India Solar Policies

The Bureau of Energy Efficiency (BEE) has added a grid-connected solar inverter to the Standards and Labeling Program, which will help consumers get better-quality products for use as part of solar rooftop systems, a statement said on Friday. The BEE under the Ministry of Power, has come out with one more Standards and Labeling Program, which aims to help consumers make informed choices considering the cost-effectiveness and energy performance of various energy-consuming appliances, thus enabling them to save energy, reduce electricity consumption and also contribute to a greener planet, a power ministry statement said. The program will help consumers in getting better-quality inverters which can be used as part of the solar rooftop system. Union Power and New & Renewable Energy Minister R K Singh said, "The S&L Programs of BEE have resulted in reduction in carbon dioxide emissions by 60 million tonnes per annum." "The other advantage is that we save money, given the quantum ..

The major highlights of the scheme include Central Financial Assistance (CFA) for Residential Rooftop Solar

Delhi Power Minister Atishi on Wednesday alleged that Lt Governor V K Saxena is obstructing the AAP dispensation's Solar Policy to ensure that it is not notified before the enforcement of the model code of conduct for the Lok Sabha polls. Atishi raised the issue in the Delhi Assembly and also addressed a press conference on the issue. "First, the Lt Governor sat on the file. I asked the LG office personally about the policy file. When the file came back with several objections, it went from one officer to another. There is only one objective and that is to stop the policy from getting notified before the model code of conduct for the Lok Sabha polls kicks in," Atishi said. "Today, LG sir, despite sitting on a constitutional post, is batting from the BJP's side," she alleged during a press conference. She urged Lt Governor to not make efforts to delay the implementation of the policy. "It is an excellent policy and will lead to reduction in pollution. Please do not make efforts to

The prime minister has allocated more than Rs 75,000 crore in investment, which aims to bring up to 300 units of free electricity per month to 10 million households

Waaree Renewable Technologies on Monday said it has bagged a order worth Rs 547.5 crore for 412 MWp solar energy project. The company's unexecuted order book now stands at 1.161GW, according to a BSE filing. The Waaree Renewable Technologies has received a Letter of Award (LOA) for the execution of Engineering, Procurement and Construction (EPC) work for Solar power plant on turnkey basis with an order value of Rs 547.5 crore, it stated. The LOA also includes operations and maintenance for a period of two years from the date of hand over, with an order value of Rs 6.798 crore. The projects are scheduled to be completed in December, 2024 as per the term of the order. The company also stated that the order is awarded by one of the global leading biggest utility in the world in renewable energy. However, it did not specify the name of the firm. But it has disclosed to the BSE that it is a domestic order.

Solar panel maker Alpex Solar is aiming for more than two-fold jump in its revenues to Rs 1,000 crore by financial year 2025-26, the company's Managing Director Ashwani Sehgal said. The company has set a revenue target of Rs 400 crore for the ongoing 2023-24 fiscal, Sehgal said in a company statement on Wednesday. "Our revenue is projected to reach Rs 400 crore in FY24. We aim to surpass the Rs 1,000 crore revenue threshold by 2026, representing a 2.5-fold growth over the forecast in FY2024," the MD said in the statement. The company had clocked in a revenue of Rs 180 crore in preceding FY 2022-23. UP-based Alpex Solar is a leading solar panel manufacturing company in India. To achieve the revenue targets, the company said it "is banking on its ambitious expansion plan increasing its capacity from 450 MW to 2 GW to capitalise on the robust policy support by the government and rising demand for domestic solar installations".

The state government plans to generate 7,000 megawatts of solar power by 2026 to provide daytime electricity supply to farmers which could also reduce the burden of cross-subsidy on industries, said the Maharashtra State Electricity Distribution Company Limited (MSEDCL) on Friday. Addressing a press conference here, MSEDCL's independent director Vishwas Pathak said farmers now get electricity for irrigation at night and find it troublesome. Under the Mukhyamantri Saur Krishi Vahini Yojana 2.0 (MSKVY 2.0), the government will ensure daytime supply by installing solar panels near agricultural feeders, he said. This will provide reliable electricity supply to farmers during the day. Their demand of many years will be fulfilled, he said. Pathak said that Chief Minister Eknath Shinde and Deputy CM Devendra Fadnavis have decided to implement MSKVY 2.0 in the state with the aim of running at least 30 per cent of agricultural feeders in each district on solar energy by December 2025. Unde

SJVN's arm SJVN Green Energy has awarded a Rs 132.64 crore contract for a balance-of-system package for its 100 MW solar project in Punjab to BVG India. The company's wholly-owned subsidiary SJVN Green Energy Ltd (SGEL) has entered into an agreement for a balance-of-system (BOS) Package for a 100 MW solar project in Punjab, Nand Lal Sharma, Chairman and Managing Director, SJVN, said in a statement. The firm has entered into an agreement with BVG India Ltd -- SGEL's first awarded BOS contract, amounting to Rs 132.64 crores, it stated. The BOS encompasses all components of a photovoltaic system other than the photovoltaic panels. This includes wiring, switches, a mounting system, one or many solar inverters, a battery bank and a battery charger. The contract also includes the operation and maintenance of the solar PV plant for a period of three years. SJVN bagged the project through tariff based competitive bidding process on a build, own and operate (BOO) basis through e-reverse ..

Residents of India's first solar-powered village hope for reduced bills, iconic Sun Temple gets light show boost

For any procurement by the Central government agencies and nodal departments, the preference would be given to local products for which there is sufficient local capacity

Power and New & Renewable Energy Minister R K Singh on Thursday said his ministry has proposed to impose basic custom duty (BCD) from August 1, this year on solar equipment

Ministry officials said they have received several representations from several industry bodies and they are being studied