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PSBs Sanction INR 10,907 Crore Loans for Over 5 Lakh Applications Under PM Surya Ghar Yojana

Public Sector Banks have sanctioned over 5.79 lakh loan applications worth INR 10,907 crore under the PM Surya Ghar Muft Bijli Yojana. PSBs have also offered several enhancements such as inclusion of co-applicants and removal of capacity-based caps to expand the scheme’s reach.

Ministry Of Finance | October 08, 2025 | By Mrinmoy Dey |  228

MNRE Advises RE Agencies to Comply with GFR Rules, Avoid Short-Window Bids

MNRE has issued an advisory directing renewable energy agencies to ensure compliance with procurement rules and avoid issuing tenders with unusually short submission timelines.

Ministry Of Finance | October 06, 2025 | By EI News Network |  537

CBDT Grants Section 54EC Tax Benefit Status to IREDA Bonds

The Central Board of Direct Taxes has notified bonds issued by IREDA as ‘long-term specified assets’ under Section 54EC of the Income-tax Act, enabling tax exemptions on capital gains for investors and boosting low-cost financing for renewable energy projects.

Ministry Of Finance | July 10, 2025 | By Mrinmoy Dey |  436

India Slaps Five-Year Anti-Dumping Duty on Solar Glass Imports from China, Vietnam

India has imposed up to USD 664/tonne anti-dumping duty on Chinese and Vietnamese solar glass imports for five years to protect domestic manufacturers, following DGTR's investigation.

Ministry Of Finance | May 09, 2025 | By EI News Network |  1582

India to Launch Indigenous Wireless EV Charger Soon

India has more than 45 lakh registered EV vehicles, C-DAC (T) and VNIT Nagpur have announced the launch indigenous wireless chargers to meet the growing requirements.

Ministry Of Finance | May 09, 2025 | By News Bureau |  1178

Govt Issues Draft Framework for Climate Finance Taxonomy

The Finance Ministry has released a draft framework for India’s Climate Finance Taxonomy to facilitate greater resource flow to climate-friendly technologies and activities enabling India to achieve the vision of being Net Zero by 2070 while ensuring long-term access to reliable and affordable energy.

Ministry Of Finance | May 08, 2025 | By Mrinmoy Dey |  3447

India Surpasses 850,000 Rooftop Solar Installations, Reaffirms RE Goal

India has exceeded 850,000 rooftop solar installations under PM-Surya Ghar, moving towards its 10 million-household goal. At FICCI’s summit, Minister Pralhad Joshi reaffirmed India's 500 GW renewable target by 2030, emphasising policy support, financial backing, and collaborative efforts.

Ministry Of Finance | January 30, 2025 | By EI News Network |  1021

India Imposes Anti-Dumping Duty on Solar Glass Imports from China and Vietnam

The Indian government has imposed a provisional anti-dumping duty on solar glass imports from China and Vietnam to protect domestic manufacturers, following DGTR's recommendation to curb undercutting and support local industry growth.

Ministry Of Finance | December 06, 2024 | By Mrinmoy Dey |  2049

MNRE Releases Draft Investment Plan for RE Integration Program, Seeks Public Feedback

The MNRE has released a Draft Investment Plan for the Renewable Energy Integration Program under the Climate Investment Funds, inviting public comments and feedback by November, 7 2024. This initiative aims to enhance renewable energy integration and support India’s sustainability goals.

Ministry Of Finance | October 25, 2024 | By EI News Network |  1908

SECI, NHPC and SJVN Attain Navratna Status

Solar Energy Corporation of India (SECI), National Hydroelectric Power Corporation (NHPC) and Satluj Jal Vidyut Nigam (SJVN) have been granted Navratna status by the Ministry of Finance providing them autonomy in financial and operational matters.

Ministry Of Finance | August 31, 2024 | By EI News Network |  2642

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