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KUSUM Scheme Expanded in new Budget to Cover 20 Lakh Farmers

Finance Minister Nirmala Sitharaman has announced the expansion of PM KUSUM Scheme under which 20 lakh farmers will now be provided with funds to set up standalone solar pumps. Finance Minister Nirmala Sitharaman on February 1, 2019, while presenting the latest budget has announced the expansion of Pradhan Mantri Kisan Urja Suraksha Utthan Mahabhiyan (PM […]

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Budget 2020 and Renewables. An Evolving Story

In the longest budget speech in history, the Finance Minister , Ms Nirmala Sitharaman managed to find a mention of the renewable sector, especially solar, at the beginning, middle and end, as it turned out. While the mention in the beginning was for the energy needs of farmers and the role of solar power, the […]

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Energy Storage Industry Sees New Opportunities in Sitharaman’s Budget 2020

Welcoming the Finance Minister Nirmala Sitharaman’s Union Budget 2020, which was tabled in the parliament today, the energy storage industry body India Energy Storage Alliance (IESA) has sought numerous opportunities in this year’s Budget for the energy storage sector. From Sitharaman’s second Union Budget, the energy storage industry analyzed that it will not only provide […]

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Tender for 14 MW Solar With 42 MWh BESS Issued in Leh and Kargil

SECI has issued an RfS for setting up of 14 MW solar power plants with 42 MWh Battery Energy Storage Systems in Leh and Kargil The Solar Energy Corporation of India (SECI) has issued a Request for Selection (RfS) for setting up of 14 MW solar power plants with 42 MWh Battery Energy Storage Systems […]

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SECI Issues NIT for 5000 MW Power From Renewable and Thermal Sources

SECI has issued an NIT for the procurement of 5000 MW power on the Round-The-Clock basis, from renewable energy projects, complemented with thermal power. The Solar Energy Corporation of India (SECI) has issued a Notice Inviting Tender (NIT) for the procurement of 5000 MW power on Round-The-Clock based, from renewable energy projects, complemented with thermal […]

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Greenko, ReNew Power win SECI’s 1.2 GW Hybrid Plus Storage Tender

Greenko Group and ReNew Power have won with their bids in SECI’s 1.2 GW wind-solar hybrid projects with energy storage tender and peak power supply. The Greenko Group and ReNew Power have won with their bids in the Solar Energy Corporation of India’s (SECI) 1.2 GW wind-solar hybrid power projects with energy storage tender and […]

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India Sets Sight for 450 GW RE Capacity by 2030: President Kovind

India has embarked on an ambitious target of having 450 GW of renewable energy by 2030 to capitalise on its clean resources, President Ram Nath Kovind said India has embarked on an ambitious target of having 450 GW of renewable energy by 2030 and also provide 17 lakh solar pumps to farmers under Pradhan Mantri-Kusum […]

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Budget 2020: Solar Industry Seeks Policy Reforms for Ease of Doing Biz

With the release of the Economic Survey 2020 today, by the Chief Economic Adviser Krishnamurthy V Subramanian, which is the reflection of the Modi 2.0 government’s annual report card, all eyes are on the Finance Minister Nirmala Sitharaman’s Budget 2020 presentation on February 01, 2020. In Budget this year, Finance Minister Sitharaman is likely to […]

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Capstone Infrastructure Acquires 51% Stake in 132 MW Solar Project

Capstone Infrastructure has announced that it has successfully acquired a 51 percent interest in the 132 MW Claresholm Solar Project from Perimeter Solar. Capstone Infrastructure Corporation has announced that it has successfully acquired a 51 percent interest in the 132 MW Claresholm Solar Project from Perimeter Solar Inc. The remaining 49 percent interest is indirectly […]

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