In a major step towards modernising India’s power sector, the Central Government has released the draft Electricity (Amendment) Bill, 2025, aimed at financial sustainability, enhanced competition, and accelerated adoption of non-fossil fuel electricity. The Bill, currently under stakeholder consultation, seeks to align India’s power framework with the vision of Viksit…
Tag: #RenewableEnergyIndia
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Waaree Renewable to Buy 55% in Power Tower Firm for ₹1,225 Cr
Waaree Renewable Technologies Ltd (WRT), the engineering, procurement and construction arm of the Waaree Group, has announced a major strategic acquisition to strengthen its presence in India’s power infrastructure sector. The company will acquire a 55 per cent stake in Associated Power Structures Ltd for ₹1,225 crore, marking its formal…
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IREDA Gets Fifth Straight ‘Excellent’ MNRE Rating
The Indian Renewable Energy Development Agency (IREDA) has once again demonstrated its strong institutional performance by securing an ‘Excellent’ rating in its Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy (MNRE) for the financial year 2024–25. This marks the fifth consecutive year that IREDA has achieved…
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Power Minister Reviews Hydroelectric Projects in J&K
Union Minister of Power and Housing & Urban Affairs, Shri Manohar Lal, commenced a two-day visit to Jammu and Kashmir to review key hydroelectric projects managed by NHPC. Accompanied by Shri Pankaj Agarwal, Secretary (Power), the Minister focused on the Salal, Sawalkot, and Ratle projects, highlighting the need for timely…
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India’s Solar Boom Faces a Growing Solar Waste Challenge
India’s rapid rise as a global solar power leader is often celebrated as a major climate success. With abundant sunlight and strong policy support, solar energy has spread from massive desert parks to rooftops in cities, towns and villages. However, experts warn that behind this clean energy transition lies a…
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MNRE Pushes Calibrated Financing for Solar Growth
The Ministry of New & Renewable Energy (MNRE) on Sunday urged financial institutions to adopt a calibrated, well-informed approach while evaluating finance proposals across the solar photovoltaic (PV) manufacturing ecosystem. The ministry clarified that it has not issued any advisory directing lenders to pause or halt fresh renewable energy financing,…
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Electricity Amendment Bill 2025: Key Reforms
The Electricity Amendment Bill 2025 aims to modernise India’s power sector by promoting competition in distribution, introducing cost-reflective tariffs, and enabling regulated shared-network access — while explicitly protecting subsidised tariffs for farmers and vulnerable households. Why the Bill was proposed India’s power distribution system has long faced deep financial stress…