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Industry News

GST likely to impact renewable energy sector: Ministry report

The key factors resulting in an adverse impact on the cost of renewable energy are removal of exemption, increase in tax rates and removal of statutory norms.

Jan 12, 2016

Bio-Energy Alliance formed

On the last day of the second international conference on ‘Recent Advances in Bio-energy Research’ at the Sardar Swaran Singh National Institute of Bio-Energy (SSS-NIBE), Kapurthala, an autonomous institution of the Ministry of New and Renewable Energy (MNRE), Government of India, a Bio-Energy Alliance (BEA) was formed in order to support the national efforts to develop technology and promote the use of bioenergy and biofuels.

Mar 4, 2016

A hybrid route to renewable power

India aspires to achieve an ambitious target of 175GW of renewable energy by 2022. A large share of this goal — 100GW — is expected to come from solar energy and a relatively smaller share from bio-energy, which is contributing 10GW.

Jul 27, 2016

Modi power plans slow to light rural India as 240 million still live in darkness

Power shortages cost India the equivalent of about 7% of GDP, the World Bank said in 2010, when the country witnessed supply deficits of almost 15%

Jan 25, 2017

SAUBHAGYA Scheme launched in Manipur 1.75 lakh households of Manipur proposed to be included under the Scheme

The Pradhan Mantri Sahaj Bijli Har Ghar Yojana (SAUBHAGYA) was launched in Manipur today, by Union Minister of State (IC) for Power and New & Renewable Energy, Shri R.K. Singh and Shri N. Biren Singh, Chief Minister of Manipur. A total of approximately 1.75 lakh households (1.62 lakh rural households and 0.13 lakh urban households) of Manipur are proposed to be included under the Scheme.

Nov 29, 2017

Govt approves continuation of off-grid solar PV applications scheme

The Cabinet Committee on Economic Affairs - chaired by Prime Minister Narendra Modi - has given approval for implementation of off-grid and decentralised solar PV (photo voltaic) application programme phase-III.

Jun 6, 2018

Rooftop solar panels to generate electricity for government buildings in Maharashtra

The off-grid renewable energy policy, which is due to be placed before the state cabinet soon, is also looking at promoting steam-based solar cooking systems in community buildings like jails, hospitals and government hostels.

Jan 13, 2016

India plans support scheme for large-scale domestic solar equipment manufacturing

The Indian government is planning a policy to support the development of large-scale solar manufacturing facilities in India, according to energy minister Piyush Goyal. Goyal's comments at the Surya Kranti Summit Organised by Bharat Solar-Power Development Forum in New Delhi have been widely reported by the local press.

Mar 7, 2016

How Lighting India Empowers Women Through Off-Grid Solar Solutions

Nearly 80 million Indian households — or approximately 400 million people — still use kerosene as a primary source of fuel for lighting. Kerosene is unhealthy, polluting, and expensive. Not only is it detrimental to people’s daily lives, the lack of efficient energy sources also limits educational and economic opportunities.

Aug 2, 2016

Solar players expect tax incentives in budget, uncertainty over GST remains

Amid uncertainties over the impact of Goods and Services Tax (GST) and Make in India programme being affected by falling prices of Chinese modules, solar manufacturers and developers are expecting tax incentives and policy drive to make unused money of clean energy fund available to the sector in the forthcoming union budget.

Jan 30, 2017

India Should Focus On To Build Solar-Electricity Storage System: Researcher

The Fellow & Area Convenor at the Centre for Resource Efficiency and Governance in The Energy and Resources Institute (TERI), Nitya Nanda emphasized on building a robust storage system for electricity to have balance cost-effective energy mix. Nitya also stated about the process having a mismatch between peak demand and electricity generation period for solar.

Nov 29, 2017

India’s Energy Minister Wants to Quadruple Solar Installs Over the Next Year

India may increase its solar energy capacity four-fold during the next fiscal year ending March 2017, Piyush Goyal, Union Minister of Coal, Power and Renewable Energy says.

Jul 6, 2018

Indian energy ministry pushes for renewables exemption from new tax laws

India’s Ministry of New and Renewable Energy (MNRE) put in a request with the Department of Revenue for renewable energy to be exempted from some effects of the Goods and Services Tax (GST) bill, should it be passed in parliament, MNRE joint secretary Tarun Kapoor has confirmed to PV Tech.

Jan 13, 2016

The India Lab selects four innovative ideas to drive finance to renewable energy and green growth in India

The India Innovation Lab for Green Finance has selected four new ideas for green finance instruments to move forward for development in the next phase of its inaugural year. Lab Members, consisting of experts from government, finance, renewable energy, and infrastructure, met on 22 February in New Delhi to vote on four ideas showing the most potential to drive more private investment and leverage public finance for India’s green growth targets, out of a list of 61 strong ideas that were submitted through an open call for ideas.

Mar 7, 2016

Government Leaders and Private Sector Renew Commitments to Achieve Universal Energy Access in India

Over 400 leaders from business enterprises, financial institutions and government have renewed their commitment in supporting India achieve national climate plans to deliver access to sustainable energy and drive India's low carbon transition at this year's India Energy Access Summit.

Aug 12, 2016

Budget 2017: Arun Jaitley sets aside Rs 5472 cr for renewable ministry

In the Union Budget for 2017-18, Finance Minister Arun Jaitley allocated Rs 5,472.84 crore for the Ministry of New and Renewable Energy (MNRE), which is an increase of 25 percent from FY17 revised estimates.

Feb 1, 2017

PSPCL increases its share of renewable energy, signs agreement for 150 MW wind power

The Punjab state power Corporation Limited (PSPCL) has added increased its share of renewable energy has risen to 20% of the total energy produced via Thermal and Hydel sources in the state by signing an agreement with Solar Energy Corporation of India (SECI) to buy additional 150 MW of power.

Nov 30, 2017

India’s solar power capacity touches 5,000 MW

Rajasthan leads the pack with 1,264 MW, followed by Gujarat (1,024 MW), Madhya Pradesh (679 MW), Tamil Nadu (419 MW), Maharashtra (379 MW) and Andhra Pradesh (357 MW).

Jan 15, 2016

323 villages electrified last week: Government

A total of 323 villages in nine states were electrified during last week, ending March 13, under the Deen Dayal Upadhyaya Gram Jyoti Yojna, an official statement said on Monday.

Mar 14, 2016

Off-grid solar can meet India’s power demand

The slow pace of capacity addition in the solar sector has created room for a variety of off-grid solar solutions to grow and provide electricity to those as yet not connected to the power grid, according to a private sector industry leader.

Aug 13, 2016

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