Govt. In Process of Finalizing New Energy Policy: NITI Official
NITI Aayog Additional Secretary (Energy) said that the government is in the process of finalizing an energy policy for the country. The new policy will address the issues of accessibility and affordability, energy security, thrust on clean source energy and the overall requirement of energy. Highlighting the potential of energy storage in India, the policy will also focus on Make in India for cells used in battery in electric vehicles along with policy for demand creation and measures to incentivize investments.
EESL Joins Hands with NIIF for Roll-Out of Smart Meter Program in India
The National Investment & Infrastructure Fund (NIIF) & Energy Efficiency Services Ltd. (EESL), announced a new joint venture called Intellismart Infrastructure Private Limited or ‘IntelliSmart.’ This joint venture has been formed to implement, finance and operate the smart meter roll-out program of power distribution companies. Smart meters will play a transformational role in bringing efficiencies and generating significant commercial benefits for power distribution companies, while at the same time empowering end-consumers to make informed choices regarding power consumption.
NTPC to invest Rs 25K crore to set up solar park
NTPC, India’s largest power company, will not undertake any new coal-based generation for the next few years as part of measures to reduce its carbon footprint and has decided to invest about Rs 25,000 crore (€3.12 bn) to set up one of the world’s largest solar parks at Kutch in Gujarat. The solar park will be developed in phases over the next five years. The company also expects to disconnect some of its coal-based capacity from morning till evening to make way for affordable solar and wind power generation, said a senior company official.
India, Germany to collaborate on Mumbai Metro and solar energy projects: German official
India and Germany will collaborate on Mumbai Metro and solar energy projects as part of a bilateral cooperation in energy and urban development sectors, as per Germany's Ministry of Economic Cooperation. Director General (Bilateral Cooperation) of the Federal Ministry for Economic Cooperation and Development said, "Germany has pledged an amount of 1.6 billion euros for projects in energy and energy efficiency and in natural resource management as well as in urban development and urban re-motorisation,"
Ministry of Power & Ministry of New and Renewable Energy (MNRE): Notifications & Guidelines
- Amendments to the Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Solar PV Power Projects.
- Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power From Grid Connected Wind Solar Hybrid Projects - Reg.
- An online portal for processing applications for including and updating wind turbine models in Revised List of Models and Manufacturers (RLMM).
- Year End Review 2018