The Ministry of New and Renewable Energy (MNRE) has unveiled draft guidelines for financial assistance and payment security under the ‘PM Surya Ghar—Muft Bijli Yojana‘ rooftop solar scheme. These guidelines focus on providing central financial assistance to residential consumers through Renewable Energy Services Company (RESCO) and Utility Led Aggregation (ULA) models. The scheme is set…
ITI Limited has received an order worth Rs 3 billion from the Bihar Renewable Energy Development Authority (BREDA) to supply and install 100,000 solar street light systems under the Mukhyamantri Gramin Solar Street Light Yojana. The project will cover districts including Gopalganj, Siwan, Samastipur, Purnia, Araria, Gaya, Darbhanga, Patna, Katihar, and Khagaria. The Naini Plant…
Tata Electronics has signed a memorandum of understanding (MoU) with ASMPT Singapore to establish semiconductor assembly equipment infrastructure for its chip packaging units in Assam and Karnataka. This partnership will enhance workforce training, service engineering infrastructure, automation, and R&D in advanced packaging technologies like wirebond, flip chip, and integrated system packaging. ASMPT will support Tata…
The National Committee on Transmission (NCT), in its 22nd meeting on August 23, 2024, recommended the tariff-based competitive bidding (TBCB) route for four interstate transmission system (ISTS) schemes, with a total project outlay exceeding Rs 100 billion. These projects are aimed at strengthening India’s power transmission infrastructure, particularly for renewable energy zones and green hydrogen…
The Ministry of New and Renewable Energy (MNRE) has released a draft amendment to the Approved List of Models and Manufacturers (ALMM) List-II for solar photovoltaic (PV) cells, effective from April 1, 2026, to accommodate rising solar PV cell capacity. Under the new guidelines, projects must source their solar PV modules from manufacturers in ALMM…
The Delhi Electricity Regulatory Commission (DERC) has released draft regulations to establish the threshold size for intrastate transmission system (InSTS) schemes developed under the tariff-based competitive bidding (TBCB) mechanism. The regulations, titled “Draft Delhi Electricity Regulatory Commission (Threshold Limit for the Development of Intra-State Transmission Projects under the Tariff Based Competitive Bidding) Regulations, 2024,” are…
Grew Energy Pvt Ltd, a solar photovoltaic (PV) module manufacturing company, has entered into a partnership with the Indian Institute of Technology, Bombay (IIT Bombay) to advance innovation and excellence in photovoltaic technology. This collaboration will focus on solar cell and module manufacturing, performance characterization, and reliability assessments, aiming to drive significant advancements in the…
Gautam Solar is set to expand its footprint in South India by launching TOPCon solar modules from its newly established warehouses in Karnataka and Kerala. These advanced facilities are designed to ensure efficient distribution and easy accessibility of high-quality solar panels across key locations in Kerala, Karnataka, Tamil Nadu, and Andhra Pradesh. The initiative targets…
HPL Electric & Power Ltd announced that its outstanding order book as of July 30, 2024, stands at over Rs. 37 billion. This substantial order book indicates a strong pipeline, ensuring sustained revenue generation and growth opportunities for the company. The company has bolstered its leadership in the smart metering sector, reporting a 35.67% year-on-year…