Adani Green Energy Acquires AGEPtel to Foray Global Investments Updated On Wed, Aug 22nd, 2018 by Saurenergy AGEPteL has authorised and paid-up share capital of USD2,000 with no turnover as on March 31, 2018. Adani Group’s solar power generation and manufacturing arm, Adani Green Energy has acquired 100 percent stake in Adani Green Energy Pte (AGEPtel) from its group firm Adani Global Pte (AGPte) as per the BSE filing. Launched in March […] Read more
SEZ Solar Units seek Clarity on Safeguard Duty on Imports Updated On Thu, Aug 9th, 2018 by Saurenergy SEZ solar units require certain products for the manufacture of solar cells. These products are largely imported from the China. After the Finance Ministry notified 25 percent safeguard duty on imports from China and Malaysia, not one but many private agencies have sought clarity on the imposition. Among them, solar manufacturing units set up in […] Read more
Sale of ‘Reliance Energy’ to Adani Transmission Next Week: RInfra Updated On Mon, Jul 30th, 2018 by Saurenergy The Definitive Binding Agreement for the Rs. 18,800 crore ‘Reliance Energy’ deal between RInfra and ADL was signed in December 2017. India’s leading infrastructure player, Reliance Infrastructure (RInfra) declares completion of sale of its Mumbai based power distribution firm ‘Reliance Energy’ to Adani Transmission (ADL) by next week. The Definitive Binding Agreement for the […] Read more
One Rupee Increase in Tariffs in Latest Solar Auction Updated On Thu, Jul 12th, 2018 by Saurenergy The latest solar auction for 1000 MW held by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) saw the winning tariffs at Rs 3.48-3.55 per unit. From the record low of Rs 2.44 per unit, the solar power tariffs have risen by more than one rupee in the latest auction. Those from the industry say […] Read more
India’s Utility Solar Capacity Grows 72% in 2017-18, says Bridge To India Report Updated On Thu, Jun 21st, 2018 by Saurenergy The total solar installation was 10.4 GW, the rest comprising rooftop solar plants and off-grid solutions, taking India’s cumulative solar capacity to 24.4 GW, it said. Solar consultancy firm Bridge To India in its latest annual report on the sector said that India’s utility solar capacity grew by a whopping 72 percent in FY18 as […] Read more
Andhra Government to Solarise Agricultural Connections Updated On Tue, Jun 12th, 2018 by Saurenergy The numbers of agriculture connections across the state are 17.20 lakh and the state government has agreed recently to allot Rs 6,030.17 crore this year as a subsidy for them. In the state of Andhra Pradesh, the state government is planning to solorise agriculture connections coming up in the state by using a new scheme […] Read more
India Won’t Impose Safeguard Duty on Imported Solar Equipment Updated On Thu, May 31st, 2018 by Saurenergy The decision had different effects on solar players in the country. On the one hand it had delighted manufacturers while as on the other hand it alarmed developers about the steep rise in input costs. Overruling the directorate general of safeguards’ recommendation of 70% levy on imported solar equipment, the government has reversed the decision […] Read more
JinkoSolar Leads Technology Dialogue in India, Hosts PV Tech Seminar Updated On Mon, Feb 5th, 2018 by Saurenergy The event opened on a high note with a warm welcome address by JinkoSolar South Asia Managing Director, Donald Leo. JinkoSolar, a global leader in the photovoltaic industry (PV), held a PV Tech seminar at The Leela Ambience in Gurugram on 24th January. The seminar aimed to raise discussions on upcoming module technologies and solar […] Read more
Brijesh Pathak: UP To Set Up 10,700MW Solar Plants in Five Years Updated On Mon, Jan 29th, 2018 by Saurenergy The Uttar Pradesh Solar Power Policy 2017 targets usage of 10,700 MW of framework associated solar power extends before the finish of 2022. The Uttar Pradesh government will set up around 6,000 solar power plants to meet its spotless energy focus of 10,700 MW in the following five years, Additional Energy Sources Minister Brijesh Pathak […] Read more
