IL&FS Violates Metering Norms at Solar Plants of SoftBank Energy and ACME Solar Updated On Thu, Sep 6th, 2018 by Saurenergy IL&FS has been found violating the metering norms in the solar power plants set up by SoftBank Energy (SB Energy)and ACME Solar in Rajasthan’s Bhadla solar park. Rajasthan Urja Vikas Nigam (RUVNL), under the gross violation of metering norms by IL&FS, has ordered the constitution of a committee to look into the matter. Solar power […] Read more
Orissa HC Hearing on ‘Solar Safeguard Duty Case’ on Sept’ 19 Updated On Thu, Aug 30th, 2018 by Saurenergy The new hearing date manifestly shows that the safeguard duty is yet to be implemented on the solar imports from China and Malaysia. Nearing the safeguard duty verdict, Orissa High Court has set September 19th, 2018 as the next date for the hearing of ‘Safeguard Duty on Solar Imports Case’. Coming as a historic wrestle […] Read more
One Rupee Increase in Tariffs in Latest Solar Auction Updated On Thu, Jul 12th, 2018 by Saurenergy The latest solar auction for 1000 MW held by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) saw the winning tariffs at Rs 3.48-3.55 per unit. From the record low of Rs 2.44 per unit, the solar power tariffs have risen by more than one rupee in the latest auction. Those from the industry say […] Read more
India’s Utility Solar Capacity Grows 72% in 2017-18, says Bridge To India Report Updated On Thu, Jun 21st, 2018 by Saurenergy The total solar installation was 10.4 GW, the rest comprising rooftop solar plants and off-grid solutions, taking India’s cumulative solar capacity to 24.4 GW, it said. Solar consultancy firm Bridge To India in its latest annual report on the sector said that India’s utility solar capacity grew by a whopping 72 percent in FY18 as […] Read more
India Won’t Impose Safeguard Duty on Imported Solar Equipment Updated On Thu, May 31st, 2018 by Saurenergy The decision had different effects on solar players in the country. On the one hand it had delighted manufacturers while as on the other hand it alarmed developers about the steep rise in input costs. Overruling the directorate general of safeguards’ recommendation of 70% levy on imported solar equipment, the government has reversed the decision […] Read more
No Payment for Solar Power Producers if No Land Title in Karnataka Updated On Wed, May 30th, 2018 by Saurenergy The National Solar Energy Federation of India wrote to Ministry of New and Renewable Energy that the developers are not being paid because they haven’t received clear titles to the land they acquired for the projects. Against the delaying of clearance of land acquisition, the solar energy developers have protested against the Karnataka government to […] Read more
ACME Secures 250 MW Solar PV Project under MSEDCL’s 1,000 MW Bid Updated On Tue, May 22nd, 2018 by Saurenergy The selection process concluded at a very competitive tariff wherein ACME was allotted largest capacity i.e. 250 MW at a tariff of Rs 2.72/kWh. Country’s one of the leading utility-scale solar power developer ACME has won the 250 MW solar Photo Voltaic (PV) capacity in the reverse auction invited by Maharashtra State Electricity Distribution Co […] Read more
Solar Industry Balanced for Greater Jump, After Rs 5,000-Crore of Attractions in 2017 Updated On Tue, Jan 2nd, 2018 by Saurenergy Bhadla solar park near Jodhpur with a limit of 2,250 MW is topped off. The state government has arranged all the more such stops to expand the force. The solar energy domain that took a major jump in Rajasthan in 2017 pulling in Rs 5,000 crore speculations is balanced for an exponential extension in 2018. […] Read more
ACME Solar Holdings and HG Infra Engineering Gets SEBI Approval to Launch Initial Public Offerings Updated On Tue, Dec 19th, 2017 by Saurenergy The financing of company’s Rajasthan based 200MW solar power project and debt payment and few other corporate purposes are on the list in which the raised funds from the issue to be used. ACME Solar Holdings and HG Infra Engineering are the two companies to whom the SEBI has issued approval to launch initial public […] Read more
