PM Modi inaugurates RE-Invest 2020

On November 26, 2020, Prime Minister Narendra Modi inaugurated the 3rd Global Renewable Energy Investment called the RE-Invest. The 3rd Global RE-Invest Renewable Energy Investors Meet & Expo was organised by the Ministry of New and Renewable Energy (MNRE), Government of India. It is to be held from 26 – 28 November 2020 on a ..

Month: Current Affairs - November, 2020

Category: Events Current Affairs • Important Days & Events Current Affairs

Topics: Hydroelectricity • India solar energy • International Solar Alliance • PM Modi • RE-Invest • Renewable energy • Solar Energy

MNRE has amended implementation Guidelines of PM KUSUM scheme

Ministry of New and Renewable Energy has made amendments in the implementation guidelines of Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (PM-KUSUM) Scheme on November 13, 2020. It is a scheme for farmers which aim to install solar pumps, grid-connected solar and other renewable power plants across the country. About PM KUSUM Scheme The ..

Month: Current Affairs - November, 2020

Category: Government Schemes Current Affairs

Topics: IREDA • KUSUM • PM-KUSUM • Renewable energy • Solar Energy • Solar Pumps

PM-KUSUM scaled up: Goal set to 30.8 GW of solar capacity by 2022

The Ministry of New and Renewable Energy has recently issued orders to expand Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM). Accordingly, the new target of the scheme has been enhanced to achieve solar capacity of 30.8 GW by 2022. This is to be done with the revised central financial support of Rs 34,035 ..

Month: Current Affairs - November, 2020

Category: Government Schemes Current Affairs

Topics: EESL • electric motor • KUSUM • Renewable energy • Solar Energy • solar grid • Solar Pumps

IREDA and Ministry of New and Renewable Energy sign Memorandum of Understanding

On November 2, 2020, the Indian Renewable Energy Development Agency Limited and the Ministry of New and Renewable Energy signed a Memorandum of Understanding to set key targets for the year 2020-21. Key Highlights According to the agreement, the Government of India has set a new revenue target of Rs 2,406 crore from the renewable ..

Month: Current Affairs - November, 2020

Category: Economy & Banking Current Affairs

Topics: 100% renewable energy • IREDA • Memorandum of understanding • Ministry of New and Renewable Energy • Renewable energy • Renewable energy economy • Renewable energy in India

Draft Electricity (Change in Law, Must-run status and Other matters) Rules 2020

On October 1, 2020, the Ministry of Power had released Draft Electricity (Change in Law, Must-run Status and Other Matters) rules, 2020. The ministry of power has issued draft rules to bring in quick compensation to power plants. This is because both the Gencos and Discoms are at financial distress. It aims at avoiding long ..

Month: Current Affairs - October, 2020

Category: Economy & Banking Current Affairs

Topics: Confederation of Indian Industry • DISCOM • Electricity • gencos • indian electricity grid code • Purchase Power Agreement • Renewable energy