EV Industry Expects PM E-Drive To Boost Electric Mobility Updated On Thu, Sep 12th, 2024 by Saurenergy A day after the Union Cabinet chaired by the Prime Minister Narendra Modi approved the proposal of Ministry of Heavy Industries (MHI) for the implementation of scheme titled ‘PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Scheme’ for the promotion of electric mobility in the country, several industry leaders reacted to the development […] Read more
Cabinet Approves Viability Gap Funding For Offshore Wind Updated On Thu, Jun 20th, 2024 by Saurenergy The Indian Union Cabinet chaired by Prime Minister Narendra Modi recently approved the Viability Gap Funding (VGF) scheme for offshore wind energy projects. The total outlay of the scheme stood at Rs 7,453 crore. The fund included an outlay of Rs 6,853 crore for the installation and commissioning of 1 GW of offshore wind energy […] Read more
Himachal Cabinet Approves Startup Plan To Boost Solar Projects In State Updated On Thu, Jan 4th, 2024 by Saurenergy The Himachal Pradesh State Cabinet meeting held recently in Shimla under the Chairmanship of Chief Minister Thakur Sukhvinder Singh Sukhu decided to start ‘Rajiv Gandhi Swarozgar Start Up Yojna, Phase (II) for setting up Solar Power Projects (SPPs) for the youth aged between 21 to 45 years besides achieving the ‘clean energy’ initiatives of the […] Read more
Cabinet Approves Plan For 13 GW Of Renewable Project In Ladakh Updated On Wed, Oct 18th, 2023 by Saurenergy The Cabinet Committee on Economic Affairs, chaired by the Prime Minister, Narendra Modi, today approved the project on Green Energy Corridor (GEC) Phase-II – Inter-State Transmission System (ISTS) for 13 GW Renewable Energy Project in Ladakh. The project is targeted to be set up by FY 2029-30 with total estimated cost of Rs 20,773.70 crore […] Read more
Cabinet Approves Change In MMDR Norms To Specify Royalty For Lithium Updated On Wed, Oct 11th, 2023 by Saurenergy Union Cabinet chaired by the Prime Minister Narendra Modi today approved amendment of Second Schedule of the Mines and Minerals (Development and Regulation) Act, 1957 (‘MMDR Act’). The amendment was meant for specifying rate of royalty for three critical and strategic minerals–Lithium, Niobium and Rare Earth Elements (REEs). Recently, the Mines and Minerals (Development and […] Read more
India Paves Way For Allowing Commercial Mining Of Lithium, Other Critical Minerals Updated On Thu, Jul 13th, 2023 by Saurenergy The Union Cabinet is now reported to have approved amendments to the Mines and Minerals (Development) and Regulation) Act to pave the way to allow commercial mining of Lithium and other critical minerals in the country. This comes months after India discovered reserves of Lithium in the Reasi district of Jammu and Kashmir and another […] Read more
Union Cabinet Approves MoU Between India and France on Renewable Energy Updated On Thu, Mar 4th, 2021 by Saurenergy The Union Cabinet was apprised and approved of the signing of MoU between India and France in the field of renewable energy cooperation. The Union Cabinet, chaired by Prime Minister Narendra Modi, was apprised of the signing of the Memorandum of Understanding (MoU) between India and France in the field of renewable energy cooperation. […] Read more
Cabinet Relaxes Working Capital Limit for Loans to Discoms Updated On Thu, Aug 20th, 2020 by Saurenergy The Union Cabinet has approved a one-time relaxation to PFC and REC for extending loans to Discoms above limits of the working capital cap The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans […] Read more
Cabinet Approves MoU With UK for Energy Self Sufficiency in Railways Updated On Thu, Jan 9th, 2020 by Saurenergy The Union Cabinet has given its approval to MoU signed with the DfID of UK for enabling energy self-sufficiency in Indian Railways The Union Cabinet has given its approval to the Memorandum of Understanding (MoU) signed with the Department for International Development, Government of UK for enabling energy self-sufficiency in Indian Railways. An official release […] Read more
