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SunEdison Investing Rs 2.12 Cr for Majority Stake in two RE Firms

SunEdison Infrastructure Limited has announced that its Board has approved the majority acquisition of two RE firms. Chennai-based renewable energy company SunEdison Infrastructure Limited (SIL, formerly YKM Industries Limited) has announced that its Board has considered and approved the majority acquisition of Megamic Electronics Private Limited and Enrecover Energy Solutions Private Limited. SunEdison, which is into […]

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Interview with Manish Gupta, Managing Director, Insolation Energy Pvt Ltd

Industry Needs Some Breathing Space in Terms of Prices to Grow   Cost of module is really the toughest part of the business. We have maintained low prices despite an increase in RM cost. We are managing by increasing the capacity so that fixed costs are reduced and by high volume procurement we have been […]

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Interview with Sanjeev Dakshini, Chairman, Raydean Industries

Albeit India has seen significant growth in solar industry but as a contributor we feel that lack of application oriented approach and low government support to indigenous technological advancements are major hindrances in matching the potential today, believes Sanjeev Dakshini, Chairman, Raydean Industries, the Jaipur-headquartered solar module mounting structures (MMS) manufacturer. In conversation with Manu […]

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MNRE Warns Public Against Fraudulent Websites Under KUSUM Scheme

MNRE warns public against fake websites under the KUSUM scheme. The Ministry of New and Renewable Energy (MNRE)  has in its latest advisory warned the general public against fraudulent websites for registration under the Kisan Urja Suraksha exam Utthaan Mahabhiyan (KUSUM) scheme. “It has been noticed that few websites have cropped up claiming to be […]

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Advisory to General Public : Fraudulent websites for registration under Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM) Scheme

The Government of India has recently approved scheme for farmers for installation of solar pumps and grid connected solar power plants. Administrative Approval for the scheme has been issued by the Ministry of New & Renewable Energy (MNRE) on 08.03.2019. DISCOMs and State Nodal agencies shall be implementing this scheme for which the detailed guidelines will be issued […]

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CCEA Approves Launch of Rs 34,422 Crore KUSUM Scheme

The total central financial support provided under the scheme would be Rs. 34,422 crore. The Cabinet Committee on Economic Affairs (CCEA) has approved the launch of the Kisan Urja Suraksha evam Utthaan Mahabhiyan (KUSUM) with the objective of providing financial and water security to farmers. The proposed scheme consists of three components: Component-A: 10,000 MW […]

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Viz-A-Viz with Ashish Khanna, President, Tata Power (Renewables)

Our policymakers will have to create an effective regulatory framework for the development and installation of a widespread solar water pump network. It will be largely beneficial if our farmers are made aware of the many benefits that come along with the adoption of solar water pumps as well. Policymakers can also incentivize the use […]

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Cabinet approves launch Kisan Urja Suraksha evam Utthaan Mahabhiyan

The Cabinet Committee on Economic Affairs, chaired by Hon’ble Prime Minister Shri Narendra Modi has approved launch of Kisan Urja Suraksha evam Utthaan Mahabhiyan with the objective of providing financial and water security to farmers. The proposed scheme consists of three components: Component-A: 10,000 MW of Decentralized Ground Mounted Grid Connected Renewable Power Plants. Component-B: […]

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Dispelling the Myths About Rural Electricity in India

Rural Electricity got everyone’s attention at the WSDS 2019, with a session on availability to customer service, backed by ground research from rural India. The session titled ‘Rural Electricity access in India: Taking a leap from grid availability to customer service’ was moderated by journalist Sreenivasan Jain of NDTV, although the real anchor seemed to […]

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