The growth of solar photovoltaic power plants in Punjab has been hampered by delayed disbursement of subsidy to residents. Even as the Punjab government is struggling to install solar rooftop power plants,
The Ministry of New and Renewable Energy (MNRE) has proposed shortening the period for commissioning for solar power projects, to speed up the pace of solar capacity addition in view of the target of 100,000 MW of solar capacity to be achieved by 2022.
Any cap on solar power tariffs in future auctions could dampen free market sentiment and prove to be an Achilles heel for the plans of the Ministry of New and Renewable Energy (MNRE) to achieve the solar power capacity target of 100 GW by 2022,
In a significant development, the Ministry of New and Renewable Energy (MNRE) has issued a letter (reviewed by Mercom) directing Solar Energy Corporation of India (SECI) to set the maximum permissible solar tariff at ₹2.50 (~$0.036)/kWh without safeguard duty
The ministry of new and renewable energy is set to cap India’s solar power tariffs at ₹ 2.5 and ₹ 2.68 per unit for developers using domestic, and imported solar cells and modules, respectively, according to an internal note reviewed by Mint.
The Ministry of New and Renewable Energy (MNRE) has written to the central and state governments as well as public sector implementing agencies, asking them to follow a set timetable for tendering of solar photovoltaic (PV) capacities.
Prime Minister Narendra Modi’s ambitious solar project for farmers called Kisan Urja Suraksha Evam Utthaan Mahabhiyan (KUSUM) has been red flagged by the Finance Ministry, Business Standard reported.
The government will come out with a single bid for setting up 25 GW of solar capacity in Ladakh, Power Minister RK Singh said today, and asserted that renewable energy is a must for sustainable development.
The national committee on transmission has recommended projects worth Rs 510 crore across Gujarat and Tamil Nadu, the two most coveted states for wind power developers.
Gujarat has emerged has as the top state in terms of approved power generation capacity in various solar parks. Out of the total 26,449MW capacity approved in 45 solar parks in 22 states