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...
Tag: Ministry of New and Renewable Energy
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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.
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Mission Solar
India´s approach of focussing largely on utility-scale solar parks and aggressive pricing has attracted a lot of scepticism. The renewable energy sector has shown tremendous growth over the last two years.
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Solar on Slow Track
With 3,000 hours of sunshine every year, which is equivalent to 5,000 trillion kilowatts of energy, India´s solar energy potential is vast. According to the Ministry of New & Renewable Energy Annual report 2014-15, of the total renewable energy
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We are planning to invest Rs.23,000 crore this fiscal
Arup Roy Choudhury, Chairman and Managing Director, National Thermal Power Corporation (NTPC) shares his views on the company´s plans for doubling its current installed capacity, its capex plan for this fiscal, the Corporate Plan-2032, and CSR activities.
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Govt approves Rs.5,000 cr tax-free bonds
The ministry of new and renewable energy (MNRE) has approved the sale of tax free-bonds worth Rs 5,000 crore
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Solar power enhancement plan
A massive plan to scale up of solar power capacity to 100,000 MW is underway, with Prime Minister Narendra Modi asking the Ministry of New and Renewable Energy (MNRE)
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