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‘Letter of Comfort’ From PFC/ REC/ IREDA now at Par With Bank Guarantees

By : Sustainability ..., Mar 16, 2020

To improve the business environment for clean energy projects and attract investments, the government has decided to treat a letter of comfort (undertaking) issued by state-run shadow banking firms like Power Finance Corporation (PFC), REC and Indian Renewable Energy...

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Wind-Solar hybrid tenders: Allowing multiple energy injection points will kill energy storage in its infancy

By : Sustainability ..., Feb 28, 2020

Lobby group the National Solar Energy Federation of India (NSEFI) has raised concern that the draft competing bidding guidelines for hybrid renewable energy projects being prepared by the Ministry of New and Renewable Energy (MNRE) are not in sync with the objectives of...

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Draft Policy Suggests ‘Reverse Bundling’ For Round-The-Clock Power Supply

By : Sustainability ..., Feb 21, 2020

The Ministry of New and Renewable Energy has proposed a draft policy for the supply of round-the-clock power to distributors through a mix of renewable energy and electricity generated in coal-based thermal power plants. Addressing issues of intermittency, limited hours of...

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Govt forms team to certify facilities of solar power equipment makers

By : Sustainability ..., Dec 16, 2019

India has set up a team to certify all solar power generation equipment makers who want to do business in the world’s largest green energy market. The move aims to boost domestic manufacturing and protect its domestic companies from cheap and sub-standard imports....

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Delhi: NDMC wants to run all areas on green energy

By : Sustainability ..., Aug 27, 2019

Lutyens’ Delhi, home to areas such as Sarojini Nagar and Kasturba Nagar, could soon witness a significant drop in its carbon footprint. As per a new plan put into motion by the Ministry of New...

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MNRE launches State Rooftop Solar Attractiveness Index

By : Sustainability ..., Aug 22, 2019

Power and renewable energy minister, R K Singh, today launched the State Rooftop Solar Attractiveness Index (SARAL) to evaluate states based on their attractiveness for rooftop development. It...

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Green energy companies see red due to cancelled tenders, low tariffs

By : Sustainability ..., Jan 29, 2019

India’s rapidly growing renewable energy capacity, a major achievement of the Modi government, faces a serious slowdown as investors are disappointed by the unrelenting focus on reduction of...

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Centre provided Rs 382 crore funding assistance to Madhya Pradesh for solar power

By : Sustainability ..., Dec 21, 2018

The central government provided total funding assistance of Rs 382 crore to Madhya Pradesh over the past two financial year 2016-17 and 2017-18 for implementing solar power schemes and projects...

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Ministry of New and Renewable Energy to seek cabinet nod soon for rooftop solar scheme SRISTI

By : Sustainability ..., Dec 6, 2018

The Ministry of New and RenewableEnergy (MNRE) will approach the Union cabinet in the next 30-45 days seeking approval for the solar rooftop scheme Sristi or Sustainable Rooftop Implementation...

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Centre to revive 23GW solar and transmission projects in Leh region

By : Sustainability ..., Dec 3, 2018

The Centre is reviving mega solar power projects in Leh and Ladakh, with a plan to set up 23GW of grid-connected projects. Private developers would be invited to submit tenders for these. 

Their transmission network would be extended till Punjab, a distance of about...

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