NTPC Incorporates a Subsidiary for its Renewable Energy Business Updated On Fri, Oct 9th, 2020 by Saurenergy NTPC Ltd has announced that it has officially incorporated a subsidiary for its renewable energy business. State-owned NTPC Ltd, India’s largest energy conglomerate, has announced that it has officially incorporated a subsidiary for its renewable energy business. “NTPC Ltd has incorporated a wholly-owned subsidiary, in the name of NTPC Renewable Energy Ltd with the Registrar of Companies, NCT […] Read more
MNRE Amends Bidding Guidelines for Procuring Power From Solar Projects Updated On Thu, Oct 8th, 2020 by Saurenergy MNRE has issued amendments to the guidelines for the tariff-based bidding process for the procurement of power from grid-tied solar projects. The Ministry of New and Renewable Energy (MNRE), in a gazette notification, has issued amendments to the guidelines for ‘Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Solar PV Power […] Read more
Indian Oil Powers up Rooftop Solar Plant at Northern Regional Office Updated On Wed, Oct 7th, 2020 by Saurenergy The Indian Oil Corporation has announced that its northern regional office in the national capital has commissioned a 50 kW rooftop solar power plant. The Indian Oil Corporation (IOCL) has announced that its northern regional office in the national capital has commissioned a 50-kilowatt (kW) rooftop solar power plant to electrify the building. “The solar plant has 150 solar panels of 335 […] Read more
India Needs to Establish Value Chain to Boost Solar Equipment Manufacturing : Industry Updated On Wed, Oct 7th, 2020 by Saurenergy Domestic manufacturing of solar equipment in India will need the support of a back-end supply chain that needs to be quickly established The plans for establishing domestic manufacturing of solar equipment in India will need the support of a back-end supply chain that will need to be quickly established, industry executives said. Sumant Sinha, chairman […] Read more
Vestas Introduces Low-Wind Variant to Expand Footprint in India Updated On Wed, Oct 7th, 2020 by Saurenergy To help meet the growing demand in India, Vestas is introducing the V155-3.3 MW turbine optimised for low and ultra-low wind conditions. The global demand for sustainable energy solutions in low and ultra-low wind areas continues to grow as renewable technology improves in efficiency and cost. This trend is especially prominent in India, the world’s […] Read more
India Pledges to Tighten up Solar Equipment Imports Soon : RK Singh Updated On Wed, Oct 7th, 2020 by Saurenergy India will soon tighten provisions for imports of solar equipment in order to encourage more domestic manufacturing, RK Singh has said. India will soon tighten provisions for imports of solar equipment in order to encourage more domestic manufacturing even as power demand post the covid outbreak has rebounded, RK Singh, Minister for New and Renewable […] Read more
This Energy Efficiency Day, Suntuity REI aims to make India an energy independent country Updated On Tue, Oct 6th, 2020 by Saurenergy With the growing environmental hazards due to increasing carbon emission through fossil fuel, it is the need of the hour to resort to sustainable sources of energy like renewable energy. In a country like India, there are still hundreds of villages which are yet to receive electricity. With Energy Efficiency Day round the corner, Suntuity […] Read more
Indian Embassy in Madagascar Inaugurates Solar Plant on Gandhi Jayanti Updated On Tue, Oct 6th, 2020 by Saurenergy The Prime Minister of Madagascar Christian Ntsay inaugurated the solar power plant at the Embassy of India, Antananarivo on the occasion of the 151th birth anniversary of Mahatma Gandhi. Many dignitaries including Environment Minister of Madagascar Raharinirina Baomiavotse Vahinala, Secretary-General of Energy and Hydrocarbons, Andry Andriantongarivo, Ambassador of the United States, Michael Pelletier and representatives […] Read more
Power Trading in Power Exchanges Exempted From new TDS and TCS Updated On Mon, Oct 5th, 2020 by Saurenergy The Central Board of Direct Taxes of India (CBDT) has exempted power trading transactions through online exchanges like Power Exchange India Ltd (PXIL) from the newly imposed section 194 (O) – TDS on E-Commerce Transactions & section 206C (1H) – TCS on Sale of Goods on an E-Commerce platform, of Income-tax Act, 1961. The Finance […] Read more
