IREDA Drives Renewable Energy Growth with Rs 9,136 Crore Loan; Highlights of the Proposed CERC Tariff Determination for Renewable Energy and More...

Indian Renewable Energy Development Agency Limited (Ireda) , a public sector non-banking financial company, announced a significant increase in its sanctioned loans, which soared to Rs 9,136 crore for the April-June quarter of the fiscal year 2025. This marks a considerable growth from the same period last year.

The Central Energy Regulatory Commission (CERC) has issued draft regulations for the tariff determination from renewable energy sources for the period 2024-2027. These regulations aim to provide a structured approach to determining tariffs, ensuring fairness, and encouraging growth in the renewable energy sector. Key highlights and proposed changes are as follows.

AM Green and SJVN Green Energy Limited (SGEL), a wholly owned subsidiary of SJVN, have signed a Memorandum of Understanding (MoU) for a long-term agreement to supply and source renewable energy.

DhaSh Group of Companies , India’s largest solar PV manufacturer, is set to embark on a significant new chapter with the launch of its state-of-the-art manufacturing facility in Sira, Tumkur. This ambitious project, valued at INR 346.35 crore, underscores DhaSh PV Technologies’ commitment to bolstering India’s renewable energy sector.

Sineng Electric , a global leading PV+ESS solution provider, has partnered with Larsen & Toubro and supplied 1,016MW of its 6.6MW MV turnkey stations to the Al Kahfah solar farm in Saudi Arabia. This collaboration marks a significant milestone in Sineng’s mission to deliver innovative and efficient energy solutions worldwide.

The Uttarakhand Electricity Regulatory Commission (UERC) has announced significant amendments to its regulations concerning the supply of electricity from renewable energy sources and non-fossil fuel-based co-generating stations. This update aims to promote the development of renewable and non-conventional sources of energy in the state.