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Ministry of Power

Subsidies Alone Won’t Scale up Reception of Solar Pumps: CEEW

Farmers who don’t have electric pumps ought to be focused with littler solar pumps as they would discover solar pumps appealing at even 30 percent subsidy. A subsidy drove approach alone may not accomplish the objective of one million solar pumps by 2021 and the legislature must target minor farmers, an autonomous examination by the […]

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RK Singh Announces $350 Million Fund to Finance Solar Projects

The Minister said that that ISA shall help mobilize sufficient funds for solar energy projects. “India has one of the fastest growing Renewable Energy programmes in the World and the country would achieve its target of 175 GW of installed Renewable Energy capacity well before 2020,” Singh said. RK Singh, Minister of State for Power […]

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70 percent Safeguards Duty on Solar to Put Rs 12,000 Crore Ventures in Danger

The Ministry of Finance, through its Standing Board of Safeguards, will take an ultimate choice on the burden of defending the duty either on the temporary or the last proposals of the Directorate General of Safeguards. Imposing 70 percent of safeguard duty on imported solar panels and modules from China and Malaysia, as suggested by […]

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J&K Govt Provides 91,000 Solar Lights to Households in Un-Electrified Villages

Minister for Social Welfare Sajjad Gani Lone said solar lights were provided under the Remote Village Electrification Programme. In a significant development, the Jammu and Kashmir government has distributed 91,000 solar home lights to the households in un-electrified villages in the state. Minister for Social Welfare Sajjad Gani Lone said the home lighting devices were […]

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Investing Renewables Infesting Fossils

Renewable Energy Sector as a Future Investment Model With increasing technological advancements, renewable energies are having a significant impact. Renewable energy is becoming increasingly viable, a trend that could potentially be a game-changer for investors, particularly large scale, global investors. The International Energy Agency projected that renewable energy will continue to grow by 42 percent […]

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How India can Achieve Its Ambitious Renewable Energy Goals

India is one of the countries in the world which is blessed with more than 300 days of sunshine in a year and is aggressive towards becoming a solar superpower. The country is currently in process to meet its renewable energy goals. In 2010, the country launched National Solar Mission and made an ambitious target […]

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Annulled: NTPC Forced to Cancel 250 Megawatt October 2017 Solar Auction

Anand Kumar who is the Secretary in Ministry of new and renewable energy confirmed that the solar auction had been annulled. Solar auction has been annulled forcefully. NTPC has been forced to cancel the result of its 250 mw solar auction held in October last year, which was won by Azure Power quoting a tariff […]

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Solar Modules Stranded at Indian Ports Because of Import Duty Altercation

Solar modules worth more than $150 million are stuck at different Indian ports because of a disagreement about their grouping and the import charge connected to them. Solar modules worth more than $150 million are stuck at different Indian ports because of a disagreement about their grouping and the import charge connected to them, sources […]

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India may Consider Duty of 7.5 per cent On Imported Solar Panels

The proposed alter could jeopardize Prime Minister Narendra Modi’s driven objective of introducing 100 gigawatts of sun oriented vitality by 2022. India, the biggest buyer of solar gear from neighboring China, is considering a 7.5 percent assessed on the imported solar panels, agreeing to government authorities with information of the situation. Such imports aren’t burdened presently, but might be renamed as engines, which are subject to the tax, the authorities said, inquiring not to […]

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