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Ministry of Power

Over Rs. 71,200 crore sanctioned for Renewable Energy Sector by Banks & NBFCs since February, 2015

Banks & Non-Banking Financial Companies (NBFCs) have sanctioned over Rs. 71,201.54 crore to finance various renewable energy projects and disbursed Rs. 29,529.57 crore against the sanctioned amount since February 2015 till 21 March, 2016. During RE-INVEST 2015, 40 major Banks and Non-Banking Financial Companies (NBFCs) committed to provide debt funding to Renewable Energy Projects aggregating […]

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People in Himachal Pradesh can now access solar energy at 70% subsidy

People in Himachal Pradesh can now access solar energy at 70 per cent subsidy. As per the guidelines of the Ministry of New and Renewable Energy (MNRE) people opting for grid connected rooftop solar panels/power plant will be given 70 per cent subsidy. The surplus power produced by rooftop solar panels/power plant can be sold […]

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Piyush Goyal to launch schemes for distribution of energy efficient pumps & fans in Andhra Pradesh

Power, Coal and New & Renewable Energy minister Piyush Goyal, along with Chief Minister of Andhra Pradesh N. Chandrababu Naidu, will launch two schemes namely National Energy Efficient Agriculture Pumps Programme and National Energy Efficient Fan Programme in Vijayawada , Andhra Pradesh on Thursday. These Schemes will be implemented by Energy Efficiency Services Limited ( EESL) . […]

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Henkel India to provide electricity to villages in Maharashtra installing solar panels

Henkel Adhesive Technologies India Private Limited a fully owned subsidiary of Henkel AG & Co. KGaA has embarked upon its CSR project ‘Lighting Lives’. The project aims to provide electricity to villages in Maharashtra by installing solar panels and is in line with the global Sustainability Strategy for 2030. Finance Minister Arun Jaitley in his […]

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MSMEs and SSI sought for separate electricity tariff, urges for solar use

Micro, Small and Medium Enterprises (MSME) and Small Scale Industries (SSI) are seeking for separate electricity tariff. Both MSMEs and SSIs have detailed their presentation before Karnataka Electricity Regulatory Commission (KERC) last week. MSME associations jointly organizing an awareness programme in Karnataka on ‘Roof Top Solar Power Generation’ to encourage the SMEs and SSIs to […]

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India on track for 20GW Goal from Indian Large-Scale Solar Pipeline – MNRE

Ministry of New and Renewable Energy(MNRE) reports that it has accumulated six new projects to its accredited solar parks, which will now create 33 parks across 21 states, with an aggregate PV capacity of 19.9 GW. The promising spur of the Indian National Solar Mission (NSM) has underlined another milestone closer towards a revised 175 […]

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Solar to operate the complete Vizag Port from March

After all the fizz, chairman M T Krishna Babu clarifies that the Vizag port of Andhra Pradesh will run its entire operations on solar power from next month. Visakhapatnam Port Trust has already commissioned 2 MW solar capacity and will add another 8 MW by March 20, he said at a roadshow here ahead of […]

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MNRE benchmarks Cost for Solar equipment to induce efficient energy

The Ministry of New and Renewable Energy has proposed an upward revision of the benchmark cost of the Concentrating Solar Thermal (CST) Technologies Programme to spur efficient energy in the country. According to the changes, the benchmark cost will be related to performance efficiency in design and manufacturing of solar thermal power systems so that […]

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CSE Claims about the Lack of Interest in Solar Thermal of India

With an end goal to comprehend why the solar thermal power division has not been empowered for power generation and other applications, Centre of Science and Environment (CSE) sorted out a conference recently, on the titled ‘The forgotten solar: Solar thermal and its development’. According to CSE report, states of concentrated solar in India, which […]

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