Solar Power Tariffs to witness Legitimate Fall – Study Updated On Fri, Feb 19th, 2016 by Saurenergy Despite aggressive bidding, debt viability of projects with low execution and counterparty risks — especially those under the Jawaharlal Nehru National Solar Mission scheme and Solar Park scheme, is likely to remain intact,” said a recent report of India Ratings and Research, or Ind-Ra. Solar power tariffs—which hit a low of Rs 4.34 per unit […] Read more
Haryana Bags 500 MW Solar Power Park Project Updated On Fri, Feb 19th, 2016 by Saurenergy The solar row is taking momentum at an unprecedented level, as another state in India has accredited construction of an ultra-mega solar power project, boosting the Indian Government’s plan to set up 20 GW of large-scale solar power parks. The northern part of Haryana has got approval to build a 500 MW solar power project. The […] Read more
India to cap over 20GW Solar Capacity by 2017 Updated On Wed, Feb 17th, 2016 by Saurenergy Presently, the solar power generation capacity of India has easily surpassed the estimated 5000MW and is likely to hit 9,000MW mark by the end of March. Tendering for solar project totalling a capacity of 15,177 MW has already been completed and a total capacity addition of 12,161 MW is expected during the financial year 2016-17, […] Read more
The Power Industry can attract One Trillion Dollar Investment by 2030: Shri Piyush Goyal Updated On Tue, Feb 16th, 2016 by Saurenergy During the term of five year, the power industry is reckoned to attract an investment figured to $250 billion. Government’s task of rural electrification mission emphasizing no village without electricity access and coal swapping plus fresh policies for the electricity sector would aid in attracting this investment, said Union power and coal minister Piyush Goyal […] Read more
Solar Industry eyes tax exemptions and financial aid from the coming Budget Updated On Mon, Feb 15th, 2016 by Saurenergy This budget is getting indispensible with government’s relief words for the manufacturers and associates. The dart of economic revival and business friendly country is on the suitcases of the coming budget. The ambitious solar power industry has urged the government for tax incentives and financial aid to make ‘solar’ an attractive and viable option. “The […] Read more
MOIL Team approves Solar Investment of Rs 61.83 crore Updated On Sat, Feb 13th, 2016 by Saurenergy State-run MOIL announces that its board team has accredited investment proposal for setting up 10.50 MW solar power project for captive use in the lease hold areas of company’s mines situated in Madhya Pradesh and Maharashtra, with a total estimated cost of Rs 61.83 crore. “The Board of Directors of the company at its meeting […] Read more
Maharashtra Impulse on Solar Investment – aims Rs 50,000 crore Updated On Fri, Feb 12th, 2016 by Saurenergy Well-suited solar conditioned states are collaring to use solar energy, now Maharashtra has opened investments worth Rs 50,000 crore to boost its solar energy project. The state government, with the Centre and private sectors, is set to bring modifications to reduce solar power cost to make it farmer-friendly in rural Maharashtra. “The state government is […] Read more
Solar to operate the complete Vizag Port from March Updated On Thu, Feb 11th, 2016 by Saurenergy After all the fizz, chairman M T Krishna Babu clarifies that the Vizag port of Andhra Pradesh will run its entire operations on solar power from next month. Visakhapatnam Port Trust has already commissioned 2 MW solar capacity and will add another 8 MW by March 20, he said at a roadshow here ahead of […] Read more
Australian Expertise in Rooftop Solar can aid India’s Renewable needs – Piyush Goyal Updated On Thu, Feb 11th, 2016 by Saurenergy Recently, at the roundtable of ‘Renewable Energy Challenge for Grid Integration’, Power Minister Piyush Goyal pronounced “Australia’s rooftop solar expertise has to be looked into to transfer technology at affordable rates expanding renewable energy in India.” The minister said, “India can use Australian expertise in rooftop solar as almost a third of Australian homes in […] Read more
