M Surya Ghar: Ministry issues vendor registration rules
Under the $9.04 billion invested PM Surya Ghar: Muft Bijli Yojana rooftop solar programme, the Ministry of New and Renewable Energy (MNRE) has announced new guidelines for vendor registration. The scheme aims to increase residential rooftop solar capacity and empower households to generate their own electricity until the financial year 2026?27. The rules state that vendors must register on the National Portal to be eligible to install rooftop solar projects under the program. Previously registered under the Grid-Connected Rooftop System (GCRT) Phase II, vendors will automatically be consider..
MES Invites Bids for Solar Project
The Military Engineer Services (MES) has initiated the bidding process for an upcoming solar project, signalling its commitment to harnessing renewable energy sources. This move underscores MES's efforts to incorporate sustainable energy solutions into its infrastructure projects.
The bidding invitation presents an opportunity for solar developers and contractors to participate in the project and contribute to India's renewable energy goals. By leveraging solar power, MES aims to reduce its reliance on conventional energy sources and mitigate its carbon footprint.
The project i..
AGEL Secures $400 Million Financing for 750 MW Solar Projects
Adani Green Energy Limited (AGEL) has secured significant financing amounting to $400 million for its 750 MW solar projects, marking a major milestone in the expansion of renewable energy capacity in India. The financing deal underscores investor confidence in AGEL's projects and highlights the attractiveness of solar energy as a sustainable investment opportunity.
The $400 million financing will support AGEL's ambitious solar projects, which are poised to contribute significantly to India's renewable energy targets and accelerate the country's transition towards a greener future. With..
Jindal Steel & Power's Q4 Profit After Tax Doubles to Rs 9.33 Bn
Jindal Steel & Power Limited (JSPL) has reported a remarkable achievement in its financial performance for the fourth quarter, with its profit after tax (PAT) doubling to Rs 9.33 billion. This significant growth underscores the company's robust operational performance and strategic initiatives, reflecting its resilience and adaptability in the competitive steel and power sectors.
The doubled PAT for the fourth quarter is a testament to JSPL's effective management strategies and operational efficiency. It signifies the successful execution of the company's growth plans and its ability t..
Impending Solar Storm Threatens Earth
The global scientific community is abuzz with the news of an impending severe geomagnetic storm predicted to hit Earth late Friday night, on May 10. A series of solar flares and coronal mass ejections (CMEs) that began on May 8 are expected to trigger northern auroras and possibly disrupt satellite communications, electric power grid, and even trigger GPS problems.
Astronomers around the world pointed their telescopes at the sun on Friday, marveling at the abnormally large sunspots ever seen on the surface of the local star. The unusual solar activity gave rise to many theories and spe..