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Safeguard duty has not been effective: Ranjit Gupta, CEO, Azure Power

We do not believe that the current safeguard duty scheme has been effective and we are wary that the proposed Basic Custom Duty will have much of an impact as well, said Gupta Delhi based solar power producer, Azure Power plans to build about 1 GW of capacity every year over five-years with an investment of $3 – […]

EQ In Exclusive Conversation With Mr. Julian Thomas Senior Project Director – Renewable Energy & Battery Portfolio – Informa Markets India Pvt Ltd

MNRE gives major push towards setting up RE Equipment Manufacturing Parks in India

Tuticorin Port Trust, Govts of M P and Odissa express keen interest Ministry initiates moves to attract investments by Firms shifting base from China Major Policy Changes brought in to incentivise the RE equipment manufacturing for domestic use and exports The Ministry of New and Renewable Energy(MNRE) has initiated action in big way towards setting […]

India’s Jakson Green nears $476 mln fundraise for renewables capacity expansion – EQ

STANDING COMMITTEE ON ENERGY

STANDING COMMITTEE ON ENERGY For more information please see below link: Action Taken on the recommendations contained in the Thirty-ninth Report (16th Lok Sabha) on Demands for Grants of the Ministry of New and Renewable Energy for the year 2018-19 For more information please see below link: For more information please see below link: DEMANDS […]

Cabinet clears India’s membership to 16-nation Energy Efficiency Hub – EQ

7591.99 MW of Renewable Energy commissioned in 2019-20 (up to Dec 2019); 34160 MW RE capacity under implementation: R K Singh

The Minister of State (I/C) For New & Renewable Energy, Power and MoS for Skill Development and Entrepreneurship Shri R K Singh informed the Rajya Sabha today while replying to a question during Question Hour that a renewable energy (RE) capacity of 7591.99 MW has been commissioned in the year 2019-20 (up to Dec 2019). […]

Cabinet clears India’s membership to 16-nation Energy Efficiency Hub – EQ

Renewable Energy Sector Makes rapid Strides in 2019

Installed Re Capacity Crosses 84GW; Nearly 1o GW Re Capacity Added in 2019 YEAR END REVIEW, 2019, MNRE   As a part of Nationally Determined Contributions as per the Paris Accord on Climate Change, India has made a pledge that by 2030, 40% of our installed power generation capacity shall be from non-fossil fuel sources […]

Cabinet clears India’s membership to 16-nation Energy Efficiency Hub – EQ

Two arrested in criminal misappropriation case of over Rs 4 crores from Ministry of New and Renewable Energy

The officials of Economic Offence Wing have arrested two people in alleged connection with a case of criminal misappropriation of Rs 4.10 crore from the Ministry of New and Renewable Energy. A complaint was filed against Pragat Akshay Urja Limited, which had set up a Special Purpose Vehicle (SPV) in the name of Sai Guru […]

Cabinet clears India’s membership to 16-nation Energy Efficiency Hub – EQ