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IREDA Crosses Highest Annual Loan & Sanction Loan Disbursement for Renewable Energy Projects

Mini-ratna CPSE Indian Renewable Energy Development Agency Ltd (IREDA) has revealed that it has crossed the highest annual loan disbursement of Rs.16,071 crores (loan disbursement in FY 2021-22) in the history of the firm for the Financial Year 2022-23. IREDA shared that it exceeded the historical mark and touched loan disbursement of Rs. 16,320 crores. […]

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New ALMM Guidelines for Solar Modules Under Co-branded Agreement

Introduced with an aim to give an impetus to domestic manufacturing, the mandate of Approved List of Models and Manufacturers (ALMM) is a list of models and manufacturers of solar modules that have received an approval from the MNRE (Ministry of New and Renewable Energy) for solar projects in India. Only the (domestic) manufacturers in […]

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NTPC Invites Bids for Power Evacuation Pkg-I Under Development of 755 MW Solar Park

India’s largest energy conglomerate NTPC has issued a tender for power evacuation package-I under development of 755 MW GVREL Solar Park at Tilaiya and Panchet Reservoir, DVC. The Green Valley Renewable Energy Limited (GVREL) Solar Park is a joint venture between NTPC Renewable Energy Limited and Damodar Valley Corporation. The EMD cost is INR 20000000. […]

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Eight Solar Parks with 4995 MW Capacity in Bundelkhand Get Green Signal

MNRE Minister R.K. Singh revealed in the Lok Sabha today that eight solar parks with a cumulative of 4995 MW have been approved in the Bundelkhand region. This has been done with an aim to enhance the generation of solar energy. The solar parks that have been approved entail the Jalaun Solar Park for 1200 […]

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Wind Energy Generation to Surge 4-5 Times on Policy Tailwinds: CRISIL Report

According to a report by CRISIL, the Ministry of New and Renewable Energy has introduced positive policy changes that could lead to a 6–8 GW annual increase in wind capacity starting in fiscal 2026. This would be four times the growth of 1.6 GW seen in the past five fiscal years, which was driven by […]

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GUVNL Tender For Procurement Of 500 MW Wind Power

Gujarat Urja Vikas Nigam (GUVNL) has issued tender inviting bids to procure green power from 500 MW of grid-connected wind projects (Phase V) with a greenshoe option of an additional capacity of up to 500 MW. GUVNL has kept the last day of bid submission on April 11, 2023 and the bids will be opened […]

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Solar Waste Recycling: An Opportunity For India

The Ministry of New and Renewable Energy (MNRE) has added the solar modules and solar cells under the e-Waste Management Rules 2022 thereby fixing responsibility of the producers in terms of storing solar industry waste, filing regular returns, disclosing the panel and cell inventory separately and complying with the CPCB guidelines. The move is widely […]

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India Adds Just 487 MW of Solar Capacity in February 2023

As per the latest figures of installed capacity of renewable energy released by the CEA (Central Electricity Authority), India’s solar capacity rose to a little over 64380 MW as on February 28, 2023. In January 2023, the total solar power capacity stood at a little more than 63893 MW. Thus, over the span of a […]

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