Search Result for : Ministry Of New And Renewable Energy

The Dollar Business Bureau India has signed an agreement with Germany on technical cooperation to enhance parameters for renewable energies’ grid integration, said Power Minister Piyush Goyal on Monday. The pact was signed by Ministry of New and Renewable Energy (MNRE) of India and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH on behalf of Germany, under the “Indo-German Energy Programme - Green Energy Corridors (IGEN-GEC)” in New Delhi. This association between MNRE and GIZ will result in better market mechanisms and rules and also help in training manpower in India to ensure stability of grid and to enhance integration of renewable energies in the country, said Goyal. “It will lead to a safer grid, a more secured grid, a grid which can also take care of ...

The Dollar Business Bureau The Indo-US cooperation is in a new phase, with US agency USAID announcing 5 new partnerships that would enhance the cooperation that US intends to help India in the field of renewable energy (RE). These 5 new partnerships are in the fields of climate change, clean energy, and environment. The transition is aimed to usher in a low-emission and energy-secure India. Of the 5 new partnerships announced by USAID, 4 are with governmental agencies. This was revealed to the media by USAID Assistant Administrator Jonathan Stivers, who said, "USAID welcomes and appreciates this historic opportunity to play a useful role in Indias path forward." Johnathan was in India representing his agency at the second US-India Strategic and Commercial Dialogue. Detailing ...

The Dollar Business Bureau  A pact was signed by the US Agency for International Development (USAID) and Asian Development Bank (ADB) for providing Rs 5,681 crore. The fund will be provided to install and develop solar parks all over India, as a part of the clean energy drive. M Teresa Kho, Country Director, India Resident Mission, Asian Development Bank (ADB) and Jonathan Addleton, Mission Director, USAID for India signed the agreement. The US Embassy in a press statement said that, “Through the agreement, USAID will align the technical resources of two of its programs to support ADB's investments in the development of solar parks and renewable energy transmission infrastructure in states at the forefront of India's efforts to promote clean energy." ...

The Dollar Business Bureau The Union Minister for Railways Suresh Prabhakar Prabhu addressing the inauguration session of the Bio-Energy Summit 2015’, in New Delhi on November 17, 2015. The Minister of State for Petroleum and Natural Gas Dharmendra Pradhan is also seen.   Bio-energy solutions can be a huge boost to the Indian economy, given they are produced in an economically and sustainable manner, Railway Minister Suresh Prabhu said, as he pitched for an alternative growth and development model for the Indian Railways. Speaking at the ‘Bio-Energy Summit’, organised by the Confederation of Indian Industry (CII), Prabhu stressed that the Indian Railways have already taken several steps to reduce its carbon footprints and are aggressively moving towards using renewable energy resources in ...

Jayarama Emani | The Dollar Business President of SESI (Solar Energy Society of India), Ajay Prakash Shrivastava, expressed his displeasure over The Ministry of New and Renewable Energy (MNRE) reported move to stop commercial banks from giving loans for installing solar home lighting system under the subsidy scheme since it is burdened with pending subsidy claims. The ‘solar home lighting system’ scheme is a bank loan cum capital subsidy scheme mooted as part of the Jawaharlal Nehru National Solar Mission (JNNSM) that is funded through the National Bank for Agriculture and Rural Development (NABARD) and its branches. Speaking to The Dollar Business, Shrivastava said, “This is really a sad news for Solar Energy Sector especially for the rural areas ...

The Dollar Business Bureau The Prime Minister Narendra Modi, will inaugurate the first Renewable Energy Global Investors Meet & Expo, Re-invest 2015 on the February 15, 2015 aimed at evolving innovative financial models for funding and to ensure the partnership of states and the Centre in harnessing renewable energy. It will also showcase the Government of India`s commitment to the development and scaling up of renewable energy to meet the national energy requirement in a socially, economically and ecologically sustainable manner. “The government is looking at embedding rooftop power, off- grid power in new buildings and embedding green energy features in Building Code,” said Piyush Goyal, The Minister of State (I/C) for Power, Coal & Renewable Energy, and added, “The ...

The Dollar Business Bureau   Ahead of The Ministry of New and Renewable Energy’s Global Investors Meet & Expo (RE-Invest) from February 15-17, 2015 in New Delhi, with a theme to attract large scale investments for the renewable energy sector in India, the government is contemplating making the land owners as stakeholders in the Renewable Energy projects so that they get annual or monthly rent. The new move is to generate 1,00,000 MW of installed solar power capacity by 2022 from the present capacity of 3,000 MW. Piyush Goyal, Power, Coal and Renewable Energy Minister said that the government is also looking at rooftop solar model. He said, “We are not only looking at large plants like 40,000 MW ...

Bhushan Palo | @TheDollarBiz The Indian government has decided not to impose anti-dumping duty (ADD) on solar panel imports from countries such as USA and China, and has instead turned its focus to help domestic manufacturers become competitive. Solar energy production in India surged around 56% Y-o-Y in 2013-14 to 2,631 MW, but domestic manufacturers, represented by Indian Solar Manufacturers Association (ISMA), have complained that subsidized imports of solar panels are hurting their interests. Last month, the Director General of Antidumping & Allied Duties (DGAAD) had recommended the imposition of anti-dumping duty between $0.11 per watt to $0.81 per watt on the imports from China, Chinese Taipei, Malaysia and USA to offset dumping and material injury suffered by the ...