Indian Renewable Energy Development Agency Limited (IREDA) has sanctioned over Rs 3,000 crore for green energy projects across Odisha, covering solar, hydro, ethanol and renewable energy manufacturing sectors, IREDA chairman and managing director Pradip Kumar Das said on Monday.
Highlighting India’s remarkable growth in renewable energy, the minister said that the country is not only witnessing an energy revolution but also becoming the renewable energy capital of the world.
Ministry of New and Renewable Energy (MNRE) has announced a significant amendment to the Approved Models and Manufacturers of Solar Photovoltaic Modules (ALMM) Order, 2019, in a major step towards boosting domestic manufacturing and fostering self-reliance in India’s green energy industry.
This emerged at the Japan Country Session, on "Versatility of Industries : Manufacturing and Beyond", theme at the Rising Rajasthan Global Investors summit here on Monday.
The decision was taken at the meeting of the state cabinet presided by Chief Minister Dr Mohan Yadav at the State Secretariat in Bhopal.
He underscored the comprehensive nature of the National Green Hydrogen Mission, comprising components such as pilot projects, research and development (R&D) initiatives, and skill development programs.
The Ministry of New & Renewable Energy announced on Tuesday that the deadline for submission of R&D proposals under the National Green Hydrogen Mission has been extended to 27th April 2024.
The amendments also provide for check meters to be installed by distribution companies in case of consumer complaints, to verify electricity consumption, he said.
Most brokerages anticipate a focus on fiscal consolidation and priorities regarding capital and non-capital expenditure.
The MoU aims at setting the stage for collaborative efforts in co-lending and loan syndication for a diverse spectrum of Renewable Energy projects across the nation.
