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
Govt Allocates Rs 500cr To Boost Electric Two & Three Wheelers Updated On Thu, Mar 14th, 2024 by Saurenergy The Ministry of Heavy Industries has now issued a notification to start a new scheme (Electric Mobility Promotion Scheme) especially dedicated to the promotion of electric two and three wheelers. As per the government notification, the scheme will be valid only for four months from April 1, 2024 to July 31, 2024. The ministry has […] Read more
Govt To Electrify 1L Unelectrified Tribal Households With Off-Grid Solar Updated On Fri, Jan 5th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) is now all set to roll out a dedicated scheme to electrify the unelectrified households of Particularly Vulnerable Tribal Groups (PVTGs) under the Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan (PM JANMAN). The MNRE recently issued a notification in this regard. The order said that the ministry […] Read more
Plans For Phase-III Of FAME Start, With Bigger, Wider Coverage Updated On Thu, Jan 4th, 2024 by Saurenergy Even as the secoonf phase of the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) is likely to wind down this year, speculation is rising on the shape of the next phase of the scheme that was brought in to support EV transition. Administered by the Ministry of Heavy Industries (MHI), FAME-I(Rs 895 […] Read more
Larger Cities Set To Get 150 E-Buses Under PM eBus Sewa Updated On Wed, Sep 6th, 2023 by Saurenergy The Ministry of Housing and Urban Affairs (MoHUA) has now released its Prime Minister eBus Sewa guidelines. Earlier on August 16 this year, the Union Cabinet had approved the scheme for augmenting electric mobility in Indian cities. The scheme aims to deploy 10,000 e-buses under PPP mode in 169 Indian cities. The scheme aims to […] Read more
Solar Aided In Electrification of 4.1 L Households Under ‘Saubhagya’: Govt Updated On Mon, Aug 14th, 2023 by Saurenergy Union Minister for New and Renewable Energy RK Singh, in his recent reply before the Lok Sabha, said that around 1.64 percent (4.1 lakh) of the rural and urban household-level electrification works undertaken under the Saubhagya scheme was done with the help of solar energy. “As reported by the States/UTs, a total of 2.86 crore […] Read more
Ministry Of Power Notifies Domestic Carbon Credit Market Scheme Updated On Fri, Jun 30th, 2023 by Saurenergy The Ministry of Power has now notified the Indian Carbon Credit Market Scheme to boost the trading of carbon credits in the country. The scheme provisions talk about how the market would be governed in the country. The scheme proposed the constitution of a National Steering Committee, which will govern the Indian Carbon Credit […] Read more
India Gets Ready To Roll Out Its Domestic Carbon Credit Market Scheme Updated On Fri, Jun 30th, 2023 by Saurenergy Around a year after the Indian Parliament passed the Energy Conservation Bill 2022, the final draft of a scheme meant to govern the Indian domestic carbon credit market is close to completion. This legislation mandated the government to come out with rules to create a local carbon credit market. According to officials in the concerned ministries, […] Read more
MNRE EoI For Establishment Of Three Power And RE Equipment Hubs Updated On Tue, May 31st, 2022 by Saurenergy The Union Ministries of Power and New and Renewable Energy have jointly proposed a Rs 1000 crore worth scheme inviting the companies for establishment of three manufacturing zones in the country by 2026-27, two in a brownfield on already developed land and one greenfield manufacturing zone in a coastal area of the country. The details […] Read more
