MNRE Focus On Residential Rooftop, As National Portal for Subsidy, Net Metering In the Making Updated On Wed, Feb 2nd, 2022 by Saurenergy The Ministry and New and Renewable Energy (MNRE) under Power Minister R.K. Singh finally seems to be paying heed to the crying need for attention from the rooftop solar sector. To give some speed to the reeling rooftop solar segment MNRE has issued a simplified procedure for residential consumers to get the rooftop solar plant […] Read more
A Solar PLI Scheme Disregarding MSME Sector Could Lead To Cartel Like Situation In Solar Too Updated On Wed, Feb 2nd, 2022 by Saurenergy The announcement of the PLI scheme expansion from Rs 4500 crore till now by a further Rs 19,500 crores was the most notable one for the solar sector in the Budget for 2022. While widely welcomed, the move does raise an existential question for the hundreds of SME and MSME firms involved in the module […] Read more
Budget 2022- As Wishlists Grow Longer, What Can Renewables Industry Expect Updated On Thu, Jan 20th, 2022 by Saurenergy The Union Budget for 2022, scheduled to be presented on Feb 1, 2022, is probably done and dusted for all practical purposes by now. Changes if any, would have been made, representations considered and dealt with, and the focus now on balancing the books. In that situation, we check out the key industry demands from […] Read more
Long-term Finance at Low Rates for Power, RE in Budget, expects ICRA Updated On Mon, Jan 17th, 2022 by Saurenergy Availability of adequate long-term financing at competitive rates is key in achieving India’s renewable goals, rating agency ICRA said as part of its pre-Budget expectations report. The Union Budget for FY23 will be tabled in the Parliament on February 1. The rating agency said that incentives and relevant policy measures are needed to promote investments […] Read more
FM Assures Manufacturer Associations Of BCD As Promised, From April 1, 2022 Updated On Fri, Jan 7th, 2022 by Saurenergy Finance minister Nirmala Sitharaman has assured delegation of domestic solar manufacturers that the Basic Customs Duty (BCD) that was announced on modules and cells almost 9 months back, will be implemented as scheduled, from April 1, 2022. This is basis a release shared by NIMMA, or the North India Module Manufacturers Association, which was among […] Read more
Maha Discom Seeks Bids for 500MW Solar Plants Under KUSUM Scheme Updated On Thu, Dec 30th, 2021 by Saurenergy The Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has released a Request for Selection (RfS), inviting bids for the procurement of cumulative 500MW (AC) solar power from decentralised solar projects under Component-C of PM KUSUM scheme to be developed in the state through RESCO mode. The pre-bid conference will be held online on January 6, […] Read more
SECI Signs off 2021 With 1785 MW Tender Award At Rs 2.17/unit Updated On Sat, Dec 25th, 2021 by Saurenergy In a late announcement yesterday, the Solar Energy Corporation of India announced the bid winners of its 1785 MW Solar tender (Tranche IV) for Rajasthan, whose bid deadline was May 21, with a final winning price of Rs 2.17 /unit. The final winners list has a mix of PSU, private and foreign forms in it, […] Read more
MNRE Gets Approval For Rs 454 Crore Spends To Support Renewables for the Next 5 Years Updated On Fri, Dec 10th, 2021 by Saurenergy The approvals, covering the period 2021-22 to 2025-26, have all been communicated this week. Covering the areas of supporting research and development (Rs 228 crores), Public Awareness (Rs 26 crores) and Human Resources Development ( Rs 200 crores), the idea is to provide the MNRE with funds to achieve key objectives. While readers will be […] Read more
At Intersolar India, Gujarat Demonstrates Why It Is India’s Solar Growth Engine Updated On Mon, Dec 6th, 2021 by Saurenergy At Intersolar India last week, the first doubt that was cleared very quickly was the choice of location. Gandhinagar, the capital of Gujarat, is known to most people more for its limited role as the seat of the state government, than any pretensions to be a thriving commercial or cultural hub. Barely 20 odd kilometres […] Read more