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Renewable energy is a key to Energy Security in the future: Piyush Goyal

Power, Coal, New & Renewable Energy and Mines, Minister Piyush Goyal at ‘Energy Conclave, 2016 – Securing India’s Green Future’ noted that India has its own developmental imperatives in the near future, hence it cannot shun the use of fossil fuels completely from its energy basket. He said it is important to strike a balance […]

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Azure Power Ties up with Overseas Private Investment Corporation (OPIC)

Azure Power has announced that it has partnered with U.S. Government’s development finance institution- Overseas Private Investment Corporation (OPIC) for long-term low-cost debt financing facility of USD 20 million for 15 years at a cost of capital of 4.74%. The company will utilize the load to construct 19 MW new solar rooftop projects across multiple […]

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Power sector is focusing on distributed energy production: Piyush Goyal

Piyush Goyal, Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines addressing a media event informed that Coal India has set a target to replace about 15 million tons of imported coal with indigenous coal in the next six months. On sideline of the event he said “apart from shifting […]

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MNRE amends new guideline for selection of 3000 MW Grid connected solar PV power projects

The Ministry of New and Renewable Energy has brought new amendment to the guideline for selection of 3000 MW Grid connected Solar PV Power Projects under NSM, Phase-II, Batch-II. The Section 3.5 stands modified as follows: Existing  provision Modified provision 3.5 Qualification Criteria for Short-Listing of Bids/ Projects A. Financial Criteria Infusion: Minimum paid up share […]

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MNRE Inviting Comments on National Lab Policy for Renewable Energy Sector

Early this year in July the Ministry of New and Renewable Energy (MNRE) started marking the final seal on a national lab policy to set norms for standardization, testing and certification of renewable energy related products in India, and also define the infrastructure required for the testing centres. We reported that the draft policy document […]

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KSEB commissions 1.25 MW solar power project at Edayar

The successful commissioning of Cochin International Airport Limited (CIAL) in generating enough solar power to operate the airport, the Kerala State Electricity Board’s (KSEB) solar power project on the campus of the 110 KV substation at Edayar is in the verge of scripting a new saga. Edayar’s 1.25 MW solar power project is amongst the […]

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Canadian Solar and Recurrent Energy announces a 15-year PPA for 100 MW of solar power in California

Canadian Solar and Recurrent Energy announced a 15-year Power Purchase Agreement (PPA) for 100 MWac of solar power in California with MCE. Power from the Recurrent Energy-developed 8 solar project, located in Fresno County, California, will supply MCE with 100 MWac of clean solar electricity, which according to the company is enough to power 48,300 […]

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Hindustan Power conferred Best Solar Developer by IPPAI at Regulators and Policy Makers Retreat

Hindustan Power, India’s leading integrated power player – has been awarded the ‘Best Solar Developer’ by the Indian Power Producers Association of India” during its 17th Regulator and Policy makers Retreat. The jury comprising of Prof. S L Rao, Former Chairman, CERC; HL Bajaj, Former member, Appellate Tribunal for Electricity; Rakesh Nath, Former Member, Appellate […]

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