Latest news with #MinistryofNew&RenewableEnergy
The Hindu
4 days ago
- Business
- The Hindu
Wind industry players call for phased approach in government's localisation timeline
The domestic wind energy sector has voiced operational concerns regarding a recent draft amendment by the Ministry of New & Renewable Energy's (MNRE) towards boosting domestic manufacturing. The draft mandates rapid localisation of key wind turbine components for inclusion in the Revised List of Models and Manufacturers (RLMM). Industry players said a phased and industry-aligned approach could avoid potential supply chain bottlenecks and significant cost increases. The two-year timeline for indigenisation could create unintended hurdles in supply chains, delay project rollouts, and potentially escalate project costs by over 35%, they said. Many critical sub-components such as gearboxes, bearings, converters, and control systems are currently imported. An immediate localisation mandate, without adequate phase-outs, may discourage foreign OEMs and slow project rollout timelines, they stated. 'India is at a pivotal juncture in its wind energy journey. For component manufacturers like us, the momentum toward 500 GW of renewable capacity presents significant opportunities—from global supply chain shifts post-COVID to the growing push for localisation,' said V Sriniwas Reddy, Executive Director, Synergy Green Industries Ltd. 'However, policy execution must balance ambition with realism. The recent MNRE directive on indigenisation, while well-intentioned, needs a phased, industry-aligned approach,' he said. Stating that precision parts like gearboxes and converters require not just capex, but tech partnerships and skilled talent, he said the ministry instead of blanket targets, should focus on enabling quality manufacturing, selective localisation, and global competitiveness. 'A National Wind Industrial Cluster Policy—with plug-and-play infrastructure and shared R&D—is the kind of reform that will truly empower the ecosystem. The way forward is through collaboration: OEMs, component makers, and policymakers aligning for long-term, scalable, and export-ready growth,' he said. 'India has the potential to become the world's third-largest wind market—but only if we prioritize quality, investor confidence, and global integration over short-term mandates,' he added. Francis Jayasury, Director -India, Global Wind Energy Council India – GWEC India said, 'India's renewable energy ambitions present a remarkable opportunity for domestic turbine component manufacturers like us—but success will depend on how smartly we align industrial growth with policy execution.' 'Our Chennai facility is already geared for scale and meets global quality benchmarks, but we face challenges from subsidized imports, fragmented tariffs, and the absence of mandatory standards for key components like anchor cages,' he said. 'We welcome the MNRE's push for indigenisation—it plays to our strengths—but urge that it be implemented through a phased, industry-aligned framework. Not every component needs to be made locally; smart localisation, not forced isolation, should guide our strategy,' he emphasised. 'The focus must be on full utilisation of existing domestic capacity, while partnering globally for highly specialized technologies. If India wants to become a true global wind manufacturing hub, what we need is certainty: clear HS code classifications, BIS standards for structural components, and export-linked incentives,' he said. A unified framework would not only boost production and exports but also build long-term investor confidence in the sector, he pointed out.
Hans India
22-06-2025
- Business
- Hans India
India's power capacity jumps by 56 pc from 305 GW to 476 GW in 10 years
New Delhi: India's power sector has seen robust expansion driven by rising demand, infrastructure development, and strong policy support for both conventional and renewable energy sources over the past 10 years. The country's total installed capacity has jumped by over 56 per cent from 305 gigawatts (GW) in 2015–16 to 476 GW as of June 2025, according to official figures released on Sunday. Electricity generation has increased from 1,168 billion units (BU) in 2015–16 to an estimated 1,824 BU in 2024–25. Power shortages dropped from 4.2 per cent in 2013–14 to 0.1 per cent in 2024–25. Besides, over 2.8 crore households were electrified, and per capita electricity consumption increased by 45.8 per cent during this period. India's total installed power capacity of 476 GW is led by 240 GW of thermal, 110.9 GW of solar, and 51.3 GW of wind power, marking a strong shift towards renewable energy and energy security. As one of the fastest-growing major economies, India plays a central role in the global energy transition. Its energy demand is expected to grow at the fastest rate among major economies, driven by sustained economic growth. Consequently, India's share in global primary energy consumption is projected to double by 2035. Over the past eleven years, India has made remarkable progress in the renewable energy sector. In line with the commitment made at COP26, the Ministry of New & Renewable Energy (MNRE) is working tirelessly to achieve 500 GW of installed electricity capacity from non-fossil fuel sources by 2030. As of June 2025, the country has already achieved 235.7 GW from non-fossil fuel sources, comprising 226.9 GW of renewable energy and 8.8 GW of nuclear power, accounting for 49 per cent of the total installed power generation capacity of 476 GW. This marks a significant step toward India's decarbonisation goals and its pledge to a sustainable future. As per IRENA RE Statistics 2025, India ranks 4th globally in Renewable Energy Installed Capacity, 4th in Wind Power, and 3rd in Solar Power capacity. Expansion in renewable energy capacity: Installed RE capacity has grown from 76.37 GW in March 2014 to 226.79 GW in June 2025, an increase of nearly 3 times, with its share in overall power generation increasing from 17.20 per cent to around 22.2 per cent. In addition to the installed capacity, 176.70 GW worth of renewable energy projects are under implementation, with 72.06 GW under bidding stages. The country's solar capacity has increased more than 39 times, from 2.82 GW in 2014 to 110.9 GW in 2025, including a record 23.83 GW added in 2024–25 alone. There have been impressive gains in manufacturing capacity as well as with Solar PV module capacity surging from 2.3 GW to 88 GW, a 38-fold increase. Solar PV cell capacity grew from 1.2 GW to 25 GW, a 21-fold increase. Energy Sector India has also emerged as a global leader in wind energy, particularly in onshore wind power. With an evolving manufacturing ecosystem, supportive policies, and new strides in offshore development, the country is making significant progress in both capacity addition and infrastructure. India currently ranks 4th in the world for installed wind power capacity.
