India added 2,043 megawatt (MW) wind power capacity in the first 11 months of the current financial year (2019-20) as against 1,480 Mw added last financial year, new and Renewable Energy Minister Mr R K Singh said.
The government is aiming at 25,750 megawatt (MW) of new power generation capacity from solar plants under the ambitious Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme by 2022, Power and Renewable Energy Minister Mr R K Singh said.
The Solar Energy Corporation of India (SECI) has for the third time extended the bid submission deadline for its 4-megawatt (MW) floating solar power plant in Andaman & Nicobar Islands.The last date of bid submission is hereby extended till 20 March,2020.
Based on standard capital cost per MW, an investment of around Rs 1.34 lakh crore is estimated to have been made in the renewable energy sector during last three years i.e. 2017-18 to 2019-20 (up to January 2020),” Renewable Energy Minister Mr R K Singh said.
Parliament on March 12, 2020 passed a bill that will remove end-use restrictions for participating in coal mine auctions and open up the coal sector fully for commercial mining for all domestic and global companies.
The government has set up a high-level committee under NITI Aayog Vice Chairman Mr Rajiv Kumar to draw a road map for opening up of the country’s mining sector to private players.
The committee will suggest policy measures to liberalise the framework and make it attractive for private players, officials reported. The proposed plan envisages complete mining rights to interested players while imposing a cap on royalty.