Big Move! GST Council Trims Tax on EVs, Chargers to 5% Updated On Sat, Jul 27th, 2019 by Saurenergy According to the Finance Ministry statement, these changes will be effective from August 01, 2019. The GST Council chaired by Finance Minister Nirmala Sitharaman has decided to slash GST rates on all electric vehicles (EVs) to 5 percent from the existing 12 percent and has cut the current 18 percent GST on electric vehicle chargers or […] Read more
Maharashtra Government Plotting New Solar Projects Policy Updated On Sat, Jul 27th, 2019 by Saurenergy The Maharashtra government is contemplating to prepare a policy wherein vacant plots and agriculture land will be taken on lease to set up solar projects The Maharashtra government is contemplating to prepare a policy wherein vacant plots and agriculture land will be taken on lease to set up solar energy projects. An Energy Department official said that […] Read more
Industry Reacts to High Court Stay on AP Order for PPA Review Updated On Fri, Jul 26th, 2019 by Saurenergy High Court ordered a stay that gave respite to wind firms while state action to temporarily shut projects added to their jitters Reacting to the High Court stay on the AP order for reviewing PPAs, law firm J Sagar Associates that represents ReNew Power in high court said that Andhra Pradesh government has ‘no right’ to […] Read more
Waaree, Metafin Partner to Offer Lending Solutions Updated On Fri, Jul 26th, 2019 by Saurenergy The company said the loan will cover up to 70 percent of the total project cost and repayable through easy EMIs. To make solar energy more accessible, leading PV module maker and EPC services provider Waaree Energies has partnered with Metafin Cleantech, an NBFC specialising in renewable energy and clean tech, to provide easy lending. […] Read more
CEL Empaneling EPC Firms for BESS Projects Updated On Fri, Jul 26th, 2019 by Saurenergy CEL has issued an EOI for empanelment of firms/EPC contractors for executing BESS projects in India. State-owned enterprise, Central Electronics Limited (CEL) has issued an Expression of Interest (EOI) for empanelment of firms/EPC contractors for executing Battery Energy Storage Systems (BESS) projects in India. The empaneled contractors will be able to participate in future project […] Read more
NTPC Tenders for Civil Work on 24 MW Solar Project Updated On Fri, Jul 26th, 2019 by Saurenergy NTPC has issued a tender for civil work package for the development of the 24 MW solar PV power project in Solapur, Maharashtra. NTPC Ltd has issued a second tender seeking bids from enlisted bidders for civil work package for the development of 24 MW solar PV power project in Solapur, Maharashtra. The brief scope […] Read more
Reviewing PPAs Only to Ensure Competitive Prices: Reddy Updated On Fri, Jul 26th, 2019 by Saurenergy The decision to renegotiate PPAs was only aimed at ensuring competitive prices and pass on the accruing benefit to the people, YS Jagan Mohan Reddy has said. The new Andhra Pradesh government’s move to renegotiate power purchase agreements (PPAs) signed with renewable energy producers in the last five years under the TDP government was only […] Read more
Hyundai Working With IOCL for Fast Charging Stations Updated On Fri, Jul 26th, 2019 by Saurenergy Hyundai Motor recently showcased its Kona electric SUV and said that work is on to set up fast charging facilities in association with IOCL Hyundai Motor, which recently showcased its Kona electric Sports Utility Vehicle, said work is on to set up fast charging facilities in select fuel stations in association with the Indian Oil […] Read more
Magenta Power Launches EV Charging Stations Updated On Thu, Jul 25th, 2019 by Saurenergy This series of charging stations are best suited for community charging such as offices, malls and residential societies. In a bid to support government’s National eMobility program, solar power systems provider Magenta Power has launched its electric vehicle (EV) charging stations called ‘ChargeGrid’ series. The company said in a statement that this new series is […] Read more
