IREDA & European Investment Bank sign Euro 150 million Loan Agreement for Renewable Energy Financing in India Updated On Sat, Mar 10th, 2018 by Saurenergy 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 […] Read more
Don’t Grant Loans to Huge Loss Making Discoms, says RK Singh to REC, PFC Updated On Fri, Mar 9th, 2018 by Saurenergy He said that many distribution companies have been making heavy transmission and distribution (T&D) losses and it may be difficult for them to repay the loans. In a review meeting, the Union Minister of State (IC) Power and New & Renewable Energy, R K Singh has directed the two financing arms of the Power Ministry […] Read more
Govt to Achieve 20 GW Solar Power Capacity in FY18, says R K Singh Updated On Fri, Mar 9th, 2018 by Saurenergy 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 […] Read more
Cabinet approves an MoU between India and Hellenic on Renewable Energy Cooperation Updated On Wed, Mar 7th, 2018 by Saurenergy 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 […] Read more
1 Mn Solar Study Lamps Scheme Successfully Implemented: R.K Singh Updated On Tue, Mar 6th, 2018 by Saurenergy 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. […] Read more
One Million Solar Study Lamps Scheme successfully implemented Updated On Tue, Mar 6th, 2018 by Saurenergy 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 […] Read more
ISA Plans to Invite 50 Solar Proj Dev, Bankers at Action-to-Transaction Meet Updated On Mon, Mar 5th, 2018 by Saurenergy 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) […] Read more
MNRE Amends MSME Participation Norms for Solar Water Pump Tenders Updated On Mon, Mar 5th, 2018 by Saurenergy It has issued a Standard Bidding Document (SBD) for the procurement and installation of solar water pumps under the Ministry’s off-grid programme. The Ministry of New and Renewable Energy (MNRE) has amended the norms for participation of MSME sector/ startups in tenders for solar water pumps. Moreover, it has issued a Standard Bidding Document (SBD) […] Read more
Cabinet apprised of an MoU between India and Fiji on Cooperation in Renewable Energy Updated On Wed, Feb 28th, 2018 by Saurenergy The Union Cabinet chaired by Prime Minister Shri Narendra Modi has been apprised of aMemorandum of Understanding (MoU) on Cooperation in Renewable Energy between India and Fiji. The MoU was signed on 24th May, 201 7at Suva, Fiji. Both sides aim to establish the basis for a cooperative institutional relationship to encourage and promote technical bilateral […] Read more
