Govt Extends Transmission Charge Waiver Period for Solar Projects Till March 2022 Updated On Mon, Feb 19th, 2018 by Saurenergy The waiver will be available to these projects for 25 years from the date of commissioning provided the developers sign power purchase agreements with entities, including discoms, for sale of power for compliance of their renewable purchase obligation. The government has extended the window to avail waiver of inter-state power transmission charges and […] Read more
Clean Energy Sector Will Create 3 lakh Jobs Updated On Mon, Feb 5th, 2018 by Saurenergy India’s clean energy workforce comprises solar installers, maintenance workers, engineers, technicians and performance data monitors. In a significant development, the Ministry of New and Renewable Energy (MNRE) has prepared a blueprint to create 3 lakh jobs till 2020 in the renewable energy sector. According to sources a long-term target to create 14 lakh jobs by […] Read more
Ireda and Rumsl Join Hands for Large-Scale Solar Parks in Madhya Pradesh Updated On Thu, Feb 1st, 2018 by Saurenergy Out of the total power proposed to be generated at Rewa solar park, 24% has been agreed to be purchased by Delhi Metro Rail Corporation and balance 76% by Madhya Pradesh Power Management Company Ltd ( MPPMCL). Indian Renewable Energy Development Agency Limited (IREDA) and Rewa Ultra Mega Solar Limited (RUMSL) signed an agreement today […] Read more
Ireda and Rumsl Signs Agreement for Large-Scale Solar Parks in Madhya Pradesh Updated On Wed, Jan 31st, 2018 by Saurenergy Indian Renewable Energy Development Agency Limited (IREDA) and Rewa Ultra Mega Solar Limited (RUMSL) signed an agreement today for financing the shared infrastructure of two large Solar Parks in Madhya Pradesh. Ministry of New & Renewable Energy (MNRE), World Bank & IREDA have been able to work out a proposal to channelize US$ 100 Million […] Read more
RK Singh Announces $350 Million Fund to Finance Solar Projects Updated On Thu, Jan 18th, 2018 by Saurenergy The Minister said that that ISA shall help mobilize sufficient funds for solar energy projects. “India has one of the fastest growing Renewable Energy programmes in the World and the country would achieve its target of 175 GW of installed Renewable Energy capacity well before 2020,” Singh said. RK Singh, Minister of State for Power […] Read more
Solar Micro Grids of 1899 Kwp Installed In India Updated On Fri, Jan 5th, 2018 by Saurenergy Singh informed that MNRE has provided financial support up to 30% of the cost of micro and mini-grids systems for installation in the rural areas of the country. The design capacity of micro grid depends upon the requirement to be catered. As many as 63 solar micro grids of 1899 kilo Watt power (kWp) aggregated […] Read more
Schemes launched by the Government to promote Solar Energy in the country Updated On Thu, Dec 28th, 2017 by Saurenergy Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh, in a written reply to a question on schemes initiated by Government to promote Solar Power in the country, in Lok Sabha today informed that in order to promote solar energy, the Government have launched several schemes in the country. […] Read more
Year End Review 2017 –MNRE Updated On Wed, Dec 27th, 2017 by Saurenergy Government is on its way to achieving 175 GW target for installed Renewable Energy capacity by 2022 India attains 6th position in global Solar Power installed capacity By November 2017, a total of 62 GW Renewable Power installed, of which 27 GW installed since May 2014 and 11.79 GW since January 2017 Historic Low Tariffs […] Read more
Ministry of New & Renewable Energy issues Concept Note on Solar PV Manufacturing Scheme Updated On Thu, Dec 21st, 2017 by Saurenergy The Ministry of New & Renewable Energy (MNRE) has prepared a concept note on Solar PV Manufacturing Scheme to build up manufacturing capacity of solar PV modules, cells, wafers/ ingots and polysilicon in India. It is proposed to support manufacturers of solar PV cells and modules to expand and upgrade the existing facilities or to […] Read more
