Removal of priority-sector lending cap: Solar industry reaction
The power minister’s proposed move is a step in the right direction towards meeting the 40 GW rooftop solar target as it removes the financing hurdle for small and medium enterprises (SMEs).
Power minister seeks removal of priority sector lending limit for renewable energy sector
Easy access to finance topped the agenda of the minister’s meeting with various stakeholders, wherein issues related to land acquisition and Goods and Services Tax (GST) were also discussed.
UPNEDA floats solar plus battery tender
Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has invited bids for the supply, installation and commissioning of an aggregate 6 MW capacity of solar power generation projects along with LiFePo4 battery backup at various sites in Uttar Pradesh. Bidding closes on June 24.
