MNRE Benchmarks Costs for Rooftop Solar PV Tenders Updated On Fri, Aug 3rd, 2018 by Saurenergy The new costs have been drawn on the basis of inputs from the industry associations and players. Keeping in view the present situation of the auctions for solar PV projects, Ministry of New and Renewable Energy (MNRE) has worked out benchmark costs for the rooftop solar PV tenders ranging up to 500 kWp. The new […] Read more
Farmers Get Subsidy up to 30% for Installing Solar Water Pumps: MNRE Updated On Fri, Aug 3rd, 2018 by Saurenergy Till now over 1.85 lakh solar water pumps have been reported installed in the country under the MNRE Programme. In a written reply to a question in Lok Sabha, Union Minister of State (IC) Power and New & Renewable Energy (MNRE), R K Singh mentioned that the ministry is providing subsidy up to 30% of […] Read more
India’s Report to UNFCCC Claims 175 GW of Green Energy by 2022 Updated On Fri, Aug 3rd, 2018 by Saurenergy India has claimed of achieving new target of about 40 percent cumulative electric power installed capacity from non-fossil fuel based green energy resources by 2030. In the report of Nationally Determined Contributions (NDCs) submitted to the United Nations Framework Convention on Climate Change (UNFCCC) under Paris Climate Agreement, India has claimed of achieving new target […] Read more
Government Plans New Subsidy Policy to Foster Electric Vehicles Updated On Thu, Aug 2nd, 2018 by Saurenergy The electric vehicles policy would be initiated at a smaller scale initially to let the automobile industry cope with the transition. Promoting the use of electric vehicles (EV), the government is planning to roll out a fresh policy that would regulate minimum subsidy on the segment. The policy would be initiated at a smaller scale […] Read more
Electricity to farmers through renewable energy sources Updated On Thu, Aug 2nd, 2018 by Saurenergy The Ministry of New & Renewable Energy (MNRE) is providing subsidy up to 30% of the benchmark cost of the solar water pumps to the farmers under Off-grid and Decentralized Solar PV Applications Programme. Till date over 1.85 lakh solar water pumps have been reported installed in the country under the Programme. The Ministry of […] Read more
NUSRL becomes First Law University to Use Solar Energy Updated On Tue, Jul 31st, 2018 by Saurenergy From August 1, 2018, the varsity’s Girls’ and Boys’ hostel of NUSRL would be completely powered by the solar panels which will be inaugurated on the orientation ceremony for the next batch of the university. National University of Study and Research in Law (NUSRL), Jharkhand has become the first law university in the country to […] Read more
Sale of ‘Reliance Energy’ to Adani Transmission Next Week: RInfra Updated On Mon, Jul 30th, 2018 by Saurenergy The Definitive Binding Agreement for the Rs. 18,800 crore ‘Reliance Energy’ deal between RInfra and ADL was signed in December 2017. India’s leading infrastructure player, Reliance Infrastructure (RInfra) declares completion of sale of its Mumbai based power distribution firm ‘Reliance Energy’ to Adani Transmission (ADL) by next week. The Definitive Binding Agreement for the […] Read more
Around 69,784 MW of renewable energy capacity has been installed in the country as on 31.03.2018 Updated On Mon, Jul 30th, 2018 by Saurenergy Renewable energy installations in the country are progressively increasing and do not appear to be facing any major challenges Renewable energy sector in India is attracting companies from across the world In the year 2016-17, aggregate capacity of around 11,322 MW of renewable energy was installed in the country, and in year 2017-18, aggregate capacity […] Read more
Solar Industry Seeks Clear GST Rates on Solar Projects Updated On Mon, Jul 30th, 2018 by Saurenergy The solar industry association has written to the authorities after the Authority for Advance Rulings (AAR) upheld the rate to be at 18 percent and not 5 percent GST rates on Solar Projects. Solar Power Developers Association (SPDA) has sought clarity on the GST rates on solar projects from the solar policy makers, including important […] Read more