Budget 2018-19: Renewable Energy Industry Largely ‘Unhappy’ Updated On Fri, Feb 2nd, 2018 by Saurenergy Overall, the Union Budget 2018 is average but still, the government can focus to solve problems faced by industry players in the current year so that India can fulfill its green energy ambitious goals on time. Finance Minister Arun Jaitley rolled out its much-anticipated Union Budget 2018-19 in parliament on 1 February 2018. With national polls […] Read more
Vikram Solar Slams Arun Jaitley’s Budget 2018 for Solar Sector Updated On Fri, Feb 2nd, 2018 by Saurenergy The budget 2018 is not very encouraging for the renewable and solar energy sector. The government has missed out on a major opportunity to take a lead towards combating climate change. The government has proposed to take out the import obligation on parts that make up sun powered boards. In his last full budget 2018 […] Read more
Budget 2018 is Favorable for Power Sector & Saubhagya will Boost Demand Updated On Fri, Feb 2nd, 2018 by Saurenergy The vulnerability over the inconvenience of duty – import duty, shield obligation and hostile to dumping duty – including courses of events and their quantum proceeds for the solar energy sector. The Union Budget for 2018-19 is probably going to have a generally positive effect on the power aspect with the push towards extending power […] Read more
Budget 2018: Smart Cities Mission Gets Hike of 50 Percent Updated On Fri, Feb 2nd, 2018 by Saurenergy 99 smart cities have been selected with an outlay of Rs 2.04 lakh crore. These cities have started implementing the smart cities mission and about Rs 2,350 crore worth of projects have already been completed. Finance Minister Arun Jaitley in the Budget 2018 has proposed an over 50 percent increase in the allocation for smart cities […] Read more
Budget 2018: Reactions From the Solar Industry Updated On Thu, Feb 1st, 2018 by Saurenergy Jaitley in his budget 2018 speech proposed that the duty on solar tempered glass or solar tempered [anti-reflective coated] glass for the manufacture of solar cells, panels, modules be reduced from 5 percent to zero. The Budget 2018 presented by Finance Minister Arun Jaitley has proposed to eliminate the import duty on components that […] Read more
Domestic Manufacturers Hoping of a Favorable Budget 2018 Updated On Thu, Feb 1st, 2018 by Saurenergy Currently, importing machinery and manufacturing equipment incur a heavy duty, compared to the duty-free import of finished products like Solar PV modules. As the administration keeps on the significance of the expanded appropriation of the sustainable power source, the power area seeks after a truly necessary push to domestic equipment manufacturers in the current year’s Union Budget. […] Read more
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
