Viz-A-Viz with Pushpendra Singh, Managing Director, LEONI Cable Solutions (India) Pvt Ltd Updated On Mon, Aug 13th, 2018 by Saurenergy Q. Your operations are in 31 countries across the globe, what prompted you to start your manufacturing operations in India? LEONI has been present in India for some time now. The Indian Manufacturing for Industrial Products started in 2013, with Refinery Projects like Reliance being a loyal customer. Since 2014-15 onwards India has been one […] Read more
Domestic Solar Power Industry Updated On Fri, Aug 10th, 2018 by Saurenergy Solar tariffs in India saw the lowest ever level of Rs.2.44 per unit in reverse auctions carried out by Solar Energy Corporation of India (SECI) in May 2017 for 200 MW and again twice in July, 2018, for 600 MW in each instance. As per the final findings dated 16th July, 2018, in the investigations […] Read more
India to Spend Rs. 3.85 Lakh Crore for 77GW Solar Capacity Target Updated On Fri, Aug 10th, 2018 by Saurenergy Out of the total target of installing 100,000 MW of solar capacity target by 2022, 23,120 MW solar capacities have already been installed till July 2018. Bringing clarity to the parameters of the solar energy target of 100 GW, Indian Government asserted investment of Rs. 3,85,000 crore for setting up pending 77,000 MW of solar […] Read more
Mizoram to Get 100MW Solar Power Plant Updated On Fri, Aug 10th, 2018 by Saurenergy The government has already signed the Memorandum of Understanding (MoU) with Sungevity Enterprises, a solar power service developer, to setup Rs. 630 crore 100MW solar power plant. Under the ‘Magnetic Mizoram Investors Summit’ initiative of New Economic Development Policy (NEDP), Mizoram government is to set up a 100 MW solar power plant in the state. […] Read more
SEZ Solar Units seek Clarity on Safeguard Duty on Imports Updated On Thu, Aug 9th, 2018 by Saurenergy SEZ solar units require certain products for the manufacture of solar cells. These products are largely imported from the China. After the Finance Ministry notified 25 percent safeguard duty on imports from China and Malaysia, not one but many private agencies have sought clarity on the imposition. Among them, solar manufacturing units set up in […] Read more
NTPC asserts Additional Tariff for Bid Resubmission for 2GW Project Updated On Thu, Aug 9th, 2018 by Saurenergy Pre-qualified developers for NTPC tender show their concern about whether they would be allowed to pass on the incremental tariff because of the safeguard duty to distribution companies. Feeding the impacts of the safeguard duty on imports, state-run National Thermal Power Corporation (NTPC) has asked the pre-qualified bidders of 2GW solar power project to resubmit […] Read more
India’s Energy deficit Shrinks to less than 1% in 2018: NITI Ayog Updated On Thu, Aug 9th, 2018 by Saurenergy Cumulative installed capacity has nearly doubled, from 35.5 GW in 2013-14 to about 70 GW in 2017-18. The installed power generation capacity in India has risen to 344 GW and its energy deficit, which stood at over 4 per cent in 2014, has shrunk to less than one per cent in 2018, an official release said. NITI […] Read more
Rural Electrification- Another Feather in India’s Cap Updated On Thu, Aug 9th, 2018 by Saurenergy After India took over driver’s seat and successfully parks the car of International Solar Alliance (ISA) Summit in March this year, Asia’s third largest economy continued its rollercoaster ride in April too, and once again scripted history by hitting the target of electrifying all villages ahead of the deadline. In 2014, when Narendra Modi chaired […] Read more
Lightsource BP Acquires 135 MW Solar Assets from Orion Renewable Energy Updated On Thu, Aug 9th, 2018 by Saurenergy The move has marked a major milestone in the Lightsource BP’s strategic US expansion. British solar parks developer Lightsource BP has acquired six solar development assets from Orion Renewable Energy Group LLC. The move has marked a major milestone in the Lightsource BP’s strategic US expansion. Further, the 135 MW DC portfolio consists of projects […] Read more
