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Parliamentary panel asks Renewable Energy Ministry to seek enhancement of priority sector lending limits Despite the RBI having categorised it as a priority sector, loans up to only Rs 30 crore are provided for renewable energy projects and a high-level Parliamentary panel has directed the Renewable Energy Ministry to pursue the matter of enhancement in the loans limit for the sector with the Finance Ministry as well as with the RBI. The Standing Committee on Energy, in its report on financial constraints in the renewable energy sector, which was presented in Parliament during the recently co...
Parliamentary panel asks Renewable Energy Ministry to seek enhancement of priority sector lending limits
Parliamentary panel asks Renewable Energy Ministry to seek enhancement of priority sector lending limits
Source: IANS
4/09/2023 9:16:18 AM
`Wind energy projects generated 64.54bn electricity units in April-January of FY2023` The electricity produced from wind energy projects was 64.54 billion units during the April-January period of 2022-23, according to the Ministry of New and Renewable Energy data. Tamil Nadu and Gujarat are the two states which lead in terms of generating electricity through wind energy. During April 2022-January 2023, Gujarat produced 17,062 million units of electricity from wind energy power projects. Tamil Nadu was the second highest generator of electricity from wind energy power ...
`Wind energy projects generated 64.54bn electricity units in April-January of FY2023`
`Wind energy projects generated 64.54bn electricity units in April-January of FY2023`
Source: IANS
20/03/2023 9:02:48 AM
India will have over 65% power generation capacity from non-fossil fuels by 2030: RK Singh Power and New & Renewable Energy Minister RK Singh has said that India will have more than 65 per cent of its power generation capacity from non-fossil fuels by 2030. He stated India will have 90 GW of solar equipment manufacturing capacity by 2030, up from 20 GW at present. He also stated that about 15-20 GW of solar equipment manufacturing capacity is under construction and India will have 40 GW of such facilities under Production-Linked Incentive Scheme-II (PLI-II). Further, he also...
India will have over 65% power generation capacity from non-fossil fuels by 2030: RK Singh
India will have over 65% power generation capacity from non-fossil fuels by 2030: RK Singh
Source: Accord Fintech
18/10/2022 12:18:33 PM
MNRE to help in setting up of offshore wind turbines in Tamil Nadu In a move to promote renewable energy and to cater to the country's growing power demand, the Ministry of New and Renewable Energy (MNRE) will act as a facilitator to install offshore wind turbines in Tamil Nadu, officials said. The Central government will float international tenders for the installation of wind turbines as the cost per MW for offshore turbines are much higher due to the requirement of strong foundations and marine structures. The tenders will be floated in four mon...
MNRE to help in setting up of offshore wind turbines in Tamil Nadu
MNRE to help in setting up of offshore wind turbines in Tamil Nadu
Source: IANS
1/07/2022 10:13:58 AM
India, IRENA strengthen collaboration in renewable energy  India has signed a strategic partnership agreement with International Renewable Energy Agency(IRENA) to further strengthen its collaboration with the energy body in the field of Renewable Energy. The agreement was signed by the Ministry of New and Renewable Energy (MNRE) Secretary, Indu Shekhar Chaturvedi and IRENA Director-General Francesco La Camera during the 12th IRENA Assembly. "India is a renewable energy powerhouse and a country whose energy transition actions speak lo...
India, IRENA strengthen collaboration in renewable energy
India, IRENA strengthen collaboration in renewable energy
Source: IANS
18/01/2022 9:42:56 AM
India sets the ball rolling for large-scale Battery Energy Storage System The Centre has given a go ahead to inviting expression of interest for the installation of 1,000 MWh Battery Energy Storage System (BESS) as a pilot project. This is a joint effort of the Ministry of New and Renewable Energy and the Ministry of Power, which have been working on this to provide a roadmap for the installation of the energy storage system in the country. In order to support the ambitious goal of achieving the 450 GW renewable energy target by 2030, it is important that it ...
India sets the ball rolling for large-scale Battery Energy Storage System
India sets the ball rolling for large-scale Battery Energy Storage System
Source: IANS
15/10/2021 9:13:17 AM
India set to achieve 450 GW of renewable energy installed capacity by 2030: MNRE The Ministry of New and Renewable Energy (MNRE) has said that India is set to achieve 450 GW of renewable energy installed capacity by 2030. Earlier this month, the MNRE, in partnership with FICCI, organised a series of events, from October 6-8 during the Climate and Biodiversity Week at Expo 2020 Dubai. The events covered themes like 'India's Renewable Energy Achievements and Ambitions; Emerging Areas and Opportunities for Renewable Energy in India. The events were anchored by the...
India set to achieve 450 GW of renewable energy installed capacity by 2030: MNRE
India set to achieve 450 GW of renewable energy installed capacity by 2030: MNRE
Source: Accord Fintech
12/10/2021 11:18:12 AM
Power Minister launches regulatory certification programme Union Power and New & Renewable Energy Minister R.K. Singh on Friday launched "Reform and regulatory knowledge base for power sector", an e-certification programme to provide regulatory training to practitioners from diverse backgrounds. He also launched a regulatory data dashboard - an e-compendium of data containing state-wise details of tariffs and discom performance. These have been developed by IIT Kanpur. The regulatory data dashboard would assist benchmarking of ...
Power Minister launches regulatory certification programme
Power Minister launches regulatory certification programme
Source: IANS
7/08/2021 9:40:03 AM
Government gives extension to renewable projects delayed due to Covid The government has extended relief to renewable sector amid the second wave of Covid-19 pandemic by allowing an extension of two-and-a-half months for power projects with commissioning dates between April 1 and June 15, 2021. The Ministry of New and Renewable Energy (MNRE) has notified the changes that will prevent developers from being charged penalty for delaying commissioning of projects beyond the agreed timelines. With the second wave of the pandemic resulting in lockdowns in diffe...
Government gives extension to renewable projects delayed due to Covid
Government gives extension to renewable projects delayed due to Covid
Source: IANS
1/07/2021 12:42:11 PM
Workshop held on One Sun One World One Grid, renewable energy The International Solar Alliance (ISA), the Ministry of New and Renewable Energy and the World Bank organised a two-day strategic inception workshop on 'One Sun One World One Grid (OSOWOG)' wherein all the implementation partners came together and presented their roadmap for OSOWOG. OSOWOG will be implemented in three phases - 'Phase I Pre-feasibility analysis' will include individual Countries' assessment, Demand Supply Scenario Projections, RE resource potential asses...
Workshop held on One Sun One World One Grid, renewable energy
Workshop held on One Sun One World One Grid, renewable energy
Source: IANS
26/05/2021 2:40:31 PM