The BCD Calculus: Will It Deliver The Right Outcomes? Updated On Thu, Mar 25th, 2021 by Saurenergy As expected, once it did arrive, India’s Basic Customs Duty (BCD) plan for solar cells and equipment has managed to create just the sort of furore that the government claims it seeks to avoid. After all, for once, this was a decision that was long in coming, with intent having been announced last year itself, […] Read more
40% on Modules & 25% on Cells, MNRE to Impose BCD From April 1, 2022 Updated On Thu, Mar 11th, 2021 by Saurenergy 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, […] Read more
Solar Industry Hoping for More Elaborate Support From Union Budget Updated On Tue, Feb 2nd, 2021 by Saurenergy The new Union Budget for 2021 has attracted positive responses from industries and the stock markets alike, appreciating the government’s attempt to revive the economy. Evident from our first story the power industry had also welcomed the broad direction, however, there also were some requests for specifics. In a similar tone, three solar industry majors […] Read more
The Perfect Storm 2020 Updated On Tue, Feb 25th, 2020 by Saurenergy Problems demanding solutions are piling up. How will India’s solar sector save 2020? Budget 2020, which carried the hopes of many leaders in the solar sector, has finally come and gone. Even as industry welcomed it with the usual platitudes of ‘good intent’, ‘long term planning’ and praise for the ‘higher allocation’ for renewable energy, […] Read more
Vikram Solar Hires Inox Wind’s Saibaba Vutukuri as New CEO Updated On Wed, Feb 5th, 2020 by Saurenergy In a significant development, country’s one of the leading solar module maker Vikram Solar on Wednesday said that it has appointed Saibaba Vutukuri as its new Chief Executive Officer (CEO). After Vutukuri’s appointment, Gyanesh Chaudhary, who was earlier holding the post of Managing Director and CEO of Vikram Solar, will remain as the company’s Managing […] Read more
Here’s how Indian Solar Industry Evaluates the Budget 2020 Updated On Mon, Feb 3rd, 2020 by Saurenergy The stakeholders from the solar industry has broadly welcomed the Narendra Modi led NDA government’s Union Budget 2020, as this time the power and renewable energy sector managed to get more attention in the budget. This time Finance Minister Nirmala Sitharaman’s budget got more relevance as it came at a time when the country’s economy […] Read more
Vikram Solar Inducts Ravindra Anil Vaidya For Global Push Updated On Mon, Jul 1st, 2019 by Saurenergy Leading manufacturer and EPC firm Vikram Solar Limited has announced the induction of Ravindra Anil Vaidya as the Vice President, Global Markets for the firm. Mr Vaidya will be based in Singapore, as he seeks to build on the increasing international opportunities in solar for Vikram Solar. For the Kolkata based Vikram Solar, the appointment […] Read more
Vikram Solar Wins ‘Best Contribution in Solar Energy’ at CBIP Awards Updated On Sat, Jan 5th, 2019 by Saurenergy The award was conferred to the module maker by R. K. Singh, Minister of Power and New and Renewable Energy. Amongst other awardees were Hero Future Energies and West Bengal State Electricity Distribution Company (WBSEDCL). Country’s one of the leading module makers Vikram Solar has been awarded with ‘Best Contribution in Solar Energy’ at the […] Read more
Vikram Solar Conferred with Three Prestigious Awards Updated On Sat, Nov 3rd, 2018 by Saurenergy Vikram Solar, the globally recognized leading solar energy solutions provider announced that the company has been honoured with three prestigious awards this week. Mr. Gyanesh Chaudhary, CEO and Managing Director, Vikram Solar commented, “This is yet another proud moment for us. It gives us tremendous joy and pride to have won these awards. Each recognition […] Read more
