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What The Renewable Industry Expects From Union Budget? 

Days ahead of the Union Budget 2024, the Indian renewable energy companies have pinned their hopes on the event. A number of green companies have shared their expectations from the budget. Several of them batted for attention of better taxation regime, working on the hurdles for the green companies and suggested several means that can […]

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MNRE Releases Rules For Solar Module, Inverter Enlistment Under PM Surya Ghar

The government introduced the PM-Surya Ghar Yojna this year to boost rooftop solar adoption. In tandem, it established eligibility criteria for solar module enlistment under the same initiative. The key criteria included, The policy set laid down that the module must be enlisted as a star rating of a minimum of three stars under star […]

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PM Surya Ghar: MNRE Proposes Rating Of Rooftop Solar Vendors

The Ministry of New and Renewable (MNRE) today published the draft guidelines under the newly announced PM Surya Ghar Muft Bijli Yojana. The new draft norms proposed the concept of rating the vendors installing rooftop solar systems for the residential consumers. The ministry said that the vendors would be rated based on the feedback of […]

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Cabinet Approves PM-Surya Ghar: Muft Bijli Yojana For Rooftop Solar

The Union Cabinet, chaired by PM Narendra Modi, has approved PM-Surya Ghar: Muft Bijli Yojana with a total outlay of Rs.75,021 crore. This policy seeks to install rooftop solar and provide free electricity to up to 300 units every month for one crore households. The PM launched the scheme on 13th February. Some of the […]

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COVER STORY: Increased Govt Thrust Set To Give Rooftop Solar Financing A Fillip

Days after the announcement of PM Suryodaya Yojana on January 22, its impact was felt in different parts of the country. Several states, ministries, energy regulators and companies seem to be in a race to enable faster adoption of rooftop solar.  Union Minister for New and Renewable Energy already announced increasing subsidies for residential rooftop […]

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MNRE Increases Subsidy For New Residential Solar Rooftop Consumers

The Ministry of New and Renewable Energy (MNRE) announced an increase in the Central Financial Assistance (CFA) under the rooftop solar scheme (Phase-II) for different categories of residential consumers. The ministry said that the new rates will be applicable for projects undertaken either through the tender mode or through applications received through the National portal […]

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Gujarat Tops In Residential Rooftop Programme: Govt Data    

A recent data from the Lok Sabha on Residential Rooftop Solar Systems indicated that India had garnered a total of 2.1 GW of solar power through the residential rooftop solar scheme of the Union government in Phase II of the programme. MNRE Minister RK Singh shared the data during his written reply before the House. […]

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Solar EPC: After Strong 2022, Industry Looks Ahead To Continuity in 2023

The Indian Solar EPC market looked good in the year gone-by as several EPC projects, both government and private, took off in 2022. Interestingly, even as large EPC firms with a global footprint like Sterling and Wilson Renewable Energy struggled with projects where they were on the hook for fixed price contracts, bearing heavy losses, […]

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MNRE Hikes Rooftop Solar Subsidy For Residential Category in Hilly, NE States

In an order communicated via an Office memorandum on January 27, the Ministry of New and Renewable Energy (MNRE) has hiked the Central Financial Assistance (CFA) for installation of Rooftop Solar (RTS) in the residential sector across India. The Programme is being implemented by DISCOMs/State Implementing Agencies. Responding to what it termed representations received from […]

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