Rajasthan Solar Energy Policy Updated On Wed, Apr 26th, 2017 by Saurenergy Rajasthan Solar Energy Policy Updates 2017 The new fixed tariff of Rs. 3.93 (~$0.06)/kWh as the generic tariff levelised for 25 years for solar PV projects excluding accelerated depreciation (AD) has been announced by the Rajasthan Electricity Regulatory Commission (RERC) in October 2017. The fixed AD component is fixed at Rs. 0.27 (~$0.004)/kWh making the […] Read more
Gujarat Solar Energy Policy Updated On Wed, Apr 26th, 2017 by Saurenergy Gujarat Solar Energy Policy Updates 2017 The 50 percent cap of the approved load or contracted demand by small residential rooftop owners has been removed by the government of Gujarat enabling the residential consumers to install rooftop solar systems of any capacity of their own. The order came in effect from April 13, 2017. The […] Read more
MP government to provide 18,500 solar water pumps to farmers in the state at subsidised rates Updated On Mon, Apr 24th, 2017 by Saurenergy “The rates of solar powered pumps already arrived at after the bidding are the lowest in the country. The performance of each pump can be monitored on a real-time basis from anywhere in the world” The Madhya Pradesh government would soon provide nearly 18,500 solar-powered water pumps to farmers in the state at subsidised rates. […] 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
Secondary Solar Market in India Updated On Tue, Apr 18th, 2017 by Saurenergy with the rise of the solar market, there has been a constant pressure on Indian developers to churn their capital. To minimize the pressure the developers are laying the foundation for the advent of the secondary market for solar assets by shopping their rapidly growing solar projects to prospective investors. The merger and acquisition (M&A) […] Read more
Mizoram becomes 27th State to join UDAY Updated On Mon, Apr 3rd, 2017 by Saurenergy Mizoram would derive an overall net benefit of approximately Rs.198 crores by opting to participate in UDAY The Government of India and the State of Mizoram signed a Memorandum of Understanding (MOU) under the scheme Ujwal DISCOM Assurance Yojana (UDAY) for operational improvement of the State’s Power Distribution Department. With the signing of MoU by Mizoram, the […] Read more
Solar capacity addition to reach up to 7.5 GW in FY18: ICRA Updated On Sat, Apr 1st, 2017 by Saurenergy Solar capacity addition is expected to increase from 3.5-4 GW in FY17 to at least 7-7.5 GW (in grid connected utility segment) in FY18. Given the number of projects awarded under the National Solar Mission (NSM) and the state policy route in the past 12-18 months, solar capacity addition is expected to increase up to […] Read more
Banks are planning to cut funding to Rajasthan’s power distribution companies missing UDAY targets: Report Updated On Sat, Apr 1st, 2017 by Saurenergy Rajasthan’s power distribution companies have not revised power tariffs as previously agreed which can affect the funding that they receive from banks under UDAY scheme Banks are reportedly planning to cut funding to Rajasthan’s power distribution companies (DISCOMS) which have missed financial targets set under the Ujjwal Discom Assurance Yojana (UDAY). Two bankers aware of […] Read more
Kerala, Arunachal Pradesh and Tripura join UDAY Updated On Thu, Mar 30th, 2017 by Saurenergy Further, the States of Arunachal Pradesh and Tripura also joined the scheme for operational improvement of the States’ Power Distribution Departments. With this the total count of States/UTs under UDAY reaches 26. State of Kerala and Kerala State Electricity Board Limited exchanged the Memorandum of Understanding (MOU) under the Scheme Ujwal DISCOM Assurance Yojana (UDAY) […] Read more