Shri Raj Kumar Singh, Union Minister of State (I/C) Power, New and Renewable Energy, and Minister of State, Skill Development and Entrepreneurship, Government of India said that in the last 6 years, India’s installed renewable energy capacity has increased by over two and a half times and stands at more than 141 Giga Watts (including large Hydro), which is about ...
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IREDA invites bids for Rs. 4500 crore Solar PLI scheme
Indian Renewable Energy Development Agency Ltd. (IREDA), a PSU under the Ministry of New & Renewable Energy (MNRE) has invited bids from solar module manufacturers for setting up solar manufacturing units under the central government’ Rs. 4,500 crore Production Linked Incentive (PLI) scheme. MNRE has appointed IREDA as the implementing agency for the scheme. The Union Cabinet had earlier approved ...
Read More »Budget 2021-22 augments Capital of SECI and IREDA to promote development of RE sector
Finance Minister Smt Nirmala Sitharaman in her budget speech 2021-22 announced capital Augmentation of Solar Energy Corporation of India Limited (SECI) and Indian Renewable Energy Development Agency Limited (IREDA). She said “To give a further boost to the non-conventional energy sector, I propose to provide additional capital infusion of Rs.1,000 crores to Solar Energy Corporation of India and Rs. 1,500 ...
Read More »IREDA sanctions loans of Rs. 12,696 crore and disburses Rs. 8,785crore supporting capacity addition of 5673 MWduring 2019-20
The 33rd Annual General Meeting (AGM) of Indian Renewable Energy Development Agency Ltd. (IREDA) , the PSU under Ministry of New & Renewable Energy, held yesterday at India International Centre, New Delhi. Annual accounts for financial year 2019-20 were adopted at the AGM. Addressing the Directors and Shareholders, Shri Pradip Kumar Das, CMD, IREDA highlighted the performance of FY2019-20 and informed ...
Read More »CSIR-CMERI develops World’s Largest Solar Tree
CSIR-CMERI has developed the World’s Largest Solar Tree, which is installed at CSIR-CMERI Residential Colony, Durgapur. Prof.(Dr.) Harish Hirani, Director, CSIR-CMERI, while elaborating about the technology stated that, “The installed capacity of the Solar Tree is above 11.5 kWp. It has the annual capacity to generate 12,000-14,000 units of Clean and Green Power”. ...
Read More »ISA to showcase state of the art, next generation technologies at the First World Solar Technology Summit next month
Shri R.K. Singh,President of the ISA Assembly and Union Minister of State for Power and New & Renewable Energy (IC) and Skill Development & Entrepreneurship, today shared details of the First World Solar Technology Summit being organized by ISA on a virtual platform on September 08, 2020. The objective of the event is to bring the spotlight on state-of-the-art technologies ...
Read More »Envisages 10 MW grid connected solar project and various solar off-grid applications like solar trees, solar drinking water kiosks, etc
The Ministry of New and Renewable Energy (MNRE) has taken up the Complete Solarisation of Konark sun temple and Konark town in Odisha. Speaking about the Scheme, Shri R K Singh, MoS(i/c) for Power and MNRE has said, “Government of India launched the Scheme with an objective to take forward the Prime Minister’s vision to develop the historical Sun temple ...
Read More »MNRE gives major push towards setting up RE Equipment Manufacturing Parks in India
The Ministry of New and Renewable Energy(MNRE) has initiated action in big way towards setting up new hubs for manufacturing renewable energy equipments in the country to meet both domestic and also cater to global demand. With this objective in view, Ministry has written to various State Governments and various Port Authorities to identify land parcels of 50-500 acres for ...
Read More »Government committed towards providing clean and green energy at cheaper rate: Union Environment Minister
The Ministry of Environment, Forest and Climate change has decided to relax the mandatory charging of lease rent of Rs. 30,000/- per MW for wind power projects. In a review meeting Union Minister for Environment, Forest and Climate Change, Shri Prakash Javadekar took a conscious decision to relax the condition of charging the lease rent of Rs. 30,000/- per MW ...
Read More »3,217 Million US$ received as FDI in Renewable Energy Sector Renewable Energy Capacity reaches about 74GW as on 30/11/2018
The FDI data cell of the Department of Industrial Policy and Promotion (DIPP) compiles and maintains the data of Foreign Direct Investment (FDI) Equity inflow received in the country. The FDI equity inflow from April, 2015 to June, 2018 in the Non-Conventional Energy Sector is as under: – Sl No Year FDI in US$ million 1 2015-16 Apr-Mar 776.51 2 ...
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