REINVEST 2020 Is Reimagined, MNRE Invites Bids for Virtual Event This Year Updated On Thu, Apr 23rd, 2020 by Saurenergy As we had reported earlier, the Reinvest 2020 event is set to go digital (virtual) this year, with the MNRE determined not to allow the Covid-19 pandemic to push the event any further. The event, which has struggled at times since its first edition in 2015, managing just one more event in 2018, is clearly […] Read more
MNRE Releases Draft Standards for Utility Grid Inverters Updated On Thu, Apr 23rd, 2020 by Saurenergy In a key development, the Ministry of New and Renewable Energy (MNRE) has released the draft standards for “Technical requirements for Photovoltaic Grid Tie Inverters to be connected to the Utility Grid in India”. The notice calls upon industry stakeholders to provide their feedback and comments latest by April 30, 2020 for these standards, before […] Read more
REC Sanctions Rs 7 Cr to Ramp Up Relief Work Amid Lockdown; More to Come Updated On Wed, Apr 22nd, 2020 by Saurenergy The central public sector undertaking (CPSU) REC Ltd, via its CSR arm REC Foundation, has sanctioned Rs 7 crore in a step to speed up the relief work amidst lockdown due to the spread of the coronavirus pandemic. Concerned over the plight of daily wagers, the navratna non-banking finance company (NBFC) said that more such […] Read more
Now, Safeguard Duty Clarification From MNRE Awaits Updated On Wed, Apr 22nd, 2020 by Saurenergy An active Ministry of New and Renewable Energy (MNRE) has been in overdrive in 2020, delivering a wishlist of moves for the sector so far. Not just that, some of the amendments planned for the Electricity act of 2003 soon, will add even more legal teeth to its orders, issued mainly to protect the sector […] Read more
MNRE Invites EoI for Evaluating Components of PM KUSUM Scheme Updated On Tue, Apr 21st, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has invited Expression of Interest (EOI) from reputed consultants and experts to undertake an evaluation of Component-A and Component-C of the Pradhan Mantri Kisan Urja Suraksha evem Utthan Mahabhiyan (PM KUSUM) Scheme. This scheme was launched during the month of March last year and has three components: […] Read more
MNRE Grants Blanket Extension for RE Projects amid Lockdown Updated On Tue, Apr 21st, 2020 by Saurenergy With an aim to provide relief to renewable energy (RE) stakeholders amid lockdown due to Covid-19, the Ministry of New and Renewable Energy (MNRE) has granted an extension of time for RE projects equivalent to the period of lockdown plus 30 days additional blanket extension. Saurenergy had shared this information following our coverage of MNRE […] Read more
Electricity Act Amendments The Big Bang Reforms Solar Sector Needs Updated On Mon, Apr 20th, 2020 by Saurenergy The amendments proposed in the draft Electricity Act (Amendment) Bill 2020 by the power ministry could be the big bang reforms the power sector, and by extension, the renewable energy sector in India, has been waiting for. If these go through without major changes, then some of the biggest roadblocks holding back the proper growth and […] Read more
Decoding The healthy Response to NHPC 2000 MW Solar Tender Updated On Mon, Apr 20th, 2020 by Saurenergy On the face of it, the response to the NHPC (formerly National Hydroelectric Power Corporation) 2 GW tender is more than a little surprising. Not only has the tender sailed through, it has done so with flying colours, by any stretch of imagination. Five well established players in the form of SoftBank-backed SB Energy, Axis […] Read more
Draft Electricity Act (Amendment) Out. Renewables in Focus Updated On Mon, Apr 20th, 2020 by Saurenergy True to the promise made last week, the Power Ministry has released the draft Electricity Act (Amendment) Bill 2020 on 17.4.2020. The draft has given stakeholders 21 days in which to send in their suggestions. The act is of particular significance for the renewable sector, as it promises to tighten up enforcement of orders made […] Read more
