nirmala-sitharaman

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Residential Rooftop Solar Subsidy to be Increased to 60%: R K Singh

Free electricity will be provided for households with a consumption of less than 300 units a month by installing rooftop solar systems on their homes, according to an...

February 5, 2024

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B.S. Nagaraj

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Rooftop

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Solar
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Renewable Energy Industry Mostly Upbeat with Budget 2022: Industry Reactions

The Union Budget for the financial year (FY) 2022-23 presented by Finance Minister Nirmala Sithararman has been well received by the renewable industry. Some of the...

February 4, 2022

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Rakesh Ranjan

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Mercom Research Focus

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Other
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Finance Minister Announces ₹3.03 Trillion for Upgrading DISCOMs

The Union Finance Minister Nirmala Sitharaman announced the ‘Economic Relief from Pandemic’ package and declared several sops for power distribution companies (DISCOMs),...

June 29, 2021

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Rahul Nair

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Grid

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Market & Policy
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Budget 2021 Receives Mixed Reactions from Energy Sector Stakeholders

The 2021-22 Budget tabled in the Parliament by the Finance Minister, Nirmala Sitharaman, has received a mixed response from stakeholders in the energy sector. While the...

February 3, 2021

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Rahul Nair

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Mercom Research Focus

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Other
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Finance Ministry Announces Economic Relief Measures Amid Coronavirus Outbreak

In the wake of the deadly Coronavirus (COVID-19) outbreak, which has affected the global economy, India’s Finance Minister Nirmala Sitharaman today announced relief...

March 24, 2020

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Anjana Parikh

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Finance and M&A

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Other
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Budget 2020 Allocates ₹220 Billion to Power & Renewable Energy Sector, Empowers Consumers

Amid the ongoing economic slowdown, the Union Budget 2020-21 has tried to instill hope in the investors and taxpayers. The Finance Minister Nirmala Sitharaman presented...

February 1, 2020

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Anjana Parikh

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Mercom Research Focus

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Other
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In a Boost to Electric Mobility, India Slashes GST on Electric Vehicles from 12% to 5%

In a positive development towards increasing electric mobility in the country, the government has cut the applicable rate of Goods and Services Tax (GST) on electric...

July 29, 2019

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Ramya Ranganath

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Electric Vehicles

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Market & Policy
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Budget 2019 Provides Impetus to India’s Transition to E-Mobility and EV Manufacturing

In the latest Union Budget for FY 2019-2020, the Modi government 2.0 has provided strong support to the nascent electric vehicle industry with the announcement of tax...

July 12, 2019

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Ramya Ranganath

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Electric Vehicles

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Grid
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India’s Economic Survey Predicts $330 Billion Investment in Renewable Sector by 2030

India is among the top five countries in the world in terms of installed wind and solar capacity. According to the Economic Survey 2018-19, India ranks fourth in terms...

July 9, 2019

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Saumy Prateek

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Other

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Renewable Energy
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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...

July 5, 2019

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Saumy Prateek

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Markets & Policy

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Solar
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BEL Inaugurates 16 MW Solar PV Project in Chennai’s Avadi

Bharat Electronics Limited (BEL), a defence public sector undertaking (PSU), has successfully completed the construction of a 16 MW solar PV project at the Heavy Vehicle...

June 11, 2018

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Nitin Kabeer

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Markets & Policy

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Solar

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