MNRE Grants Blanket 5-Month Extension for RE Projects due to COVID-19 Updated On Fri, Aug 14th, 2020 by Saurenergy MNRE has granted a 5-month time extension from March 25, 2020, to August 24, 2020, to all RE projects under implementation due to COVID-19 The Ministry of New and Renewable Energy (MNRE) has informed that in supersession to its previous orders, it has been decided that all renewable energy (RE) projects under implementation as on […] Read more
CERC Issues Draft Amendments for ISTS Connectivity of RE Projects Updated On Mon, Aug 10th, 2020 by Saurenergy CERC has issued the draft amendments for its regulations and procedure for granting of connectivity to projects based on RE sources to the ISTS. The Central Electricity Regulatory Commission (CERC) has issued the draft amendments for its regulations and procedure for granting of connectivity to projects based on renewable energy (RE) sources to inter-State transmission […] Read more
3 Firms Pitch for Equalisation Levy on Solar Equipment Supplies From SEZs Updated On Mon, Aug 10th, 2020 by Saurenergy A group of three domestic solar energy firms has pitched for an equalisation levy on solar equipment supplies from SEZs for domestic use A group of three domestic solar energy firms has pitched for an equalisation levy on solar equipment supplies from special economic zones (SEZs) for domestic use, so as to bring them at […] Read more
4 Winners in NTPC’s 1.2 GW Solar Tender, Winning Bid at Rs 2.43/kWh Updated On Fri, Aug 7th, 2020 by Saurenergy NTPC Ltd has concluded the e-reverse auction for its 1.2 GW solar tender awarding capacity to 4 winners in O2 Power, Tata Power, Azure Power, and AMP Energy NTPC Ltd has concluded the e-reverse auction for its tender for the selection of solar power developers for setting up 1.2 GW ISTS-Connected solar PV power projects […] Read more
COVID-19 Lowers Solar Equipment Imports by 83 Percent Updated On Wed, Aug 5th, 2020 by Saurenergy The COVID-19 pandemic has left a big mark on the Indian solar sectors’ imports from China, with imports during the first quarter down by over 83 percent. The COVID-19 pandemic has left a big mark on the Indian solar sectors’ imports from China, with data from the Ministry of Commerce suggesting that the Indian imports […] Read more
There’s a dire need of stability in policies, commitment and political will: Sushil Bansal Updated On Fri, Jul 31st, 2020 by Saurenergy With the date for imposition of a fresh Basic Customs Duty on cell and module import drawing nearer, manufacturers in India are look to the future with guarded optimism. We spoke to Sushil Bansal, the Founder and Managing Director at Novasys Greenergy, an established firm with a 100MW capacity. Sushil has been responsible for the […] Read more
EDF Secures PPA for 200 MW Solar Plus 180 MW Storage Projects Updated On Thu, Jul 30th, 2020 by Saurenergy EDF has completed the signing of a 22-year PPA with NV Energy for a 200 MWac solar plus 180 MW, four-hour battery storage system in Nevada. EDF Renewables North America has announced that it has completed the signing of a 22-year Power Purchase Agreement (PPA) with NV Energy for a 200 megawatt (MWac) solar PV project coupled with a […] Read more
Government Keen on Removing Duty Concessions for Wind Turbine Parts Updated On Thu, Jul 30th, 2020 by Saurenergy The government is looking to withdraw the customs duty concessions that are offered to wind power developers for importing wind turbine parts Hot on the heels of the announcement that the safeguard duty (SGD) on Chinese origin solar equipment will be extended for another year, reports have surfaced that the government is now looking to […] Read more
ICRA Predicts 120-125 GW RE Capacity in India by December 2022 Updated On Thu, Jul 30th, 2020 by Saurenergy ICRA believes that the overall medium to long term outlook for the RE sector remains strong – supported by competitive tariffs, policies and schemes According to ICRA, capacity addition in the renewable energy (RE) sector is expected to remain subdued at about 8 GW in FY2021 given the continued execution challenges amid COVID-19, because of […] Read more
