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Solar Power Generation in India Rises 8.8% YoY to 32 BU in Q1 2024

India generated approximately 32 billion units (BU) of solar power in the first quarter (Q1) of the calendar year (CY) 2024, an 8.8% year-over-year (YoY) increase. The...

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Ministry Issues Viability Gap Funding Guidelines for Battery Storage

The Ministry of Power (MoP) has issued the operational guidelines for the ₹94 billion (~$1.1 billion) program to provide viability gap funding (VGF) of up to 40% to...

March 20, 2024

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Arshreet Singh

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Energy Storage

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Market & Policy
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Month in a Minute: Top Headlines from Indian Renewable Sector in February 2024

Union Finance Minister Nirmala Sitharaman unveiled key measures during the presentation of the 2024 interim budget, signaling a significant push towards sustainable...

March 7, 2024

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Gautamee Hazarika

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Other

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Renewable Energy

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Uncategorized
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Daily News Wrap-Up: SJVN’s 1.5 GW Wind-Solar Auction Result

Juniper Green Energy, Datta Power Infra, Green Infra Wind Energy (Sembcorp), Energizent Power (O2 Power), Green Prairie Energy (EverGreen Power), and Avaada Energy were...

February 21, 2024

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Staff

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Daily Wrap-up
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Daily News Wrap-Up: India’s Solar Generation Up 10% YoY in 2023

India generated around 104.83 billion units (BU) of solar power in the calendar year 2023, a 10.17% increase from 95.15 BU generated in 2022, according to the recent...

February 13, 2024

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Mercom Staff

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Daily Wrap-up
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Ministry Urges States to Ensure Adequate Growth of Power Generation Capacity

The Ministry of Power has written to all states and union territories (UTs) to adhere to the recently issued “Resource Adequacy Guidelines” to ensure sufficient growth...

February 12, 2024

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Arshreet Singh

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Other Energy
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Daily News Wrap-Up: No Penalties for Renewable Power Supply Commencement Delays

The Ministry of Power has amended the guidelines to the tariff-based competitive bidding process for the procurement of firm and dispatchable renewable power from...

February 7, 2024

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Mercom Staff

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Daily Wrap-up
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Month in a Minute: Top Headlines from the Indian Renewable Sector in December 2023

India installed over 1.3 GW of rooftop solar capacity in the first nine months (9M) of the calendar year 2023, an increase of 12% year-over-year (YoY), according to...

January 3, 2024

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Gautamee Hazarika

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Other

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Renewable Energy
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Daily News Wrap-Up: SECI’s Tender for 1.5 GW ISTS-Connected Renewable Projects

Solar Energy Corporation of India invited bids for the selection of renewable energy developers for the supply of 1.5 GW firm and dispatchable power from inter-state...

August 1, 2023

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: ₹1.43 Trillion Earmarked for Power Sector Reforms

The Department of Expenditure, Ministry of Finance, has earmarked ₹1.43 trillion (~$17.4 billion) as financial incentives in the form of additional borrowing permissions...

June 29, 2023

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Mercom Staff

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Daily Wrap-up
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Government Issues Bidding Guidelines for Renewable Projects with Energy Storage

The Ministry of Power in India has issued guidelines for the tariff-based competitive bidding process for procuring firm and dispatchable power from grid-connected...

June 12, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Government Launches Mission to Develop Emerging Technologies in Power Sector

The Ministry of Power (MoP) and the Ministry of New and Renewable Energy (MNRE) have launched the Mission on Advanced and High-Impact Research (MAHIR), a national...

June 7, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Power Ministry Proposes Expansion of Economical Power Dispatch Program

The Ministry of Power has proposed to expand the security-constrained economic dispatch (SCED) program by including more state-owned thermal projects, which would run on...

January 31, 2023

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Arjun Joshi

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Grid

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Market & Policy
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Renewable Energy Projects in Central Pool to Have Uniform Tariff for DISCOMs

The Ministry of Power has amended the Electricity Rules providing guidelines to implement the uniform renewable energy tariff for the central pool of projects connected...

January 3, 2023

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Panel Wants Dedicated Agencies in States to Enforce Efficient Energy Use

A parliamentary committee has asked the Ministry of Power (MoP) to ensure that all states set up standalone State Designated Agencies (SDA) to facilitate and enforce the...

December 27, 2022

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B.S. Nagaraj

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Energy Efficiency

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Other

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