Solar Policy

MNRE Formalises Amendments to RTC RE Power Procurement Guidelines

MNRE has passed amendments to the guidelines for procurement of RTC RE power, complemented with power from any other source or storage. The Ministry of New and Renewable Energy (MNRE), in a Gazetted notification, has passed a resolution with the amendments to the guidelines for tariff-based competitive bidding process for procurement of Round-The-Clock (RTC) power […]

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Rs 212 Cr Released Under FAME-II for Electric Buses: Javadekar

As of January 31, nearly Rs 212 crore has been released for the procurement of electric buses under the FAME II scheme, Prakash Javadekar informed the parliament. As of January 31, 2021, nearly Rs 212.31 crore has been released for the procurement of electric buses under the second phase of the FAME-India (FAME II) scheme, Heavy […]

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NSEFI Suggests Amendments in Gujarat Solar Policy to Boost Investments

NSEFI has welcomed the Gujarat Solar Policy 2021 and submitted suggestions which it believes will further boost investment in the sector National Solar Energy Federation of India (NSEFI) has welcomed the Government of Gujarat Solar Power Policy 2021, where the Capacity Restriction of 50 percent of Contracted Demand has been withdrawn. However to promote the […]

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Finance Ministry Permits AP to Borrow Additional Rs 1515 Cr for Power Sector Reforms

The Finance Ministry has allowed Andhra Pradesh to borrow an additional Rs 1515 crore for undertaking power sector reforms. The Finance Ministry has allowed Andhra Pradesh to borrow an additional Rs 1515 crore for undertaking power sector reforms. As part of the reforms, the state has started the Direct Benefit Transfer (DBT) scheme of electricity subsidy to farmers with effect from September 2020. Thus, it […]

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MNRE Halves Inspection fee for Solar Manufacturing Capacity upto 50 MW

MNRE has revised the inspection fee for solar manufacturing capacity upto 50 MW to Rs 2.5 lakh from the existing Rs 5 lakh The Ministry of New and Renewable Energy (MNRE) has notified that under its guidelines for the enlistment under its order for “Approved Models and Manufacture of Solar PV modules (Requirement for Compulsory […]

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Economic Survey-India Needs $206 Bn for 2030 SDGs Agenda

The Ministry of Finance of GOI, in its Economic Survey 2020-21 released on January 29, 2021has also devoted a chapter to “Sustainable Development and Climate Change”. agenda India and the SDGs: The agenda 2030 for sustainable development with 17 Sustainable Development Goals (SDGs) and 169 associated targets comprises a complete developmental agenda integrating social, economic, and […]

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Budget 2021 Highlights For Solar Sector

In a budget speech that will eventually be termed as focused on fire-fighting and consolidating reforms, Finance Minister Nirmala Sitharaman announced her budget today. For the solar sector, the big shock is undoubtedly the increase in customs duty on solar inverters from 20 percent. Including inverters, which have a much smaller share in overall project […]

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New RE Policy in Maharashtra to Attract Rs 75,000 Cr Investments: Raut

The new RE policy of Maharashtra will attract investments of Rs 75,000 crore in the state per Energy Minister Nitin Raut. The new renewable energy (RE) policy of Maharashtra will attract investments to the tune of Rs 75,000 crore in the state according to state Power and New & Renewable Energy Minister Nitin Raut. The minister made the […]

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India & France Form Alliance for Work in Sustainable Development, RE and More

India and France have formed an alliance to strengthen their cooperation in sustainable development, RE adoption and more key areas that boost global environment protection. India and France have formed an alliance to strengthen their cooperation in sustainable development and work towards increasing renewable energy (RE) adoption and more key areas that boost global environment […]

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