Ministry of New and Renewable Energy

In general, solar power projects are likely to result in various benefits like electricity generation, economic development, local direct and indirect employment, etc. around the area that they come up. Government has approved 8 solar…

Centre for Energy Finance of the Council on Energy, Environment and Water, i.e. CEEW-CEF, in its report of May 2022 titled ‘Making India a Leader in Solar Manufacturing’, has inter-alia, mentioned that setting up of 16 GW of polysilicon, 29…

The Government of India is implementing the Production Linked Incentive (PLI) Scheme under National Programme on High Efficiency Solar PV Modules, for achieving domestic manufacturing capacity of Giga Watt (GW) scale in High Efficiency…

The State-wise and source-wise details of renewable energy capacity addition in the country during the last five years & current year i.e. from 2017-18 to 2022-23 (upto Feb 2023) are given in Annexure- I. So far, a total of 168.96 GW…

Major payment security mechanisms to de-risk investment in renewable energy inter- alia include:Letter of Credit (LC)Payment Security FundsTripartite Agreement (TPA) between Ministry of Power, RBI and State Government (if applicable)These…

New Delhi: Indian Renewable Energy Development Agency Ltd. (IREDA) signed a Memorandum of Understanding (MoU) with Ministry of New and Renewable Energy (MNRE), Government of India, setting annual performance target for the year 2022-23.…

New Delhi: After the Cabinet approved the National Green Hydrogen Mission yesterday , Shri R.K. Singh, Union Minister of Power and New & Renewable Energy chaired an interaction with stakeholders today.Shri R.K Singh informed the…

New Delhi: The Union Cabinet, chaired by the Hon’ble Prime Minister Shri Narendra Modi, has approved National Green Hydrogen Mission. The initial outlay for the Mission will be Rs.19,744 crore, including an outlay of Rs.17,490 crore for…

Government have taken several initiatives to for promotion and creation of new markets in the renewable energy sector. These include :Permitting Foreign Direct Investment (FDI) up to 100 percent under the automatic route,Waiver of Inter…

A Strategic Sector Cooperation agreement and a letter of intent between the Ministry of New and Renewable Energy and the Ministry of Energy, Utilities and Climate of the Kingdom of Denmark were signed on 06.03.2019. The cooperation…