Rajasthan Budget Targets 1.4 GW of Wind, 4.9 GW of Solar in the Next Five Years

Rajasthan Budget Targets 1.4 GW of Wind, 4.9 GW of Solar in the Next Five Years

The revised 2019-2020 budget for Rajasthan has introduced various grants for the renewable energy sector. The chief minister of Rajasthan, Ashok Gehlot, in his budget speech, mentioned that the new ...
Budgetary Allocation for Solar Increased by 1% While Coal Gets a 48% Boost in 2019-20

Budgetary Allocation for Solar Increases by 1% While Coal Gets a 48% Boost in 2019-20

In the recently announced budget for FY 2019-2020, there is a very slight increase in the budgetary allocation of funds for the solar energy sector when compared to the allocation ...
Budget 2019

Promising Budget 2019 Instills Hope in India’s Renewable Industry and E-Mobility Segment

The new budget is here and it sounds promising for the country’s fledgling non-conventional energy sector. This year’s budget shows a marked increase in the budgetary allocations for renewable energy ...
Gujarat’s New Budget Emphasizes on the Growth of Rooftop Solar Sector

Gujarat’s New Budget Emphasizes on the Growth of Rooftop Solar Sector

In the Gujarat state’s budget announced for the current financial year (FY) 2019-2020, a recalibrated target of 30 GW of renewable capacity by 2022 has been announced. This target includes ...
CERC Agrees to Extend Retrofitting Timeframe for Suzlon’s 7.4 GW of Wind Projects

Pakistan Gives Tax Exemption for 5 Years to Solar and Wind Equipment Manufacturing

The Pakistan government has proposed a five-year exemption of taxes for manufacturing of solar and wind energy equipment in its budget bill, reported Reuters. The tax break is expected to ...
/ / Markets & Policy, Solar
Rajasthan Sets Solar RPO for FY 2019-20 at 6%, Retroactively Revises 2018-19 Target

“Nothing in it for Us”: Solar Industry Reacts to 2019 Budget

The interim budget announced by interim Finance Minister Piyush Goyal did not offer much for India’s renewable energy sector. Mercom had reported that the budget could be an opportunity to help ...
/ / Markets & Policy, Solar
MNRE Utilized ₹36.13 Billion from NCEEF Fund in FY 2017-18

MNRE Utilized ₹36.13 Billion from NCEEF in FY 2017-18

The Ministry of New and Renewable Energy (MNRE) had not utilized the entire budget allocated to it by the National Clean Energy and Environment Fund (NCEEF) during financial year (FY) ...
Bonds

2017-18 Budget a Disappointment for the Indian Renewable Energy Sector

Overall, India’s 2017-18 budget is a disappointment for renewable energy sector. There were no major subsidies or incentives announced. There had been hope that reduction in accelerated depreciation and the ...
/ / Markets & Policy, Other