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NTPC, Employees Contribute Rs 257.5 Cr to Combat COVID-19

NTPC has announced a contribution of Rs 257.5 crore to the PM-CARES Fund to support the fight against the spread of the novel coronavirus (COVID-19). State-run power giant NTPC has announced a contribution of Rs 257.5 crore to the PM-CARES Fund to support the fight against COVID-19. While Rs 250 crore has been given by the company, NTPC employees […]

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MNRE Issues Draft Guidelines for Installation of Innovative Stand-Alone Solar Pumps

MNRE has issued draft guidelines for the installation of innovative stand-alone solar-powered pumps under its varied schemes. The Ministry of New and Renewable Energy (MNRE) had issued updated specifications for stand-alone solar pumps in July last year. And since then it claims to have received representations from innovators claiming that by using different design/software for […]

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PFC Disburses Rs 11K Crore, Claims to be Unaffected by Lockdown

PFC has disbursed Rs 11,000 crore to finance power sector projects during the first week of lockdown till March 31 and has claimed to be unaffected by it. State-owned Power Finance Corporation (PFC) has disbursed Rs 11,000 crore to finance power sector projects during the first week of lockdown till March 31. The company claimed that the […]

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MNRE Offers Solutions for Invoicing for Renewable Energy Supplied During Lockdown

MNRE has issued a new notification, offering viable solutions for invoicing for renewable energy (RE) supplied during the ongoing lockdown The Ministry of New and Renewable Energy (MNRE) has issued a new notification to offer relief to stakeholders as the renewable energy industry grapples with the ongoing lockdown imposed to combat the spread of the […]

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Govt Provides Relief to Discoms amid Covid-19 Crisis

In a next spell of providing relief measures to the country’s ailing power sector amid lockdown due to coronavirus crisis, Power Minister RK Singh has now provided relief to power distribution companies (Discoms), with an aim to ease out their liquidity problems. The Power Ministry has approved financial relief measures for Discoms citing “due to […]

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Discoms’ Outstanding Dues to Gencos Rises 32% in January to Rs 88,311 Cr

Power producers’ total outstanding dues owed by Discoms rose nearly 32 percent to Rs 88,311 crore in January over the same month previous year. Power producers’ total outstanding dues owed by distribution firms (Discoms) rose nearly 32 percent to Rs 88,311 crore in January over the same month previous year, reflecting stress in the sector. […]

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Renewables Industry Confused due to Lack of Advisory on Coronavirus: FICCI

FICCI claims the Renewables industry in India is in a state of confusion due to the lack of advisory from ministries and departments regarding coronavirus The Federation of Indian Chambers of Commerce and Industry (FICCI) in a note has described that the Renewables industry in India is in a state of confusion regarding the next […]

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Govt Planning to Tender 20 GW of Solar Projects by June 2021: RK Singh

RK Singh has said that apart from solar projects (installed or under development) the government is planning to tender for 20 GW solar projects by June 2021 Union Minister for New and Renewable Energy RK Singh has said that as on February 29, 2020, a cumulative grid-connected solar power capacity of 35.07 GW had been […]

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1922 MW Installed Rooftop Solar Capacity in India: RK Singh

Installed rooftop solar capacity in India now stands at 1922 MW, and over Rs 1,874 crore has been released as CFA, RK Singh has informed the Parliament. The total installed rooftop solar energy capacity in India now stands at 1922 megawatt (MW), and so far over Rs 1,874 crore has been released as central financial […]

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