MNREs move to stall JNNSM scheme draws flak
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 ...
Energy body refutes reports of centre not pursuing solar plants with 1 lakh MW
Jayarama Emani| The Dollar Business President of Solar Energy Society of India (SESI), Ajay Prakash Shrivastava, refuted reports in certain sections of the Media that claimed that the government is not pursuing installation of solar plants with 1 lakh megawatt capacity in the year 2015-16. Speaking to The Dollar Business, Shrivastava said, “The reports are not entirely true. The activities are there though at a slow speed which should be speeded up. Various state governments have come up with solar energy policy and others are in line and are hoping for joint ventures with foreign investors.” Stating that the implementation of the scheme is taking time as solar energy is a new venture and before implementation of the scheme, ...
