EESL Sign MoU With RINL To Set Up Ground-mounted And Floating Solar Projects In Visakhapatnam
EESL has recently signed a MoU with Rashtriya Ispat Nigam Limited (Rinl) for carrying out feasibility studies & subsequent implementation of ground-mounted solar projects on vacant lands & floating solar power projects on reservoirs in Vizag, Visakhapatnam. This decision was made by EESL to promote renewableEnergy in India. EESL recently completed 10 years and It’s enforced initiatives have aggregately led to a reduction of more than 46 million tonnes of greenhouse gas emissions and energy savings of more than 58 billion kWh across the globe. During the event Saurabh Kumar, Managing Director said that Energy Efficient Services Ltd (EESL) has forayed into solar power generation and By the end of 2020-21 it plans to set up 1.5 GW of decentralized solar power plants across the country.
India Extends Imposition of Safeguard Duty On Imported Solar Cells By Another Year
The Ministry of Finance has extended the safeguard duty on imported solar cells and modules for another year based on the recommendations of Directorate General of Trade remedies (DGTR). The Safeguard duty rate for July 30, 2020 – January 29, 2021 is 14.90% and for other six months ie. January 30, 2021 – July 29, 2021 the rate is 14.50%. The safeguard duty will be imposed on solar cells falling under tariff items 8541 40 11 or 8541 40 12 of the First Schedule to the Customs Tariff Act, when imported into India.These duties will not apply to any developing country with the exception of China, Thailand and Vietnam.
MNRE Authorize NHPC As RE Implementing Agency For DRC
Ministry of New & Renewable Energy (MNRE) recently announced that National Hydroelectric Power Corporation (NHPC) has been authorised by the MNRE as its RE Implementing Agency, it has been decided to include NHPC Limited under the purview of Dispute Resolution Mechanism Dispute Resolution Committee (DRC). The following order was passed with the approval of the Minister of NRE & Power. This committee will take decisions of dispute which are beyond contractual agreements.The Dispute Resolution Committee (DRC) will be permitted to hold meetings with a minimum of two members.
PFC Signs INR 2.38 Cr Agreement with IIT- Kanpur for Research & Entrepreneurship Development in Smart Grid Technology
Power Finance Corporation (PFC), a PSU under Ministry of Power and country’s leading NBFC, signed a MoA with Indian Institute of Technology- Kanpur (IIT-K) for Training, Research, and Entrepreneurship Development in Smart Grid Technology. Under the MoA, PFC will provide financial assistance of Rs. 2,38,97,000/- (Rupees Two Crore Thirty Eight Lakhs and Ninety Seven Thousand only) to IIT-K under its CSR initiative.R. Murahari, Executive Director (CSR&SD), PFC informed that the objective of the pact is to provide support to IIT-K in developing infrastructure for research and development on smart grid technology. As part of the project, IIT-K will also provide training on smart grid technology to 90 participants and provide fellowship to 9 selected candidates for development of ideas on Smart Grid Technology. The fellows will be assisted by Start-up Innovation and Incubation Centre (SIIC) of IIT-K and encouraged to take up entrepreneurial activities.
NTPC Achieves Highest Daily Gross Generation of 977.07 MU
As per a statement by National Thermal Power Corporation Limited (NTPC) Ltd a PSU under Ministry of Power and Country’s largest power generation company, it has achieved highest daily gross generation of 977.07 Million Unit (MU) on 28th July, 2020. NTPC total generation includes power generated from its Subsidiary and JV companies. NTPC stated that five of its power stations Korba, Sipat & Lara in Chhattisgarh, Talcher Kaniha in Odisha and Koldam hydro in Himachal Pradesh exhibited exceptional performance & achieved 100% Plant Load Factor (PLF) on the day. NTPC’s previous best daily generation was 935.46 MU achieved on 12th March 2019.
MNRE Allocates Budget of INR 175.87 Cr For Renewable Research
The Ministry of New & Renewable Energy (MNRE) recently issued notice of Administrative Approval for continuation of the Renewable Energy Research and Technology Development Programme for the period from 2017-18 to 2019-20. Notice states that Sanction of the President of India is hereby accorded for continuation of the Renewable Energy Research and Technology Development (RETD) Programme of the Ministry of New and Renewable Energy (MNRE) for implementation during the period 2017-18 to 2019-20 at a total cost of Rs. 175.87 crore.
MNRE Issues Amendment of Component-C Under PM-KUSUM
The Ministry of New & Renewable Energy (MNRE) issued an amendment in Guidelines for Implementation of Component-C of Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (PM-KUSUM) Scheme.Following is the Amendment Of Guidelines for Implementation of Component-C:IA will be responsible to invite bids for empanelment of vendors through a transparent bidding process. Empanelment may be state-wide or feeder-wise, as per decision of the concerned State,To ensure quality and post installation services, IAs shall allow either one or two categories to participate in the tender for empanelment of vendors, A single vendor might be given responsibility as a feeder to ensure better services and accountability.
MNRE Puts Framework Of One Sun One World One Grid On Hold
The Ministry of New & Renewable Energy (MNRE) recently announced to put on hold the RFP for Developing a Long Term Vision, Implementation Plan, Road Map and Institutional Framework for implementing One Sun One World One Grid until further order.The new dates of issuing of Corrigendum and bid submission date will be informed later, the ministry stated. The Ministry of New and Renewable Energy (MNRE), Government of India issued proposals from qualifying Consulting Firms for “Developing a long-term vision, implementation plan, road map and institutional framework for implementing “One Sun One World One Grid”.The scope of work is planned to be undertaken in a phased approach consisting of three phases viz. assessment, design & pilot followed by a full-scale roll-out.
MNRE Issues Guidelines for Procurement of RTC Power from Renewable Energy Projects
The Ministry of New & Renewable Energy (MNRE) recently issued notice announcing guidelines for Tariff Based Competitive Bidding Process for Procurement of Round-The Clock Power from Grid Connected Renewable Energy Power Projects, complemented with Power from Coal Based Thermal Power Projects. The successful bidder will sign Power Purchase Agreement (PPA) for 25 years with elaborate mechanism for risk apportionment and compensations, payment security, etc.The main objective of guidelines are to provide Round-The-Clock (RTC) power to the DISCOMs from renewable energy sources complemented/balanced with coal based thermal power, To facilitate renewable capacity addition and fulfilment of Renewable Purchase Obligation (RPO) requirement of DISCOMs, To provide a transparent, fair, standardized procurement framework based on open competitive bidding with appropriate risk-sharing between various stakeholders to enable procurement of power at competitive prices in consumer interest, improve bankability of projects and ensure reasonable returns to the investors; and to provide for a framework for an Intermediary Procurer as an Aggregator/Trader for the inter-state/ intra-state, long-term, sale-purchase of power.
MNRE Extends Deadline for BIS Certification of Solar Inverters till December 31
The Ministry of New & Renewable Energy (MNRE) issued notification for extension of self certification for solar inverters. Earlier deadline for deadline was June 30, 2020 which now has been extended to 1 st December 2020. Due to COVID 19 lockdown disruption the industry sought more time for compliance and hence a six-month extension was announced , ministry stated.The extension would only apply to manufacturers holding valid International Electrotechnical Commission (IEC) certificates. The quality certification has previously extended from 30.06.2018 to 30.06.2020.