Haryana govt. exempts solar devices from VAT to encourage manufacturing in the state Updated On Fri, May 19th, 2017 by Saurenergy Solar devices exempted from VAT includes solar lanterns, solar home systems, stand-alone street lighting systems, solar water heating systems, solar water pumping systems, solar cooker boxes and dish type, solar chargers or inverters and solar photovoltaic modules. The Haryana government has exempted solar devices, equipment or parts used in installation of solar power projects from […] Read more
No Need to Lower GST Rates for the Growth of Solar Power in India: Piyush Goyal Updated On Fri, May 19th, 2017 by Saurenergy The GST Council has finalized 18 percent of rate for solar panels in its three-day meeting in Srinagar. Piyush Goyal, Power, Coal, Renewable Energy and Mines Minister has said that the government does not need lower tax rates to ensure the growth of solar power sector in India. Goyal was talking in the context of […] Read more
SAC Signs MoU with Adani Group to Help Optimize its Solar Power Generation Capacity Updated On Fri, May 19th, 2017 by Saurenergy Space Application Centre will be providing the group access to the radiation data to determine an optimum time for solar power generation to Adani Green Energy Limited. The Space Application Centre (SAC) of Indian Space Research Organization (Isro) has signed a Memorandum of Understanding with a subsidiary of Adani group, to help boost solar power […] Read more
Maharashtra Seamless Commissions 20 MW Solar Power Project in Rajasthan Updated On Fri, May 19th, 2017 by Saurenergy The power generated from the 20 MW DCR solar power project will be sold for Rs.5.07/kWh to the off-taker. One of the leading manufacturers of electric resistance welded and seamless pipes and tubes, Maharashtra Seamless has successfully commissioned a 20 MW Solar Power Project at village Khetusar in Jodhpur, Rajasthan. The company has also obtained […] Read more
Boost to India’s renewable energy plan as China steps-up investment in solar Updated On Fri, May 19th, 2017 by Saurenergy “Chinese investments in Indian coal projects have been declining. At the same time, Chinese investments in India on solar projects are slowly increasing,” India is treading a strong renewable energy path post-Paris Agreement as it witnesses a step-up in Chinese investments in solar energy. Additionally, there’s a significant slowdown in Chinese investments in thermal power […] Read more
India is eyeing cooperation with African nations on the ISA Updated On Fri, May 19th, 2017 by Saurenergy “India would seek to leverage this occasion to further deepen her economic cooperation with the African countries. India is also looking forward to cooperation with Africa on the International Solar Alliance (ISA) initiative” India is eyeing cooperation with African nations on the International Solar Alliance (ISA) initiative and looking forward to deepen economic cooperation during […] Read more
Andhra Pradesh Government Plans to Float Tenders for Two Pilot Battery-Backed Solar Power Projects Updated On Thu, May 18th, 2017 by Saurenergy Andhra Pradesh Chief Minister N Chandrababu Naidu has emphasized the need to tap and store the solar power in reducing power charges. With rapid growth in the solar power capacity and changes in the battery backup technologies, the Andhra Pradesh Government plans to float tenders for two solar parks to be taken up on a […] Read more
ADB Issues Green Rupee-Linked Bond to Support Renewable Energy in India Updated On Thu, May 18th, 2017 by Saurenergy ADB’s green rupee-linked bond to support renewable energy in India carries a 6.00% interest rate with a 3.75-year maturity, falling due in February 2021. The bonds, which are denominated in Indian rupees but settled in US dollars, were underwritten by JP Morgan and TD Securities as Joint Lead Managers The Asian Development Bank (ADB) has […] Read more
NTPC-SAIL Power Company Limited Tenders 20 MW Solar Power Project in West Bengal Updated On Thu, May 18th, 2017 by Saurenergy NSPCL, a joint venture of NTPC Limited and Steel Authority of India Limited has invited bids for a 20 MW solar power project in the vicinity of Durgapur Steel Plant. The NTPC-SAIL Power Company Limited (NSPCL) has invited bids from eligible bidders on Single-Stage-Two-Envelope bidding with Reverse Auction for EPC Pacakge for a 20 MW […] Read more
