The YSR Congress government in Andhra Pradesh in July formed a high-level negotiation committee (HLNC) to "review, negotiate and bring down" the tariff of all renewable power projects
The state, which currently has a generation capacity of 8,885 Mw in renewables, is seeking to raise the generation capacity to 30,000 Mw by 2022
Ask APERC to slash tariffs by 40-62% for PPAs and PSAs entered between 2012 and 2017 involving around 7,500 Mw of capacity
Modi underlined the reality of climate change and called for increasing the share of renewable energy in the total energy mix to mitigate many adverse effects of climate change
The Cabinet today gave its ex-post facto approval to two separate memorandum of understandings (MoUs) with France and Morocco for cooperation in the field of renewable energy. "The Union Cabinet chaired by Prime Minister Narendra Modi has given its ex-post facto approval to the Memorandum of Understanding (MoU) signed between India and France in the field of Renewable Energy on March 10, 2018 in New Delhi," an official statement said. Both sides (India and France) aim to identify research/ demonstration/ pilot project between National Institute of Solar Energy (NISE), India and Commissariat a I'Energie Atomique et aux Energies Alternatives (CEA), France in the mutually identified areas. Based on mutual agreement, both parties will work for implementation & deployment of pilot project in ISA member countries. Collaboration may occur through several means, including joint research projects, R&D, workshops, Research and Technology exchange, including exchange of domain experts. ..