Since its inception, more than 2.43 million households have benefitted from the scheme, with over 830,000 loan applications sanctioned and ā¹139.26 billion in subsidies extended. Around 1.95 million residential rooftop solar (RTS) systems have been installed, with over 770,000 households having received zero or nearāzero electricity bills under the PM Surya Ghar Muft Bijli Yojana...
Tag: MNRE
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MNRE Refutes Financing Pause; Calls for Expansion into Upstream Solar Manufacturing
The ministry says it merely wants financial institutions to also expand their financing portfolios into upstream stages and ancillary components such as solar cells, ingotsāwafers, polysilicon, solar glass, and aluminium frames to strengthen Indiaās solar value chain. The Ministry of New & Renewable Energy (MNRE) has categorically dismissed recent media reports suggesting that lenders have...
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Tailwinds Returning: Rekindling Indiaās Wind Ambitions
India’s energy future isn’t just about getting more megawatts; it’s a journey where wind power helps the country become independent, boosts industry, and supports its goal of becoming net-zero, writes Amit Kansal. Indiaās renewable energy story has garnered global attention, but one chapter of that story comes with special promise: wind energy. India, once a...
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Centre Moves to Resolve PPA Logjam with States, Says MNRE Minister Pralhad Joshi
The minister says he will soon begin meeting state governments in person to help resolve the long-pending issue. The central government is prioritising the resolution of power purchase agreement (PPA) challenges with states, Union Minister for New and Renewable Energy Pralhad Venkatesh Joshi said on Monday. āWe are serious about resolving the PPA issue. Since...
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India Set to Tap Hidden Heat: Geothermal Policy Targets Energy Security and Net Zero by 2070
The policy lays out a comprehensive framework to advance geothermal utilisation through targeted research, inter-ministerial coordination, and global best practices, with regulatory and stewardship responsibilities entrusted to the Ministry of New and Renewable Energy. The central government has notified the National Policy on Geothermal Energy (2025) as part of its strategy to achieve the ambitious...
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INOX Wind Posts Record Q1 Profit, Strengthens Growth Outlook
The companyās total order book now stands at approximately 3.1 GW, offering strong visibility for the next two years.Ā INOX Wind Ltd (IWL), one of Indiaās leading wind energy solutions providers, reported its highest-ever first-quarter profit after tax (PAT) of ā¹97 crore for the quarter ended June 30, 2025, up 134 per cent year-on-year. The...
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Suzlon Energy Reports 62% Surge in EBITDA to ā¹5.99 Billion in Q1 FY2026
The company achieved its highest-ever Q1 deliveries of 444 MW, supported by a growing order book of 5.7 GW, 75 per cent of which comprises commercial and industrial (C&I) and public sector utility orders. Indiaās leading wind energy solutions provider, Suzlon Group, has posted a robust 62 per cent year-on-year rise in EBITDA to ā¹5.99...
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India Sets Global Record with $0.64/kg Green Ammonia Price Under Hydrogen Mission
This translates to approximately $641 per metric tonne, which is a substantial drop from the previously discovered price of ā¹100.28 per kg in the H2Global auction in 2024. In a first under the National Green Hydrogen Mission, the Solar Energy Corp. of India (SECI) has completed the procurement of green ammonia at a significantly lower...
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India Extends ALMM Guidelines to Wind Energy Components, Tightens Cybersecurity Framework
The amendment also mandates the domestic location of R&D centres, data hubs and servers to fortify the cybersecurity infrastructure. In a bid to further strengthen Indiaās wind energy sector, the Ministry of New & Renewable Energy (MNRE) has renamed the Revised List of Models and Manufacturers of Wind Turbines (RLMM) to the Approved List of...
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Indiaās MNRE Revises Solar Cell ALMM Rule to Support Domestic Bids
The adjustment is expected to streamline compliance and provide greater clarity for bidders participating in government tenders. The Ministry of New & Renewable Energy (MNRE) has amended its guidelines for the Approved List of Models & Manufacturers (ALMM) for solar photovoltaic (PV) cells. Under the revision, the mandate to use domestically listed PV cells will...