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Renewables Industry Confused due to Lack of Advisory on Coronavirus: FICCI

FICCI claims the Renewables industry in India is in a state of confusion due to the lack of advisory from ministries and departments regarding coronavirus The Federation of Indian Chambers of Commerce and Industry (FICCI) in a note has described that the Renewables industry in India is in a state of confusion regarding the next […]

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Only 521.69 MW of Renewable Energy Capacity Installed in Odisha

The coastal state of Odisha has a total of 521.69 MW of renewable energy capacity installed in the state as on February 29, 2020. According to data provided by the Minister of New & Renewable Energy (MNRE) the coastal state of Odisha has a total of 521.69 MW of renewable energy capacity installed in the […]

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SECI Issues RfS Document for 5 GW RTC Power From RE and Thermal

SECI has issued the RfS document for supply of 5 GW of RTC power from RE projects, complemented with power from coal-based thermal power projects in India. The Solar Energy Corporation of India (SECI) has issued the Request for Selection (RfS) document for the selection of renewable energy (RE) power developers for the supply of […]

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‘Letter of Comfort’ From PFC/ REC/ IREDA now at Par With Bank Guarantees

The government has decided to treat a letter of comfort issued by state-run shadow banking firms like PFC, REC, and IREDA at par with bank guarantees. To improve the business environment for clean energy projects and attract investments, the government has decided to treat a letter of comfort (undertaking) issued by state-run shadow banking firms […]

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Green Energy Projects Received Rs 1.34 lakh Crore in Investments Over last 3 years

Green energy projects have attracted investments of about Rs 1.34 lakh crore between April 2017 and January 2020, the Parliament was informed by RK Singh. Green energy projects have attracted investments of about Rs 1.34 lakh crore between April 2017 and January 2020, Parliament was informed on Thursday. “Based on standard capital cost per MW, an […]

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Sterlite Power Completes Sale of Novo Estado Project to ENGIE’s Brazilian Arm

One of the leading global developers in the power transmission space Sterlite Power has successfully completed the sale of its Novo Estado project in Brazil to French multinational electric utility company ENGIE’s arm in Brazil. The Vedanta Group company, Sterlite Power, has informed that, the sale process of Sterlite Novo Estado Energia S.A. (Novo Estado) […]

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Record Amount of Wind Turbine Capacity Ordered Globally in 2019

2019 saw nearly 100 GW of global wind turbine order capacity, shattering the previous record set in 2018, according to a new analysis. 2019 saw nearly 100 GW of global wind turbine order capacity, shattering the previous record set in 2018, according to a new analysis from Wood Mackenzie. As noted in the report, ‘Global […]

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Slow Progress in January 2020, Indicates MNRE Report to Cabinet

In it’s report for the month of January 2020, the Ministry of New And Renewable Energy has seen fit to highlight the following key points for the month of January 2020. The report is a document generated for each month, and supposed to be followed  by most ministries. MNRE, we are happy to share, is […]

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DGTR Proposes Anti-Dumping Duty on Al-Zn Coated Flat Products

DGTR – Ministry of Commerce and Industry, has proposed the imposition of anti-dumping duty on imports on Aluminium and Zinc coated products from 3 nations. The Directorate General of Trade Remedies (DGTR), under the Ministry of Commerce and Industry, has in its final findings on a recent case, proposed the imposition of anti-dumping duty on […]

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