Monday, February 2, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Projects

NEP on bold announcements

Fiinews by Fiinews
November 22, 2016
in Projects
Reading Time: 2 mins read
A A
0
0
SHARES
11
VIEWS
LinkedinShare on Twitter

NEP on bold announcements

piyush-goyal

The National Energy Policy (NEP) aims to chart the way forward to meet the Government’s bold announcements in the energy domain, Piyush Goyal, Union Minister of State (IC) for the Ministry of Power, Coal, New and Renewable Energy and Mines, said in a written reply to Rajya Sabha on November 21, 2016

The NEP’s four key objectives are access at affordable prices, improved energy security and independence, greater sustainability and economic growth, he said.

NEP builds on the achievements of the earlier omnibus energy policy – the Integrated Energy Policy (IEP), and sets the new agenda consistent with the redefined role of emerging developments in the energy world.

There is a need to support the trends which usher in efficiency by a pro-active policy, Goyal added.

The NEP will coordinate energy developments which is managed by different ministries that have the primary responsibility of setting their own sectoral agenda, said Goyal.

While steps have already been taken by the Government to embed many such developments in the sectoral energy policies, however, it is desirable to Goyal emphasized the government’s desire to develop a clear roadmap so that there is clarity amongst all the stakeholders on the Government’s long-term energy agenda.

Long term investors, both on supply and demand sides, need clarity on stable energy policy outlook, he stressed.

Separately, the Minister said five Municipal Solid Wastes (MSW) to Energy Plants of 66.5 MW capacity are currently operational/under trial run in the country.

These are based on state, City/Town & Capacity (MW): Maharashtra, Solapur, 3.0; Delhi, Okhla, 12.0; Delhi, Ghazipur, 16.0; Delhi, Narela-Bhawana, 24.0; Madhya Pradesh, Jabalpur, 11.5.

Goyal said 14.30 GW of renewable energy has been reported during the last two and half years under Grid Connected Renewable Power, which include 5.8 GW from Solar Power, 7.04 GW from Wind Power, 0.53 from Small Hydro Power and 0.93 from Bio-power.

In order to achieve the targets, various initiatives have been taken by the Government which interalia include:
amendments in the Tariff Policy for strong enforcement of Renewable Purchase Obligation (RPO) and for providing Renewable Generation Obligation (RGO);
setting up of exclusive solar parks;
development of power transmission network through Green Energy Corridor project;
identification of large government complexes/ buildings for rooftop projects;
provision of roof top solar and 10 percent renewable energy as mandatory under Mission Statement and Guidelines for development of smart cities;
amendments in building bye-laws for mandatory provision of roof top solar for new construction or higher FAR;
infrastructure status for solar projects;
raising tax free solar bonds;
making roof top solar a part of housing loan by banks/NHB;
incorporating measures in Integrated Power Development Scheme (IPDS)
for encouraging distribution companies and making net-metering compulsory
raising funds from bilateral and international donors as also from the Green Climate Fund to achieve the target. and
creation of Surya Mitras for installation and maintenance of the Solar Projects.

“In coming years, Ministry is going to focus on: conducive policies for promotion of Grid Interactive Renewable Power so as to reach 175 GW by 2022,” he said.

“Low cost Financing with long tenure for Renewable Energy technologies and Projects, creation of transmission infrastructure for evacuation of Renewable Power, focus on promoting indigenous technologies, technological innovation and research & development in the renewable sector and creation of qualified and skilled man power”, Goyal elaborated. fii-news.com

Tags: MNRENEPPiyush GoyalSolar Energy
ShareTweetShare

Related Posts

LTTS
Projects

Project: LTTS secures multi-year mobility contract

by Fiinews
January 29, 2026
0
14

Saxena deepens partnership with valued customer India-headquartered L&T Technology Services (BSE: 540115, NSE: LTTS) has secured a significant multi-year engagement...

PIB
Projects

Project: India-EU work on Digital Innovation

by Fiinews
January 29, 2026
0
13

EU have witnessed remarkable progress, says PM Modi An international agreement was signed in New Delhi for jointly implement four...

SDHI

Project: SDHI to build 6 chemical tankers

January 28, 2026
15
Motivair

Project: Motivair to cool data centres

January 27, 2026
16
PIB

Project: CSIR-CRRI to lead steel slag road works

January 27, 2026
16
Am group logo

Project: Noida to get 1 GW AI Hub

January 22, 2026
13
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Export: Chile FTA to secure critical minerals
  • Market: Defense sector set for 7.8% CAGR
  • Tech: Pune to set up CoE for FICO
  • Invest: Infra central to India’s growth strategy
  • Export: India must cut manufacturing costs

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.