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
MNRE Appoints Members For Dispute Resolution Commitee For RE Projects Updated On Wed, Jan 3rd, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has now notified the names of the members of the proposed Dispute Resolution Committee (DRC). This DRC was mandated to resolve the disputes between the renewable energy developers and designated government PSUs like NTPC, SJVN, NHPC, and SECI, among others. As per the new notification, three retired IAS officers–M […] Read more
MHI Extends PLI Scheme For Automobile and Auto Components By A Year Updated On Tue, Jan 2nd, 2024 by Saurenergy The Ministry of Heavy Industries (MHI) in its gazette notification announced an extension of the tenure of the Production Linked Incentive Scheme (PLI) for Automobile and Auto Components by one year. This decision was made after receiving the approval of the Empowered Group of Secretaries (EGoS). Auto manufacturing remains the core of India’s manufacturing base, […] Read more
ESMAP, World Bank Report Make Case For Energy-Plus Storage In India Updated On Fri, Dec 29th, 2023 by Saurenergy A recent report from the World Bank on energy storage program, introduced a framework for addressing intermittency challenges in solar and wind energy. The proposed solution involves integrating battery energy storage to manage variable energy output effectively. This report is by the Energy Management Assessment Program (EMAP) in collaboration with the World Bank (WB), the […] Read more
MNRE Approved Bihar’s Proposal Under PM KUSUM (Comp-C): Minister Updated On Thu, Dec 28th, 2023 by Saurenergy The Ministry of New and Renewable Energy (MNRE) in its latest reply before the Parliament said that the ministry approved the proposal of Bihar under Component C of the PM-KUSUM scheme. MNRE Minister RK Singh in his written statement before the Lok Sabha said that the state had moved an application to the Centre seeking […] Read more
Offshore Wind Projects Will Need Nod From 6 Ministries, Say Govt Rules Updated On Wed, Dec 27th, 2023 by Saurenergy The Ministry of External Affairs has notified the new rules to regulate the leasing mechanism for offshore wind projects in India. The new rules are called Offshore Wind Energy Lease Rules, 2023. The new rules of the ministry said that no person or entity should install offshore wind energy projects or offshore transmission projects without […] Read more
Gujarat Hosts 30% of India’s Total Rooftop Solar Capacity: Data Updated On Tue, Dec 26th, 2023 by Saurenergy Latest data on rooftop solar, shared by Union Minister for New and Renewable Energy RK Singh claimed that 30 percent of India’s total rooftop solar capacity comes from Gujarat alone. With a total capacity of 3.17 GW of rooftop solar, the state proved to be the frontrunner in India’s rooftop solar business. The data was […] Read more
India’s RE Sector Saw FDI Equity Investment of USD 6,137.39 Mn in Last 3 Financial Years Updated On Wed, Dec 20th, 2023 by Saurenergy The Minister for New & Renewable Energy and Power, R.K. Singh, disclosed measures taken to entice Foreign Direct Investment (FDI) into India’s renewable energy sector. Currently, India’s FDI policy permits up to 100% investment in the renewable energy sector through the automatic route. According to the Department for Promotion of Industry and Internal Trade (DPIIT), […] Read more
Electricity Demand In India Increased 79% In Last 9 Years: RK Singh Updated On Mon, Dec 18th, 2023 by Saurenergy Union Power Minister RK Singh claimed that the electricity demand in India rose almost 79 percent in the last nine years. He shared the latest data before the Lok Sabha in his written response to a question. He said the electricity demand rose from 1,35,918 MW in 2013–14 to 2,43,271 MW in September 2023. He also […] Read more
