Shri @PiyushGoyal handing over @MNREIndia to Shri R.K. Singh

After Solid Accomplishments, Piyush Goyal Makes Way for Raj Kumar Singh as India’s New Minister of Power

In a recent cabinet shuffle, Mr. Piyush Goyal was promoted to the position of Minister of Railways and Coal and Mr. Raj Kumar Singh took over his old role as ...
/ Markets & Policy, Solar
India Renewable Energy Policy Roundup

India Renewable Energy Policy Roundup from August 2017

Government agencies were busy in the month of August with two anti-dumping cases decided against Chinese companies for solar glass and castings for wind turbines. The Ministry of New and ...
/ Other, Renewable Energy
Solar RPO In India

Solar RPO in India to be Set at 6.75 Percent for FY 2018-19

The solar renewable purchase obligation (RPO) for financial year (FY) 2018-19 will be set at 6.75 percent, stated Mr. Piyush Goyal, Minister for Power, in the Lok Sabha. The non-solar ...
/ Solar, Utility Scale
Piyush Goyal

RPO System to be Re-evaluated Says Power Minister Piyush Goyal

A separate solar and non-solar renewable purchase obligations (RPO) system should be reviewed according to Mr. Piyush Goyal, Minister of Power. If what’s been proposed by Mr. Goyal comes to ...
/ Other, Renewable Energy
Greening the Grid

India Can Integrate 175 GW of Renewable Energy into the Electricity Grid, Study Reveals

India can integrate the entire targeted 175 GW of renewable energy into the national electricity grid based on projected power system plans and regulations according to a study conducted under ...
/ Grid, T&D
Weather Portal for Power Sector

Weather Portal for Power Sector launched in India

A weather portal for the power sector developed by the Power System Operation Corporation (POSOCO) and India Meteorological Department (IMD) and a web portal named MERIT (Merit Order Dispatch of ...
/ Other, Press Releases
Building Code

Energy Conservation Building Code 2017 Launched

The Energy Conservation Building Code (ECBC) 2017 was launched by Piyush Goyal, Minister of Power. The adoption of ECBC is expected to lead to 30 percent-50 percent energy savings by ...
/ Energy Efficiency, Other
GST

Solar Modules to be Hit With 18% GST Rate in India, Coal Gets 5%

The government of India has released tax slabs for various commodities to be affected by the implementation of the Goods and Services Tax (GST). According to the government document, GST ...
/ Modules, Solar
Bonds

NTPC Raises Rs. 20 Billion (~$305 Million) through Green Masala Bonds

The National Thermal Power Corporation (NTPC) has raised Rs. 20 billion (~$305.47 million) through the issuance of Green Masala Bonds in the overseas market. These bonds were issued under NTPC’s ...
/ Finance and M&A, Other
Interest Costs of DISCOMs Reduced by Rs.119.89 Billion (~$1.83 Billion) Under UDAY Program

Interest Costs of DISCOMs Reduced by Rs.119.89 Billion (~$1.83 Billion) Under UDAY Program

In the first nine months of India’s current financial year (FY) 2016-2017, the interest costs of states and union territory DISCOMs that have joined the Ujwal DISCOM (distribution company) Assurance ...
/ Markets & Policy, Solar
village light-up

12,364 Villages Electrified Under the DDUGJY Program

A total of 12,364 villages have been electrified under the Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) program as of February 28, 2017. A total of 6,088 villages are yet ...
/ Grid, T&D
LED

90 Million LED Bulbs Distributed Under UJALA Program in Financial Year 2015-2016

Energy Efficiency Services Limited (EESL) has distributed 90 million LED bulbs under the Unnat Jyoti by Affordable LEDs for All (UJALA) program in the financial year 2015-16. Under the UJALA ...
/ Energy Efficiency, Other
MNRE to Receive ~Rs.53.41 Billion (~$817 Million) From National Clean Energy Fund for FY2017-2018

