In a decision that would give boost to the ocean energy in India, Union Minister, Shri RK Singh approved a proposal to declare ocean energy as Renewable Energy. Accordingly, the MinistryContinue Reading
India’s state-run electricity distribution companies will have to pay a fixed charge to renewable energy firms if they don’t draw scheduled power and also don’t maintain letters of credit. TheContinue Reading
Oil India Limited (OIL), a Navaratna enterprise, has invited prospective bidders to develop 100 MW (AC) of solar project capacity anywhere in India. The projects will be tendered under theContinue Reading
The union budget presented by the finance minister Nirmala Sitaraman is a dampener when it comes down to the Renewable Energy Sector. Industry was looking forward to the budget inContinue Reading
India has set very ambitious capacity addition targets in the offshore wind energy sector. The country plans to have an operational offshore wind energy capacity of 5 gigawatts by 2022Continue Reading
Financial and project implementation troubles for Indian renewable energy (RE) developers do not seem to cease. We had recently reported about several solar power developers who were awaiting payments forContinue Reading
Shri RK Singh, Union Minister of State (IC) for Power and New & Renewable Energy recently held a meeting to review various issues pertaining to the Renewable Energy (RE) sector.Continue Reading
The Ministry of New and Renewable Energy (MNRE) recently announced the capacity addition target for solar power in the financial year 2019-20. India aims to add 8.5 gigawatts of solarContinue Reading
