Budget 2019 Live: Big Boost for finance, solar manufacturing and EV’s in Budget Updated On Fri, Jul 5th, 2019 by Saurenergy As Finance Minister N Sitharaman presents her first budget 2019 in parliament today, track the news live for anything relevant to solar, renewables and electric mobility. Sumant Sinha, CMD, Renew Power, has already drawn up a wishlist. As India awaits the #UnionBudget2019 tomorrow, our CMD @sumant_sinha shares 7 areas where the #budget can make a […] Read more
Solar Thermal Industry Seeks Replacement of 18% GST with 5% Updated On Fri, Jul 5th, 2019 by Saurenergy Before the introduction of Goods and Services Tax (GST) by the Government of India from 1st of July 2017, many taxes like VAT, Octroi, Service tax have been subsumed into a single tax of GST. The GST has merged under the heading Renewable energy devices & parts for their manufacture all of the earlier solar […] Read more
MNRE Details Role of Discoms in 12 GW Solar CPSU Scheme Updated On Fri, Jul 5th, 2019 by Saurenergy MNRE has notified the role of DISCOMs to ensure the smooth implementation of the CPSU program for the development of solar projects worth 12GW. The Ministry of New and Renewable Energy (MNRE) has issued a notification regarding the modalities and role of distribution companies (DISCOMs) to ensure the smooth implementation of the second phase of […] Read more
Budget 2019: Solar Industry Seeks Quick Reforms from Modi 2.0 Updated On Thu, Jul 4th, 2019 by Saurenergy When the Narendra Modi-led National Democratic Alliance government was voted back to power in a landslide victory in the recently concluded general polls, expectations of the corporate world and especially from the renewable industry grew mile high from the Union Budget 2019 which will be presented on 5th July. Now with the continuation of the […] Read more
Grid-Tied Solar Capacity Approaching 30 GW: RK Singh Updated On Thu, Jul 4th, 2019 by Saurenergy The cumulative grid-connected installed solar power capacity in India is approaching the 30 GW mark, as per the data revealed by RK Singh. The cumulative grid-connected installed solar power capacity in India is approaching the 30 GW mark sooner rather than later with the installed capacity at the end of May 2019, being 29,409 MW, […] Read more
PFC Raises $ 300 Million Through Syndicated Loans Updated On Thu, Jul 4th, 2019 by Saurenergy PFC raises $ 300 million through a three-year syndicated loan from SBI, Honk Kong and MUFG Bank, Singapore. The Power Finance Corporation (PFC), a state-owned non-banking financial company (NBFC) that funds power sector projects has announced that it has raised $ 300 million through a three-year syndicated loan from the State Bank of India, Honk […] Read more
Innovation, Policy Revisions and Digitization are Escalating the Energy Transition Updated On Thu, Jul 4th, 2019 by Saurenergy Renewable energy technology advances, innovation and digitization are escalating the pace of the global energy transition, according to the latest EY research Renewable energy technology advances, innovation in storage and digitization and increased distributed energy generation are escalating the pace of the global energy transition, according to the latest EY research in collaboration with IDC. […] Read more
Upcoming World’s Largest Cricket Stadium to Go Solar with Lubi Updated On Tue, Jul 2nd, 2019 by Saurenergy The company spokesperson when contacted said that, the solar plant will be erected in line with global renewable energy standards and will be able to derive optimum performance with hassle free operation. After complete demolition in late 2015, the Sardar Patel Stadium in Ahmedabad is currently under redevelopment and an overhaul phase. Once completed, this […] Read more
Repsol Closes in on RE Target with Addition of 794 MW Pipeline Updated On Tue, Jul 2nd, 2019 by Saurenergy Repsol has announced that it will develop three new RE projects consisting of 2 wind farms and a solar plant with a combined installed capacity of 794 MW Madrid-based energy company, Repsol has announced that it will develop three new renewable energy (RE) projects consisting of two wind farms and a solar PV power plant […] Read more
