Waaree Appoints Amit Paithankar CEO Of Indosolar Updated On Tue, Nov 12th, 2024 by Saurenergy Waaree Energies has announced the appointment of Amit Paithankar as the Chief Executive Officer (CEO) of Indosolar Limited, a subsidiary of the company. The company also appointed Sonal Shrivastava as the Chief Financial Officer (CFO) of the company. The appointments were made with effect from November 11. Paithankar is currently working as the CEO of […] Read more
Waaree Subsidiary Indosolar Commences 1.30 GW Solar Module Facility Updated On Fri, Jul 12th, 2024 by Saurenergy Indosolar Limited, a subsidiary of Waaree Energies Limited today announced the inauguration of its solar module manufacturing facility in Noida. The company in a media statement today said that with a production capacity of 1.30 GW, this factory marks a milestone in its domestic manufacturing and is expected to accelerate employment opportunities, and contribute towards […] Read more
Waaree Energies Receives NCLT’s Nod For Acquisition of Indosolar Ltd. Updated On Fri, May 27th, 2022 by Saurenergy Waaree Energies Limited, a leading solar PV module manufacturer in India, has received formal approval from the National Company Law Tribunal, Delhi Bench (NCLT) on 21st April 2022 for the resolution plan submitted by it towards the acquisition of Indosolar Limited, a manufacturer of solar cells, under the corporate insolvency resolution process (CIRP) initiated by the lenders […] Read more
2 Days After 12 GW Manufacturing ‘Stimulus’ Time For Reality Check Updated On Fri, Feb 8th, 2019 by Saurenergy On Feb 6, the government announced a move to push central public sector undertakings towards a 12 GW solar plan, powered completely by domestic manufacturing. Will this finally kick start domestic manufacturing? 2 days after the announcement, we spoke to industry insiders, as well as considered the factors that could make or break this latest […] 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