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BCD Decision Sparks Predictable Reactions, Costs To Go Up By 50 p/unit

Three days after the formal confirmation of government plans to impose an enhanced Basic Customs Duty  (BCD) of 25 per cent and 40 per cent on imported solar cells and modules, respectively, the reactions have started coming in thick and fast. Dedicated developers, both those on record and off the record, have expressed their views []

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40% on Modules & 25% on Cells, MNRE to Impose BCD From April 1, 2022

The Ministry of New and Renewable Energy (MNRE) has finally finalised the new Basic Customs Duty (BCD) on solar PV cells and modules. As per an office memorandum, the Ministry is going to impose a 25 percent BCD on solar PV cells and 40 percent duty on solar modules without grandfathering of bid-out projects. However, []

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Indian E-Rickshaw Market to Expand to $1.39 Billion by 2025: Report

India witnessed an exponential growth of electric rickshaws (e-rickshaw) since they first entered the Indian public transportation network. An E-rickshaw has always been an easy to go and cheaper option for the short-distance daily commute. Their cost effectiveness has also made e-rickshaw the preferred option for an ever larger section of society. Now, according to []

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POWERGRID Acquires RNTL, to Establish Transmission System for Rajasthan SEZ

POWERGRID has announced that pursuant to its selection as the successful bidder it has acquired Ramgarh New Transmission Limited (RNTL). The Power Grid Corporation of India Limited (POWERGRID), has announced that pursuant to its selection as the successful bidder under tariff-based competitive bidding, it has on March 9, 2021, acquired Ramgarh New Transmission Limited (RNTL) []

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Longi Solar Top Module Supplier to India In 2020, Says Report

Chinas LONGi Solar, a global leader in high-efficiency mono-crystalline solar cells and modules, has been named Indias market leader based on module shipments in 2020, according to a recent study by Gurugram-based research firm JMK Research. For LONGi, the numbers will be gratifying, as it has taken the firm just over 2 years to make []

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Danish Firm Halder Topsoe Fires First Salvo In Green Hydrogen Manufacturing

The Catalyst Manufacturer has claimed that its upcoming facility to build electrolysers will cut the cost of Green Hydrogen by 20 percent Green Hydrogen has started attracting some serious attention across the world now, with experts putting down a price of anything between $1.5 to $2 as the inflection point that will make it a []

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Waaree Subsidiary Sangam Renewables Commissions 16 MW Solar Plant

Sangam Renewables, a publicly listed subsidiary of Waaree Energies, has announced on March 4 that it has commissioned a 16 megawatt (MW) solar project in Gavhankund, Maharashtra. The project has been commissioned through subsidiary Waacox Energy Private Limited, Sangam Renewables said in an exchange filing. Waacox Energy Private Limited, a material subsidiary, of the company []

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