Power Trading in Power Exchanges Exempted From new TDS and TCS Updated On Mon, Oct 5th, 2020 by Saurenergy The Central Board of Direct Taxes of India (CBDT) has exempted power trading transactions through online exchanges like Power Exchange India Ltd (PXIL) from the newly imposed section 194 (O) – TDS on E-Commerce Transactions & section 206C (1H) – TCS on Sale of Goods on an E-Commerce platform, of Income-tax Act, 1961. The Finance […] Read more
EDEN Renewables India Adds 1.35 GW of new Solar Plants to its Portfolio Updated On Thu, Oct 1st, 2020 by Saurenergy EDEN Renewables India, the equally owned JV of Total and EDF RE has been awarded three solar projects for a total of 1.35 GW in Rajasthan, India. EDF Renewables and Total Eren, two world leaders in renewable energy, have announced that EDEN Renewables India, their equally owned joint venture dedicated to the Indian solar PV […] Read more
India’s RE Push Based on Energy Security and Climate Change: Suresh Prabhu Updated On Thu, Oct 1st, 2020 by Saurenergy India’s focus on renewables will not only ensure energy security but also address environmental concerns, former union minister Suresh Prabhu has said India’s focus on renewable segments like solar, wind and hydropower will not only ensure energy security but also address environmental concerns, former union minister Suresh Prabhu said on Wednesday. “The energy and environment are the two sides of the […] Read more
MNRE Issues Amendments for its Dispute Resolution Mechanism Updated On Mon, Sep 28th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued amendments to the guideline for the operation of its Dispute Resolution Mechanism to consider the unforeseen disputes between solar and wind power developers and SECl/ NTPC/ NHPC, beyond their contractual agreements. A few key amendments made by the ministry: 1. The DRC will consider all […] Read more
ISA Is Looking to Hire For Key Roles, with Joining ” As Soon As Possible” Updated On Fri, Sep 25th, 2020 by Saurenergy The International Solar Alliance (ISA), which organised the First Word Solar Technology Summit early in September, seems to be moving on some big plans finally. The alliance website has listed some interesting job openings with an October deadline to apply. These include a Director level role for Human Resources and Coordination, besides a Director-Technology and […] Read more
International Solar Alliance Establishes ISA Solar Awards 2020 Updated On Thu, Sep 24th, 2020 by Saurenergy The International Solar Alliance (ISA) has successfully institutionalised ISA Solar Awards with its partners to recognise distinguished entities, both individuals (scientists, engineers and technologists) and agencies from ISA member countries for their outstanding contribution in providing affordable, reliable and scalable solar energy solutions. The ISA Solar Awards will promote ISA’s agenda of addressing the energy […] Read more
Centre Working on Hydrogen Energy Development Targets: MNRE Secretary Updated On Tue, Sep 22nd, 2020 by Saurenergy The government is in the process of setting up targets for hydrogen energy development in the country, Indu Shekhar Chaturvedi, secretary, MNRE has said. The government is in the process of setting up targets for hydrogen energy development in the country. And a committee of officials has been formed to set those specific targets to develop […] Read more
Iberdrola Targeting Japan, Acquires 3.3 GW Offshore Wind Pipeline Updated On Sat, Sep 19th, 2020 by Saurenergy Iberdrola is targeting the Japanese market as a new platform for growth in renewable energy, specifically in the field of offshore wind. Spanish major Iberdrola is targeting the Japanese market as a new platform for growth in renewable energy, specifically in the field of offshore wind. The company has reached an agreement with Macquarie’s Green […] Read more
“Draconian” Rule in Proposed Changes For Consumers To Hit Solar Sector: EPC Firms Updated On Fri, Sep 18th, 2020 by Saurenergy The Ministry of Power has recently issued the draft rules providing for the ‘Rights of Electricity Consumers’ for the very first time. However, one provision included in the draft rules has managed to roil up smaller solar EPC companies at a key proposal within the rules. The power ministry stated that “having provided access to […] Read more
