Wind power projects are set up in the country, including in the state of Rajasthan, on the basis of commercial principles taking into account wind resource, land availability, transmission infrastructure, etc. So far, bids for 15,100 MW of wind power projects have been issued, out of which projects of 12,162.50 MW capacity have been […]
Generation of Solar Power
The Government of India has set a national target of installing 1,00,000 MW grid connected solar power capacity in the country by December, 2022. As on 31.10.2019, a total grid connected solar power generation capacity of 31,696 MW has been set up in the Country, projects of 17998 MW capacity are at various stages of […]
MNRE Hosts 2nd Assembly of International Solar Alliance (ISA) on 31 October In New Delhi
The Ministry of New and Renewable Energy is hosting the second Assembly of International Solar Alliance (ISA) on 30 and 31 October 2019 New Delhi. While on 30 October 2019, coordination and consultation meetings on different aspects of ISA programmes and initiatives will be held, the Assembly would meet on 31 October 2019. 2. The […]
Shri RK Singh holds bilateral meetings with Energy Ministers of Niger, Togo and Tonga; discusses cooperation in the field of Energy
Union Minister of State for Power and New & Renewable Energy (IC) and Skill Development & Entrepreneurship Shri RK Singh held bilateral meetings with Madame Amina Moumouni, the Minister of Enery, Niger; Mr Marc Dederiwe Ably- Bidamon, Minister of Energy and Mines, Togo and Mr Poasi Mataele Tei, Minister of Energy, Tonga here today. The […]
MNRE amends bidding guidelines for wind power projects
Timeline for land acquisition for wind power projects extended from seven months to 18 months The Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Wind Power Projects was notified on 8th December, 2017. Based on experience of bidding and after consultation with stakeholders, following amendment to these standard bidding […]
MNRE invites proposal to run 4 fuel cell buses in Delhi-NCR
The Ministry of New and Renewable Energy (MNRE) has invited proposals under a pilot project to make four hydrogen fuel cell-powered buses with a minimum seating capacity of 25 passengers each. The MNRE invites preliminary project proposals for pilot demonstration of four hydrogen fuel cell-powered buses, with minimum 25 passenger seating capacity, in the Delhi-NCR […]
Solar Industries Assn recommends raising of export incentives from 2 pc to at least 10 pc
New Delhi: Raising concerns that the survival of the Solar Modules Manufacturers Industry is at stake, the All India Solar Industries Association (AISIA) has in its pre-budget recommendations suggested that this is the right time for providing manufacturing incentives, including subsidies for power, capital, interest and depreciation to this industry, duty free import of manufacturing […]
Government to float tender for gravity storage; foreign firms keen on prospects
India is planning to float a tender for setting up gravity storage plants, inviting firms with mechanical storage expertise to bid for it. International gravity-based storage companies like EnergyVault, Gravitricity and Gravity Storage Inc have already shown interest. New Delhi: The Ministry of New and Renewable Energy (MNRE) is planning to float a tender inviting […]
RBI to ease lending limits for green energy sector
Ghodwat opined that the decision would lead to speedy implementation of projects and reduce construction cost. BENGALURU: In an attempt to boost renewable energy sector, the Ministry of New and Renewable Energy (MNRE) would request the Reserve Bank of India (RBI) to categorise renewable energy as a separate segment and remove priority sector lending limit. […]
Srei Equipment gets USD 30 million from Netherland bank
Srei Equipment Finance Ltd on Thursday said it has received credit approval worth USD 30 million from FMO, a Netherlands-based development finance bank. “The loan will be fully dedicated to re-financing of green activities of Srei Equipment, primarily through the financing or leasing of equipment used for solar and wind projects,” the company said in […]