MNRE amends guidelines for central public sector undertaking solar project scheme

India’s ministry of new and renewable energy (MNRE) has amended the guidelines for implementation of Central Public Sector Undertaking (CPSU) scheme phase-II for setting up 12,000 megawatt (MW) grid-connected solar projects with viability gap funding (VGF). VGF is a one-time or deferred grant, provided to support infrastructure projects that are socially and environmentally justified but fall […]

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Solar plants availing benefit under M-SIPS not eligible for solar PLI scheme

India’s Union ministry of new and renewable energy (MNRE) has said that solar units availing benefits under the modified special incentive package scheme (M-SIPS) programme of electronics ministry will not be eligible for the Rs 4,500-crore production-linked incentive (PLI) scheme for solar module manufacturing.  The MNRE released broad guidelines on how PLI scheme can be […]

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India releases guidelines for production incentives to push solar PV module manufacturing

India’s Ministry of New and Renewable Energy (MNRE) has released guidelines for the production-linked incentive (PLI) scheme in an effort to encourage domestic manufacturing of high-efficiency solar PV modules and reduce import dependence. In November 2020, the government had approved and allocated an amount of Rs 4,500 crore to be spent over a period of five years on […]

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India to invite bids for solar production-linked Incentive in a couple of weeks

To reduce India’s import dependency, the Union Cabinet approved the Rs 4,500 crore solar production-linked incentive (PLI) scheme to boost the domestic manufacturing capacity. The government is scheduled to invite bids for the PLI scheme for solar module manufacturing in the next two weeks and beneficiaries will be identified in July, a Press Information Bureau […]

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India’s Ministry of New and Renewable Energy does not rule out basic customs duty on solar imports

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Despite the 2021-22 Union budget failing to mention any import restrictions on solar cells and modules to boost domestic manufacturers, the ministry of new and renewable energy (MNRE) has not ruled out the imposition of basic customs duty (BCD) on such items. Addressing the media about the implications of the budget on the renewable sector, […]

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ONGC to set up India’s first geothermal power station at Ladakh

State-owned Oil and Natural Gas Corporation (ONGC) will implement India’s maiden geothermal field development project in Ladakh that will use the heat generated by the Earth’s core to generate clean energy. “A memorandum of understanding (MoU) to formalise this has been inked by ONGC Energy Centre (OEC) with the Union Territory of Ladakh and Ladakh Autonomous Hill […]

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India’s renewable energy ministry proposes 54 GW wind park schemes for states

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The Union ministry of new and renewable energy (MNRE) is planning a wind energy park development scheme where states will prepare the necessary infrastructure for wind power project developers under the plug- and-play model. The aim of the government is to address the land-related hassles in wind power projects. MNRE will provide financial assistance of […]

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