MNRE to Receive ~Rs.53.41 Billion (~$817 Million) From National Clean Energy Fund for FY2017-2018

The Ministry of New and Renewable Energy (MNRE) will receive ~Rs.53.41 billion (~$817 million) from the National Clean Energy Fund (NCEF) for financial year 2017-2018. The National Clean Energy Fund ...
/ Finance and M&A, Other
India Solar Installation to Double

Solar Installations in India to Double in the Next 15 Months According to Minister of Power

According to the Indian Minister of Power, solar installations in India are expected to double in the next 15 months to cross 20 GW by June 2018. As of March ...
/ Solar, Utility Scale
India Off-grid Solar

149 MW of Solar Installed Under Off-Grid Program

Standalone solar projects aggregating 149 MW have been installed in India under the off-grid program. The Ministry of Power is providing help to develop standalone solar power projects under off-grid ...
/ Off-grid, Solar
transmission project

Rs.72.68 Billion (~$1.09 Billion) Inter-Regional Power Transmission Project Approved

India’s transmission sector is getting some much needed funding in order to meet the country’s growing solar installations. Fifty-seven inter-regional power transmission projects have been approved under the Power System ...
/ Grid, T&D
Piyush Goyal

MNRE: Cumulative Solar Installations in India Crosses 10 GW

Cumulative solar installations have crossed 10 GW in India according to The Ministry of New and Renewable Energy (MNRE). Mercom’s India Quarterly Market Update with detailed installations figures, forecasts, pipeline ...
/ Solar, Utility Scale
Domestic Solar Manufacturers

No Incentive Packages for Domestic Solar Manufacturers So Far

The incentive program that was being considered by MNRE to support the Indian domestic solar manufacturers will not be moving forward. With the solar sector in India largely dependent on ...
/ Modules, Solar
World Bank

World Bank Launches Global Solar Atlas in Partnership with International Solar Alliance

The World Bank, in partnership with the International Solar Alliance (ISA), launched the Global Solar Atlas, a free, web-based tool to help investors and policymakers identify potential sites for solar ...
/ Solar, Technology
UDAYTelangana Assam

Telangana and Assam Join UDAY Program

The Indian states of Telangana and Assam became the 19th and 20th signatory states of the Ujwal DISCOM (distribution company) Assurance Yojana (UDAY) program, a government program designed to bring ...
/ Grid, Utilities
Clean Energy Finance

OPIC and MNRE Launch $20 Million US-India Clean Energy Finance Facility Initiative

The Government of India and the Overseas Private Investment Corporation (OPIC), the U.S. government’s development finance institution, has launched the US-India Clean Energy Finance (USICEF) Facility Initiative with $20 million ...
/ Grid, Utilities
Solar Park Infrastructure

Mercom Exclusive: Incomplete Solar Park Infrastructure Affecting Large-Scale Project Development in India

India is targeting 100 GW of solar by 2022, out of which 20 GW has been allocated to solar parks. The Ministry of New and Renewable Energy (MNRE) is considering ...
/ Solar, Utility Scale
Railway Station

Solar Installations Picking Up in the Indian Transportation Sector

Solar installations are starting to pick up in the Indian transportation sector. Replying to a question in the Lok Sabha regarding the government’s plan to install solar power systems in ...
/ Off-grid, Solar
Rs.670 Million Approved for Solar Cities Program

Rs.670 Million Approved for Solar Cities Program

The Minister of Power Mr. Piyush Goyal announced in the upper House of Parliament that Rs.670 million (~$9.88 million) has been approved to develop solar cities across India. Under this ...
/ Markets & Policy, Solar
Government of India Plans to Establish New Central Transmission Utility

Government of India Plans to Establish New Central Transmission Utility

The government of India is said to be considering the establishment of a dedicated Central Transmission Utility (CTU). Replying to whether the government is contemplating the creation of a separate ...
/ Grid, Utilities