Policy updates

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Policy Updates

Guidelines for Selection of 3000 MW Grid – Connected Solar PV Power Projects under Batch-II

Ministry of New and Renewable Energy has released the final draft of the draft guidelines for selection of 3000 MW capacity solar projects under the National Solar Mission Phase 2, Batch 2, Tranche 1. Link [...]

Maharashtra bets big on Solar Power; New Policy to be unveiled soon

The Bharatiya Janata Party led Maharashtra government is set to give a major push to green energy with a target of an additional 11,110 megawatts of renewable energy by 2019, over 180 per cent more [...]

MERC Issues Draft Guidelines for Rooftop Net Metering

Maharashtra Electricity Regulatory Commission has released draft guidelines for Rooftop Net Metering arrangement. Link to the official document is here: Draft MERC Regulations,2015. The salient points of the document are as follows: Net Metering arrangement shall be permitted [...]

Govt mulls cutting Subsidy by Half for Rooftop Solar Projects

With limited funds at disposal and price of solar panels going down, the government has officially proposed to reduce the subsidy on rooftop projects by half. "The ministry has proposed to reduce the subsidy on [...]

Maharashtra Solar Policy; Land acquisition bill row delays announcement

The solar policy of Maharashtra which was due to be released on 24th February is almost ready. It is aimed at generating 7,500 MW power through solar energy. The hurdles in the passage of the land [...]

RBI moots priority sector tag for renewable energy

A Reserve Bank of India working group has proposed new guidelines for lending to the priority sector with loans to medium enterprises, sanitation and renewable energy sectors coming under the umbrella of the priority sector. [...]

NITI Aayog’s First Initiative-Renewable Electricity Roadmap 2030

A report on India's Renewable Electricity Roadmap 2030 Toward Accelerated Renewable Electricity Deployment was released by NITI Aayog with support of CII, Shakti Sustainable Energy Foundation and RAP (Regulatory Assistance Project), a global non-profit group. [...]

Andhra Pradesh release Solar and Wind power policies at Re-Invest 2015

Shri Piyush Goyal, the Union Minister of State (IC) for Power, Coal and New and Renewable Energy and Andhra Pradesh Chief Minister Shri N. Chandrababu Naidu jointly released Andhra Pradesh Solar and Wind Power Policies for 2015. [...]

Panchayats to have stake in solar power projects

Amid the political debate over dilution of the law on acquiring land for industrial units or other projects, the renewable energy ministry has “cracked the code” for overcoming any opposition from the local population to [...]

By |14 Feb 2015|Categories: Policy Updates, Solar News|Tags: , , |

REC’s green energy loans to cost less, have longer tenures

In sync with the National Democratic Alliance (NDA) government’s attempt to bring down the borrowing costs for green energy projects, state-owned Rural Electrification Corp. Ltd (REC) has revised its lending guidelines. Loans for solar and [...]

By |11 Feb 2015|Categories: Policy Updates, Solar News|Tags: , , |