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Govt forms Offshore Wind Energy Steering Committee
March 2013
An Offshore Wind Energy Steering Committee has been constituted by the Union government under the chairmanship of Secretary, Ministry of New & Renewable Energy (MNRE) associating the stakeholder ministries to steer the offshore wind energy development in the country in a directed and focused manner including modality for inter-agency coordination.
Govt forms Offshore Wind Energy Steering Committee
March 2013
An Offshore Wind Energy Steering Committee has been constituted by the Union government under the chairmanship of Secretary, Ministry of New & Renewable Energy (MNRE) associating the stakeholder ministries to steer the offshore wind energy development in the country in a directed and focused manner including modality for inter-agency coordination.
Biomass firms seek priority sector lending
March 2013
The Union government has been urged by biomass power generators to treat them as an extension of agricultural activity and facilitate priority sector lending for the industry. They have also sought at least two per cent interest subsidy, given that the industry has made investment in backward rural areas with high risk perception. The biomass power sector, which has a total generation capacity of 1,250 megawatts, has till date invested Rs 7,000 crore.
Biomass firms seek priority sector lending
March 2013
The Union government has been urged by biomass power generators to treat them as an extension of agricultural activity and facilitate priority sector lending for the industry. They have also sought at least two per cent interest subsidy, given that the industry has made investment in backward rural areas with high risk perception. The biomass power sector, which has a total generation capacity of 1,250 megawatts, has till date invested Rs 7,000 crore.
Centre to decide on FSA disputes
March 2013
The union government is yet to decide on disputes arising out of the Fuel Supply Agreement (FSA) by both public and private sector power companies. Coal India (CIL) had modified the clauses concerning supply disputes which put the private sector at par with PSUs, sources said.
Wind projects to get generation-based incentives again
March 2013
Generation-based incentives for wind power projects will be will reintroduced by the Union government after a break of one year to boost capacity addition in the sector, said Union Finance Minister P Chidambaram while presenting the Union Budget 2013-14. The Minister said that Rs 800 crore would be allocated to the Ministry of New and Renewable Energy to support the incentive.
Wind projects to get generation-based incentives again
March 2013
Generation-based incentives for wind power projects will be will reintroduced by the Union government after a break of one year to boost capacity addition in the sector, said Union Finance Minister P Chidambaram while presenting the Union Budget 2013-14. The Minister said that Rs 800 crore would be allocated to the Ministry of New and Renewable Energy to support the incentive.
Centre to decide on FSA disputes
March 2013
The union government is yet to decide on disputes arising out of the Fuel Supply Agreement (FSA) by both public and private sector power companies. Coal India (CIL) had modified the clauses concerning supply disputes which put the private sector at par with PSUs, sources said.
Rs 18.33 cr released to 11 states for solar streetlights
February 2013
The Union Minister of New and Renewable Energy Farooq Abdullah has said on February 27 that the Union Government does not directly provide solar streetlights to the States. However, the Centre is providing a subsidy of 30 per cent of the project cost subject to a maximum of Rs 81 per watt peak for installation of solar streetlights in the General Category States in the country.
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