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subsidy schemes

Budget 2022- As Wishlists Grow Longer, What Can Renewables Industry Expect

The Union Budget for 2022, scheduled to be presented on Feb 1, 2022, is probably done and dusted for all practical purposes by now. Changes if any, would have been made, representations considered and dealt with, and the focus now on balancing the books. In that situation, we check out the key industry demands from […]

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Around 20 Indian States Commit to Power Sector Reforms

Almost 20 states expressed interest in benefitting from power sector reforms in 2020 on account of incentives by way of increased market borrowing space, Ministry of Power (MoP) recently said in an official statement. The Ministry of Finance launched a programme in June 2021 to allow additional borrowing space to state governments on the condition that […]

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Cabinet Approves Intra-State Transmission System – Green Energy Corridor Phase-II

The Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister Narendra Modi, today approved the scheme on Green Energy Corridor (GEC) Phase-II for Intra-State Transmission System (InSTS) for addition of approximately 10,750 circuit kilometres (ckm) of transmission lines and approx. 27,500 Mega Volt-Amperes (MVA) transformation capacity of substations. The scheme will facilitate grid […]

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Jharkhand CM Makes Case for Ghar Ghar Mein Solar

Jharkhand Chief Minister Hemant Soren on Friday called on common people to generate solar power in their backyards and promised subsidy for setting up the plants for which a new scheme will be launched. He promised that the surplus power will be bought by the state government which will also help people generate additional income. […]

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ICRA Predicts 8-10% Share For E Buses by 2025

Buses, the bulwark of public transport in any well planned transport system, are set to be a key part of the transition to electric mobility in India too. Thanks to focused subsidies and pressure to improve a decrepit bus network in most markets, e-buses are set to make a large impact in this category. For […]

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Govt. Confirms Solar Imports Down To $571 million in 2020-21

Yesterday, the Union Power and New and Renewable Energy Minister Raj Kumar Singh while addressing the Lok Sabha announced that India’s solar cells and modules imports fell to $571.65 million in the last financial year (FY20-21) from $2.16 billion and $1.68 billion in FY18-19 and FY19-20, respectively. Till July end, India had imposed tariff and […]

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States with Attractive Subsidies Under Their EV Policies

States with new or modified Ev policies giving subsidies over and above the central government’s subsidies under FAME II. The country is in a constant hustle to ramp up EV adoption. Although the central government has brought up schemes like Faster Adoption and Manufacturing of Electric Vehicles (FAME I and FAME II). Recently the government […]

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India Moves to 3rd in Latest Renewable Energy Attractiveness Index

A piece of positive news has come from Ernst & Young Global Limited (EY), which released its 57th Renewable Energy Country Attractiveness Index (RECAI) yesterday, granting the third position to India due to its continued progress in solar energy. The biannual RECAI ranks the world’s top 40 markets on the attractiveness of their renewable energy investment […]

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The 12 States Welcoming EV Adoption With Policies To Match: WRI India

12 states in India stand out for their electric vehicles (EV) policies which can actually support and nurture an EV transition, according to a recent report launched by the World Resources Institute India (WRI India). According to the report titled, “A review of State Government Policies for Electric Mobility”, a total of 14 states have […]

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