Budget 2017 Brings Lower Indirect Levies for Renewable Energy Equipment Updated On Thu, Feb 2nd, 2017 by Saurenergy FM proposes lower excise and customs duties on renewable energy equipment and materials used in solar cells/panels/modules Giving a boost to clean energy programme, Finance Minister Arun Jaitley has proposed massive cuts in excise and customs duties on materials used in solar and wind plants, and also announced the second phase of solar park development […] Read more
Solar Power To Feed 7,000 Railway Stations: Arun Jaitely Updated On Wed, Feb 1st, 2017 by Saurenergy “It is proposed to feed about 7,000 stations with solar power in the medium term. A beginning has already been made in 300 stations. Works will be taken up for 2,000 railway stations as part of 1000 MW solar mission” Finance Minister, Arun Jaitely presenting Union Budget 2017 announced that 7000 railways stations in the […] Read more
Budget 2017-18 proposes Reduction in Customs and Excise for Renewable Energy Sector Updated On Wed, Feb 1st, 2017 by Saurenergy In a bid to incentivize domestic value addition under Make in India initiative of the Government, the Finance Minister has proposed to reduce Customs and Excise duties on several items related to the Renewable Energy Sector The Union Minister for Finance and Corporate Affairs, Arun Jaitley while presenting the General Budget 2017-18 in Parliament today […] Read more
Hero Future Energies Adopts SAP S/4HANA to Power Digital Transformation Updated On Tue, Jan 31st, 2017 by Saurenergy By adopting SAP S/4HANA, Hero Future Energies will have a proven foundation to take the lead in this age and transform into a ‘Live Business’ Hero Future Energies has adopted SAP S/4HANA to bring about digital transformation through end-to-end business process integration and provide operational, financial efficiencies across 25 project sites in India. SAP S/4HANA […] Read more
Training of “Solar Mamas” have been successful in enhancing India- Nauru relationship: President Pranab Mukherjee Updated On Tue, Jan 31st, 2017 by Saurenergy Our collaboration in creating a Centre for Excellence in Information Technology in Nauru and our initiative in solar electrification of two hundred homes in Nauru through the training of “Solar Mamas” have been successful President Pranab Mukherjee extending his greetings and felicitations to the Government and people of the Republic of Nauru on the eve […] Read more
Solar players expect tax incentives in budget, uncertainty over GST remains Updated On Tue, Jan 31st, 2017 by Saurenergy According to Solar players’ continuation of appreciated depreciation, a financial incentive, along with concessional interest rates and use of Rs 54,000 crore National Clean Energy Fund could be crucial to achieve country’s ambitious target. Amid uncertainties over the impact of Goods and Services Tax (GST) and Make in India programme being affected by falling prices […] Read more
ReneSola announces ratio change for the Company’s American Depositary Receipt (“ADR”) program Updated On Mon, Jan 30th, 2017 by Saurenergy For ReneSola’s ADS holders, this Ratio Change will have the same effect as a one-for-five reverse split. ReneSola has announced a ratio change for the Company’s American Depositary Receipt (“ADR”) program. As a result, the number of the Company’s shares represented by each American Depositary Share (“ADS”) will be changed from two (2) shares to […] Read more
RECPDCL Tenders 10 MW of Grid Connecting Rooftop Solar in Assam Under CAPEX Model Updated On Mon, Jan 30th, 2017 by Saurenergy APDCL has appointed RECPDCL as Project Management Consultant (PMC) for implementation of grid connected rooftop solar PV power plants of total 10 MW capacity REC Power Distribution Company Limited (RECPDCL) is inviting bids for 10 MW grid connected rooftop solar project in Assam of behalf of Assam Power Distribution Company (APDCL). The rooftop solar projects […] Read more
Government Should Remove Service Tax for the Installation & Commissioning of RE Projects: Vikram Solar Updated On Mon, Jan 30th, 2017 by Saurenergy Keeping in mind the nature of the industry and to bestow more power generation capacity under the RE Sector, the Government should remove service tax for the installation & Commissioning Gyanesh Chaudhary, CEO and Managing Director, Vikram Solar in his budget expectation statement said keeping in mind the nature of the industry and to bestow […] Read more
