EESL Inks Pact for Rs 500 Cr First Long-Term Rupee Loan Updated On Wed, Jan 2nd, 2019 by Saurenergy The Punjab National Bank (PNB)-issued funds will be utilized by the company towards funding its capital expenditure for its flagship programmes including Street Lighting National Programme, Smart Meter National Programme, Solar Substation, and E-Mobility project. Energy Efficiency Services Ltd (EESL), a joint venture of PSUs under the Union Ministry of Power, has raised its first […] Read more
SPDA Demands Uniform GST Rate of 5% Updated On Mon, Dec 31st, 2018 by Saurenergy The total incidence of tax on the SPGS would increase to 8.9 per cent with implementation of the GST Council recommendations. The recently issued sigh of relief from the GST council which recommended 5% GST for almost 70% of solar products has come under ire just a week after GST council issuing its recommendations. The […] Read more
Growth of Indian Solar Capacity Slowing Down: Experts Updated On Mon, Dec 31st, 2018 by Saurenergy According to Bridge To India’s latest report, India’s total solar capacity touched 27.4 GW by the end of September 2018. India’s solar capacity which had been witnessing a continual growth over the last four year took a slump in 2018 because of policy challenges and struggles in execution of the projects. Vinay Rustagi, Managing Director […] Read more
Growatt Dedicated to Development of Indian Solar Power: Rucas Wang Updated On Mon, Dec 31st, 2018 by Saurenergy According to statistics and reports, India is projected to be third largest solar market in the world after China and the US by the end of this year. India stands at a sweet spot to become solar energy major and Growatt is dedicated to the development of Indian solar market for over seven years, Rucas […] Read more
India Received $3.2 Bn of FDI in Renewable energy in Last Three Years Updated On Fri, Dec 28th, 2018 by Saurenergy In the first three months of the current financial year (2018-19), Rs 452 crore of FDI had already flown in, power minister R K Singh said. India has received Foreign Direct Investment worth $3,217 million in the renewable energy sector over the last three years from April 2015 to June 2018. According to data from the […] Read more
IOCL Inaugurates First Fully Solar Powered Fuel Outlet in Kerala Updated On Fri, Dec 28th, 2018 by Saurenergy Chairman of IOC, who inaugurated the outlet also mentioned that Kerala is the first state in which all IOCL owned fuel outlets are fully automated. Taking steps towards a sustainable future, Indian Oil Corporation recently inaugurated India’s first 24×7 solar-powered fuel retail outlet in Kochi, Kerala. Sanjiv Singh, Chairman of IOC, who inaugurated the outlet […] Read more
Punjab Issues Tender for 90 KW Solar Rooftop Project Updated On Fri, Dec 28th, 2018 by Saurenergy The total installed renewable energy capacity in Punjab is around 1593 MW including 920 MW in solar as on August, 2018. Punjab’s Department of Housing and Urban Development has issued a tender for development of solar rooftop plant of 90 KW capacity on the premise of Patiala Urban Planning And Development Authority. The scope of […] Read more
35% Drop in Tariff After Commissioning Delay Updated On Fri, Dec 28th, 2018 by Saurenergy Waaneep had entered into a power purchase agreement with APSPDCL at a tariff of Rs 5.76/kWh for a 25 MW solar power project. The Andhra Pradesh Electricity Regulatory Commission has given its nod to an amendment in the existing Power Purchase Agreement which was drafted by Southern Power Distribution Company of Andhra Pradesh Ltd (APSPDCL). […] Read more
Bids for 8 GW Wind Power Finalised: RK Singh Updated On Fri, Dec 28th, 2018 by Saurenergy As on date, the bids for setting up of wind power projects of aggregate 8389.90 MW capacity have been finalized through SECI and NTPC. Taking giant leaps in the renewable energy secto0072, bids for setting up of wind power projects of aggregate 8389.90 MW capacity have been finalised through Solar Energy Corporation of India (SECI) […] Read more
