Search Results for: MNRE

Jonathan Heimer, Minister Counselor for Commercial Affairs at the United States Foreign Commercial Service (FCS), highlighted the US’s support for India’s energy transition at the 2nd Energy Summit by the Indo-American Chamber of Commerce (IACC). Heimer emphasized opportunities for collaboration in clean energy sectors, noting India’s target of 500 GW of renewable energy by 2030. Carrie Antal, Deputy Director at the United States Agency for International Development (USAID), praised India’s economic growth and its role…

SJVN Limited has filed a petition for the approval of tariffs to supply 1,500 MW of firm and dispatchable power from renewable energy projects connected to the Inter-State Transmission System (ISTS) with energy storage systems. This Build-Own-Operate (BOO) project includes an option to expand capacity by an additional 1,500 MW. The competitive bidding process ensured transparency and fairness. Designated by the Ministry of New and Renewable Energy (MNRE) as an intermediary procurer, SJVN facilitates the…

NTPC Renewable Energy Limited (NREL), a subsidiary of NTPC Limited, is developing a 630 MW solar project in Barethi, Chhatarpur district, in Khajuraho. The project, executed under the Engineering, Procurement & Construction (EPC) mode, has been sanctioned by the Ministry of New & Renewable Energy (MNRE) under the Solar Parks scheme. The land for the project has been transferred to NREL. Notice Inviting Tender (NIT) for the EPC Package and Pooling Substation Package have been…

A potential of about 10,600 MW of geothermal power has been estimated in the country by the Geological Survey of India (GSI). GSI explored 381 thermally anomalous areas and published the findings in “Geothermal Atlas of India, 2022.”  The Ministry of New and Renewable Energy (MNRE) is implementing the “Renewable Energy Research and Technology Development Programme (RE-RTD)” through various research institutions and industries to develop indigenous, efficient, and cost-effective renewable energy technologies, including geothermal energy….

The Ministry of New and Renewable Energy (MNRE) has announced that India has about 151 GW of renewable energy projects in various stages of implementation. Around 76.42 GW of this capacity will become operational in the next three to four years. The tendering process for the 76.42 GW capacity projects has been completed. Since 2014, India’s renewable energy capacity has grown from 76 GW to over 195 GW as of June 2024.

The 2024 Union Budget of India introduced significant measures to boost the energy sector, emphasising renewable energy adoption, energy transition, and infrastructure enhancement. Here are the key highlights: PM Surya Ghar Muft Bijli Yojana: 10 million households will receive up to 300 units of free electricity monthly, supported by subsidies and concessional loans, with a National Online Portal for streamlined applications. Renewable Energy Funding: The Ministry of New and Renewable Energy (MNRE) has been allocated…