MNRE issues Draft Guidelines for JNNSM Phase-2 Batch-2 Scheme
MNRE (Ministry of New and Renewable Energy), has officially issued Draft Guidelines for selection of 1500 MW Grid Solar PV power projects under National Solar Mission, Phase-II Batch-II Scheme. Here are some key points of the proposed scheme: It is to be
India to Launch Bidding for 1500 MW of Solar Power Projects under JNNSM
India under its JNNSM (Jawaharlal Nehru National Solar Mission) is about to launch bidding for 1500 MW of solar power projects. The bidding will come under the JNNSM Phase 2 Batch 2, which aims to achieve 10 GW of solar power
MNRE favors REC markets for Solar Power
India's ministry of new and renewable energy (MNRE) is favoring REC markets for development of solar power. Eminent members of the ministry are of the view that solar REC markets will revive soon as they expect buyers jumping in. This
Govt. pushes for stronger RPO enforcements
The Ministry of New & Renewable Energy (MNRE) has written to Ministry of Power (MoP) to include stronger enforcement provisions in the Electricity Act itself, which at present is absent. An article in Business Standard, quoted Joint Secretary of MNRE saying
Gujarat DISCOMs approach CERC to seek REC benefits
Gujarat Urja Vikas Nigam Limited (GUVNL) on behalf of DISCOMs , had approached Hon'ble CERC for certain amendments to REC regulations, enabling the former to claim solar RECs as "Eligible Entity" for excess procurement over & above the stipulated RPO
Govt mulling to introduce hydro tradable certificates
As per an article in Economic Times (refer), government is using an accelerated approach towards promotion of India's hydro power assets. A recent progress on this pertains to introduction of tradable hydro certificates (on the lines of RECs). Demand for
Financial assistance for small hydro power projects
According to a recent release (Release no.101304) in press information bureau of India, the Hon'ble minister for new and renewable energy has produced in a written note to Lok Sabha, that financial assistance will be provided to states from GoI to
India slips to eighth spot in RE attractive index
India’s overall ranking slipped from previously fourth position to eighth position recently in the world renewable energy attractive index as per Ernst & Young survey. This survey was for first quarter of 2013. The reason for such a decline in
75% local content in JNNSM 2nd Phase – MNRE
Against the backdrop of the recent episode in which the United States dragged India in World Trade Organization (WTO) for local content requirement in JNNSM Ist phase, the ministry of new and renewable energy has come out with a bold
India drafts Offshore wind energy policy
India recently unveiled a draft policy, for offshore wind energy development in the nation. Offshore wind farms are preferred because of the non-availability of land in densely populated coastal areas with high wind potential. The added efficiency of offshore wind power