Government to Impose 5 Percent Tax Under GST on Cables and Batteries for Solar Power Updated On Mon, Jul 31st, 2017 by Saurenergy Due to the inverted duty structure, developers will first pay the higher tax and then claim a tax refund against the five per cent slab while filing the returns. The credit reversal will be possible only if the renewable energy project developer submits invoices to the government regarding procurement and tax paid. The government is […] Read more
Andhra Pradesh and Rajasthan Leaves Tamil Nadu Behind in Installed Solar Capacity Updated On Sat, Jul 29th, 2017 by Saurenergy Statistics show only 630 MW of solar power was installed in Tamil Nadu in 2016-17 against 919.24 MW in 2015-16. Unlike Andhra Pradesh, which acquires land for solar parks, Tamil Nadu leaves developers the land acquisition responsibility, which takes time. Ministry of new and renewable energy data, released in the Lok Sabha, shows that at […] Read more
World Bank Loan for Solar Projects Updated On Thu, Jul 27th, 2017 by Saurenergy World Bank financing of USD 100 Million for development of internal infrastructure of solar parks has been planned by Indian Renewable Energy Development Agency Ltd. (IREDA) under the aegis of Ministry of New & Renewable Energy. The World Bank loan is proposed to flow to the interested Solar Power Park Developers (SPPDs) through IREDA. This […] Read more
Buy Abroad Diktat Doesn’t Worry India’s Solar Sector Updated On Mon, Jul 24th, 2017 by Saurenergy India has to make suitable policy changes to protect its fledgling solar manufacturing sector from foreign competition. India has to make suitable policy changes by December this year to remove measures it had undertaken to protect its fledgling solar manufacturing sector from foreign competition, according to a recent notice issued by the Dispute Settlement Body […] Read more
Jakson Group to Set Up New Manufacturing Solar Power Plant in Guajart Updated On Mon, Jul 24th, 2017 by Saurenergy Jakson Group will invest Rs 700 Crore in a new production plant for solar power modules in Gujarat that will have a capacity of 1,000 MW of solar modules and 250 MW of solar cells in three years. At a time when most domestic solar manufacturers are struggling with idle capacity in the face of […] Read more
PPAs signed for first Wind Auction totalling 1050 MW Updated On Fri, Jul 21st, 2017 by Saurenergy Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Shri Piyush Goyal presided over the signing of Power Purchase Agreements (PPAs) for purchase of 1050 MW of wind power under Ministry of New and Renewable Energy (MNRE)’s first Wind Auction Scheme here today. The PPAs were signed between PTC India […] Read more
Goa Energy Development Agency Invites Public Suggestions on Draft Solar Power Policy Updated On Mon, Jul 17th, 2017 by Saurenergy Suggestions on Draft Solar Power Policy will be compiled by GEDA and submitted to the government, which will then consider incorporating them after taking into consideration the financial implications for each. The Goa Energy Development Agency (GEDA) has received around 10 suggestions on the draft solar policy during the 10 days to receive public comments. […] Read more
Tailoring Solar Power for Textile Industry Updated On Fri, Jul 14th, 2017 by Saurenergy The Indian Textile Industry has always been amenable in adapting newer and more efficient technologies. Electricity is most necessary input that mill needs today and it has always remained area of concern in this segment. Textile industry has been early adopter of renewable energy in India and has contributed largely in the growth of clean […] Read more
Government Buildings in Goa to Get Rooftop Solar Power Plants Updated On Thu, Jul 13th, 2017 by Saurenergy As of now, government buildings with rooftop solar power plants are GEDA, Raj Bhavan, PWD works division IV-Tonca, Mormugao Port Trust (MPT) and the National Institute of Technology. To promote solar energy, the state electricity department and Goa Energy Development Agency (GEDA) have conducted a study to set up rooftop solar power plants across the […] Read more
