No Concessional Custom Duty on Imported Items for Initial Setting up of Solar Plants Updated On Mon, Mar 1st, 2021 by Saurenergy MNRE will be discontinuing the benefit of Concessional Custom Duty for items imported for the initial setting up of solar projects The Ministry of New and Renewable Energy (MNRE) has notified that it will be discontinuing the benefit of Concessional Custom Duty in respect of items imported for the initial setting up of solar power […] Read more
Welcome Back! CERC Order on Connectivity for RE projects With ISTS Connections Updated On Tue, Feb 23rd, 2021 by Saurenergy On February 20, in one of its more far-reaching orders since reconvening with the addition of a member legal, the Central Electricity Regulatory Commission (CERC) has released its new order on regulation 27 of the CERC (Grant of Connectivity, Long-term Access and Medium-term Open Access in inter-State Transmission and related matters) Regulations, 2009. The order […] Read more
Hope Rules Over Policy as PM Modi Harks to 40 GW Rooftop Solar by 2022 Updated On Fri, Feb 19th, 2021 by Saurenergy If there was ever a case of hope triumphing policy for India’s struggling rooftop solar sector, then PM Modi’s statement on the country reaching 40 GW of rooftop solar by 2022 must come as a massive boost. Or maybe the industry is simply smarter than that. For out of the 100 GW solar target for […] Read more
Approach for Energy Sector has Been Reach, Reinforce, Reform & Renewable Energy: PM Modi Updated On Fri, Feb 19th, 2021 by Saurenergy Prime Minister Narendra Modi addressed a webinar for consultation towards effective implementation of Union Budget provisions in the power and renewable energy sector. Stating that the sector plays a big role in the progress of the country and contributes to both ease of living and ease of doing business. In his address, Modi said that […] Read more
MERC Orders SECI to Compensate MSEDCL for Delayed Solar Projects Updated On Thu, Feb 18th, 2021 by Saurenergy MERC has directed SECI to compensate MSEDCL as per a Power Sale Agreement (PSA) signed between the two entities for delayed solar projects. The Maharashtra Electricity Regulatory Commission (MERC) in its latest order has directed the Solar Energy Corporation of India (SECI) to compensate Maharashtra State Electricity Distribution Company Limited (MSEDCL) as per a Power […] Read more
4789 MW RE Capacity Sanctioned Under Component A of KUSUM Scheme Updated On Fri, Feb 12th, 2021 by Saurenergy RK Singh has detailed that under Component-A of the KUSUM scheme 4789 MW of RE capacity has been sanctioned across farms in India, so far. Union Minister for Power and New & Renewable Energy RK Singh has detailed that under Component-A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme 4789 MW […] Read more
Committed to Reduce Emissions by 33 to 35% From 2005 Levels: PM Modi at WSDS Updated On Thu, Feb 11th, 2021 by Saurenergy PM Modi at the WSDS inauguration reiterated India’s commitment to reduce the emissions intensity of GDP by 33 to 35 percent from 2005 levels. Prime Minister Narendra Modi on February 10, 2021, inaugurated the World Sustainable Development Summit (WSDS) 2021 via video conferencing. During the event, PM Modi reiterated India’s commitment to reduce the emissions […] Read more
Rs 1000 Cr Capital Infusion to Enable SECI to Float 15 GW Tenders Annually Updated On Wed, Feb 10th, 2021 by Saurenergy Capital infusion of Rs 1000 crore to SECI in the new budget, will enable the agency to float 15 GW tenders annually. Finance Minister Nirmala Sitharaman in her budget speech for fiscal 2021-22 announced the capital augmentation of Solar Energy Corporation of India Limited (SECI) and Indian Renewable Energy Development Agency Limited (IREDA). In her […] Read more
RE Projects can get Further Extension in Exceptional Cases: MNRE Updated On Wed, Feb 10th, 2021 by Saurenergy MNRE has stated that RE projects under implementation during lockdown can seek to get a further extension beyond 5 months in exceptional cases The Ministry of New and Renewable Energy (MNRE) in its latest order has stated that renewable energy (RE) projects under implementation as on the date of lockdown, i.e. March 25, 2020, through […] Read more
