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  • Exclusive: Govt plans to increase uptake of gas-based power to meet peak summer demand

    Overall, the government is looking to tap capacity of 16,200 MW, of which 10,000 MW is the biggest challenge as they are owned by private entities and state governments. The remaining 6,200 MW are Central government-run plants, which are already operating up to 3,200 MW currently.

  • Cabinet approves PM Surya Ghar: Muft Bijli Yojana scheme for installing rooftop solar in 10 million households

    Cabinet approves PM Surya Ghar: Muft Bijli Yojana scheme for installing rooftop solar in 10 million households

    As per Union minister for power and new and renewable energy RK Singh, the government will identify households that consume up to 300 units of electricity a month for the new rooftop solar scheme.

  • How PM Surya Ghar Muft Bijli Yojana is different from the previous rooftop solar scheme

    How PM Surya Ghar Muft Bijli Yojana is different from the previous rooftop solar scheme

    The MNRE clarified that residential rooftop solar applications submitted before February 13, 2024 will not be eligible for the Central Financial Assistance (CFA) under the new scheme - PM Surya Ghar: Muft Bijli Yojana. They will be eligible for subsidies under the old regime.

  • Power minister finalises funding mechanism for battery energy storage system projects

    Power minister finalises funding mechanism for battery energy storage system projects

    The minister said when we have extra solar energy during the day and extra wind energy during the evening, the energy would go waste in the absence of adequate storage system.

  • Coal ministry seeks 600 trains daily to augment supply to power plants in summer

    Coal ministry seeks 600 trains daily to augment supply to power plants in summer

    India is stepping up coal-fired generation capacity as peak electricity demand is likely to touch 256.5 GW in 2024 from a record 240 GW in 2023.

  • Pradhan Mantri Suryoday Yojna: Houses consuming up to 300 units to get rooftop solar free

    Pradhan Mantri Suryoday Yojna: Houses consuming up to 300 units to get rooftop solar free

    A day after the Interim Budget, Union minister for power RK Singh, providing further clarity on the scheme, said those who availed low-income houses under the Pradhan Mantri Awas Yojna will be considered in this. He added that households with power consumption more than 300 units per month will have to install rooftop solar on their own, even as they will be eligible for enhanced subsidies.

  • MC Exclusive: Interim Budget likely to offer enhanced subsidies under PM Suryoday Yojna

    MC Exclusive: Interim Budget likely to offer enhanced subsidies under PM Suryoday Yojna

    The allocation in the Interim Budget for the rooftop solar scheme is likely to be at least Rs 20,000 crore.

  • Power Minister Q&A: Will not apologise for adding thermal capacity, says RK Singh

    Power Minister Q&A: Will not apologise for adding thermal capacity, says RK Singh

    Speaking to Moneycontrol Managing Editor Nalin Mehta at the Policy Next summit held on January 18, Union Minister for Power and New & Renewable Energy RK Singh answered questions on a wide range of issues that offer a glimpse into the future of India's energy policy.

  • Securing India's Energy Future | Fireside Chat with Union Minister RK Singh | Policy Next Summit

    Securing India's Energy Future | Fireside Chat with Union Minister RK Singh | Policy Next Summit

    Minister of Power & Renewable Energy, RK Singh, speaks on securing India's energy future as he engages in a fireside conversation with Moneycontrol's Managing Editor Nalin Mehta.

  • Today we have 180,000 MW of renewable energy capacity: Union Minister RK Singh | Policy Next Summit

    Today we have 180,000 MW of renewable energy capacity: Union Minister RK Singh | Policy Next Summit

    India’s rate of renewable energy capacity addition has been the fastest in the world in the past five years, after China, said Union power and renewable energy minister RK Singh at Moneycontrol’s Policy Next Summit on January 18. Watch RK Singh's Full Address

  • MC Exclusive | Capacity addition, lower AT&C losses top RK Singh's wishlist for Modi 3.0

    MC Exclusive | Capacity addition, lower AT&C losses top RK Singh's wishlist for Modi 3.0

    Our established power generation capacity has to go up to 900 GW, from about 427 GW today to meet India's burgeoning energy demand, the Union minister for power said.

