On 4th January 2023, the Union Cabinet approved the National Green Hydrogen Mission with an outlay of ₹ 19,744 crore. The Mission inter alia proposes to encourage indigenous competitive manufacturing of electrolysers by providing financial incentives under the Strategic Interventions for Green Hydrogen Transition (SIGHT) programme. The Mission also proposes a comprehensive R&D programme inter […]
Steps by Government of India to incentivize domestic manufacturing of RE systems – EQ Mag Pro
In order to incentivize domestic manufacturing of Renewable Energy systems, the Government has taken a number of steps, including: Solar Energy: Modified Special Incentive Package Scheme (M-SIPS) Scheme of Ministry of Electronics & Information Technology. Production Linked Incentive (PLI) Scheme for High Efficiency Solar PV Modules Preference to ‘Make in India’ in Public Procurement in […]
Steps by Government of India to promote renewable energy in the country – EQ Mag Pro
The Government has taken several steps to promote renewable energy, including wind energy, in the country. These include: Permitting Foreign Direct Investment (FDI) up to 100 percent under the automatic route, Waiver of Inter State Transmission System (ISTS) charges for inter-state sale of solar and wind power for projects to be commissioned by 30th June […]