Haryana Waives Wheeling Charges on Power Generated From Solar Plants Updated On Tue, Aug 8th, 2017 by Saurenergy Any investor, who installs a solar power plant at any place in the state, can sell this power to any private entity within the state at mutually agreed tariff without paying these charges. The Haryana government has waived intra-state wheeling charges, cross subsidy charges, transmission and distribution charges on the electricity generated from solar power […] Read more
Subsidy of Rs. 246.84 crore disbursed under Decentralized Distributed Generation in last three years Piyush Goyal Updated On Fri, Aug 4th, 2017 by Saurenergy Under the Decentralized Distributed Generation (DDG) of Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY), electricity access is provided to all the villages/habitations where grid connectivity is either not feasible or not cost effective including those situated in backward and remote areas of the country. This includes mini grids and standalone systems. The Minister of State For Power, Coal, New & […] Read more
Target set for rooftop solar by 2022 is ‘Unrealistic’: Parliamentary Panel Updated On Tue, Aug 1st, 2017 by Saurenergy The panel further said the Centre should give the scheme a “serious relook”, else, it will derail the target achievement of the National Solar Mission. A Parliamentary panel on Tuesday said that 40 GW target for rooftop solar by 2022 is “unrealistic” and it needs to be “reconsidered” reports PTI. “The Committee feels that the […] Read more
Government to Impose 5 Percent Tax Under GST on Cables and Batteries for Solar Power Updated On Mon, Jul 31st, 2017 by Saurenergy Due to the inverted duty structure, developers will first pay the higher tax and then claim a tax refund against the five per cent slab while filing the returns. The credit reversal will be possible only if the renewable energy project developer submits invoices to the government regarding procurement and tax paid. The government is […] Read more
IDFC Alternatives to Acquire First Solar’s India portfolio for Rs 1950 Crore Updated On Mon, Jul 31st, 2017 by Saurenergy IDFC infrastructure will acquire entire 200 megawatts of First Solar’s operational portfolio of solar power projects in India for around $300 million. The infrastructure fund of multi-asset manager IDFC Alternatives is set to make its biggest acquisition till date by taking over the entire 200 megawatts of First Solar’s operational portfolio of solar power projects […] Read more
Buy Abroad Diktat Doesn’t Worry India’s Solar Sector Updated On Mon, Jul 24th, 2017 by Saurenergy India has to make suitable policy changes to protect its fledgling solar manufacturing sector from foreign competition. India has to make suitable policy changes by December this year to remove measures it had undertaken to protect its fledgling solar manufacturing sector from foreign competition, according to a recent notice issued by the Dispute Settlement Body […] Read more
Jakson Group to Set Up New Manufacturing Solar Power Plant in Guajart Updated On Mon, Jul 24th, 2017 by Saurenergy Jakson Group will invest Rs 700 Crore in a new production plant for solar power modules in Gujarat that will have a capacity of 1,000 MW of solar modules and 250 MW of solar cells in three years. At a time when most domestic solar manufacturers are struggling with idle capacity in the face of […] Read more
PPAs signed for first Wind Auction totalling 1050 MW Updated On Fri, Jul 21st, 2017 by Saurenergy Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Shri Piyush Goyal presided over the signing of Power Purchase Agreements (PPAs) for purchase of 1050 MW of wind power under Ministry of New and Renewable Energy (MNRE)’s first Wind Auction Scheme here today. The PPAs were signed between PTC India […] Read more
Australia Becomes 35th Nation to Joins International Solar Alliance Updated On Fri, Jul 21st, 2017 by Saurenergy Total 6 countries had ratified the International Solar Alliance agreement, and once 15 countries ratify it, the agreement will become a legal entity. Australia has become the 35th nation to join. Australia has become the 35th nation to join the International Solar Alliance, an initiative launched by India’s Prime Minister Narendra Modi in November 2015 […] Read more
