With Phased Duties on Solar Imports, Government Hopes for Orderly Transition Updated On Thu, Jun 25th, 2020 by Saurenergy At his press conference today, Power Minister R.K. Singh confirmed that duties, possibly starting at 25 percent, will be imposed on module imports from August 1. He wasn’t absolutely certain on duties for cell imports, but indicated they would be treated at a lower rate, possibly 15 percent. It is also not clear if customs […] Read more
Adani After More Thermal Capacity, Acquires 49% Stake in OPGC Updated On Wed, Jun 24th, 2020 by Saurenergy Adani has picked up a minority stake in Odisha Power Generation Corporation (OPGC) – a thermal power generating company owned by the Government of Odisha. Fresh from its monumental win in the manufacturing linked solar power tender issued by the Solar Energy Corporation of India (SECI), the Adani Group has picked up a minority (49 […] Read more
Sterling And Wilson Solar Results Updated On Wed, Jun 24th, 2020 by Saurenergy Continuing its somewhat strange relationship with the capital markets, Sterling and Wilson Solar finally released its March quarter results, and full year consolidated results, late yesterday night. The auditors apparently delivered signed copies of the books only by 11:24 p.m, as per the firm’s release to the BSE. Preceded by an over 4 hour board […] Read more
Adani Power Board Gives Nod for Delisting from Indian Bourses Updated On Mon, Jun 22nd, 2020 by Saurenergy The board of Adani Power Ltd (APL), a part of the diversified Adani Group, has provided its consent on the proposal for delisting of the company’s equity shares from the stock exchanges i.e. both from BSE and NSE. The promoter group collectively holds 289.16 crore equity shares of APL representing 74.97 per cent of the […] Read more
With Focus On Chinese Imports, Familiar Tussle Returns For Solar Sector Updated On Mon, Jun 22nd, 2020 by Saurenergy Imports in the solar sector, where Chinese origin equipment is said to account for anything between 78 percent to 85 percent of equipment used, are back in focus. Reports quoting sources say that the government has sought product-wise details of cheap imports, comparison with domestic prices and tax disadvantage, if any, from industry to curb […] Read more
India to add 15 GW of Wind-Solar Hybrid Power Over Next 5 Years: CRISIL Updated On Thu, Jun 11th, 2020 by Saurenergy In its new report, CRISIL takes a look at wind-solar hybrid (WSH) projects in India, which it estimates will reach 15 GW capacity over the next 5 years. In its new report, ratings and research agency CRISIL has looks the case of wind-solar hybrid (WSH) projects in India. A segment that it believes is fast […] Read more
As Adani Aims For Global Leadership, Questions At Home An Issue for India Updated On Wed, Jun 10th, 2020 by Saurenergy Talking to the media after announcing the formal go ahead for the world record win for Adani Green Energy Limited, group founder and Chairman Gautam Adani made some very interesting observations on the future of solar manufacturing equipment in India. According to him, the share of Chinese origin imports could be brought down to zero […] Read more
After Total SA, More Foreign Investors Seeking Adani Partnership: Gautam Adani Updated On Wed, Jun 10th, 2020 by Saurenergy After Total SA, more foreign investors have shown interest in partnering Adani group in its renewable energy business, chairman Gautam Adani has said After French energy major Total SA, more foreign investors have shown interest in partnering Adani group in its renewable energy business, chairman Gautam Adani said recently. In April, Total had invested around […] Read more
1400 GW of Offshore Wind Energy Predicted by 2050 by OREAC Updated On Tue, Jun 9th, 2020 by Saurenergy OREAC has a vision for 1400 GW of offshore wind capacity globally by 2050 to drive decarbonisation and a green economic recovery from the COVID-19 crisis. The Ocean Renewable Energy Action Coalition (OREAC), on the occasion of World Ocean Day on June 8, 2020, has announced its vision for 1400 GW of offshore wind capacity […] Read more
