Bonds issued by the Indian Renewable Energy Development Agency (IREDA) on or after 9 July 2025, and redeemable after five years, will now qualify for capital gains tax exemption under Section 54EC of the Income Tax Act, 1961, according to a government notification. The Indian Renewable Energy Development Agency (IREDA) has secured a significant policy...
Tag: Ministry of New and Renewable Energy
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Telangana issues tender for 50 MW of Rooftop Solar Projects
The deadline for bid submissions is March 14, 2023
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275 MW New Wind Capacity added in Q1 2022
Cumulative wind capacity stands at 40.4 GW
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TUSCO, IFC signs an advisory mandate for 600 MW solar projects
Siemens and BRB sign lease contract for hydrogen-powered train
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SECI floats tender for 44 MW solar projects at Singareni Collieries
The last date to submit the bid for solar projects is May 17
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MNRE to implement Rooftop Solar Programme Phase-II
Target of 4,000 MW RTS capacity addition in residential sector The Ministry of New and Renewable Energy (MNRE) is executing Rooftop Solar Programme Phase-II, for which the guidelines were released in August 2019.Under this Programme, 4,000 MW rooftop solar (RTS) capacity addition is targeted in the residential sector via Central Financial Assistance (CFA). CFA up...
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Govt nod for International Solar Alliance
The Centre has given ex post facto approval to the proposal of the Ministry of New & Renewable Energy for ratification of the International Solar Alliance´s (ISA) Framework Agreement by India.
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India´s renewable energy potential is vast and untapped
India has 275 GW of installed electricity generating capacity which is significantly higher than 140 GW of peak demand of electricity across the country. The energy generated through coal alone is higher than its peak demand. Despite the installed capacity exceeding power demand, some parts of the country face acute power shortages and more than 300 million people in India are still without access to power.
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MNRE to decide norms for 1,000 MW wind auction
The Ministry of New and Renewable Energy has invited stakeholders for consultation to firm up norms for auction of 1,000 MW grid-connected wind power capacity. ´It is proposed to hold another round of consultations on August 23, 2016 with stakeholders on the revised draft guidelines for the scheme for setting up 1,000 MW wind power capacity through tariff based competitive bidding,´ a senior official said
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MNRE to approach FinMin to raise Rs.10,000 crore via tax free bonds
Ahead of the Budget, the Ministry of New and Renewable Energy is planning to approach Finance Ministry to seek its permission for raising Rs.10,000 crore through issuance of tax free bonds in order to fund the clean energy projects in the country.