In a further step to provide relief to the ailing renewable energy sector in the country, the Ministry of New and Renewable Energy (MNRE) is mulling to issue uniform combined guidelines for the procurement of renewable energy i.e. solar, wind, and hybrid energy including storage.
The government’s motive behind issuing uniform guidelines is to boost investment into the renewable energy sector. The Ministry will also continue to issue new bids so that investors can plan their investment.
This information was provided by MNRE after Power Minister RK Singh took review meetings via video conferencing with all officers of the Ministry in which it was decided that “MNRE will issue uniform combined guidelines for procurement of Renewable Energy (Solar, Wind, Hybrid) including Storage to facilitate investment in the sector and will continue to bring new bids so that investors can plan their investment.”
Amid lockdown imposed across the country as a precautionary measure to combat the spread of the coronavirus, MNRE has been working through e-office from home.
Besides the movement of files and notings online, review meetings are also taking place through video conferencing.
The government has taken various steps in order to ensure smooth functioning of the power sector in such critical times.
Recently, the MNRE, Secretary, Anand Kumar also informed that all renewable energy projects under implementation will be given the extension of time considering the period of lockdown and time required for remobilisation of the workforce.
Kumar also admitted that the spread of coronavirus has not only disrupted the supply chain of components used in renewable energy projects but also has impacted the availability of workforce. This time extension move was widely welcomed by the industry stakeholders.