GST on Renewable Products Slashed to 5% Updated On Mon, Dec 24th, 2018 by Saurenergy Prior to this clarification, solar power developers were paying tax at the rate of 18% which had become a sticking point in the industry. Solar Industry is in a state of relief after the GST council clarified that the devices and parts related to renewable energy will be taxed a 5% while the services related […] Read more
Rays Power Infra Raises Rs 200 Cr from DMI Finance Updated On Fri, Dec 21st, 2018 by Saurenergy The capital will be predominantly used to strengthen the company’s presence in the country and to develop ground mounted solar power projects. Mumbai-based solar power developer Rays Power Infra announced that it has successfully raised Rs 200 crore in debt and equity financing in the first round from DMI Finance. The capital will be predominantly […] Read more
Interview with Dinesh Chadha, CEO at Electro Control Systems Updated On Tue, Dec 18th, 2018 by Saurenergy Electro Control Systems (ECS) – a company engaged in manufacturing, erection, commissioning and servicing of control and automation systems. In 2011, it has diversified into solar EPC, providing substation solutions for 33/66 and 132 KV. In an exclusive interview with Saur Energy International during the 12th Edition of Renewable Energy India (REI) Expo 2018 […] Read more
Interview with Abhijeet Gupta, Director at Radite Energy Updated On Fri, Dec 7th, 2018 by Saurenergy Radite Energy – a fastest growing EPC company in the field of solar ground based projects, rooftop solar projects, boundary fencing, telecom towers, electric vehicle charging infrastructure and also in the other services like operation and maintenance, equipment hiring and manpower hiring. In an exclusive interview with Saur Energy International during the 12th Edition of […] Read more
Suzlon Energy Posts Net Loss at Rs 625.76 Cr in Sept Quarter Updated On Thu, Nov 15th, 2018 by Saurenergy However, it’s consolidated total income from operations grew to Rs 1,221.89 crore during Q2 2018-19, as compared to Rs 1,179.07 crore during the same period last year. Leading wind turbine maker Suzlon Energy reported its consolidated net loss after tax at Rs 625.76 crore in the July-September quarter of FY19. “The consolidated net profit after […] Read more
Risen Energy Wins 50MW PV Contract from Bitexco Group’s Arm Updated On Fri, Oct 26th, 2018 by Saurenergy The electricity generated by the project will be provided to EVN, the Vietnamese state grid. Australia-based solar PV panels maker Risen Energy has won the bid for the NHI HA 50MW solar power station project owned by Vietnam-based Bitexco Group’s subsidiary Thap Cham Solar. The company said in a statement that, combined with the contracts won by […] Read more
Viz-A-Viz with Shravan Sampath, Founder, Oakridge Energy Solutions Updated On Mon, Oct 22nd, 2018 by Saurenergy Q. As an EPC how do you see the growth journey of solar in past few years? Government of India has set an ambitious target of 40,000 MW of rooftop solar capacity to be achieved by 2022. While this is ambitious, it is not impossible to achieve either. The recent fall in the drop of […] Read more
Viz-A-Viz with Kapil Maheshwari, CEO, Hinduja Renewables Energy Pvt Ltd Updated On Sat, Oct 20th, 2018 by Saurenergy Q. To begin with, how do you see your journey with Renewables Industry? I started my journey in Renewables Energy from the days of completing my masters from IIT, Bombay. Since then I am part of this industry in geographies like US, Germany and India. Started my journey as Design Engineer in RE Industry and […] Read more
Sembcorp Commissions 250 MW Wind Project; Beats SECI Timeline Updated On Sat, Oct 6th, 2018 by Saurenergy The wind power project was dedicated to the nation by Minister of State (IC) for Power and New & Renewable Energy, Raj Kumar Singh at the 2nd Global RE-INVEST summit. Sembcorp Energy India (SEIL) and Suzlon Group has completed the 250 MW wind power project, which is the first among all SECI auctioned wind […] Read more
