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Policy and Regulatory Reforms Driving Modernisation of Renewable Energy Sector

The Ministry of New and Renewable Energy collaborates with potential countries in the field of Renewable Energy including Solar Energy, Wind Energy, Green Hydrogen, Storage, Grid integration etc. Through various mechanisms such as Memorandums of Understanding(MoU), Letters of Intent(LoI), Joint Declarations of Intent(JDI), Energy Dialogues and Partnerships. The modalities of collaboration in the various domains of the Renewable Energy sector ...

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SECI Achieves ‘Excellent’ Rating in MoU Performance for FY 2024–25

Solar Energy Corporation of India Ltd. (SECI) has achieved an “Excellent” rating for its performance under the Memorandum of Understanding (MoU) signed with the Ministry of New & Renewable Energy (MNRE) for the financial year 2024–25. The assessment reflects SECI’s strong institutional performance and effective implementation of its mandated objectives during the year. In the MoU performance evaluation, SECI secured ...

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IREDA sets New Record: achieves Highest Ever Loan Sanctions and Disbursements

Indian Renewable Energy Development Agency Limited (IREDA), the largest pure-play green financing NBFC in the country, has achieved its highest-ever annual loan sanctions and disbursements in the financial year 2023-24. The company has sanctioned loans amounting to Rs. 37,354 crores and disbursed loans worth Rs. 25,089 crores during the fiscal year. This has led to a significant growth of 26.71% ...

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First Solar Project of NTPC Renewable Energy Limited begins operations

The first solar project of NTPC Renewable Energy Ltd. (NTPC-REL) at Chhattargarh in Rajasthan has declared commencement of commercial operations of 70 MW capacity on 21st February, 2024. With this, the installed capacity of NTPC Group has reached 73,958 MW. At present, NTPC-REL has 17 projects under execution, with a total capacity exceeding 6,000 MW. With this, the total renewable energy operational capacity of ...

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Status of adoption of green hydrogen in the country

The Union Minister for New & Renewable Energy and Power has informed about the status of the adoption of green hydrogen in the country. The Ministry of New and Renewable Energy is implementing the National Green Hydrogen Mission, approved by the Union Cabinet on 4th January 2023, with an outlay of ₹ 19,744 crore. The overarching objective of the Mission is ...

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Government meets academia and industry to steer R&D projects under National Green Hydrogen Mission

The Union Minister for Power and New & Renewable Energy Shri R. K. Singh chaired a meeting on Green Hydrogen R&D Scheme of the Government in New Delhi today, February 22, 2024. Principal Scientific Advisor to the Government of India Shri Ajay Sood; Secretary, Ministry of New & Renewable Energy (MNRE) Shri Bhupinder Singh Bhalla; Joint Secretary, MNRE Shri Ajay ...

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CCI approves acquisition of shareholding in Sterling and Wilson Renewable Energy Limited by Reliance New Energy Solar Limited

The Competition Commission of India (CCI) approves acquisition of shareholding in Sterling and Wilson Renewable Energy Limited by Reliance New Energy Solar Limited. The proposed combination envisages acquisition of 40% of the equity share capital of Sterling and Wilson Renewable Energy Limited (formally known as Sterling and Wilson Solar Limited) (SWREL) by Reliance New Energy Solar Limited (RNESL). However, acquisition ...

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Installed capacity of solar energy in India increased by more than 18 times between March 2014 to October 2021

As a Party to the United Nations Framework Convention on Climate Change (UNFCCC), India periodically submits its National Communications (NCs) and Biennial Update Reports (BURs) to the UNFCCC which includes national Greenhouse Gas (GHG) inventory. As per India’s third BUR submitted to the UNFCCC in February 2021, total GHG emissions, excluding Land Use Land-Use Change and Forestry (LULUCF) in 2016 ...

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IREDA and BVFCL sign MoU for Green Energy collaborations

  Indian Renewable Energy Development Agency Ltd. (IREDA) today signed Memorandum of Understanding (MoU) with Brahmaputra Valley Fertilizer Corporation Limited (BVFCL) for providing its techno-financial expertise in developing Renewable Energy projects and fund raising. The two companies are PSUs under Ministry of New & Renewable Energy and Ministry of Chemicals & Fertilizers respectively. The MoU was signed by Shri Pradip ...

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CPIB organizes two day event for deliberations on Hydrogen Energy

The 1st International Conference on Hydrogen Energy – Policies, Infrastructure Development and Challenges is being organized by Central Board of Irrigation and Power (CBIP) with the support of Ministry of New & Renewable Energy , Central Electricity Authority and NTPC on 24th -25th November 2021, here. Shri Bhagwanth Khuba, Minister of State for New and Renewable Energy, Chemicals and Fertilizers inaugurated the ...

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