Solar Industry Facing Some Challenge: Gyanesh Chaudhary Updated On Tue, Nov 20th, 2018 by Saurenergy Ambiguity arising from the GST relates to the fact that it is still not clear whether solar projects will be categorized under the 5% tax bracket or 18% tax bracket. Implementation of Goods and Service Tax and imposition of safeguard duties are proving to be challenging for the solar industry in India, Gyanesh Chaudhary, MD […] Read more
Solar Developers to Get a One-Time GST Compensation of Rs 2000 crore Updated On Tue, Nov 20th, 2018 by Saurenergy An order by Central Electricity Regulatory Commission (CERC) in October had approved the claims of solar power developers. In a relief to the solar developers, state power distribution companies will have to pay nearly Rs 2000 crore as a one-time compensation towards the impact of Goods and Service Tax (GST) on developers according to Icra. […] Read more
NHAI Installs Solar Street Lights on Chennai Road Updated On Mon, Nov 19th, 2018 by Saurenergy According to Chennai city police, the poorly lit road was a major accident prone area due to insignificant lighting on the stretch. National Highway Authority of India (NHAI) will be lighting up a stretch of 32-KM Chennai bypass which connects four different national highways, with solar street lamps. According to Chennai city police, the poorly […] Read more
Solar Energy Corporation to Issue Tenders of 4000 MW in Nov-Feb Period Updated On Mon, Nov 19th, 2018 by Saurenergy The proposal however, will not guarantee India meeting its solar energy target under the national solar mission In order to fast-track the energy output from solar energy, government has instructed the Solar Energy Corporation of India (SECI) to issues tenders for 4000 MW of solar energy by the month of February 2019. The proposal however, […] Read more
Maharashtra to Give Huge Subsidies on Solar Agri Pumps: Minister Updated On Mon, Nov 19th, 2018 by Saurenergy Speaking at the Agro Vision 2018, the minister informed that one lakh such solar pumps will be given to the farmers With a motive of bringing solar energy to every nook and corner of rural Maharashtra, the state government is planning to give huge amount of subsidies on solar agricultural pumps. Maharashtra state energy minister […] Read more
Solar Energy Sector Losing Sheen With Developers Shunning Projects Updated On Mon, Nov 19th, 2018 by Saurenergy Solar Energy Corporation of India (SECI) issued tenders for 1,200 megawatt (MW) of wind-solar hybrid scheme and 10,000 MW solar tender linked to manufacturing units Once touted as the sunrise sector, solar energy industry is losing is its sheen with developers showing reluctance towards bidding for projects. Solar Energy Corporation of India (SECI) issued tenders […] Read more
Tata Power-DDL Bags 3 Awards at ICC Awards-2018 Updated On Mon, Nov 19th, 2018 by Saurenergy This achievement bears testimony to our dedication and commitment to reliable, quality power supply and further strengthens our resolve to bring innovative changes and best practices in the business of power distribution in the country, says Banga, CEO, Tata Power-DDL. Tata Power Delhi Distribution (Tata Power-DDL), a joint venture between Tata Power and the Government […] Read more
Government has tendered 26 GW of renewable energy: IREDA Chairman Updated On Sat, Nov 17th, 2018 by Saurenergy IREDA official further added that India is on the path to achieve 50 GW of energy production from renewable sources of energy. Indian government has tendered 26 GW of renewable energy, Indian Renewable Energy Development Agency (IREDA) Chairman K S Popli said at India Energy Forum’s (IEF’s) Renewable Energy Summit. IREDA official further added that […] Read more
GoI, ADB Lend $300 Mn via IIFCL to Fund Projects Including Renewables Updated On Sat, Nov 17th, 2018 by Saurenergy ADB funding is expected to fund at least 13 sub-projects through IIFCL, involving roads and renewable power generation, under the last tranche, says Kenichi Yokoyama. The Government of India (GoI) and Asian Development Bank (ADB) signed a USD 300 million loan agreement to support lending by India Infrastructure Finance Company (IIFCL). The Ministry of Finance […] Read more
