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  • Central Government launches High Price Day Ahead Market and Surplus Power Portal (PUShP) to ensure greater availability of power during peak season.
  • RBI has recognized IREDA as an Infrastructure Finance Company (IFC) which will allow them to access a wider investor base for fund mobilization and take higher exposure in Renewable Energy financing. This will increase the investors’ confidence, enhance the brand value, and generate positive outlook in the market.
  • 27,000 circuit kms. of transmission lines to be added at an investment of INR 75,000 cr by 2024-25.
  • The Union Cabinet chaired by the Prime Minister of India has given its approval to introduce the Production-Linked Incentive (PLI) Scheme in High-Efficiency Solar PV Modules for Enhancing India’s Manufacturing Capabilities and Enhancing Exports – Atmanirbhar Bharat with financial Outlay of INR 4,500 crore.
  • Ministry of New and Renewable Energy notified the ‘Renewable Energy Research and Technology Development Programme’ for promotion of indigenous technology development for wide spread deployment of new and renewable energy, including ocean energy, in an efficient and cost-effective manner across India.
  • Total of 89.45 MW capacity has been installed under Component-A and around 2.09 lakh pumps have been reported solarized under Component-B and Component-C as on 28.02.2023 under PM-KUSUM Scheme.
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