The government’s vision to achieve the ambitious renewable targets by 2022 has been received positively by the sector. And today the Indian renewable industry is the third-largest in the world after China and the US.
The Ministry of New and Renewable Energy (MNRE) has issued a notification regarding the modalities and role of distribution companies (DISCOMs) to ensure the smooth implementation of the second phase of the Central Public Sector Undertaking (CPSU) program.
Budget Economic Survey 2019: India’s economic growth will depend upon the ability to provide affordable, reliable and sustainable energy to citizens and the country is required to raise per capita energy consumption by at least 2.5 times to increase per capita income by USD 5000,
New and Renewable Energy Minister R K Singh Thursday expressed confidence that the government will not only achieve the target of installing 175 GW of renewable power by 2022 but also cross that milestone.
While tabling the Economic Survey 2018-2019 report, Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Thursday stated that the country is undertaking one of the world’s largest renewable energy expansion programmes.
In 2018, India’s renewable energy sector witnessed an upswing with Prime Minister NarendraModi announcing that India has set a target of achieving 100 GW of solar power by 2022.
The Madras High Court has asked a wind energy company in Tamil Nadu to approach the state’s electricity regulator to raise its dispute with the government-run power distributor over the delay in the completion of its project.
The votes have been counted, the winners announced and the new government is in place. Coming into power with a stupendous majority, there can be no doubt that the industry has great expectations from the second term of the NDA government, under the Hon’ble Prime Minister Shri Narendra Modi.
The Solar Energy Corporation of India (SECI) has amended its Request for Selection (RfS) for setting up of 2000 MW grid-connected solar PV power projects in India (Tranche-I) under the CPSU scheme phase-II (Government Producer Scheme).
The World Bank’s Economic Prospects Report has forecast India’s economy to grow by 7.5 percent during this and the next two fiscals, retaining its top spot as the fastest-growing major economy. India’s growth estimate is the brightest spot in a grim forecast for the world economy.