MNRE Extends Deadline for Comments on Draft Standards for Utility Grid Inverters till May 7 Updated On Thu, Apr 30th, 2020 by Saurenergy In continuation of providing time extension for various schemes, the Ministry of New and Renewable Energy (MNRE) has now extended the deadline for submission of comments and suggestions by the industry stakeholders on the draft standards for utility grid inverters till May 07, 2020. MNRE has written to all experts and related industry stakeholders informing […] Read more
Is Solar Market At Risk of Shutting Out Competition? Updated On Wed, Apr 29th, 2020 by Saurenergy With the Coronavirus pandemic taking a heavy toll on renewable players also, it is interesting to see how the market is panning out in India. No one could have missed the frenetic efforts by the Ministry of new and Renewable Energy (MNRE), under whom the sector falls, to ensure obstacles are removed. And obstacles have […] Read more
Discoms’ Dues to Gencos Surges 31% to Rs 92,674 Cr in Feb Updated On Tue, Apr 28th, 2020 by Saurenergy The outstanding dues of power distribution companies (Discoms) to power generation companies (Gencos) grew by 31.1 percent to Rs 92,674 crore in February 2020, which reflected the continued stress in the power sector. As per the Government of India’s PRAAPTI portal (Payment Ratification And Analysis in Power procurement for bringing Transparency in Invoicing of generators), Discoms […] Read more
MNRE Asks All RE Stakeholders to Align Activities in Compliance With ALMM Order Updated On Tue, Apr 28th, 2020 by Saurenergy MNRE has issued a new directive to all RE stakeholders to align their activities in order to comply with for strict compliance with the order regarding ALMM Earlier this month, the Ministry of New and Renewable Energy (MNRE) had extended the deadline for the approved list of models and manufacturers (ALMM) i.e. both List-I for […] Read more
MNRE Has A New Secretary, Indu Shekhar Chaturvedi Updated On Sun, Apr 26th, 2020 by Saurenergy Indu Shekhar Chaturvedi, a 1987 batch IAS (Indian administrative service) officer of the Jharkhand cadre, has been appointed as the new secretary of the Ministry of New and Renewable Energy (MNRE). Mr Chaturvedi will take over from Anand Kumar, himself an IAS from the 1984 Kerala cadre. Mr Chaturvedi was earlier the Additional Chief Secretary […] Read more
MNRE Extends Off-Grid & Decentralised Solar PV Applications Programme Phase-III Updated On Sat, Apr 25th, 2020 by Saurenergy In a next spell of extensions, the Ministry of New and Renewable Energy (MNRE) has extended the third phase of off-grid and decentralized solar photovoltaic (PV) applications programme till FY20-21. The Ministry further instructed that “the implementation agencies will continue to implement the scheme as per the approved guidelines dated 07-08-2018 and amendments thereof.” However, […] Read more
58.1 GW of Renewables Added Since 2014, FDI Reaches $6.1 Bn Updated On Fri, Apr 24th, 2020 by Saurenergy During the last 6 years, the cumulative renewables installed capacity has grown by about 72 percent to 138.9 GW, receiving USD 6.1 billion in FDI The Union Minister of Power and New and Renewable Energy RK Singh has said that during the last 6 years, the cumulative renewables installed capacity in the country has grown […] Read more
NHPC Raises Rs 750 Cr at 0.30% Lower Rate for 10 Yrs Updated On Thu, Apr 23rd, 2020 by Saurenergy State-owned NHPC Ltd has raised Rs 750 crore on Thursday through the private placement of bonds at a very competitive interest rate of 6.80 percent per annum. Further, the company has raised the loan amount for a period of 10 years. Its coupon rate is 6.80 percent, which is lowest in the current fiscal and […] Read more
Our Door is Open for All Kinds of Technologies: Dinesh Jagdale Updated On Thu, Apr 23rd, 2020 by Saurenergy BY emphasizing on the use of clean energy, Ministry of New and Renewable Energy (MNRE), Joint Secretary, Dinesh Jagdale said that India’s door is open for all kinds of technologies and we have to move from Power to Energy. While speaking at the web conference, Jagdale said that “MNRE is promoting and leading a conducive […] Read more