  • MC Exclusive | RK Singh seeks more funds for power sector, sops for green hydrogen

    MC Exclusive | RK Singh seeks more funds for power sector, sops for green hydrogen

    The power and green energy industry is hopeful that the government in its Interim Budget will ensure policy consistency, focus on green hydrogen, lower goods and services tax (GST) rates, and easy access to subsidies and climate finance.

  • MC Exclusive | RK Singh vows to double India's hydropower capacity

    MC Exclusive | RK Singh vows to double India's hydropower capacity

    The Union minister informed that another 18,000 MW of hydro projects are currently under construction and 13,000 MW are under various surveys and investigations.

  • MC Exclusive | India at the forefront of energy transition: power minister RK Singh

    MC Exclusive | India at the forefront of energy transition: power minister RK Singh

    Talking about universal access to electricity and energy security, the Union minister said no country can develop if it does not have sufficient electricity.

  • Exclusive | India at the forefront of energy transition: RK Singh

    Exclusive | India at the forefront of energy transition: RK Singh

    Power Minister is confident of surpassing the target of adding 500 GW of renewable energy capacity by 2030, of which about 65 percent would be though non-fossil fuels.

  • Govt launches fresh incentive scheme for green hydrogen, green ammonia production based on demand aggregation

    Govt launches fresh incentive scheme for green hydrogen, green ammonia production based on demand aggregation

    This is the first incentive scheme specifically for the production of green ammonia under the National Green Hydrogen Mission. Moneycontrol was the first to report the incentive scheme plan in May last year.

  • India to implement approved solar module maker list in April: RK Singh

    India to implement approved solar module maker list in April: RK Singh

    The move is likely to boost domestic solar module manufacturers.

  • Govt notifies Electricity (Amendment) Rules, 2024 to exempt captive projects from transmission license

    Govt notifies Electricity (Amendment) Rules, 2024 to exempt captive projects from transmission license

    Power minister RK Singh said investments worth Rs 16.93 lakh crore have been made since 2014 in the power and RE sectors, and another Rs 17 lakh crore worth investments are currently under pipeline.

  • Exclusive: No plan to increase gas-based power generation, says RK Singh

    Exclusive: No plan to increase gas-based power generation, says RK Singh

    The Central Electricity Authority (CEA) monitors 62 gas-based power stations with a total capacity of 23,845 MW using gas as primary fuel. At least half of these stations, had zero generation in 2022-23

  • Govt to launch ninth round of coal mines auction on Dec 20: Coal Ministry

    Govt to launch ninth round of coal mines auction on Dec 20: Coal Ministry

    Of the 26 coal mines to be launched for auctions, 12 are in Madhya Pradesh, eight in Chhattisgarh, five in Jharkhand, and one in Telangana

  • Exclusive | ALMM for solar panels may be implemented from April 2024, say govt officials

    Exclusive | ALMM for solar panels may be implemented from April 2024, say govt officials

    The list was kept in abeyance to boost the number and capacity of solar installations in the country. As a result, domestic manufacturers were hit by the huge imports of components. The implementation of the list will ensure a level playing field for domestic players.

  • Coal stocks at thermal power plants would have been zero in Sept without the import mandate: RK Singh

    Coal stocks at thermal power plants would have been zero in Sept without the import mandate: RK Singh

    During April-October 2023, the average growth in coal-based generation, with respect to corresponding period of FY 23, was 8.6 percent and the depletion in DCB plants stocks was 15.3 million tons (MT), Singh said

  • COP28: Ahead of Modi's speech, India firms up stand against 'phasing out' fossil fuels

    COP28: Ahead of Modi's speech, India firms up stand against 'phasing out' fossil fuels

    With these statements, India is only strengthening its stand of not phasing out fossil fuels to ensure energy security, while also keeping electricity affordable.

  • Discoms to be mandated timelines for rooftop solar projects execution: RK Singh

    Discoms to be mandated timelines for rooftop solar projects execution: RK Singh

    We also plan to have an integrated rating system for rooftop solar vendors for the consumers to make informed choices. Besides, we are planning to have benchmark prices for modules based on its star-rating, the Union minister for power and renewable energy said.

  • India to add 12 GW of coal-fired capacity by March to meet rising power demand

    India to add 12 GW of coal-fired capacity by March to meet rising power demand

    Faced with continuous surge in power demand, the government has also revised its thermal capacity addition plan from 51 GW to 75-77 GW by 2031-32, said Ministry of Power Secretary Pankaj Agarwal

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