New Delhi [India] : Solar energy capacity in India has increased from 28,180 megawatts in March 2019 to 53,996 megawatts at the end of 2021-22, Union Minister of New and Renewable Energy and Power RK Singh informed Parliament earlier this week. Accordingly, in the past three years, the solar capacity in the country increased by […]
India to bolster carbon trading market with stabilisation fund – EQ Mag
NEW DELHI : India is planning a stabilization fund to keep prices of credits in its planned carbon market above a certain threshold, ensuring that they remain attractive for investors and that the market succeeds in cutting emissions, two government sources said. Money in the fund would be used by a market regulator to buy […]
Generation of Renewable Energy – EQ Mag
Details of the ongoing major Renewable Energy Schemes / Programmes Scheme for Development of solar parks and Ultra-mega Solar Power Projects with a target of setting up 40,000 MW capacity. Under the scheme, the infrastructure such as land, roads, transmission system (internal and external), pooling stations, water feasibility is developed with all statutory clearances/ approvals. […]
Scope for New and Renewable Energy – EQ Mag
In line with the Prime Minister’s announcement at COP26, Ministry of New and Renewable Energy is working towards achieving 500 GW of installed electricity capacity from non-fossil sources by 2030, and achieving Net Zero by 2070. A total of 172.72 GW capacity from non-fossil fuel based energy resources has been installed in the country as […]
Power deficit declines to 0.1 pc in October from 2 pc in April this year – EQ Mag
The data showed that the deficit was 2,752 million units (units) in April this year which came down to 124 MU in October, 2022. Power deficit or gap between electricity required and supplied has fallen from two per cent in April this year to 0.1 per cent, Parliament was informed on Thursday. ”The gap between […]
Renewable energy storage expensive; coal, gas power forms base load at present – EQ Mag Pro
Union Minister R K Singh on Friday said electricity generated from coal and gas forms the base load as round-the-clock supply of renewable energy is not viable at present due to expensive storage. The power minister while addressing a seminar on National Bioenergy Programme here also said eventually coal and gas-based energy will be phased […]
Solar Alliance aims to provide energy access to 700 million people: R K Singh
India and France are re-elected as President and Co-President of the International Solar Alliance (ISA) at the fifth general assembly of the body The International Solar Alliance (ISA) objective is to give electricity access to about 700 million people, who currently do not have electricity access, through renewable energy, Union Power Minister R K Singh […]
R K Singh seeks states cooperation to achieve Rs 50 lakh cr investment in power sector in next decade
New Delhi : Union Power Minister R K Singh on Saturday sought states’ cooperation to achieve the investment target of Rs 50 lakh crore in the power sector against the backdrop of estimates of doubling of electricity demand in the next decade. Singh chaired the conference of power and renewable energy ministers of state/ UTs […]
‘India’s power demand set to double by 2030’ – EQ Mag Pro
New Delhi : India’s power demand is set to double by 2030, which will require capacity addition and this will entail huge capital investment, Minister for Power R.K. Singh said on Friday. He also noted that to achieve energy transition towards green hydrogen, distribution companies or DISCOMS across the country will have to follow prudent […]
Meeting of Parliamentary Consultative Committee attached to Ministry of Power held – EQ Mag Pro
The Meeting of Parliamentary Consultative Committee attached to the Ministry of Power was held in New Delhi today. Union Minister for Power and MNRE Shri R.K Singh chaired the meeting. Minister of State for Power and Heavy industries Shri Krishan Pal Gurjar was also present in the meeting. Hon’ble Members of Parliament of various political […]