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PLI Scheme

Maharashtra Discom To Get Solar Energy At Rs 3.30/Unit Under Rural Solar Scheme

  The Maharashtra State Electricity Distribution Company Limited (MSEDCL) is now all set to procure 150 Megawatt (MW) of solar power on a long-term basis under the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) at the rate of Rs 3.30 per unit.  The Maharashtra Electricity Regulatory Commission (MERC) also approved these rates recently. The scheme allows farmers or […]

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MNRE Orders 80% Reduction In Application Fees Under ALMM 

In its latest notification, the Ministry of New and Renewable Energy (MNRE) ordered a sharp reduction of up to 80 percent in application fees under the Approved List of Models and Manufacturers (ALMM) scheme. The order, however, did not give any relaxation to companies having manufacturing facilities in non-SAARC countries in inspection fees.  A media […]

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“Market coupling can help to create a more integrated and efficient Indian electricity market” Prabhajit Sarkar, PXIL

Power Exchange India Limited (PXIL), launched in 2008, is India’s first institutionally promoted Power Exchange promoted by NSE (National Stock Exchange of India Ltd.) & NCDEX (National Commodity and Derivatives Exchange). As the Managing Director & CEO of PXIL since May 2018, Prabhajit Kumar Sarkar has turned around PXIL into a profitable and fast-growing organisation. […]

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Solar PLI Tranche 2 Allocations Released, 48 GW Of Domestic Manufacturing Capacity By 2025-26

The government of India has allocated 39600 MW of domestic Solar PV module manufacturing capacity under PLI (Tranche-II), or the Solar PLI scheme to incentivise domestic manufacturing. The PLI or Performance Linked Incentive scheme offers financial incentives to manufacturers for meeting specific milestones in sales, linked indirectly to capacity creation. The PLI (Tranche-II) is expected […]

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CREST (Chandigarh) Invites Applications for Free Rooftop Solar Power Unit

The CEO of Chandigarh Renewable Energy, Science & Technology Promotion Society (CREST) Debendra Dalai has said applications are invited for free rooftop solar power unit. The last date is March 31. Rooftop solar power units that are free of cost will be provided on a first come, first served basis. Online forms can be accessed […]

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Startup on Smart Grid Applications Probus Smart Things Raises $3 Mn

Probus Smart Things, a startup on IoT communications and data analytics focused on smart grid applications has raised $3 million. Unicorn India Ventures and Family Office from the US lent support to the startup to raise this amount. The round also saw participation from existing investors. Unicorn India Ventures is a Mumbai-based early stage fund […]

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India’s Solar Self Sufficiency Dreams Move Ahead With Solar PLI II Bids

Confirmations on the bidders for the phase 2  solar PLI (Performance Linked Incentives) scheme of the government are in, with Reliance Industries Limited (RIL), leading a host of companies that have bid for a slice of the incentives. In the guidelines for the second phase of the solar PLI scheme where Rs 19,000 crore has […]

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ISA & UNDP Launch Pilot Projects on Scaling Solar Applications

International Solar Alliance and United Nations Development Programme (UNDP) have announced the launch of pilot projects on Scaling Solar Applications for Agriculture Use (SSAAU), in ten African ISA member countries: Benin, Democratic Republic of Congo, Mali, Niger, Republic of Sudan, Senegal, South Sudan, Togo, Tuvalu, and Uganda. The programme is set to be implemented over […]

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“There is no scheme for ore-refining, converting them into cathode materials” Rajat Verma, CEO & Founder, Lohum

Powering next-gen li-ion battery mobility and energy solutions, making second lives for batteries a reality through reuse technology, and lithium ion battery recycling, Lohum is proving to be a gamechanger in the battery recycling and repurposing space. Rajat Verma, CEO & Founder, Lohum, offers insights into the battery recycling industry, providing an overview into the […]

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