PLI Scheme for Solar Manufacturing Finally Gets Cabinet Approval Updated On Wed, Apr 7th, 2021 by Saurenergy Yet another piece in India’s solar manufacturing ambitions fell into place today with the union cabinet, chaired by Prime Minister Narendra Modi, approving the Ministry of New & Renewable Energy’s proposal for the implementation of the Production Linked Incentive (PLI) Scheme ‘National Programme on High-Efficiency Solar PV (Photo Voltic) Modules’ for achieving manufacturing capacity of […] Read more
Tata Power Solar Doubles PV Manufacturing Capacity to 1.1 GW Updated On Wed, Apr 7th, 2021 by Saurenergy Tata Power Solar has announced an expansion of its manufacturing facility in Bengaluru, taking the total production capacity of cells and modules to 1.1 GW Tata Power Solar Systems Limited, one of India’s largest integrated solar companies and a wholly-owned subsidiary of Tata Power, has announced a significant expansion of its state-of-the-art manufacturing facility in […] Read more
State NBFCs – PFC & REC Reduce Lending Rates by up to 2 Percentage Points Updated On Thu, Apr 1st, 2021 by Saurenergy State-owned non-banking financial corporations Power Finance Corporation (PFC) and REC will reduce lending rates by up to two percentage points from April 1, 2021. “PFC and REC as group companies have been aligning operations to realise synergies. As part of such effort, PFC and REC have now decided together to reduce lending rates up to two percentage points,” PFC said in a statement. […] Read more
The BCD Calculus: Will It Deliver The Right Outcomes? Updated On Thu, Mar 25th, 2021 by Saurenergy As expected, once it did arrive, India’s Basic Customs Duty (BCD) plan for solar cells and equipment has managed to create just the sort of furore that the government claims it seeks to avoid. After all, for once, this was a decision that was long in coming, with intent having been announced last year itself, […] Read more
Loans Worth Rs 1.35 Lakh Cr Sanctioned, Rs 46,321 Cr Released to Discoms: RK Singh Updated On Wed, Mar 24th, 2021 by Saurenergy RK Singh has said that so far, loans worth Rs 1.35 lakh cr have been sanctioned and Rs 46,321 cr has been released to Discoms Union Minister for Power and New & Renewable Energy RK Singh has said that so far, loans of Rs 1.35,497 crore (Rs 1.35 lakh crore) have been sanctioned and that […] Read more
BHEL Secures 1st Overseas Contract for Grid-Tied Solar Plant in Mauritius Updated On Tue, Mar 23rd, 2021 by Saurenergy BHEL has secured its maiden overseas turnkey contract for a grid-tied 8 MW solar power plant to be developed in Mauritius on an EPC basis. Bharat Heavy Electricals Limited (BHEL) has announced that it has achieved another milestone in international business by securing its maiden overseas turnkey contract for a grid-connected 8 MW ac solar […] Read more
BHEL Exploring Opportunities in Manufacturing in Solar PV Value Chain Updated On Sat, Mar 20th, 2021 by Saurenergy BHEL has invited bids from reputed consultancy firms to prepare a Detailed Project Report (DPR) for manufacturing in the solar PV value chain India’s largest engineering and manufacturing enterprise in the energy and infrastructure sector, Bharat Heavy Electricals Limited (BHEL) has invited bids to appoint a consulting firm with a proven track record and requisite […] Read more
IIT Brings Prototype to Use Hydrogen Fuel With Ease and Safety Updated On Wed, Mar 17th, 2021 by Saurenergy IIT (BHU) professor Dr. Rajesh Kumar Upadhyay has come up with a membrane reformer prototype for producing ultra-pure hydrogen from methanol. IIT (BHU) professor Dr. Rajesh Kumar Upadhyay, department of chemical engineering and technology, and his team have come up with a membrane reformer prototype that can produce ultra-pure hydrogen from methanol. The team informed […] Read more
40% on Modules & 25% on Cells, MNRE to Impose BCD From April 1, 2022 Updated On Thu, Mar 11th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has finally finalised the new Basic Customs Duty (BCD) on solar PV cells and modules. As per an office memorandum, the Ministry is going to impose a 25 percent BCD on solar PV cells and 40 percent duty on solar modules without grandfathering of bid-out projects. However, […] Read more
