The same duties on imports of cells & modules are not going to serve the purpose: Prasoon Chaudhary Updated On Mon, Aug 3rd, 2020 by Saurenergy In a chat with Prasoon Chaudhary, Business Unit Head, Photovoltaic Solar Manufacturing at Pennar Industries Limited, we got his perspective on the many challenges the module side of the business faces today. After their success in the mounting structures business, the engineering goods firm is looking ahead to replicating the same level of success in […] Read more
APTEL Defers REC Trading by Four Weeks Updated On Mon, Aug 3rd, 2020 by Saurenergy No REC trading sessions held in July The Appellate Tribunal for Electricity (APTEL) has deferred the renewable energy certificate (REC) trading by a time period of four weeks. July 2020, REC trading session on both the Indian power exchanges, the PXIL and IEX, has been postponed by four weeks due to an APTEL order on […] 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
RBI Governor Hints at Power Sector Reforms Updated On Thu, Jul 30th, 2020 by Saurenergy For the next wave of growth of renewables, fast-paced changes need to be implemented Recently, the Governor of Reserve Bank of India (RBI), Shri Shaktikanta Das, addressed members of the National Council of the Confederation of Indian Industry (CII), regarding whether dynamic shifts are underway in the Indian economy. Stating that the country’s power sector […] 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
Azure Power Awarded Most Sustainable Company in Solar Industry Updated On Wed, Jul 29th, 2020 by Saurenergy Azure Power has been awarded the Most Sustainable Company in the Solar Energy Industry by World Finance Magazine. Azure Power, a leading solar power producer in India, has been awarded the Most Sustainable Company in the Solar Energy Industry by World Finance Magazine. The Independent Power Producer (IPP) received the award for its effective environmental, […] Read more
HPERC Takes Cue from CERC, Proposes Changes to Renewable Project Conditions Updated On Tue, Jul 28th, 2020 by Saurenergy HPERC has Drawn Inspiration from CERC’s Renewable Energy Tariff Regulations 2020 The Himachal Pradesh Electricity Regulatory Commission (HPERC) has proposed amendments to the (Promotion of Generation from Renewable Energy Sources and Terms and Conditions for Tariff Determination) (4th Amendment) Regulations, 2020, which came in effect in April 2020. The HPERC duly considered the latest Renewable […] Read more
CERC Proposes Amendments to Procedure for Grant of ISTS Connectivity for Renewable Projects Updated On Mon, Jul 27th, 2020 by Saurenergy Proposal Has been made Keeping in View the 7th Amendment The Central Electricity Regulatory Commission (CERC) has proposed amendments to the “Detailed Procedure for “Grant of Connectivity to projects based on renewable sources to interstate transmission system (ISTS)”. The draft amendments are open to suggestions and comments from stakeholders and other interested parties up to […] Read more
MNRE Issued Guidelines for Procurement of Round The Clock Power Updated On Mon, Jul 27th, 2020 by Saurenergy MNRE has issued the guidelines for the procurement of Round The Clock power from renewable energy power projects, complemented with thermal power projects. The Ministry of New and Renewable Energy (MNRE) has issued the guidelines for the tariff-based competitive bidding process for the procurement of Round The Clock power from grid-connected renewable energy power projects, […] Read more
