SUBSCRIBE NEWS LETTER

subsidy schemes

DERC New Guidelines Lays Costs On Distributors For Under 11kV Project

The Delhi Electricity Regulatory Commission (DERC) recently amended guidelines that is called Delhi Electricity Regulatory Commission (Group Net Metering and Virtual Net Metering for Renewable Energy) (Fifth Amendment) Guidelines, 2024. These guidelines are expected to come into effect from 1st April 2024 and remain in force till further amendments. The DERC’s recent notification amendment was […]

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The PM Free Solar Power Scheme- Challenges Ahead

The Pradhan Mantri Surya Ghar: Muft Bijli Yojna (PMMBY), going by the hype around it, has achieved one of its key objectives already. Perhaps no other announcement around solar has triggered the sort of coverage and expectations  like this single announcement from Prime Minister Narendra Modi to power 10 million households across India with solar […]

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MSEDCL Approves Maharashtra’s Procurement Of 7,783 MW Solar Energy

Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) recently approved the procurement of 7783 MW on a long-term basis at a tariff of Rs 2.90 to 3.10/kWh from solar generators. The commission also allows MSEDCL to procure additional power up to 2000 MW under subsequent rounds of bidding under MSKVY 2.0 subject to the condition that […]

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Centre Extends FAME-II Scheme For EVs: Report

The Centre has decided to extend the FAME-II scheme (Faster Adoption and Manufacturing Electric Vehicles) for EV manufacturing and to boost faster adoption of EVs in the country. Earlier, the scheme was slated to end by March 31, 2024. According to media reports, the government has extended the scheme not to let any disruption affect […]

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Karnataka Set To Install 40,000 Solar Pumps Under PM-KUSUM

Karnataka 2024 Budget released some key initiatives to support the solar sector such as through the installation of solar pumps. The 2024 budget emphasized some key initiatives to make farmers self-sufficient. The Karnataka government will install 40,000 off-grid solar pump sets under the PM-KUSUM Component-B scheme. It plans to do so at an estimated cost […]

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Maharashtra Hosts Highest Operational Public Charging Stations: Data

The Minster Of State For Heavy Industry, Krishan Pal Gurjar, shared details on the status of the Operational Public Electric Vehicle (EV) charging stations in India. In a written reply to the parliament, the minister gave state-wise details of the operational public charging (OPC) for electric vehicles (EVs) as of 2nd February 2024. According to […]

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COVER STORY: Rooftop Solar Enters Mission Mode In India

The signs were already there. In the first week of 2024, the Ministry of New and Renewable Energy (MNRE) created ripples in the Indian solar market when it announced a 23 percent increase in subsidies for residential rooftop solar. As per the government notification, the ministry increased subsidies from Rs 14,588/kWh to Rs 18,000/kWh for […]

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Top 5 Implications of India’s New Rooftop Solar Scheme

PM Modi’s announcement of Pradhanmantri Suryodaya Yojana, has energised industry, with hopes high for a massive impetus to rooftop solar from the scheme. From more funding and subsidies, to opportunities and jobs, the scheme holds potential to be a real gamechanger. We list the top 5 ways it will change the solar landscape in India. […]

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11.61 Lakh Electric Vehicles Sold Under FAME-II Scheme, Says Govt

The Minister of Heavy Industry (MHI) Minister, Mahendra Nath Pandey recently shared data on the Faster Adoption and Manufacturing of Electric Vehicles in India (FAME-II) Scheme in the parliament. The scheme operated for a period of five years commencing from 1st April 2019 with a total budgetary support of Rs. 10,000 crores. The minister said […]

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