A top government official says that while India has made significant progress in renewable energy, technical issues are hindering large-scale implementation. The government is working on solutions such as grid flexibilisation and battery storage.
Prime Minister Narendra Modi announced a Rs 1,600-crore assistance package for flood-hit Punjab after reviewing the damage. He also announced ex gratia for the deceased and injured. The state is battling its worst deluge since 1988.
'The government is actively engaging with EU to ensure that concerns of Indian companies and hard-to-abate sectors are adequately addressed under CBAM'
India stares at the risk of an influx of Chinese products as US tariffs on a range of Chinese goods, including solar panels, electric vehicles, lithium-ion batteries, syringes, and steel, are set to take effect from September 27. With higher tariffs reducing China's access to the US market, there is concern that China may divert its exports to other markets, including India, which could lead to potential dumping of goods. This situation could challenge Indian industries, particularly in sectors where competition with Chinese products is already fierce.
In seeking visa approvals for engineers from China, the company has reasoned that India lacks the expertise to set up such a solar facility.
Here is the complete list of ministers in Modi 3.0 and their portfolios:
'This is not just the IREDA's IPO. It is the success of the ministry of new and renewable energy and of the renewable energy industry.'
The Centre has taken a major step towards increasing efficiency in decision-making by empowering joint secretaries to report to secretaries directly, officials said on Wednesday.
Only 80.6 per cent of the Rs 6-trillion allocation has been spent by February, data from the Controller General of Accounts shows.
The Great Indian bustard is at the centre of another impending legal tussle. The government is planning to move the Supreme Court seeking a review of its order that asked Gujarat and Rajasthan to lay transmission lines linked to solar power units underground so as to not pose any threat to the endangered bird. The ministry of new and renewable energy (MNRE) has sought a view from the law ministry and will move the court basing its arguments on estimates showing that the bird's population was declining even before solar power plants came to the region, said a senior government official requesting anonymity.
Energy's exit is a cautionary tale for several foreign investors in India as close to 16 Gw of solar and wind power projects languish without any power purchase agreement, 24 Gw without transmission connectivity and around 2 Gw unilaterally cancelled by project developers.
Glass shortage in China and the rising prices of imported glass used in finished solar panels have already hit the cost of solar panel imports. The cost of solar modules imported by India have increased 22 per cent since June last year. India imports close to 90 per cent of its solar cells and modules, of which nearly 80 per cent is from China. Domestic solar equipment makers import glass panels and are the largest suppliers in China. The price of a solar module glass has increased 150 per cent in the past six months, revealed industry estimates.
Foreign investment firms, especially private equity, are jittery about the Indian market as uncertainty continues to shroud the energy sector.
The move comes at a time when IL&FS Energy has joined hands with SB Energy
The appointment of new expenditure secretary comes a month-and-a-half ahead of the Budget for 2020-21 to be presented on February 1.
One million schoolkids around the world build and light solar lamps.
The focus will be on tackling the unfinished agenda requiring immediate attention like tax structure for solar projects, uniform tax rate on state-organised and state-authorised lotteries, taxing non-potable alcohol besides certain changes in the law, extension for NAA and rate rationalisation.
The highest cap for the capacity would be 2 GW and can be set up in tranches at whatever location the project developer deems fit.
Tata Trusts is one of India's oldest, non-sectarian philanthropic organisations involved in areas of community development.
To boost the sagging sales of electric vehicles, the government on Wednesday approved the extension of the Ministry of New and Renewable Energy (MNRE)'s subsidy scheme to incentivise sales of electric cars and two-wheelers in the country.
About 3,500 will get it through off-grid or renewable energy solutions
India is expected to see renewable energy capacity addition of 30,000 MW, with significant contribution from wind power, over the next five years.
Under the scheme, the government will provide financial incentives for each electric vehicle sold in India during the remaining part of the 11th Plan.
India's Ministry of New and Renewable Energy proposes to develop 60 cities as solar cities.
The plan includes close to 6,000-Mw capacity to be set up by NTPC alone.
A total of 16 secretaries have been appointed to various central government departments.
PlanCom makes presentation with secretaries of key ministries in tow.
The project of deriving ethanol from a seaweed is all set to get a major boost with the Central Salt and Marine Chemical Research Institute deciding to ramp up off-shore production of the weed by manifolds.
Government has announced a slew of measures to give impetus to electric cars.
While the government is pushing for the use of renewable energy in rural areas to address the twin problems of climate change and scarcity of power, the nodal ministry for carrying out the exercise has not been performing well.
A day into the Copenhagen climate change meetings, the Union ministry of new and renewable energy has indicated that it has no definite roadmap to implement its ambitious target of 20,000 MW of solar power by 2022.
Coal Secretary Anil Swarup has been appointed as school education secretary.
Finance Minster Pranab Mukherjee in his Budget Speech in Parliament on Friday proposed to increase the Plan outlay for the Ministry of New and Renewable Energy by 61% from Rs 620 crore in 2009-10 to Rs 1000 crore in 2010-11.
Prime Minister Narendra Modi will retain DoPT, Atomic Energy as well as all important policy issues and portfolios not allocated.
The sop will be given under the government's generation-based incentive for grid interactive wind power project.
The cartoon, published in The Australian, shows turban-wearing men breaking the UN-sent solar panels and saying, 'They're no good. We can't eat them'.
The UP government is also planning to free up its own land from illegal encroachment to set up these new cow- shelters in "safe locations" and with full facility for fodder and water.
The three-month deadline for the finance ministry to take a decision on the recommendations of the commerce ministry has ended this week.
Ministry of New and Renewable Energy signed the memorandum today with Iceland. According to the understanding, both the countries will decide upon project proposals related to design and development of various new and renewable energy technologies. They will also identify areas of mutual interest and cooperation for developing systems, sub-systems, devices, components for generating renewable energy, an official release said.
The government had earlier said it would give incentives of around Rs 12 per unit of solar power sold. Companies have, however, already lined up capacities to the tune of 3,000 Mw involving investments of around Rs 48,000 crore (Rs 480 billion). This means that of the total planned solar power capacity, only 50 Mw will be incentivised, while the rest will continue to be very expensive.
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