The LoA pertains to the establishment of a manufacturing capacity for electrolysers in India, aligning with the Strategic Interventions for Green Hydrogen Transition Scheme (Tranche-I).
- Under the terms of the order, Adani New Industries is tasked with setting up an electrolysers manufacturing capacity of 198.5 MW/annum in India.
- The project falls under the production linked incentive scheme (PLI) for electrolyser manufacturing, with a stipulated execution period of 30 months from the date of the LoA. The focus of the initiative is on establishing an alkaline electrolysers facility under bucket-II, leveraging indigenous technology.
- The maximum incentive allocated over a period of five years from the scheduled commissioning date is set at ?293.78 crore.
- Shares of Adani Enterprises Ltd ended at ?3,104.25, up by ?23.80, or 0.77%, on the BSE.
- Smart grids, for instance, empower cities to manage and distribute solar energy more effectively, ensuring a reliable power supply.
- Economic and Environmental Gains: Beyond environmental considerations, the integration of solar energy yields substantial economic benefits.
- However, with ongoing advancements in solar technology and increasing collaboration between the public and private sectors, India’s journey towards solar-powered urbanization looks promising.
- As cities across India embrace solar technologies, they illuminate a path towards a greener and more resilient urban future, symbolizing hope for a brighter tomorrow.
? The new notification said that the discoms should seek only the consumers’ electricity bills for technical feasibility approval for rooftop solar.
- MNRE Amends Policy, Asks Discoms To Seek Less Docs for Rooftop Solar In the latest notification, the Ministry of New and Renewable Energy (MNRE) tried to simplify the application process for grid-connected rooftop solar.
- The latest notification issued by the ministry has asked the discoms to ask their consumers for fewer documents to install rooftop solar.
- It also said that for project commissioning/net-metering, the discoms should seek three documents–a project completion report (PCR), a photograph of the RTS facility, and the consumer-vendor agreement.
- It also added, “It is also directed that the discoms should also keep sufficient stock of smart meters/net meters to avoid delay in commissioning of RTS projects that arise due to the necessity for consumers to purchase the meters and getting the same tested by discoms’ lab.