MNRE Issues Guidelines for Decentralised Solar Plant Development Updated On Fri, Dec 13th, 2019 by Saurenergy In a bid to promote decentralized solar energy and availability of affordable and reliable solar power in rural areas of the country, the Ministry of New and Renewable Energy (MNRE) has formulated draft guidelines for the development of decentralized solar power plants. The government said that its motive behind issuing these guidelines is to provide […] Read more
India Needs Over Rs 4 Lakh Crore to Achieve 175 GW Renewable Target Updated On Thu, Dec 12th, 2019 by Saurenergy RK Singh has said that India will need an investment of approximately Rs 4 lakh crore to achieve the balance target of its 175 GW renewable target. Minister of State for New & Renewable Energy and Power, RK Singh has said that India will need an investment in the region of approximately Rs 4 lakh […] Read more
IREDA Deliberating Over $100 mn Green Window for Financing RE Projects Updated On Thu, Dec 12th, 2019 by Saurenergy IREDA is deliberating over a new USD 100 million (Rs 706 crore) green window for financing renewable energy projects, a senior official has said. The Indian Renewable Energy Development Agency (IREDA) is deliberating over a new USD 100 million (Rs 706 crore) green window for financing renewable energy projects, Ministry of New and Renewable Energy […] Read more
India Assures RE Developers of Pro-Business Policies at COP 25 Updated On Wed, Dec 11th, 2019 by Saurenergy The government of India has assured RE developers that they will be provided with a more business-friendly environment in India The government of India has assured renewable energy (RE) developers that they will be provided with a more business-friendly environment in India with an introduction and better implementation of policies like the payment security mechanism […] Read more
MNRE Makes Few Amendments in Provisions for DRC Updated On Tue, Dec 10th, 2019 by Saurenergy The Ministry of New & Renewable Energy (MNRE) has made few amendments in the existing provisions for the Dispute Resolution Mechanism under which disputes are considered between solar/ wind power developers and SECl/ NTPC. The amendment has been made w.r.t. fee payable in case of extension of dispute time. As per the ministry notification, all […] Read more
MNRE Issues New List of DRC Members Updated On Tue, Dec 10th, 2019 by Saurenergy The Ministry of New and Renewable Energy (MNRE) on Monday has issued a new list of the members of Dispute Resolution Committee (DRC). The move came after the resignation of Anil Swarup, who is the former Coal Secretary/ School Edn. Secretary, Ex-IAS, UP: 1981, from the Dispute Resolution Committee. Now, P. K. Basu, former Agriculture […] Read more
India Calls for Faster Expansion of ISA at COP 25 Updated On Tue, Dec 10th, 2019 by Saurenergy Prakash Javadekar at the COP 25 summit has stressed that more and more countries should join the ISA and that there is a need to speed up this alliance Union Environment Minister Prakash Javadekar stressed on his point that more and more countries should join the International Solar Alliance (ISA) to reduce dependence on fossil fuels to meet their […] Read more
MNRE Missing Yearly RE Targets, 175 GW by 2022 in Danger: Parliamentary Panel Updated On Mon, Dec 9th, 2019 by Saurenergy MNRE has continuously failed to achieve its yearly targets of clean energy capacity addition, which may hamper the mission of having 175 GW of RE by 2022. The Ministry of New and Renewable Energy (MNRE) has continuously failed to achieve its yearly targets of clean energy capacity addition, which may hamper the mission of having 175 […] Read more
India Extends LOCs for two Solar Projects in Guinea Updated On Fri, Dec 6th, 2019 by Saurenergy India has extended Line of Credits for two solar projects in Guinea. The development of solar projects reflected Guinea’s commitment to ISA. India has extended Line of Credits for two solar projects in Guinea. The agreements were exchanged in the presence of External Affairs Minister S Jaishankar and his Guinean counterpart Mamadi Toure. The two countries […] Read more
