Solar Policy

Long Standing Issues of Long-Term Power Purchase Agreements

The Standing Committee on Energy had recently presented its 4th report in the Parliament, one key area of focus was the state of Power Purchase Agreements The Standing Committee on Energy working under the Ministry of Power had recently presented its fourth report in the Parliament addressing all the financial layouts made by the government […]

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Renewable Energy Supply Chain Disruptions to be Treated as Force Majeure

MNRE has directed its implementing agencies to treat delay on account of disruption of the supply chains due to the spread of coronavirus as Force Majeure. The Ministry of New and Renewable Energy (MNRE) has announced that all Renewable Energy implementing agencies of the MNRE have been directed to treat delay on account of disruption […]

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Only 521.69 MW of Renewable Energy Capacity Installed in Odisha

The coastal state of Odisha has a total of 521.69 MW of renewable energy capacity installed in the state as on February 29, 2020. According to data provided by the Minister of New & Renewable Energy (MNRE) the coastal state of Odisha has a total of 521.69 MW of renewable energy capacity installed in the […]

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Govt Planning to Tender 20 GW of Solar Projects by June 2021: RK Singh

RK Singh has said that apart from solar projects (installed or under development) the government is planning to tender for 20 GW solar projects by June 2021 Union Minister for New and Renewable Energy RK Singh has said that as on February 29, 2020, a cumulative grid-connected solar power capacity of 35.07 GW had been […]

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‘Letter of Comfort’ From PFC/ REC/ IREDA now at Par With Bank Guarantees

The government has decided to treat a letter of comfort issued by state-run shadow banking firms like PFC, REC, and IREDA at par with bank guarantees. To improve the business environment for clean energy projects and attract investments, the government has decided to treat a letter of comfort (undertaking) issued by state-run shadow banking firms […]

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India has Offshore Wind Potential of 67 GW off the Coast of Tamil Nadu, Gujarat

Approximately 36 GW offshore wind power potential exists off the coast of Gujarat and 31 GW off the coast of Tamil Nadu, MNRE Minister RK Singh has said Based on the preliminary studies carried out by the National Institute of Wind Energy (NIWE) in collaboration with various multilateral agencies, the Government has identified eight zones […]

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2043 MW new Wind Capacity Added in India This Fiscal: RK Singh

RK Singh has informed that 2043 MW of new wind energy capacity has been installed in the country in the current fiscal year up until February 29, 2020. Union Minister for Power and New and Renewable Energy RK Singh has informed that 2043 MW of new wind energy capacity has been installed in the country […]

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Parliamentary Panel Directs MNRE to Avoid Further Delay in RE Targets

A Parliamentary panel has asked the MNRE to identify weak areas and take corrective actions without any further delay in meeting RE targets. A Parliamentary panel has expressed dismay over Ministry of New & Renewable Energy (MNRE) missing targets continuously and has suggested the ministry to identify weak areas and take corrective actions without any further delay. The Ministry […]

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Uttar Pradesh Announces Rs 15-30 Thousand in Rooftop Solar Subsidies

UPNEDA has announced the state, central subsidies to be provided for rooftop solar projects that will be set up in the residential sector in Uttar Pradesh The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has announced the state and central subsidies that will be provided for rooftop solar projects that will be set […]

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