Chart of the Day: Renewable energy capacity additions accelerate in 2024
If the industry maintains the current pace of capacity additions, then India can comfortably exceed previous annual highs in renewable energy project installations.
2024: A landmark year for green energy in India with record renewable addition and policy momentum
Between January and November this year, the country added at least 24 GW of renewable capacity, double that of 2023, crossing the 200 GW mark. However, industry estimates show that nearly 40 GW of green projects have no takers.
Exclusive | Will award 7.8 lakh tpa new green hydrogen production capacity in 2025: Pralhad Joshi
The government also will release a Green Hydrogen Certification Scheme in the coming year, the minister for new and renewable energy said.
Centre must push states to comply with renewable purchase obligations, says industry
The industry has sought transmission charges waiver and penalty for non-compliance to renewable purchase obligations (RPOs) to clear huge backlog of unsold renewable power agreements
Government wants banks to up renewable energy financing, minister to meet bankers in January
For India to achieve 500 GW of non-fossil fuel power by 2030, significant and timely financial investments are needed to upgrade infrastructure and build new transmission lines, a CII and EY report has said
Government to make battery storage a must for renewable projects
Battery storage systems store surplus energy generated during periods of peak production and release it during times of low generation. It helps balance the grid and enhance reliability
iDEX-like scheme for green energy on the cards: MNRE Secretary
By middle of next year, the government would throw a challenge similar to iDEX in the defence sector, wherein global specifications would be suggested. If the startups, MSMEs and industry can match it through their pilot innovations, then the government would guarantee the off-take for a specified number of years, MNRE secretary Prashant Kumar Singh said.
Govt sets coal production target of 1,193.39 MT for FY26: Ministry officials
So far, 96 coal mines have been auctioned for commercial operations by the government. Out of these allocated 96 blocks, 12 blocks have got 'mine opening permission' and nine have started actual coal production, while the rest are under construction.
Rise in green energy projects fuels surge in unsigned power purchase deals: Centre
For 2024-25, the discoms had to purchase 29.92 percent renewable power from its total power purchased to supply to end consumers. In 2025-26, this target is set at 33.01 percent
Tata Power to foray into nuclear energy when govt opens up the sector, says CEO Praveer Sinha
Tata Power has set an ambitious target of achieving revenue of at least Rs 1 lakh crore and a profit after tax of Rs 10,000 crore by 2030
Centre imposes non-tariff barrier to curb imports of solar cells, boost local production
The Ministry of New and Renewable Energy has stated that solar cells will be included in the approved list of models and manufacturers (ALMM) from June 1, 2026
Reliance, L&T, ReNew, Waaree bid for second round of green hydrogen incentives
As per the government's guidelines, companies can bid twice for green hydrogen production in one mode, but the same cannot be applied for in two different modes.
GIC picks JPMorgan to advise on $5 billion Greenko stake sale
The Singapore state investor is moving ahead with preparations for a potential deal that could involve a full or partial sale of its holding in Greenko, the people said, asking not to be identified because the deliberations are private.
Tata Power bets on nearly doubling its revenue to Rs 1 lakh crore by 2030: CEO & MD Praveer Sinha
From December, Tata Power has commissioned its 4.3 GW solar cell manufacturing unit in Tirunelveli, Tamil Nadu which is an addition to the 4.3 GW module manufacturing plant commissioned in October, 2023 located at the same site.
At least 42% households await subsidy under PM Surya Ghar scheme: MNRE data
Gujarat alone has 46 percent (2.9 lakh) of the total (6.34 lakh) rooftop solar installations across the country under the scheme.
Renewables to constitute 80 percent of our capacity, says Torrent Power's Jinal Mehta
Apart from 10 GW, the company will also add 5 GW of storage in the form of pumped hydro storage plants, Torrent Power’s managing director said
Explained: India's roadmap to achieve 100 GW nuclear power capacity by 2047
With plans to decentralise the nuclear sector, promote private sector involvement, and repurpose de-coaled and ageing thermal plant sites, the government is pushing for legislative and policy changes to meet its emission and energy affordability goals.
Green in the red: India's woes of unsold renewable energy and the need for uniform tariff
A solution to the problem of unsold renewable power could be Uniform Renewable Energy Tariff (URET) which was cleared by the Centre in October 2023, but is yet to be implemented
Arunachal Pradesh emerges as hydropower hub with projects worth Rs 1 lakh crore in the pipeline
Arunachal Pradesh alone has hydropower potential of about 58,000 MW, which is about 40 percent of India's total hydropower potential, according to the state's electricity commission.
Chart of the Day: Peak electricity demand growth slows after rising rapidly in FY22-24
The post COVID bump up in demand is showing signs of moderation.
All you need to know about SECI — the hitherto low-profile PSU suddenly in the limelight
SECI is also the nodal agency for the National Green Hydrogen Mission. It has awarded contracts for 412,000 metric tons of green hydrogen production capacity as well as a 1.5 GW electrolyser manufacturing capacity under the NGHM
Bullish on solar, not keen on FDRE: NTPC CMD Gurdeep Singh
NGEL is mostly looking at tie-ups with CPSUs and states for off take of its renewable energy. So far, it has made agreements with states or entities of the state governments in Rajasthan, Maharashtra, Andhra Pradesh, Gujarat, Chhattisgarh, Telangana and so on for land and off-take of RE
NTPC Green valuation was moderated based on current market sentiment: NTPC CMD Gurdeep Singh
Singh said NGEL has a pipeline of 19 GW of renewable energy projects till FY27 at an investment of Rs 1 lakh crore
Centre seeks inclusion of battery energy storage systems in solar tenders
Pankaj Agarwal, secretary with the power ministry, argued that energy storage systems have become quite viable, with the the cost of such systems having come down from about Rs 10 per kWh to about Rs 4.50 per kWh on a levelled cost basis currently, and could soon go down further to Rs 3.75-4 per kWh.
