Budget 2018: Solar Industry Demands Clarity, Relief in Safeguard Duty Updated On Mon, Jan 29th, 2018 by Saurenergy According to industry experts, the imposition will not only increase the tariff by almost Re 1 but it will put the projects under execution in deep trouble resulting in making them unviable, turning them into non-performing assets. With the proposed imposition of 70 percent safeguard duty on import of solar power equipment and concerned about […] Read more
Amid the Berserk of Safegaurd Duty, What Industry Expects Pre-Budget? Updated On Mon, Jan 22nd, 2018 by Saurenergy The few concerned areas for the Indian Solar industry jotted in a single piece with the existing and the recommended solutions as per Vikram Solar which is India’s one of the biggest Solar Module Manufacturer. Amidst the whole ruckus of the anti-dumping and safeguard scenario, the annual budget is very soon to be announced as […] Read more
Budget 2018: Why Renewable Sector Needs Innovative Financing Updated On Fri, Jan 19th, 2018 by Saurenergy While most of the issues could be addressed with non-budgetary action, it would be sane for the budget 2018 to respond to these issues and to facilitate the smooth process of clean energy targets. The 2018 budget to be presented on 1 February will be the last full-year budget of this government. This budget comes […] Read more
UNION BUDGET 2017: Shock and Awe for Indian Solar Industry Updated On Fri, Apr 21st, 2017 by Saurenergy In an assertive throw to fuel the solar sector, the budget covertly focused towards helping the rural sector, agricultural sector and re-energising the real estate sector. It was a known fact that Digital payments and Demonetisation will take the center-stage. The clean energy pledges also vowed new propagations as the Government of India rifles solar […] Read more
The Budget Has Provided Renewed Thrust on Renewables: Piyush Goyal Updated On Sat, Feb 4th, 2017 by Saurenergy In the New & Renewable Energy Sector, Piyush Goyal informed that the Budget has affirmed target for Solar Power of additional 20,000 MW capacity during next year Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal while addressing the media, said that the allocations have been increased for […] Read more
Budget 2017 Brings Lower Indirect Levies for Renewable Energy Equipment Updated On Thu, Feb 2nd, 2017 by Saurenergy FM proposes lower excise and customs duties on renewable energy equipment and materials used in solar cells/panels/modules Giving a boost to clean energy programme, Finance Minister Arun Jaitley has proposed massive cuts in excise and customs duties on materials used in solar and wind plants, and also announced the second phase of solar park development […] Read more
Budget 2017-18 proposes Reduction in Customs and Excise for Renewable Energy Sector Updated On Wed, Feb 1st, 2017 by Saurenergy In a bid to incentivize domestic value addition under Make in India initiative of the Government, the Finance Minister has proposed to reduce Customs and Excise duties on several items related to the Renewable Energy Sector The Union Minister for Finance and Corporate Affairs, Arun Jaitley while presenting the General Budget 2017-18 in Parliament today […] 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
MNRE scaling up budget for Grid connect rooftop and small solar power plant from Rs. 600 cr to Rs.5000 Cr Updated On Sat, Oct 29th, 2016 by Saurenergy MNRE is scaling up of budget for Grid Connected Rooftop and Small Solar Power Plants Programme from Rs. 600 crore during the 12th Five Year Plan to Rs.5000 crore for implementation over a period of five years upto 2019-20 under National Solar Mission (NSM) – 2nd amendment. All the organizations / institutions including those registered […] Read more
