Cabinet approves measures to provide liquidity in the Power Sector

By Solar Times Bureau The Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi, has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans to Distribution Companies (DISCOMs) above limits of working capital cap of 25% of last year’s revenues under Ujwal DISCOM Assurance […]

Change-in-law payments a Rs 4,000 cr booster for solar: CRISIL

By Solar Times Bureau Recent commencement of Change in Law1 payments by state power distribution companies (discoms) and Solar Energy Corporation of India (SECI) for Goods and Services Tax (GST) to solar power projects, comes as a shot in the arm for the sector. Together with safeguard duty (SFD) reimbursements, which also qualify under ‘Change […]

Proposed acquisition of equity share capital of Odisha Power Generation

BY Solar Times  Bureau The Competition Commission of India (CCI) approves proposed acquisition of 49% of the total equity share capital of Odisha Power Generation Corporation Limited (OPGC) by Adani Power Limited (APL). The proposed transaction relates to the acquisition of 49% of the total equity share capital of OPGC by APL (Proposed Combination). APL, […]

Largest Solar Power Plant of Indian Navy Commissioned

By Dr Sanjay Chaturvedi Vice Admiral Anil Kumar Chawla, PVSM, AVSM, NM, VSM, ADC Flag Officer Commanding-in-Chief, Southern Naval Command commissioned a 3 MW Solar Power Plant at Indian Naval Academy, Ezhimala on 22 July 2020, via virtual conferencing. This is in line with the Govt of India initiative of ‘National Solar Mission’ to achieve 100GW […]

Govt issues fresh advisory against fraudulent websites inviting registration underPM-KUSUMScheme

By Dr Sanjay Chaturvedi Ministry of New & Renewable Energy (MNRE), today, issued a fresh advisory against fraudulent websites claiming registration under Pradhan MantriKisanUrja Suraksha evamUtthaanMahabhiyan (PM-KUSUM) Scheme. It is recently noticed that two new websites have recently cropped up illegally claiming registration portal for PM-KUSUM Scheme. Web addresses of the said websites are https://kusum-yojana.co.in/ […]

PM Shri Narendra Modi dedicated Rewa Ultra Mega Solar Power

By Dr Sanjay Chaturvedi The Prime Minister Shri Narendra Modi dedicated to the Nation the Rewa Ultra Mega Solar Power project to the Nation via video conference today. It is Asia’s largest power project. Speaking on the occasion the Prime Minister said the Rewa project will make the entire region a major hub for pure […]

Clean Energy Can Support India’s Economic Recovery post-Covid-19

By Solar Times Bureau New report highlights emerging challenges and opportunities for India’s transition to clean mobility and power systems in the context of Covid-19 NITI Aayog and Rocky Mountain Institute (RMI) today released Towards a Clean Energy Economy: Post-Covid-19 Opportunities for India’s Energy and Mobility Sectors report, which advocates for stimulus and recovery efforts that work […]

Republic of Mali awards Project Management Consultancy contract to NTPC

By Solar Times Bureau Republic of Mali has awarded Project Management Consultancy contract to NTPC, a central PSU under Ministry of Power, for development of 500 MW Solar Park. In an event held on 24th June, 2020, chaired by Shri R. K. Singh, the Minister of State for Power, NRE, Skill Development and President of […]

Wind-solar hybrid is India’s new power couple

By Solar Times Bureau ~10 GW capacity to start feeding the grid by fiscal 2024 Wind-solar hybrid (WSH) power, which harnesses both solar and wind energy, is fast emerging as a viable new renewable energy (RE) option in India. The way it works, generation of solar energy tends to peak during the day and that […]

Vikram Solar Top Performer again in PVEL

By Solar Times Bureau Delhi/ Mumbai,2nd June 2020: Vikram Solar, one of India’s leading module manufacturers and a prominent EPC & rooftop solar solutions provider has again achieved the mantle of ‘Top Performer’ garnering a high score in PQP (Product Qualification Program) tests assessed by PVEL LLC, which is an independent solar test lab previously operated […]