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India will stop awarding renewable energy projects via e-reverse auctions: MNRE secretary – EQ Mag Pro

The e-reverse auction was introduced to promote competition to get the best price but the renewable energy industry has been saying that it led to intense competition and a steep fall in tariffs, making projects unviable The government will cease the electronic reverse auction for renewable energy projects, Indu Shekhar Chaturvedi, joint secretary in the […]

REC Forms Subsidiary to Boost Renewable Power in Madhya Pradesh – EQ

Indu Shekhar Chaturvedi assumes charge as new MNRE Secretary

He is a 1987 Batch IAS officer belonging to Jharkhand cadre and had succeeded Anand Kumar in the ministry who has been shifted to the Ministry of Culture as its new Secretary. New Delhi: Indu Shekhar Chaturvedi, the new Secretary of the Ministry of New and Renewable Energy (MNRE), assumed charge on Monday, the ministry […]

Acme Solar Holdings Limited Secures ₹1,988 Crore in Financing from Power Finance Corporation (PFC) and Wins 300 MW SECI ISTS Solar Project at a tariff of INR 3.05 per Unit – EQ