More than 1.2 million households together earned ₹4.21 billion through the sale of surplus power in FY2024‑25, translating to an extra income of around ₹3,500 per year per household. The PM Surya Ghar: Muft Bijli Yojana (PMSGMBY), the world’s largest domestic rooftop solar programme, has crossed a landmark milestone with more than five million households...
Tag: Pralhad Joshi
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India Climbs to Third Globally in Renewable Energy Capacity, Adding Record 55 GW in FY2025-26
This marks the highest annual capacity addition ever, surpassing the previous record of 29.5 GW achieved in FY2024‑25. India has risen to third place globally in renewable energy installed capacity, overtaking Brazil, according to Union Minister for New and Renewable Energy, Pralhad Venkatesh Joshi. Citing Renewable Energy Statistics 2025 published by the International Renewable Energy...
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IREDA Earns ‘Excellent’ MoU Rating for Fifth Year, Cementing Role in Clean Energy Financing
This marks the fifth consecutive year that the state-owned NBFC has earned an ‘Excellent’ rating, reflecting its sustained focus on efficiency, discipline, and governance. Union Minister for New and Renewable Energy Pralhad Venkatesh Joshi has commended the Indian Renewable Energy Development Agency (IREDA) for securing an ‘Excellent’ rating for the fifth consecutive year in its...
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India Begins Hydrogen Car Trials as Minister Joshi Drives Toyota Mirai to Parliament
With this, India has begun a two‑year testing programme that is expected to generate critical insights for scaling up hydrogen mobility nationwide. Union Minister for New and Renewable Energy, Pralhad Venkatesh Joshi, literally took to the driver’s seat while launching field trials for the use of hydrogen in India’s $250‑billion automobile sector. Joshi drove Toyota’s...
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REIAs Issue 67.5 GW Renewable Energy LoAs Since April 2023 with Zero Cancellations: Joshi
Alongside central tenders, states have issued renewable procurement bids, reflecting the widening scope of India’s renewable energy ecosystem. India’s Renewable Energy Implementing Agencies (REIAs) have issued letters of award (LoAs) for 67,554 MW of renewable power procurement tenders since April 2023, with zero cancellations, Union Minister for New and Renewable Energy Pralhad Venkatesh Joshi informed...
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Minister Joshi Calls for Stakeholder Action to Drive India’s Leadership in Green Hydrogen Revolution
To fast‑track innovation, the Minister for New and Renewable Energy announced a renewed ₹100 million call for pilot projects in advanced hydrogen technologies, including biomass‑based solutions. Union Minister for New and Renewable Energy Pralhad Venkatesh Joshi has said that with the world adopting the Carbon Border Adjustment Mechanism (CBAM), adoption of green hydrogen is no...
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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. “We are serious about resolving the PPA issue. Since...
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India Accelerates Green Hydrogen Push with Port-Based Pilots, R&D Grants and Industry Backing: Pralhad Joshi
To accelerate innovation in green hydrogen, India has launched a ₹1 billion call for proposals targeting start-ups, offering up to ₹50 million per project for pilot initiatives in production, storage, transport and utilisation technologies. Union Minister for New and Renewable Energy Pralhad Venkatesh Joshi has said India is actively working to realise the goals outlined...
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India Sets 2028 Target for Swadeshi Solar Cells, Eyes Full Domestic Value Chain: Pralhad Joshi
The New and Renewable Energy Minister confirmed that, following requests from chief ministers for additional allocations under the PM-KUSUM scheme, its second phase will be launched after the current phase concludes in March 2026. India is advancing towards a fully indigenous solar manufacturing ecosystem, with a target to produce Swadeshi solar cells by 2028, Union...
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India Achieves 100 GW Solar PV Milestone with ALMM-Driven Expansion
This solar PV manufacturing boom has driven a near 400 per cent rise in the number of manufacturers, growing from 21 in 2021 to 100 today. India’s efforts to develop a robust renewable energy equipment manufacturing ecosystem received a major boost with the country attaining 100 GW capacity in solar photovoltaic (PV) manufacturing under the...
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