“During our darkest moment, we must focus on the light,” the RBI Governor said. The Reserve Bank of India (RBI) on Friday freed up more capital for banks to lend, announced a fresh Rs 50,000 crore targeted long-term repo operation (LTRO 2.0) to address the liquidity stress of shadow banks and microfinance institutions and hinted […]
For now No penalty for not installing rooftop solar plants in Chandigarh
Debendra Dalai, CEO, Chandigarh Renewal Energy, Science and Technology Promotion Society (Crest), said the administration would hold a meeting once the lockdown is over to decide the future course of action CHANDIGARH: Even though March 31 had been set as the last date to install solar plants in residential houses, in the wake of lockdown, […]
Quote By Pinaki Bhattacharyya, CEO Amp Energy India, On the Government Guidelines on Construction of Renewable Energy Projects
Quote By Pinaki Bhattacharyya, CEO Amp Energy India, On the Government Guidelines on Construction of Renewable Energy Projects. Start of construction activity is a respite for the RE industry because stalled RE projects were adversely affecting project developers and also hampering new capacity additions. However, the developers need to exercise utmost caution if they resume […]
EXIT FROM THE LOCKDOWN – A CII STRATEGY
EXIT FROM THE LOCKDOWN – A CII STRATEGY For more information please see below link:
Tariff cut likely for regulated power companies
A senior government official said the issue was raised by power secretaries of various states during their interaction with Union power and renewable energy minister RK Singh last Thursday NEW DELHI: Regulated power plants may have to take a tariff haircut on return on equity and fixed costs, as the government is considering a demand […]
COVID-19: MNRE to promote local manufacturing, export hubs for renewable energy
“All states and ports are requested to identify land parcels of 50-500 acres for setting up renewable energy manufacturing and export services hub,” said Anand Kumar, secretary, MNRE, in a twitter post recently New Delhi: In a bid to minimise the impact of COVID-19 pandemic on the heavily import-dependent domestic solar industry, the Ministry of […]
Directions to mitigate the hardship of Electricity Consumers and DISCOMs/EDs in view of nation wide lockdown due to COVID-19
Directions to mitigate the hardship of Electricity Consumers and DISCOMs/EDs in view of nation wide lockdown due to COVID-19 For more information please see below link:
MHA DO letter to Chief Secretaries and Administrators for strict implementation of Lockdown Order during extended period
MHA DO letter to Chief Secretaries and Administrators for strict implementation of Lockdown Order during extended period For more information please see below link:
Lockdown extension right move, adverse impact on EV sector in next 1-2 months: SMEV
Describing the situation as a testing time for the EV industry, SMEV Director General Sohinder Gill said it is also time for its members to conserve cash, take care of workmen and utilise this time to plan ahead New Delhi: Society of Manufacturers of Electric Vehicles (SMEV) on Tuesday said extension of the lockdown is […]
Lockdown impact: Peak power demand down 25% last week
Discoms may see fall in collections Peak power demand or highest power requirement during a day fell on an average by 25 per cent last week. According to data compiled by the Power System Operation Corporation Ltd (Posoco), the average peak power requirement from April 5, 2020 to April 12, 2020 stood at 1,22,297 MW, […]