Sterlite Power Bags $600 Mn Transmission Project in Brazil Updated On Mon, Dec 24th, 2018 by Saurenergy The project will require an investment of USD 0.6 billion over the period of next 3-5 years in the state of Rio Grande do Sul, south region of the country. In the recently concluded auction for the transmission projects in Brazil, Sterlite Power has emerged as the winner for the prestigious project. The project will […] Read more
GST on Renewable Products Slashed to 5% Updated On Mon, Dec 24th, 2018 by Saurenergy Prior to this clarification, solar power developers were paying tax at the rate of 18% which had become a sticking point in the industry. Solar Industry is in a state of relief after the GST council clarified that the devices and parts related to renewable energy will be taxed a 5% while the services related […] Read more
Wind Power Developers up in Arms with TNERC Over Tariff Updated On Mon, Dec 24th, 2018 by Saurenergy Following that, TNERC approved a wind power auction of 1500 MW, in 3 trenches of 500 MW each, proposed by the Tamil Nadu Generation and Distribution Co. Developers of wind energy in Tamil Nadu are locking horns with the Tamil Nadu Electricity Regulatory Authority (TNERC) over the ceiling tariff approved by the authority which even […] Read more
SDMC and SECI Sign MoU for 27.5 MW Solar Plants Updated On Sat, Dec 22nd, 2018 by Saurenergy The agreement has been signed keeping in mind the government of India’s commitment towards green energy and SDMC’s solar initiative. South Delhi municipal Corporation and the Solar Energy Corporation of India have inked a pact to develop two solar plants with a total capacity of generating 27.5 MW of electricity. SDMC officials said that work […] Read more
Vikram Solar Commissions 100 KW Rooftop Project in Ambala Updated On Fri, Dec 21st, 2018 by Saurenergy The system will produce approximate 1.5 Lakh units of electricity annually and reduce carbon emissions by nearly 123 metric tonnes in a year. Vikram Solar, one of India’s leading module manufacturer and a prominent rooftop solar & EPC solutions provider, successfully installed a 100 KW grid tied Rooftop Solar PV system for Parijat Industries Private […] Read more
Centre Provided Rs 383 Cr to Madhya Pradesh Govt for Solar Projects Updated On Fri, Dec 21st, 2018 by Saurenergy Rs 70.03 crore were for the development of solar parks and ultra mega solar power projects and Rs 35 crore for solar rooftop schemes among others. The BJP-led central government assisted the Madhya Pradesh government with a funding Rs 382.91 crore over the financial year 2016-17 and 2017-18 for implementing projects and schemes in the […] Read more
Industry Bullish on Renewable Sector but Issues Linger Updated On Fri, Dec 21st, 2018 by Saurenergy High tariff and the expensive infrastructure mire the sheen of the sector, issues which the industry wants to be resolved in the forthcoming year. The recently held COP24 renewed the focus of world government’s on the increasing need of solar energy and India government and the industry also agrees with the fact. However, high tariff […] Read more
JAKEDA Issues Tender for 5 MW Solar Project in J&K Updated On Fri, Dec 21st, 2018 by Saurenergy The last date for the submission of bids is January 14, 2019 and the time allotted to finish the project is 1 year from the date of issuance of the award. Jammu & Kashmir Energy Development Agency (JAKEDA) has invited bids for supply, installation and commissioning of grid interactive rooftop solar PV power plants of […] Read more
Government Approves Second Phase of Atal Jyoti Yojana Updated On Fri, Dec 21st, 2018 by Saurenergy Phase-II of Atal Jyoti Yojana will cover installation of 3,04,500 solar street lights (SSL) of 12 W capacity as per the MNRE specification. The president has today given its assent to launch the Phase-II of the ‘Atal Jyoti Yojana’ (AJAY) to be implemented in the year 2018-2019 and 2019-2020. Sanction has also been accorded for […] Read more