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Business Standard
21-06-2025
- Business
- Business Standard
Govt launches ₹2.3-cr startup scheme to boost rooftop solar installations
The Ministry of New & Renewable Energy (MNRE) on Saturday announced the launch of a Rs 2.3-crore startup innovation challenge with an aim to accelerate rooftop solar installation and renewable energy adoption in the country. This innovation challenge aims to identify and support breakthrough solutions for India's rooftop solar and distributed renewable energy ecosystem, a ministry statement said. It is being implemented under the aegis of MNRE with support from the National Institute of Solar Energy (NISE), and in coordination with StartUp India, DPIIT. According to the statement, the Innovative Projects Start-Up Challenge on Rooftop Solar (RTS) and Distributed Renewable Energy (DRE) Technologies was launched during the National Conference on Skill Development for the Renewable Energy Workforce. The challenge seeks applications from innovators and startups in India, focusing on four key categories to boost renewable energy adoption -- affordability, resilience, inclusivity and environmental sustainability. The challenge is open for a wide range of startups in green tech, IoT, AI, blockchain, construction, energy hardware, fintech, and waste management. Applicants will compete for a total prize pool of Rs 2.3 crore, including Rs 1 crore for 1st prize, Rs 50 lakh for 2nd, Rs 30 lakh for 3rd, and 10 consolation prizes of Rs 5 lakh each. Winners will also get incubation support, pilot implementation opportunities, and mentorship from domain experts and investors, facilitated by MNRE and NISE. The deadline for submitting entries is August 20 and the winners will be announced on September 10. Applications can be submitted through the startup India's Website:
Time of India
20-05-2025
- Business
- Time of India
Three ports identified as hydrogen hubs; 15 states announce green hydrogen policies: MNRE
New Delhi: The Ministry of New & Renewable Energy ( MNRE ) has identified Kandla, Paradip, and Tuticorin ports as green hydrogen hubs and 15 Indian states have announced dedicated policies to support green hydrogen development, MNRE Secretary Santosh Kumar Sarangi said on Tuesday. Speaking at the World Hydrogen Summit 2025 in Rotterdam, Sarangi said these steps are part of India's broader efforts to position itself as a global hub for green hydrogen production and exports under the National Green Hydrogen Mission . The mission, launched in 2023 with an allocation of $2.4 billion, targets the production of 5 million metric tonnes (MMT) of green hydrogen annually by 2030. It is expected to attract investments worth $100 billion, generate over 600,000 jobs, and help avert nearly 50 MMT of carbon dioxide emissions per year. Sarangi said, 'India has already installed over 223 GW of renewable energy—that includes 108 GW from solar and 51 GW from wind—placing India among the fastest-growing renewable energy markets globally.' Under the mission, the government has allocated 862,000 tonnes per annum of green hydrogen production capacity to 19 companies and awarded 3,000 MW per annum of electrolyser manufacturing capacity to 15 firms. The Secretary added that the Ministry of Environment, Forest and Climate Change has exempted green hydrogen and green ammonia plants from environmental clearance to accelerate project execution. The mission is also supporting pilot projects in the steel, mobility, and shipping sectors. A Green Hydrogen Certification Scheme has been launched, and the government is implementing a whole-of-government approach to address sector challenges. 'India's vision is to not only meet its domestic demand but also become a major global exporter of green hydrogen by 2030—contributing meaningfully to decarbonization action,' Sarangi said. He added that issues such as high production costs, lack of standardised frameworks, and infrastructure constraints remain key challenges that need resolution to scale up green hydrogen deployment. Sarangi invited delegates at the summit to visit the India Pavilion and interact with Indian industries over the next two days to explore potential partnerships.
