MNRE Amends Offshore Wind Lease Rules To Ease Process Updated On Tue, Oct 1st, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) recently announced an draft amendment to the offshore wind energy lease rules, aimed at regulating the leasing of offshore areas for wind energy projects. The government can now grant leases for up to 35 years, with the possibility of extending them on a case-by-case basis, depending on […] Read more
NLC India Aims To Add 10 GW Renewable Energy By 2030 Updated On Mon, Sep 30th, 2024 by Saurenergy NLC India Limited, a Navratna Public Sector Enterprise under the Ministry of Coal, Government of India, marked its 10th year of renewable energy generation in 2024. The company embarked on its renewable energy journey on September 28, 2015, by commissioning a 10 MW solar photovoltaic power plant in Neyveli. Primarily a lignite-based power-generating company, NLC […] Read more
Zelestra Closes €132 Mn Financing For Its Gorbea Solar Plant In India Updated On Mon, Sep 23rd, 2024 by Saurenergy Spanish renewable energy firm Zelestra, has closed a €132 million (INR 1472 crores) project financing package for its Gorbea solar photovoltaic plant in India. The financing was signed with HSBC, Credit Agricole, MUFG, and Bank of America. The facility, denominated in Indian Rupees (INR), is designated as green financing under Zelestra’s Green Financing Framework, aligning […] Read more
Delhi’s CNG-Run Three Wheelers To Go Electric Soon Updated On Fri, Sep 20th, 2024 by Saurenergy The Delhi government in its recent order added a new para-transit scheme mandating the replacement of CNG-powered Gramin Sewa vehicles registered under the 2010-11 scheme with electric vehicles (EVs). This revised policy applies to high-capacity three-wheelers and similar other vehicles with a seating capacity of six passengers (excluding the driver) being given permits to ply […] Read more
MNRE Wants Discoms To Make Rooftop Solar Payments Online Updated On Wed, Sep 18th, 2024 by Saurenergy In order to further streamline the implementation of the PM Surya Ghar scheme, the Ministry of New and Renewable Energy (MNRE) has urged the states to alter the functioning of discoms. Discoms are the key offices which regulate the rooftop solar affairs in their jurisdiction. In a latest communication of the MNRE to the states, […] Read more
SJVN Invites Bids For 600 MW/2,400 MWh ESS Across India Updated On Mon, Sep 16th, 2024 by Saurenergy SJVN, in coordination with the Renewable Energy Implementation Agency (REIA), has released a 1.2 GW tender for solar plus energy storage. The tender invites bids from Solar Power Developers (SPDs) to set up ISTS-connected Solar PV Power Projects with 600 MW/2,400 MWh Energy Storage Systems (ESS) anywhere in India under Tariff-Based Competitive Bidding on a […] Read more
President Approves VGF Scheme For 1 GW Offshore Wind Projects Updated On Fri, Sep 13th, 2024 by Saurenergy President of India, Droupadi Murmu, has approved the government’s plan to award Viability Gap Funding (VGF) to boost offshore wind projects in India. The Ministry of New and Renewable Energy (MNRE), in its latest notification, stated that it has received approval for the plan. With the President’s sanction, India is now set to provide VGF […] Read more
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
India Added 9 GW Of New Renewable Capacities Since April 2024 Updated On Wed, Sep 11th, 2024 by Saurenergy India’s renewable energy capacity reached 152.65 GW by the end of August 2024, according to the latest data from the Ministry of New and Renewable Energy (MNRE). The data highlights new solar and wind energy project additions during the month. In August alone, India added 2,224 MW (2.22 GW) of solar capacity and 116.9 MW […] Read more
