In a vivid viz-a-viz with Guru Inder Mohan Singh, Director & COO, Amplus Solar Updated On Fri, Feb 17th, 2017 by Saurenergy “the industry reactions have varied from congratulatory messages to critiques analyzing the basis and impact of the INR 3 per unit tariff. We find these motivating and helpful in understanding the market“. Q. Recent bid of Rs 3 per unit to three states,has not gone down well with the industry. Please tell us how you […] Read more
GST to increase solar tariffs, boost domestic manufacturing and jobs: CEEW Updated On Wed, Feb 15th, 2017 by Saurenergy Key contributors to the increase in solar tariffs, as a result of GST, would include increase in operations and maintenance cost, panel costs, and financing costs. According to a study released by the Council on Energy, Environment and Water (CEEW),India’s emerging solar sector could see tariffs rise by nearly 10% if current tax exemptions were […] Read more
Madhya Pradesh Shows Solar Power Is Here To Stay And Make Significant Contributions To The Country’s Energy Mix Updated On Wed, Feb 15th, 2017 by Saurenergy Assuring developers of risk mitigation in terms of electricity offtake, by Rewa Ultra Mega Power Limited (a joint venture of Solar Energy Corporation of India Limited and Madhya Pradesh Urja Vikas Nigam Limited), also contributed to the drop. The solar revolution in India marches on, with renewed momentum, if the recently concluded reverse bidding auction […] Read more
Solar Power Rate Touches Record Low Updated On Fri, Feb 10th, 2017 by Saurenergy Auction for world’s biggest solar power park in Rewa saw per unit tariff coming down to as low as Rs 2.99 per unit. Solar power rate touched a record low in Madhya Pradesh with per unit tariff coming down to as low as Rs 2.99 per unit. Auction for world’s biggest solar power park in […] Read more
Rewa Ultra Mega Solar Power Project Receives sub Rs 4 per Unit Bids Updated On Thu, Feb 9th, 2017 by Saurenergy Rewa Ultra Mega Solar Power Project bidding process starts, receives the lowest bid of Rs 3.59 per unit Madhya Pradesh government’s Rewa ultra mega solar power park has received the lowest bid of Rs 3.59 per unit. The tariffs are set to reduce further as the reverse e-auction for the 750 MW solar power project […] Read more
Maharashtra to Take Joint Venture Route for Solar Energy Push Updated On Mon, Feb 6th, 2017 by Saurenergy Maharashtra State Power Generation Company Limited to Adopt Joint Venture Route for Installation of 2500MW Solar Energy in 3 years. Maharashtra State Power Generation Company Limited (MahaGenco) is looking at public-private partnership (PPP) and joint venture routes to undertake works for adding 2500MW grid-connected solar energy capacity in three years. The state power generation utility […] Read more
Solar Power To Feed 7,000 Railway Stations: Arun Jaitely Updated On Wed, Feb 1st, 2017 by Saurenergy “It is proposed to feed about 7,000 stations with solar power in the medium term. A beginning has already been made in 300 stations. Works will be taken up for 2,000 railway stations as part of 1000 MW solar mission” Finance Minister, Arun Jaitely presenting Union Budget 2017 announced that 7000 railways stations in the […] Read more
Super China to Edify World’s Biggest Solar Power Plant Updated On Tue, Jan 31st, 2017 by Saurenergy The solar power project is estimated to span an area of 27 square kilometers of solar panels and has a total cost of 6 billion yuan. The plantation will produce 850MW of power and enough to supply up to 200,000 households. To the right of the plantation, a billboard will be erected bearing the slogan: […] Read more
Solar players expect tax incentives in budget, uncertainty over GST remains Updated On Tue, Jan 31st, 2017 by Saurenergy According to Solar players’ continuation of appreciated depreciation, a financial incentive, along with concessional interest rates and use of Rs 54,000 crore National Clean Energy Fund could be crucial to achieve country’s ambitious target. Amid uncertainties over the impact of Goods and Services Tax (GST) and Make in India programme being affected by falling prices […] Read more
