AISIA Bats for 50% BCD on Solar Equipment Updated On Fri, Aug 21st, 2020 by Saurenergy The Body urged Government of India on immediate implementation of BCD All India Solar Industries Association (AISIA) has urged the government to impose at least 50% basic custom duty (BCD) on solar equipment for sustenance of domestic manufacturers. The country’s dependency on China for solar imports in FY20, was recorded at imports worth $1.3 billion. […] Read more
MERC Rules Against MSEDCL in Three Cases Updated On Wed, Aug 19th, 2020 by Saurenergy All Cases Pertain to Non-Payment of Dues to Wind Energy Generators The Maharashtra Electricity Regulatory Commission (MERC) in three separate cases has ruled against the Maharashtra State Electricity Distribution Company Limited (MSEDCL). All the cases pertain to non-payment of dues by MSEDCL to wind energy project owners. Riddhi Siddhi Gluco Biols Ltd. (RSGBL) had approached […] Read more
IHCL Signs Solar PPA With Tata Power Subsidiary to Power its Mumbai Hotels Updated On Tue, Aug 18th, 2020 by Saurenergy IHCL has joined hands with Tata Power for the supply of solar energy for its Mumbai hotels to focus on sustainable and cost-efficient business practices. Hospitality major Indian Hotels Company Ltd (IHCL) has announced that it has joined hands with Tata Power for the supply of solar energy for its Mumbai hotels as part of […] Read more
MNRE Puts ‘One World One Sun One Grid’ on Hold Updated On Tue, Jul 28th, 2020 by Saurenergy MNRE has announced that the RfP for the central governments’ One World One Sun One Grid’ initiative has been put on hold until further notice. The Ministry of New and Renewable Energy (MNRE) has announced that the Request for Proposals (RfP) for the central governments’ One World One Sun One Grid’ initiative has been put […] Read more
Microsoft, Nike, Wipro and More Launch ‘Transform to Net Zero’ Initiative Updated On Thu, Jul 23rd, 2020 by Saurenergy Nine companies have announced the establishment of a new initiative ‘Transform to Net Zero’ to accelerate the transition to a net-zero global economy. The heads of nine companies have announced the establishment of a new initiative to accelerate the transition to a net-zero global economy. The initiative, known as Transform to Net Zero, intends to […] Read more
MNRE Extends Timelines for ‘One Sun One World One Grid’ Updated On Wed, Jul 15th, 2020 by Saurenergy MNRE has announced that it has extended the timelines of the RfP for implementing the One Sun One World One Grid initiative. The Ministry of New and Renewable Energy (MNRE) has announced that it has extended the timelines of the Request for Proposal (RfP) for developing a long term vision, implementation plan road map, and […] Read more
Rs 50K Crore Loss in Forex if SPDs Exempted from Customs Duty: AISIA Updated On Tue, Jul 14th, 2020 by Saurenergy India will lose nearly Rs 50,000 crore in foreign exchange (forex) if SPDs are given exemption from basic customs duty on Chinese imports, AISIA has said. India will lose nearly Rs 50,000 crore in foreign exchange (forex) if solar power developers (SPDs) are given exemption from basic customs duty on Chinese imports, the All India Solar […] Read more
Natron Raises $35 Mn to Expand Sodium-Ion Battery Commercialisation Updated On Thu, Jul 9th, 2020 by Saurenergy Natron Energy, a leading developer of low-cost Sodium-ion batteries using Prussian Blue chemistry, has raised USD 35 million in Series D funding Natron Energy, a leading developer and supplier of high-power, long-life and low-cost Sodium-ion batteries using Prussian Blue chemistry, has announced that it has raised USD 35 million in Series D funding to further […] Read more
FICCI Makes the Case for Extending FAME-II by 2 Years Updated On Fri, Jul 3rd, 2020 by Saurenergy FICCI has recommended various measures, including the continuation of the FAME-II scheme till 2025, to enhance the demand for electric vehicles in the country. The Federation of Indian Chambers of Commerce & Industry (FICCI) has recommended various measures, including the continuation of the FAME-II scheme till 2025, to enhance demand for electric vehicles in the country. The […] Read more
