COVID19 lockdown to impact electricity demand and discoms: Report

The nationwide lockdown is set to dent electricity demand by a fourth as economic activity sputters to a grinding halt, analysts from ICRA in a report said. They warned that this will impact discoms and power generating companies alike. Signs of the same are already visible, with domestic brokerage Emkay saying power demand declined by 22 […]

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MNRE operating though e-office from home amid coronavirus lockdown

The MNRE has been working through e-office from home amid the coronavirus lockdown imposed as a precaution to combat the spread of COVID-19 in the country. Besides the movement of files and notings online, review meetings are also taking place through video conferencing. “RK Singh, Minister for New and Renewable Energy, also took review meetings […]

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Renewable Energy ministry asks states to ensure movement of material and engineers

The Ministry of New and Renewable Energy (MNRE) asked the states to ensure movement of material and engineers for zero disruption in renewable energy generation. The MNRE in a notification noted “Power generation (including renewable power generation) is an essential service for securing smooth and uninterrupted power flow across and within states .” The ministry […]

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COVID 19: Renewable Energy projects to get extension of time says MNRE Sec.

Renewable Energy projects under implementation will be given extension of time considering period of lockdown and time required for re-mobilisation of work force, Ministry of New and Renewable Energy (MNRE) Secretary Anand Kumar said. Kumar made the announcement through a tweet following Prime Minsiter Narendra Modi’s announcement for a complete lockdown across the country for […]

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Four policies including renewables, hydropower approved to boost industrial growth in J&K

The Jammu and Kashmir Administrative Council, headed by Lt Governor G C Murmu recently approved four policies for tourism, captive power, hydro power and renewable energy, and AYUSH care. The Administrative Council’s decision comes in the backdrop of Global Investors Summit scheduled to be held later in the year to attract investments in the union […]

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Coronavirus will cause global wind additions in 2020 to decline by 4.9GW: WoodMac

Research firm Wood Mackenzie in its new report notes that the coronavirus crisis will cause global wind additions in 2020 to decline by 4.9GW when compared to our previous projections. Due to other market changes since our Q4 2019 update, total forecast wind additions for 2020 is now expected to be 73GW.  The impact of the coronavirus is […]

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Sale of Renewable energy certificate up 64 per cent in February

Sales of renewable energy certificates rose over 64 per cent to 21.42 lakh units in February compared to 13.02 lakh in the same month a year ago owing to high demand, according to official data. Renewable Energy Certificates (RECs) are a type of market-based instrument. One REC is created when one megawatt hour of electricity is generated […]

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Par Panel asks MNRE to take corrective measures on missing annual renewable targets

A Parliamentary panel has expressed dismay over Ministry of New & Renewable Energy (MNRE) missing targets continuously and has suggested the ministry to identify weak areas and take corrective actions without any further delay. The Ministry has continuously failed to achieve its yearly physical targets, the Parliamentary Standing Committee on Energy said in a report […]

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MNRE launches its new website to keep pace with time

The Ministry of New & Renewable Energy (MNRE) has launched its new website to meet requirements of stakeholders about new schemes and projects particularly. The key feature of the website includes optimized user interface and enables ease of access from various devices including mobile phones, a ministry statement said. The website has additional portals such […]

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