The Ministry of New and Renewable Energy (MNRE) is planning a Central sector scheme to cover the additional cost of agricultural photovoltaic (AgriPV) projects, which are 25–30% more expensive to build than conventional ground-mounted solar plants. MNRE Secretary Santosh Kumar Sarangi outlined the proposal ahead of the AgriVoltaics World Conference 2026, saying the ministry is […]
Solar Energy Corporation of India (SECI) has signed its performance-based Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) for the financial year 2026-27, setting a revenue from operations target of ₹24,000 crore. The SECI FY27 MoU establishes performance targets across key areas, including renewable energy trading, project execution, capital expenditure, […]
India is maintaining its focus on expanding Wind Energy capacity as it works towards its national target of 100 GW by 2030. Union Minister for New and Renewable Energy Pralhad Joshi said the sector is gaining strong momentum, with India recording its highest-ever annual wind installation of 6.05 GW in FY2026. Joshi made the remarks […]
IREDA (Indian Renewable Energy Development Agency) has been awarded an ‘Excellent’ rating for the fifth consecutive year in its MoU with the Ministry of New & Renewable Energy (MNRE) for the financial year 2024-25, achieving a score of 96.42 out of 100. This recognition highlights IREDA’s commitment to operational efficiency and financial discipline amid a […]
India’s installed power capacity has reached 5,05,023 MW, with 2,59,423 MW derived from non-fossil fuel sources, including 2,50,643 MW from renewable energy. The government aims for 500 GW of non-fossil energy capacity by 2030, implementing measures like waiving Inter-State Transmission System charges for specific renewable projects and issuing bidding guidelines for various renewable sources. The […]
New Delhi, July 31 (IANS) The installed wind energy capacity in India has touched the 51.67 GW mark as on June 30 this year, Minister of New and Renewable Energy Pralhad Joshi informed the Parliament on Wednesday. The addition of wind energy capacity in the country has been increasing steadily in the last three financial years […]
