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Climbing Stairs: for Indian Rooftop Industry

India has diligently stepped-forward to ply across the cross roads of innovation. Today, India houses one of the biggest tech companies in the world has turned heads. But still, to all the innovations, India has been prolonging on the growing power demands. Not scathing 100 GigaWatt(GW) rather democratized dialogue on 40GW of rooftop seems to […]

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RK Singh asks Battery Makers to Set-up Units in India; Assures all Possible Support

The future bids will be for solar/ wind hybrid coupled with storage, says Singh. The Union Minister of Power and New & Renewable Energy R. K. Singh held talks with battery manufacturers and discussed with them about the creation of an ecosystem for incentivising battery manufacturing in India. During talks, the Minister exhorted the industry […]

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Government making efforts to reduce dependence on traditional biomass cooking

36,940 family type and 849 community type improved cook stoves distributed under the Unnat Chulha Abhiyan About 7.05 lakh solar cookers distributed/sold through the State Governments 3.45 crore LPG connection given under Pradhan Mantri Ujjwala Yojana As per Census 2011, about 65.9 per cent of households depend on solid biomass, including firewood, crop residue and […]

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Govt Shifts 2nd Global RE-Invest from April to Q3 2018

The event was earlier scheduled from 19th to 21st April 2018 at the India Expo Mart, Greater Noida, National Capital Region (NCR) of Delhi. The New and Renewable Energy Ministry (MNRE) has postponed the 2nd Global RE-Invest India-ISA Partnership Renewable Energy Investors Meet & Expo to the third quarter of 2018, on the back of logistical […]

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Policy measures for promotion of new & renewable energy

Total capacity of 65 GW renewable energy installed in the country so far The Government of India has undertaken a number of policy measures for increasing share of renewable energy in India’s energy mix. These, inter-alia, include: a) Provision of Renewable Purchase Obligation (RPO) under the National Tariff Policy; b) Notification of the long term […]

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UP’s Biggest Solar Power Plant Sets up via Transparent Auction: Govt

The plant, built at a cost of around Rs 528 crore, will generate 13 crore units of electricity per annum. The government said the biggest solar power plant in the state of Uttar Pradesh (UP) has been set up via a transparent bidding process under the solar park scheme of the Ministry of New and […]

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70% Safeguard Duty on Solar to Dampen Investor Sentiment: Par Panel

Custom Duty on Solar Cells/Modules/Panels should not be levied and they should continue to enjoy exemption from custom duty as before. Safeguard Duty should not be of the tune (70 per cent) that will hamper our own programme and it should not affect the bids which have already taken pace, panel has said. A Parliamentary […]

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IREDA & European Investment Bank sign Euro 150 million Loan Agreement for Renewable Energy Financing in India

More than 1 million Indian households to benefit from the new initiative EIB has extended this line of credit without insisting for sovereign guarantee from Government of India European Investment Bank (EIB) and Indian Renewable Energy Development Agency (IREDA) Ltd. have signed a loan agreement for a second line of credit (LoC) of Euro 150 […]

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Govt to Achieve 20 GW Solar Power Capacity in FY18, says R K Singh

As on February 28, 2018, a grid connected solar capacity of 19.58 GW has been installed and the government is very close to achieving 20GW in 2017-18 itself of the target set initially. The Union Minister of State (IC) Power and New & Renewable Energy, R K Singh has said that the government is close […]

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