MNRE Continues Custom Duty Concession for Non-Conventional Power Projects
The Ministry of New and Renewable Energy (MNRE) has issued a memorandum regarding continuation of issue of concessional custom duty certificate (CCDC) to set up projects for generation of power ...
Siemens and Drax Power Enter £40 Million Contract for Upgradation of Biomass Turbines
Drax Power and Siemens have signed a £40 million ($52.47 million) contract for the upgrade of turbines on three of Drax Power’s biomass units over the next three years. The ...
Indian Public Sector Banks Issued More Loans to Coal than Renewables
Public sector banks in the country funded more coal projects than renewable projects in 2017, according to the latest report issued by the Center for Financial Accountability (CFA), a financial ...
India Plans to Deploy Seven Million Electric Vehicles by 2020
India is targeting the deployment of five to seven million electric vehicles in the country by 2020 under the National Electric Mobility Mission Plan (NEMMP) 2020. The NEMMP’s goal is ...
Hydropower Projects Delayed in India Due to Complex Clearance Procedures
Several hydropower projects in India are witnessing significant overruns in both time and costs. Only 28 percent of the total hydropower potential in India - out of 148 GW has ...
NITI Aayog Says Solar’s Share of Electricity to be 14-18 percent by 2040, Up from Current 1%
The National Institution for Transforming India (NITI Aayog) has released its draft national energy policy (NEP) for 2017. The report predicts that the share of solar and wind to be 14 to ...
India’s Power Supply Deficit was 0.5 Percent in April 2017
In April 2017, India recorded a power supply deficit of 0.5 percent. 100,801 million units (MU) of energy was supplied against the requirement of 101,329 MU, according to the Central ...
CERC Releases Draft Renewable Energy Tariff Regulations for 2017-2020
The Central Electricity Regulatory Commission (CERC) released their draft tariff regulations for 2017 to 2020. The public hearing on the draft will be held on March 15, 2017, and the ...
India’s Renewable Energy Installed Capacity Doubles with the Inclusion of Hydro
At the recently conducted Power Ministers’ conference in Goa, Hydro power has been granted renewable energy status. It was also decided that a separate renewable energy purchase obligation (RPO) should ...
Kerala Targets 1 GW in Renewable Energy Installations to Meet Energy Demand
The renewable energy sector in Kerala could soon get a boost. The state plans to set up close to 1,000 MW of renewable energy projects comprising of solar and wind ...
