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 ...
Read More »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 ...
Read More »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 ...
Read More »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 ...
Read More »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 ...
Read More »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 ...
Read More »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 ...
Read More »Annual assembly to deliberate on operationalisation of PM Modi ’s ‘One Sun One World One Grid’ initiative, USD 1 trillion in solar investments
The fourth general assembly of The International Solar Alliance (ISA), is to be held virtually between October 18th and October 21st, 2021, and will be presided over by Shri R.K. Singh, Minister for Power, New and Renewable Energy, Government of India and the President of the ISA Assembly. U.S. Special Presidential Envoy for Climate John Kerry will deliver the keynote ...
Read More »NTPC strides towards building 60 GW Renewable Energy capacity by 2032
NTPC Renewable Energy Ltd , a 100% subsidiary of NTPC, has received the go-ahead from Ministry of New and Renewable Energy (MNRE) to set up 4750 MW renewable energy park at Rann of Kutch in Khavada, Gujarat. This will be India’s largest solar park to be built by the largest power producer of the country. NTPC Renewable Energy Ltd (NTPC ...
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