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SECTOR | 14 Jan 2025

Govt approves 2 new payment methods for rooftop solar under PM Surya Ghar

Business Standard

The Ministry of New & Renewable Energy has come out with new guidelines, allowing two more payment methods for the installation of rooftop solar system under PM-Surya Ghar: Muft Bijli Yojana. The move will ensure payment security as well as the grant of subsidy to households in case of payments through Renewable Energy Service Company (RESCO) and utility-led aggregation models. The ministry has notified scheme guidelines for implementation of 'Payment Security Mechanism' component and 'Central Financial Assistance' component for RESCO models/ utility-led aggregation models under PM-Surya Ghar: Muft Bijli Yojana, an official statement said. Under this scheme, Rs 100 crore has been earmarked for payment security mechanism (PSM) for de-risking investments in RESCO-based grid-connected rooftop solar models in residential sectors, which may be supplemented through other grants, funds and sources after due approval, the statement said. Under the RESCO model, third-party entities invest .

Energy and Power

SECTOR | 13 Jan 2025

India's Renewable Energy Capacity Hits 209 GW, Up 16% In 2024

NDTV Profit

The total capacity added during 2024 more than doubled to 28.64 GW from 13.05 GW added a year ago.

India's renewable energy capacity rises 16% to nearly 210 GW by December

Business Standard | 13 Jan 2025 2 more

Energy and Power

SECTOR | 12 Jan 2025

CM Nitish Kumar unveils Rs 1,107 crore development projects in Madhubani

Business Standard

Bihar Chief Minister Nitish Kumar unveiled developmental projects worth Rs 1,107 crore in Madhubani district on Sunday. Kumar inaugurated and laid foundation stones for 139 projects in the district. He also announced that the state government would urge the Centre to start flight services from the Madhubani airport under the UDAN scheme. The CM chaired a meeting at Mithila Haat in the Jhanjharpur area to review the ongoing developmental schemes in the district. District Magistrate Arvind Kumar Verma gave a detailed presentation about the ongoing projects and schemes, including the Bihar Student Credit Card Scheme, CM Nishchay Self Help Allowance Scheme, CM Rural Solar Street Light and CM Agricultural Electricity Connection Scheme, a statement said. The CM instructed the officials to resolve the issues raised by the elected representatives in the meeting at the earliest, it added. Kumar also inspected the Saksham Anganwadi Center in Durgipatti village of Khutauna block. During th

Adani Group to invest 75,000 crore in Chhattisgarh across various sectors, says CM

livemint | 12 Jan 2025 1 more

Energy and Power

SECTOR | 11 Jan 2025

India Adds Record Renewable Energy Capacity Of About 30 GW in 2024

NDTV Profit

This assumes significance in view of India's ambitious plan to have 500 GW of renewable energy capacity in the country by 2030.

India adds about 30 GW renewable capacity in 2024, 113% higher than 2023

Business Standard | 11 Jan 2025

Energy and Power

SECTOR | 11 Jan 2025

PVUNL to commission three 800 MW units in phase-1 by Dec this year: CEO

Business Standard

The three 800 MW units of phase 1 of Patratu Vidyut Utpadan Nigam Limited (PVUNL) in Jharkhand's Ramgarh district will be commissioned by the end of this year, an official said. The Patratu Vidyut Utpadan Nigam Limited (PVUNL), a joint venture of National Thermal Power Corporation (NTPC) and Jharkhand Bijli Vitran Nigam Limited (JBVNL). Chief Executive Officer (CEO) of PVUNL, R K Singh on Friday said that the year 2025 would be a year of development and achievements for Jharkhand and Ramgarh as all three units of the phase-1 project with 2,400MW capacity would be commissioned by December 2025. As per the MoU signed between NTPC and JBVNL, 85 per cent of power generated by PVUNL would be supplied to Jharkhand, which will likely to get over 2,000MW power from phase-1. An initiative has been taken for 2800MW capacity power plant project in phase 2, he said. "PVUNL feels happy to announce that three units of 800 MW each are to be commissioned by December 2025 while the first unit of 80

NTPC Renewable Energy Begins Commercial Supply Of 110 MW From Solar Projects

NDTV Profit | 10 Jan 2025 9 more

Energy and Power

SECTOR | 10 Jan 2025

How these Solar Didis played a key role in promoting a circular economy in agriculture

Business Line

Solar-powered irrigation solutions have helped Devki Devi and Sunita Devi transform their own lives and that of scores smallholder farmers in their villages

Energy and Power

SECTOR | 10 Jan 2025

Indian Renewable Energy Development Agency Q3 Results 2025: Profit Rises by 26.78% YOY

livemint

Indian Renewable Energy Development Agency Q3 Results 2025 on 10 Jan, 2025: Revenue increased by 36.73% YoY & profit increased by 26.78% YoY, profit at 425.38 crore and revenue at 1701.84 crore.

IREDA Q3 PAT up 27% YoY backed by higher income

Economic Times | 09 Jan 2025

Energy and Power

SECTOR | 09 Jan 2025

Envision bags 1GW wind, first 320 MWh BESS orders from Juniper Green Energy

Business Standard

Envision Energy India on Thursday said it has secured a 1 GW wind energy project and its first 320 MWh battery energy storage system order from Juniper Green Energy (JGE). JGE will deploy Wind Turbine Generators (WTGs) for various projects secured through State and Central auctions, as well as the Battery Energy Storage System (BESS) package for the Firm Dispatchable Renewable Energy (FDRE) project awarded to SJVN under its first FDRE auction, according to a statement. Envision Energy India said it has signed up with JGE for the supply of 200 EN 182|5MW turbine platforms, along with its debut 320 MWh BESS. Envision's WTGs are based on 182-metre rotor diameter, hub height of 140-metre and an ideal configuration for wind & site conditions in India. This 5MW turbine platform has a proven performance in booming markets of Middle East and North Africa (MENA) region, Southeast Asia, and China. Envision's energy storage solution with 5MWh and 20-feet containerised storage unit will be ..

Juniper Green Energy partners with Envision for 200 MW wind and energy storage solutions

Business Line | 09 Jan 2025

Energy and Power

SECTOR | 09 Jan 2025, 09:00AM

ETMarkets Smart Talk: Water and Renewable Energy - Niche themes with long-term growth potential in 2025, decodes Atul Singh

Economic Times

The Indian market enters 2025 with optimism tempered by caution. GDP growth is projected at 6.5%-7%, driven by domestic consumption and industrial expansion, positioning India as a resilient investment destination.

Energy and Power

SECTOR | 07 Jan 2025, 10:57PM

Powering ahead: India adding nuclear power faster than global peers

Business Standard

Nuclear power has been in the news with NTPC announcing a partnership with the US-based Clean Core Thorium Energy (CCTE) to develop thorium-based fuel for use in nuclear reactors