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MNRE Refutes Financing Pause; Calls for Expansion into Upstream Solar Manufacturing

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, ingots‑wafers, polysilicon, solar glass, and aluminium frames to strengthen India’s solar value chain. The Ministry of New & Renewable Energy (MNRE) has categorically dismissed recent media reports suggesting that lenders have...

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New PPP: PSUs Pivoting to Productivity

New PPP: PSUs Pivoting to Productivity

In projects which are for social good, profitability becomes a necessary evil. Several of the public sector organisations may have been created with some social cause and that hasnumbed their accountability to ROI. In earlier years it may have been useful since most of these were monopolies and profitability came due to lack of competition....

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PLI Scheme Approved for High-Efficiency Solar PV Modules

PLI Scheme Approved for High-Efficiency Solar PV Modules

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Ministry of New & Renewable Energy’s proposal for the implementation of the Production Linked Incentive (PLI) Scheme ‘National Programme on High-Efficiency Solar PV (Photo Voltic) Modules’ for achieving manufacturing capacity of gigawatt (GW) scale in high-efficiency solar PV modules with an outlay of...