union-cabinet

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Daily News Wrap-Up: India’s Q3 Solar Generation Rises Nearly 49%

India generated approximately 56.9 billion units of solar electricity in the third quarter (Q3) of 2026, up 48.6% year-over-year (YoY) from 38.3 billion units (BU),...

November 5, 2026

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Mercom Staff

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Daily Wrap-up
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Government Approves ₹28 Billion Program for Lithium and Nickel Processing

The Union Cabinet has approved a ₹28.14 billion (~$297.06 million) capital expenditure (CAPEX) support program to promote domestic processing of lithium, nickel and...

November 4, 2026

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Melvin Mathew

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Energy Storage

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EV

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Markets & Policy
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Cabinet Approves ₹145 Billion Viability Gap Funding for 92 GWh Energy Storage

The Union Cabinet has approved a ₹145 billion (~$1.53 billion) viability gap funding (VGF) program to support the development of 92 GWh of grid-scale energy storage...

November 4, 2026

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Arjun Joshi

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Energy Storage

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Market & Policy
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Daily News Wrap-Up: Solar Growth Exposes Talent Readiness Gap

India’s rapidly expanding solar industry is facing a growing workforce readiness gap, with employers across utility-scale project development, manufacturing, rooftop...

October 16, 2026

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Mercom Staff

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Daily Wrap-up
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Cabinet Clears Green Energy Corridor Phase III to Evacuate 135 GW Renewables

The Union Cabinet has approved the Green Energy Corridor Phase III (GEC III) program to strengthen intrastate transmission infrastructure across the country. The program...

September 30, 2026

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Arjun Joshi

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Grid

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Market & Policy
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Cabinet Approves ₹237 Billion National Compressed Biogas Program

The Union Cabinet has approved GOBARdhan, the National Circular Bioenergy program, with an outlay of ₹237.31 billion (~$2.5 billion) to expand compressed biogas...

August 6, 2026

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Rakesh Ranjan

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Markets & Policy

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Other
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Government to Infuse ₹50 Billion Equity Into SIDBI

The Union Cabinet has approved equity support of ₹50 billion (~$545.72 million) to the Small Industries Development Bank of India (SIDBI). SIDBI offers loans to micro,...

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Daily News Wrap-Up: Q3 Sees Lower System Costs for Large-Scale Solar Projects

The average system cost of large-scale solar projects remained low in the third quarter of 2025, with cost reductions seen across all module technologies. Projects using...

November 28, 2025

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Mercom Staff

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Daily Wrap-up
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Cabinet Approves ₹72.8 Billion Rare Earth Permanent Magnets Manufacturing Program

The Union Cabinet has approved a program to promote the manufacturing of sintered rare earth permanent magnets (REPM) used in electric vehicles and renewable energy,...

November 27, 2025

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Arjun Joshi

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Other

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Renewable Energy
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Daily News Wrap-Up: Union Cabinet Approves Royalty Rates for Critical Minerals

The Union Cabinet approved the specification or revision of the royalty rates for caesium, graphite, rubidium, and zirconium to promote the auction of blocks containing...

November 14, 2025

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Mercom Staff

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Daily Wrap-up
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Cabinet Approves Royalty Rates for Four Critical Minerals

The Union Cabinet has approved the specification or revision of the royalty rates for caesium, graphite, rubidium, and zirconium to promote the auction of blocks...

November 13, 2025

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Parth Shukla

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Other

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Press Releases
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Daily News Wrap-Up: GST Rates Reduced for Solar Cells

In a big boost to the renewable energy component manufacturing, the Ministry of Finance reduced the goods and services tax (GST) on solar cells, wind energy generators,...

September 5, 2025

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Mercom Staff

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Daily Wrap-up
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Cabinet Approves ₹15 Billion Incentives for Critical Mineral Recycling

The Union Cabinet has approved a ₹15 billion (~$170.19 million) incentive program to develop India’s recycling capacity for separating and producing critical minerals...

September 4, 2025

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Staff

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Press Releases
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Cabinet Approves ₹163 Billion National Critical Mineral Mission

The Union Cabinet has approved the National Critical Mineral Mission with an expenditure of ₹163 billion (~$1.88 billion) and an expected investment of ₹180 billion (~$2....

January 29, 2025

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Arjun Joshi

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Other

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Renewable Energy
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Cabinet Approves ₹109 Billion PM E-DRIVE Program to Boost Electric Mobility

The Union Cabinet has approved the ‘PM Electric Drive Revolution in Innovative Vehicle Enhancement (PM E-DRIVE) Program,’ and the ‘PM-eBus Sewa-Payment...

September 12, 2024

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Arjun Joshi

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Electric Vehicles

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Market & Policy

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