers for interaction with banks to secure funds they are looking for the bankable solar energy and related projects for financing and implementation in India and ISA Member countries. The International Solar Alliance (ISA) and the Ministry of New and Renewable Energy (MNRE) […]

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48 CST, 12 Solar Cooker Projects get Extension for Completion

The twelve solar cooker projects will be closed by considering the target achieved till the extended completion date i.e., 31.03.2018. The Ministry of New and Renewable Energy (MNRE) has issued an order for the extension of project completion time of 48 Concentrated Solar Technology (CST) projects and 12 Solar Cooker projects till March 31, this […]

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