High Court to Hear Petition on Solar Imports Duty Likely on February 13 Updated On Thu, Feb 8th, 2018 by Saurenergy The Madras High Court admitted Shapoorji Pallonji’s petition on January 19 and issued a temporary stay on the implementation of the recommendation. In a significant development, High Court has decided to hear the petition filed against the preliminary recommendation of the Director General (Safeguards) to impose 70 percent safeguard duty on imported solar panels and […] 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
Years Ahead, India Achieves 20 GW of Solar Energy Target Updated On Wed, Jan 31st, 2018 by Saurenergy According to the latest India research report by green energy market tracker Mercom Capital, the utility-scale combined establishments now remain at around 18.4 gw, with rooftop solar representing another 1.6 gw. India has accomplished 20 GW (gigawatt) aggregate solar limit, accomplishing the turning point four years in front of the objective for 2022 initially set […] 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
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
Center Should Resolve Issues Pertaining To Policy: Vikram Solar CEO Updated On Thu, Jan 18th, 2018 by Saurenergy Vikram Solar had closed 2014-15 with a turnover of 623 crores, 910 crore in 2015-16 and 1,659 crores in 2016-17. This shows a compounded annual growth rate of 54 percent over the past five years. In order to boost the solar energy sector growth, the central government should step up and take valuable decisions to […] Read more
Strict Quality Norms imposed for Solar Equipment and Components to restrict low quality Solar PV equipment in Indian market: Shri R.K. Singh Updated On Thu, Dec 21st, 2017 by Saurenergy Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh, in a written reply to a question in Lok Sabha today, informed that there is no formal specific information relating to any specific solar equipment or component being of low quality and sold in Indian market. Shri Singh further informed […] Read more
Acme Cleantech Solutions Approaches Madras High Court for Levied Import Duty Updated On Fri, Dec 8th, 2017 by Saurenergy In its petition, Acme said that customs officials were not following the proper procedure in making their revised assessments. The Madras High Court was approached by a solar power developer named Acme Cleantech Solutions filing a petition against Chennai port customs officials accusing them of charging import duties on panels and modules by categorizing them […] Read more
RK Singh Comes to Rescue Solar Projects From Uncertainty of Anti-dumping Duty Updated On Wed, Dec 6th, 2017 by Saurenergy Extending his support to the industry, the minister mentioned while the decision on anti-dumping duty on solar imports is still undeclared. The Minister of power, new and renewable energy RK Singh commented that the new bidders and the existing solar energy projects should be protected from the uncertainty of antidumping duties on import of low […] Read more
