ICRA Accredits Waaree Energies with Highest ‘SP1A’ Ranking Updated On Wed, Mar 17th, 2021 by Saurenergy Waaree Energies has been assigned SP1A ranking by ICRA emphasizing strong performance capability and financial strength to undertake solar projects One of India’s leading solar solutions firms, Waaree Energies has been assigned the highest-ranking of SP1A by the Investment Information and Credit Ranking Agency of India (ICRA) under System Integrator Grading. The ranking SP1A emphasises […] Read more
40% on Modules & 25% on Cells, MNRE to Impose BCD From April 1, 2022 Updated On Thu, Mar 11th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has finally finalised the new Basic Customs Duty (BCD) on solar PV cells and modules. As per an office memorandum, the Ministry is going to impose a 25 percent BCD on solar PV cells and 40 percent duty on solar modules without grandfathering of bid-out projects. However, […] Read more
MNRE Releases List Of Module Makers for Government Contracts Updated On Thu, Mar 11th, 2021 by Saurenergy The ALMM list, to be updated monthly, will be valid for two years. The Ministry of New and Renewable Energy, in an office memorandum released yesterday, announced the names of 23 Indian firms those products would be eligible for use in government contracts for solar plants. The list is for module manufacturers right now. The […] Read more
University of Birmingham Teams up with ARAI on Transport Research Updated On Tue, Mar 9th, 2021 by Saurenergy The University of Birmingham and ARAI have signed an MoU agreeing to identify joint research interests in the transport sector including EVs. The University of Birmingham and The Automotive Research Association of India (ARAI) based in Pune, India, have signed a Memorandum of Understanding (MoU) agreeing to identify joint research interests in the fields of […] Read more
State-Owned and Private Discoms on two Ends of the Spectrum: ICRA Updated On Tue, Mar 9th, 2021 by Saurenergy The credit profile of the state-owned Discoms continues to remain stressed, while that of several privately-owned Discoms remains healthy The credit profile of the state-owned distribution utilities (Discoms) continues to remain stressed due to higher level of technical & commercial (AT&C) losses compared to regulatory norms, inadequate tariffs in relation to their cost of supply […] Read more
Average Rural Power Supply Duration has Increased to 18.5 Hours Updated On Fri, Mar 5th, 2021 by Saurenergy RK Singh has informed that the average rural power supply duration increased from 12.5 hours in 2014-15 to 18.5 hours in 2019-20. Addressing the Power Ministry Parliamentary Consultative Committee in a meeting, Power Minister RK Singh has informed that the average rural power supply duration increased from 12.5 hours in 2014-15 to 18.5 hours in […] Read more
COGOS to Deploy 1000 EVs in its Logistics Fleet, Partners With Altigreen Updated On Fri, Mar 5th, 2021 by Saurenergy Intra-city logistics company, COGOS has announced its partnership with Altigreen by deploying 1000 EVs in its fleet, a step to further strengthen its commitment towards electric mobility in the country. The partnership has materialised at an opportune time as the budget 2021 and the later impositions of green tax and new scrap policy, extensively showed […] Read more
Karnataka Issues Renewable Energy Policy 2021-26, Targets 20 GW of RE Projects Updated On Fri, Mar 5th, 2021 by Saurenergy Karnataka Renewable Energy Development Limited (KREDL) has drafted the “Karnataka Renewable Energy Policy 2021-26” to strengthen the Renewable Energy markets in the state. Being one of the leading States in Renewable Energy (RE) sector in the country with a RE generation capacity of about 15,037 MW, the KREDL has drafted the policy with a foremost […] Read more
PAT Cycle-II has Resulted in CO2 Emission Reduction of 70 MT: RK Singh Updated On Wed, Mar 3rd, 2021 by Saurenergy RK Singh in appreciation of the implementation of PAT Cycle – II, said that it has resulted in CO2 emission reduction of about 70 MT With an objective to accelerate Energy Transition in industrial sectors, Union Minister for Power, New and Renewable Energy RK Singh, recently chaired an interaction session with top management of energy-intensive […] Read more