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MNRE planning review of 5,000 MW solar power scheme under JNNSM

By : Sustainability ..., Nov 5, 2019

The Ministry of New and Renewable Energy (MNRE) is planning to review a programme that aims to set-up 5,000 megawatt (MW) of solar power generation capacity under the Jawaharlal Nehru National Solar Mission (JNNSM), according to a recently released notification. MNRE has...

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India to build 30 gigawatts of renewable plants along western border

By : Sustainability ..., Oct 18, 2019

India is considering building 30 gigawatts of renewable energy capacity along a desert on its western border known for its sunny, windy and arid expanse, according to people familiar with the plan. The projects, which will be spread across the states of Gujarat and Rajasthan...

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Avyan Renewable Solar’s Acquisition in SunEdison Reduced to 31%

By : Sustainability ..., Oct 15, 2019

Avyan Renewable Solar will now acquire 13,91,896 equity shares representing 31% of the equity share capital of SunEdison, according to a recent corporate filing by SunEdison with the Bombay Stock Exchange (BSE). Initially, the share purchase agreement (which has now been...

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UP energy regulator slashes solar tariffs, approves bidding for 550 mw

By : Sustainability ..., Sep 30, 2019

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has slashed solar power tariffs to a record low of nearly Rs 3 per unit, as it cleared competitive bidding for procurement of 550 megawatt (mw) by state utilities. The approved tariffs range from Rs 3.02 per unit to...

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Renewable Power Projects: Clear energy dues, MNRE tells states

By : Sustainability ..., Sep 17, 2019

In the wake of rising dues from state-owned electricity distribution companies (discoms) to renewable power projects, the Centre has asked the states to clear their outstanding amounts as soon as possible. “The Ministry of New and Renewable Energy (MNRE) has constantly taken...

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50,000 solar pumps to be given to farmers and 'gaushalas' in Haryana: Minister

By : Sustainability ..., Jul 29, 2019

Fifty thousand solar pumps will be given to farmers and 'gaushalas' in Haryana with the assistance of NABARD, Minister of State for New and Renewable Energy Banwari Lal said on Friday. About Rs...

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AGEL plans to add 800 MW of renewable energy projects

By : Sustainability ..., Jul 25, 2019

Adani Green Energy Limited (AGEL) plans to add over 800 MW of renewable energy projects in the current financial year and 3300 MW in two more years, the company said in a statement. "Adani Green...

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Oil India To Set Up 100 MW Of Solar Projects Under CPSU Program

By : Sustainability ..., Jul 23, 2019

Oil India Limited (OIL), a Navaratna enterprise, has invited prospective bidders to develop 100 MW (AC) of solar project capacity anywhere in India. The projects will be tendered under the...

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Canada’s pension fund OMERS seeks new green energy deals

By : Sustainability ..., Jul 22, 2019

Canadian pension fund Ontario Municipal Employees’ Retirement System (OMERS) is scouting for acquisition opportunities in India, in an affirmation of the country’s position as a green energy hot...

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Govt to ask RBI to remove priority lending limit for renewable energy sector

By : Sustainability ..., Jun 11, 2019

In an attempt to further boost India’s emerging green economy, the ministry of new and renewable energy (MNRE) would try to impress upon the Reserve Bank of India for removal of the priority...

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