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NSEFI News Bulletin 26.01.24

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Government Retenders 10 GWhof Battery Cell Capacity underv PLI Program

The Ministry of Heavy Industries (MHI) has issued a request for proposals to select manufacturers to set up 10 GWh manufacturing capacities for Advance Chemistry Cell (ACC) under the Production Linked Incentive (PLI) program.Read More

The rooftop solar plan: India’s solar power capacity, target, and the way forward

India's solar power programme, which includes an important component of grid-connected rooftop systems, is running behind schedule. The Pradhan Mantri Suryodaya Yojana announced by the PM aims to give a fresh push to solar in the country. The potential is huge, but it needs smart, concerted efforts to come to fruition. Read More

Suryodaya Scheme: Modi Govt’s Big Rooftop Solar Push Could be the Power Revolution India Needs

The expansion of rooftop solar panels across one crore more homes under the Suryodaya scheme will boost local manufacturers witnessing a business boom owing to the Centre’s push for self-relianceRead More

Navigating India's hydrogen challenge for Sustainable Energy Future Read more at: https://energy.economictimes.indiatimes.com/news/renewable/budget-2024-navigating-indias-hydrogen-challenge-for-sustainable-energy-future/107104276

Additional incentives to taper the operating costs, transmission, and distribution (T&D) costs, wheeling charges for electricity and specific local duties and taxes like goods and service taxes can also be provided through specific policies and incentives. The Union Budget 2023 made substantial inroads in the green hydrogen sector by planning an outlay of INR 19700 crore particularly under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Programme, which alone had an allocation of INR 17,490 crore.Read More

Government invites bids for setting up ACC units under PLI scheme for Battery Storage

New Delhi: The Centre on Wednesday announced re-bidding under a PLI Scheme for Advanced Chemistry Cells (ACC) to select bidders to set up mega battery manufactuRead More

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