Tags: renewables

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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Renewable energy generation capacity of India jumped by 72 per cent in six yrs: R K Singh

As part of Intended Nationally Determined Contributions as per the Paris Accord on Climate Change, India has undertaken to install at least forty percent of its total electricity generation capacity from renewable energy sources by 2030. As on 29th February 2020, a cumulative renewable energy capacity of 132.15 GW had been installed in the country, […]

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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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Mahindra sells entire stake in 3 Renewable Energy arms to CLP India for Rs 340 cr

Mahindra & Mahindra recently said its wholly-owned arm Mahindra Renewables will sell its entire stake in three subsidiaries to CLP India. Mahindra Renewables will sell its entire stake aggregating 100 per cent of the paid-up equity share capital in Cleansolar Renewable Energy (CREPL), Divine Solren (DSPL) and Neo Solren (NSPL) for nearly Rs 340 to […]

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Policy certainty will increase investment into India’s renewable energy space: IEEFA

Policy certainty will increase domestic and international investing into India, a new report out on Thursday by the Institute for Energy Economics and Financial Analysis (IEEFA) said. The report, India’s Renewable Energy Policy Headwinds – Recommendations for Urgently Accelerating Activity in the Renewable Energy Sector, finds a number of recent policy positions that have undermined […]

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India may find difficult to meet its 175 GW renewable energy target by 2022: CSE

India’s renewable energy (RE) sector seems to be losing steam, even as the total capacity has reached almost 86 GW by December 2019, says the latest State of India’s Environment Annual report, released here at the 2020 Annual Media Conclave and Anil Agarwal Dialogue. India has set itself a target of 175 gigaWatt (GW) RE capacity by […]

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To increase rate of renewable energy adoption in India national transmission grid must urgently modernise: IEEFA

Institute for Energy Economics and Financial Analysis (IEEFA) in its new report said that India’s national transmission grid must urgently modernise to increase the rate of renewable energy adoption.  This is a key prerequisite for achieving India’s renewable energy investment ambitions while accelerating the excellent progress of recent years. As of December 2019, India had […]

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