Ministry of New and Renewable energy

India will Achieve Installed RE Capacity Target Before 2022: MNRE Secy

International Solar Alliance (ISA) will help mobilise sufficient funds for solar energy projects. The Ministry of New and Renewable Energy (MNRE), Secretary, Anand Kumar said that India would achieve its target of installed renewable energy capacity of 175 GW well before 2022 for which bidding process would be completed on time. Anand Kumar while speaking […]

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Govt Issues Penalty for Violating DCR Norms Under MNRE’s Solar PV Projs

The move has come to avoid misuse of policy. The Government of India (GoI), through the Ministry of New and Renewable Energy (MNRE), has issued a memorandum titled – “Penalties for violation of norms of Domestic Content Requirement (DCR) under Solar PV power projects under MNRE’s Schemes / Programmes”. The memorandum was published on the MNRE […]

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Diamond Grading Institute Installs 34.8 KW Solar Rooftop Plant

The Diamond City has emerged as India’s leading ‘solar smart city’ according to the bi-monthly newsletter of the ministry of new and renewable energy, Government of India titled Ákshay Urja’. In a significant development, the International Institute of Diamond Grading and Research (IIDGR), a part of the world’s leading De Beers Group, has become the […]

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After a Lull 2017, India’s Solar Power Sector is Rising Again

With rising solar panel costs and other issues, the sector had witnessed a sharp decline in late months of 2017. The Indian solar power sector started on a good note in 2018. The good thing is that solar industry now has over 4,000 megawatts (MW) of projects that it is going to bid for and […]

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Clean Energy Sector Will Create 3 lakh Jobs

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 […]

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Budget 2018-19: Renewable Energy Industry Largely ‘Unhappy’

Overall, the Union Budget 2018 is average but still, the government can focus to solve problems faced by industry players in the current year so that India can fulfill its green energy ambitious goals on time. Finance Minister Arun Jaitley rolled out its much-anticipated Union Budget 2018-19 in parliament on 1 February 2018. With national polls […]

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Mumbai’s Housing Society Goes Solar Cuts Electricity Bill By 83%

The solar grid cost Kurla residents Rs14 lakh, but they expect to recover the expenses over the next four-and-half years, said members of Green Power Projects Pvt Ltd that installed the project. Mumbai’s housing society in Kural has switched to solar power to cut their electricity bill by 83 percent. The housing society including Twin […]

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Investing Renewables Infesting Fossils

Renewable Energy Sector as a Future Investment Model With increasing technological advancements, renewable energies are having a significant impact. Renewable energy is becoming increasingly viable, a trend that could potentially be a game-changer for investors, particularly large scale, global investors. The International Energy Agency projected that renewable energy will continue to grow by 42 percent […]

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Annulled: NTPC Forced to Cancel 250 Megawatt October 2017 Solar Auction

Anand Kumar who is the Secretary in Ministry of new and renewable energy confirmed that the solar auction had been annulled. Solar auction has been annulled forcefully. NTPC has been forced to cancel the result of its 250 mw solar auction held in October last year, which was won by Azure Power quoting a tariff […]

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