MoF Adopts E-Mobility Programme in Partnership with EESL Updated On Wed, Jan 9th, 2019 by Saurenergy Further, 28 charging points (24 slow charging points, 4 fast charging points) have also been installed at North Block for charging these vehicles. Marking the adoption of e-mobility, Department of Economic Affairs, Ministry of Finance (MoF), Government of India has signed an agreement with Energy Efficiency Services Limited (EESL), an entity under Ministry of Power […] Read more
NDB, ISA Join Hands to Promote Solar Energy Updated On Tue, Mar 13th, 2018 by Saurenergy The Declaration was signed by K V Kamath, the NDB President and Upendra Tripathy, Interim Director General of ISA, in the presence of Finance Minister Arun Jaitley. The New Development Bank (NDB), formerly known as the BRICS Development Bank, and International Solar Alliance (ISA) has tied up to promote solar energy across the globe. “On […] Read more
ADB, ISA Sign Pact to Promote Solar Energy Updated On Mon, Mar 12th, 2018 by Saurenergy The ISA and the ADB would also cooperate on knowledge sharing and developing technology roadmaps for the promotion of solar energy. The Asian Development Bank (ADB) and the International Solar Alliance (ISA) has signed a cooperation arrangement to promote solar energy deployment in Asia and the Pacific. Upendra Tripathy, ISA interim director general and ADB […] Read more
Budget 2018: Reactions From the Solar Industry Updated On Thu, Feb 1st, 2018 by Saurenergy Jaitley in his budget 2018 speech proposed that the duty on solar tempered glass or solar tempered [anti-reflective coated] glass for the manufacture of solar cells, panels, modules be reduced from 5 percent to zero. The Budget 2018 presented by Finance Minister Arun Jaitley has proposed to eliminate the import duty on components that […] Read more
Acme Cleantech Solutions Approaches Madras High Court for Levied Import Duty Updated On Fri, Dec 8th, 2017 by Saurenergy In its petition, Acme said that customs officials were not following the proper procedure in making their revised assessments. The Madras High Court was approached by a solar power developer named Acme Cleantech Solutions filing a petition against Chennai port customs officials accusing them of charging import duties on panels and modules by categorizing them […] Read more
NIIF Ready to Provide Last Mile Funding to Stressed Projects Updated On Tue, Jun 13th, 2017 by Saurenergy The government will set up two sub-funds under the NIIF -one in clean energy fund, which will primarily focus on renewable energy and another with focus on highway projects. The National Investment and Infrastructure Fund (NIIF) is ready to provide last mile funding to stressed projects funded by banks. The issue of funding from NIIF […] Read more
UNION BUDGET 2017: Shock and Awe for Indian Solar Industry Updated On Fri, Apr 21st, 2017 by Saurenergy In an assertive throw to fuel the solar sector, the budget covertly focused towards helping the rural sector, agricultural sector and re-energising the real estate sector. It was a known fact that Digital payments and Demonetisation will take the center-stage. The clean energy pledges also vowed new propagations as the Government of India rifles solar […] Read more
Solar Experts urge Finance Minister to Increase Subsidy on Purchase of Solar Power Products Updated On Fri, Jan 27th, 2017 by Saurenergy Experts in the field of solar conservation requests FM Arun Jaitley hike the subsidies on purchase of solar power products Experts in the field of solar conservation have urged Finance Minister Arun Jaitley to increase subsidies on purchase of solar products in the Union Budget 2017-18, to give a boost to beneficiaries. Members of global […] Read more
World Bank President Visits India today, talks on India’s Renewable Initiatives upfront Updated On Tue, Jun 28th, 2016 by Saurenergy World Bank President Jim Yong Kim will make a two-day visit to India exploring financial propositions, and also understand India’s efforts on renewable energy and nutrition. Kim in an official World Bank statement said, “I am very impressed with Prime Minister Narendra Modi’s reforms, and on this trip I want to explore how the World […] Read more