Page 2 - Renewable Energy Policy

Govt mandates import registration for key renewable energy components

The government on Friday made it mandatory for importers of certain products which are exclusively used for solar energy projects to register on the renewable energy equipment import monitoring system. These products include toughened (tempered) safety glass and photosensitive semiconductor devices, including photovoltaic cells. A similar condition will also apply for imports of certain items having end-use in the area of wind-operated electricity generation. It included towers, bearing housings, gears and gearing. The import policy conditions of these items will come into effect from November 1, the Directorate General of Foreign Trade said in a notification. It said this policy condition will apply to imports through air cargo, sea cargo and land route. In a separate notification, the DGFT said that import of Sulfadiazine API (Active Pharmaceutical Ingredient) having a CIF (cost, insurance, freight) value of less than Rs 1,774 per kg, is restricted till September 30, 2026, with

India's crawling renewable bidding activity threatens climate targets

The slowdown in renewable tendering comes even as India prepares its new Nationally Determined Contributions (NDC) to UN, to be presented by November, which will detail clean energy targets for 2035

Backlog of PPAs getting streamlined, says Hero Future Energies CEO

For developer, there are pros and cons of integrating upwards into equipment manufacturing. The critical thing here is that India is now developing an ecosystem for solar module manufacturing capacity

Carbon-free data centres to create jobs, boost green energy: Minister

'Carbon-free' data centres will not only create jobs but also boost indigenous manufacturing of renewable energy and storage systems, Union Minister Shripad Yesso Naik has said. The Minister of State for Power and New & Renewable Energy made the remarks while inaugurating the First Data Centre Summit on Carbon-Free energy in the national capital on Thursday. "Every new carbon-free data centre built in India will create green jobs, boost indigenous manufacturing of renewable and storage systems, and generate new business models for digitalenergy convergence," Naik said at the event organised by industry body National Solar Energy Federation of India (NSEFI) in partnership with Amazon. The minister said the digital and the clean energy revolution in the country must now converge. India strongly believes that energy transition is not only about megawatts and gigawatts. It is about jobs, skills, and innovation. As per NSEFI, carbon-free data centres are those that are powered by or ...

Madhya Pradesh has achieved milestone in renewable energy pricing: CM

In a first in the country, Madhya Pradesh has achieved a milestone in renewable energy pricing with below Rs 3 per unit tariff for upcoming solar projects in Morena, Chief Minister Mohan Yadav said on Saturday. The state has awarded 600 MW and 880 MWh (dual cycle) units for commissioning after calling biddings. The winning bidders Ceigall India Ltd quoted a tariff of Rs 2.70 per unit and ACME Solar Holdings Limited quoted a tariff of Rs 2.764 per unit, he told PTI Videos. It would be the first Solar-Plus-Storage facility in India to ensure an annual availability of 95 per cent supply, Yadav said. Each unit will provide 220 MW of power, through solar panels during the day and batteries charged by solar energy in the evening peak hours, the CM added. In the morning, before panels are charged, the units will draw power from the same batteries recharged from cheaper night-time electricity from the grid. The tariff of Rs 2.70 per unit is the lowest so far in the country, an official ..

Govt may rebid 40 GW renewable projects stuck due to lack of purchase deals

The government is expected to go for rebidding of around 40 GW of renewable energy projects that have been stalled in the absence of power purchase agreements (PPAs), official sources said on Wednesday. These 40 gigawatt (GW) includes both solar and wind capacity projects, one of the sources said. "Marketing efforts are on. If it does not get any success then "we will see at some point we will close it", sources told PTI. At present the winners of these tenders are engaged with distribution companies (discoms) because they are the potential buyers, they said, adding that no one is going to face any loss as no investment has happened yet in these projects. It is only the price discovery which has happened. Tariff rate of solar projects ranges from Rs 2.38 to Rs 2.56 per unit, while for that of vanilla wind between Rs 3.70 per unit and Rs 3.90 per unit, they said. Meanwhile, industry body FICCI said in a statement that the CERC (Central Electricity Regulatory Commission) will releas

Tariffs to slow energy transition, India mustn't give up coal: Vedanta CEO

Vedanta CEO Deshnee Naidoo said US tariffs will not broadly hit India's economy but will slow global energy transition, adding that India must continue coal use for growth

Green hydrogen cost in India to fall to $2 per kg by 2032: Mission director

The government has allocated ₹455 crore for implementation of pilot projects for use of hydrogen in the iron and steel sector under the National Green Hydrogen Mission

Gautam Solar to set up ₹4,000 cr 5 GW solar cell plant in MP by 2026

Gautam Solar will invest Rs 4,000 crore to build a 5 GW solar cell facility in Gwalior, with Phase 1 of 2 GW capacity to be completed by 2026 and expansion planned through an IPO

Spot power trade volumes jump 19% in August; average price drops 7%

Indian Energy Exchange reports a 19% increase in power trade volumes in August 2025, while average prices drop 7% year-on-year, presenting an opportunity for discoms and industrial consumers

Nomura bets on Waaree, Premier as Indian solar capacity to grow 3x by 2030

To meet the robust demand, Nomura analysts project India will add ~309GW of installed capacity between FY25-30F, with renewables (RE) accounting for the bulk of the expansion.

India's renewable energy sector attracted $11.8 bn investment in H1 2025

India's renewable energy investments reached $11.8 billion in H1 2025, marking the second-highest half-year activity on record, according to BloombergNEF's latest tracker.

BS Infra Summit: 'Fossil fuels to remain vital as renewables face hurdles'

At the Business Standard Infrastructure Summit 2025, experts said fossil fuels will remain critical to India's energy mix due to gaps in storage, transmission and foreign tech reliance

Fossil fuels will not disappear soon, say experts at BS Infra Summit

Despite rapid growth in renewables, experts at the BS Infra Summit highlighted that India's dependence on fossil fuels will still persist for the foreseeable decades

Timely execution of new capacities essential for gains in NTPC stock

The power utility is aiming to add 26-27GW of thermal coal capacity, and 60GW renewable energy (RE) capacity by FY32 mainly through listed subsidiary

India awards 862,000 TPA green hydrogen capacity, eyes 10% of global demand

India awards 862,000 TPA green hydrogen capacity to 19 companies, aiming to capture 10% of global green hydrogen demand by 2030, says Union Minister Shripad Naik at FICCI Green Hydrogen Summit

100 Gw solar manufacturing capacity step towards self-reliance: Minister

India's solar manufacturing capacity has jumped from 2.3 GW in 2014 to 100 GW, driven by policy support, PLI incentives and a push for Atmanirbhar Bharat in renewable energy

Private sector likely to play a key role in nuclear power road map

A consultative process is underway, led by NITI Aayog along with NPCIL, involving state energy ministers as nodal points to ensure alignment with state-level energy priorities

NTPC Green plans ₹2,000-3,000 cr bond sale after RBI policy decision

A unit of the nation's largest power generator, the company is weighing an issuance of ₹2,000 crore ($228 million) to ₹3,000 crore rupees through five- or 10-year note

NCAER suggests ₹14K cr annual green grant for states to meet RE target

To meet the 500GW renewable energy target by 2030, NCAER suggests providing Rs 14,000 crore in green grants annually to states, with significant allocations to Jharkhand, Maharashtra, and others