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MNRE urges Haryana to honour signed green contracts

By : Sustainability ..., Apr 28, 2020

The Ministry of New and Renewable Energy has urged Haryana to honour signed renewable energy contracts and provide them the connectivity they need to start transmitting power. In the past few months, Haryana has been reluctant to give connectivity to 1000 MW of ‘open access’...

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MNRE should make 30-day extension for renewable energy more flexible, says industry

By : Sustainability ..., Apr 24, 2020

The Ministry of New and Renewable Energy’s (MNRE) decision to grant a 30-day extension for renewable energy (RE) projects is not sufficient and should be extended up to 90-180 days, as it would be difficult to meet the labour mobilisation and logistical challenges, according...

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MNRE to host Global RE-Invest 2020 digitally

By : Sustainability ..., Apr 23, 2020

India’s Ministry of New and Renewable Energy has decided to conduct Global RE-Invest 2020 in digital space. The three-day event—scheduled from October 14 to 17 –will include conferences on renewables and future energy choices, and an exhibition of products by manufacturers,...

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Renewable energy companies unlikely to restart construction post April 20

By : Sustainability ..., Apr 20, 2020

Construction of renewable energy projects is among the activities that the ministry of home affairs has permitted resumption of from April 20, but developers maintained it will be a while before they can do so. Whether or not sufficient labour will return to the site is the...

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Deemed usage charge for not honouring green PPAs

By : Sustainability ..., Apr 7, 2020

In a move aimed at providing relief to renewable energy producers, the government has said distribution companies that do not honour their power purchase agreements will be charged for 'deemed generation.' Discoms that curtail the use of renewable energy will have to pay...

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Andhra discoms clear dues to renewable energy developers

By : Sustainability ..., Mar 16, 2020

Power distribution companies in Andhra Pradesh have cleared all dues of renewable energy developers in accordance with a court directive, and scaled down the practice of reducing purchase of green power, bringing relief to the sector that has been under immense pressure in...

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‘Letter of Comfort’ From PFC/ REC/ IREDA now at Par With Bank Guarantees

By : Sustainability ..., Mar 16, 2020

To improve the business environment for clean energy projects and attract investments, the government has decided to treat a letter of comfort (undertaking) issued by state-run shadow banking firms like Power Finance Corporation (PFC), REC and Indian Renewable Energy...

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Centre weighs new green energy board to calm investors’ nerves

By : Sustainability ..., Feb 20, 2020

Concerned with dwindling investor interest, the Union government plans to set up an inter-ministerial body to settle various issues faced by the green energy sector and attract billions of dollars in investments to successfully execute the world’s largest clean energy...

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CERC eases norm to issue power trading licence to NTPC

By : Sustainability ..., Jul 11, 2019

Even as NTPC does not meet the criteria, the Maharatna Central Public Sector Enterprise is financially sound with respect to liquidity for carrying out electricity trade, it added. The Central...

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