MNRE’s Rs 175.87 Cr RE Research and Technology Development Programme Renewed Updated On Fri, Feb 22nd, 2019 by Saurenergy The President of India has given his approval for the continuation of the Renewable Energy Research and Technology Development (RETD) program of the Ministry of New and Renewable Energy (MNRE) for implementation during 2017-18 and 2019-20 at the cost of Rs 175.87 crore. The scheme aims at scaling up R&D effort for “Renewable Energy Research […] Read more
Viz-A-Viz with Neelesh Garg, Director | Saatvik Green Energy Updated On Thu, Feb 21st, 2019 by Saurenergy Sustainability of the Industry is in Question I feel its unhealthy competition, which is driving the entire industry into a black hole. It starts right from the developers, to goes down till the manufacturer of small components. Sustainability of the industry is in question, because if people start using sub-standard products to match the cost, […] Read more
World Bank’s IFC to Invest $75 Mn in AC Energy’s Green Bond Updated On Thu, Feb 21st, 2019 by Saurenergy The proceeds from the AC Energy green bonds will be used to finance the company’s plans for up to 5GW of renewable energy projects in East Asia and Pacific. IFC, a member of the World Bank Group, will invest $75 million in the first-ever listed green bond issued by AC Energy Finance International Limited and […] Read more
NTPC Invites Applications For Enlistment of Wind Energy Developers Updated On Thu, Feb 21st, 2019 by Saurenergy The last date for application submission is February 27, 2019. NTPC Ltd. has issued a Notice Inviting Applications (NIA), inviting bids from eligible bidders for the enlistment of Wind Energy Projects (WEP) anywhere in India of NTPC. The brief scope of work for enlisted wind energy developers will include, the design, engineering, micro-siting, manufacture, supply, […] Read more
The URGE for “Li” Vault Updated On Wed, Feb 20th, 2019 by Saurenergy Nowadays, power storage has become vital on the back of its rapid response even at the time of peak demand, as most of the power storage technologies began transmitting power back to the grid within milliseconds. Moreover, storage technologies not only help in bolstering the use of electric vehicles but also help in reducing carbon […] Read more
CCEA Approves Launch of Rs 34,422 Crore KUSUM Scheme Updated On Wed, Feb 20th, 2019 by Saurenergy 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 […] Read more
Cabinet approves launch Kisan Urja Suraksha evam Utthaan Mahabhiyan Updated On Tue, Feb 19th, 2019 by Saurenergy 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: […] Read more
Rs 3,584 Crore Released For RE Schemes in FY 2018-19: R K Singh Updated On Wed, Feb 13th, 2019 by Saurenergy A total of 74.79 GW of renewable energy capacity had been installed in the country at the end of December 2018. The government has released Rs 3,584.08 crore as Central Financial Assistance (CFA) for implementing renewable energy schemes by the Ministry of New and Renewable Energy (MNRE) in the financial year 2018-19 so far, power and renewable energy minister R […] Read more
MNRE Issues Notice With Amendments For 2 NISE Tenders Updated On Wed, Feb 13th, 2019 by Saurenergy The last date for bid submissions on the two tenders is February 25, 2019, and February 18, 2019. The National Institute of Solar Energy (NISE), has issued corrigendum with amendments to two of its tenders. NISE, an autonomous institute under the Ministry of New and Renewable Energy (MNRE), had previously issued two tenders for setting […] Read more