Tag: mnre

Setting Sail: A new course for offshore wind development in India

With roughly 42 GW of installed wi­nd power capacity as of Novem­ber 2022, India is one of the leading nations in terms of wind power dep­loy­me­nts. Much older and more mature than the solar power segment, wind pow­er dominated India’s renewable energy mix for years. However, of late, the segment has wit­nessed a significant slowdo­wn in capa­city addition and lags far behind solar po­wer, which has an installed capacity of over 61 GW.

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India’s MNRE issues amendments to the CPSU Scheme Phase-II

India’s Ministry of New and Renewable Energy (MNRE) has issued amendments to the Central Public Sector Undertaking (CPSU) Scheme Phase-II for setting up 12,000 MW of grid-connected solar power projects with viability gap funding (VGF) support. These projects would be set up by government producers for self-use or use by government entities, either directly or through distribution companies.

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