10 June 2016 Current Affairs: Tata Power Solar has bagged the Ministry of New and Renewable Energy (MNRE) award for rooftop solar power projects.
The company has won in the Channel Partner/EPC contractor category at the National Excellence Awards 2016 instituted by MNRE for the first time.
According to Ashish Khanna, ED and CEO, Tata Power Solar, as per MNRE, the awards are presented to encourage efficiency and give positive feedback to various government bodies as well as private sector.
Tata Power Solar has commissioned 112.5 MW of rooftop projects till 2016.
Rooftop power plants are expected to constitute 40 per cent of the Government’s 100 GW target solar capacity to be achieved by 2022. Recently, MNRE announced a 30 per cent subsidy for all residential and non-profit organisations installing rooftop solar.
Ministry of New and Renewable Energy : Ministry of New and Renewable Energy or MNRE is a ministry of the Government of India. The ministry is currently headed by Piyush Goyal, a cabinet minister. The ministry was established as the Ministry of Non-Conventional Energy Sources in 1992. It adopted its current name in October 2006.
The Ministry is mainly responsible for research and development, intellectual property protection, and international cooperation, promotion, and coordination in renewable energy sources such as wind power, small hydro, biogas, and solar power. The broad aim of the ministry is to develop and deploy new and renewable energy for supplementing the energy requirements of India.The ministry is headquartered in Lodhi Road, New Delhi