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91,194 Tribal Households Electrified Under RDSS Scheme: Minister

The latest data shared by Shripad Naik, Minister of State (MoS) for New and Renewable Energy, revealed that 91,194 Particularly Vulnerable Tribal Groups (PVTG) households have been electrified to date under the Revamped Distribution Sector Scheme (RDSS). This data includes the electrification of households under the state plan in three states, namely Gujarat, Odisha, and […]

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Ladakh’s 13 GW Solar Dream Alive, Rs. 1,080 Cr Awarded For RDSS: Power Minister

Union Minister of Power and Housing and Urban Affairs, Manohar Lal, reviewed the functioning of the power and housing departments during a three-day visit to Ladakh at Leh, Union Territory (UT). The minister was also briefed on the much delayed 13 GW solar plans for Ladakh, something he duly shared with the media as well. […]

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RDSS: UP, Andhra Biggest Beneficiaries of Discom Infra Revival Funds

The latest data from the Ministry of Power claimed that Uttar Pradesh and Andhra Pradesh emerged as the biggest beneficiary of the Revamped Distribution Sector Scheme (RDSS). This scheme is meant to revive the discoms’ health by taking corrective measures with financial aid from the Union government. The data suggested that out of all the […]

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RERC Allows RDSS Facility To Rajasthan Discom’s Franchisee In Ajmer

The Rajasthan Electricity Regulatory Commission (RERC), in its latest judgment, ordered the rollout of the Revamped Distribution Sector Scheme (RDSS) for TP Ajmer Distribution Limited (TPADL) in Ajmer city. This comes after TPADL, a distribution franchisee of the Ajmer Vidyut Vitran Nigam Limited (AVVNL), moved the RERC seeking benefits of the scheme to the company. TPADL […]

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Bihar Issues Tender For Solarisizing Feeders Under RESCO Mode

The Bihar government has issued a tender inviting solar project developers to accelerate the solarisation of agricultural feeders under Component C2 of the PM-KUSUM scheme. The initiative will be implemented using the RESCO (Renewable Energy Service Company) model, in line with the state’s earlier plans. The tender was released by the Bihar State Power Generation […]

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REC Steps Up On Green Financing With 37.3% Growth In Renewable Energy Funding

REC Limited, a maharatna CPSE under the Ministry of Power and a leading NBFC, has disbursed loans worth ₹90,955 crore, up 20.10% year-on-year for the half year ended September 30, 2024. The quantum of renewable energy loans grew 92.68% year-on-year to ₹11,297 crore. Notably, the firm raised the largest ever tranche of green binds from […]

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REC Raises $500 Mn Through Green Bonds

REC Limited, a state-owned infrastructure company has raised $500 million through 5-year green bonds as part of its $10 billion Global Medium-Term Program. REC plans to use these funds to finance eligible green energy projects that qualify under its green finance framework. REC a ‘Maharatna’ company under the administrative control of the Ministry of Power, […]

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MNRE Wants Discoms To Make Rooftop Solar Payments Online

In order to further streamline the implementation of the PM Surya Ghar scheme, the Ministry of New and Renewable Energy (MNRE) has urged the states to alter the functioning of discoms. Discoms are the key offices which regulate the rooftop solar affairs in their jurisdiction. In a latest communication of the MNRE to the states, […]

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