Shapoorji Pallonji Collects Solar Imports without Paying Safeguard Duty Updated On Mon, Aug 13th, 2018 by Saurenergy Shapoorji Pallonji is asked to extend a bond of amount equivalent to safeguard duty and will have to pay the amount if the tariff is upheld with all clarity. Adding heat to the already simmering imposition of safeguard duty on solar imports from China and Malaysia, Madras High Court has allowed Shapoorji Pallonji Infrastructure to […] Read more
India Far from 100GW Solar Power Target: CRISIL Updated On Mon, Aug 13th, 2018 by Saurenergy The agency also stated in the report that with best possibilities the country would be able to attain 78 to 80 GW of solar power by the end of 2022 up from the current installed capacity of 21.65 GW. Impacting the solar sentiments of India, ratings and research agency, Credit Rating Information Services of India (CRISIL) has asserted that India […] Read more
India to Spend Rs. 3.85 Lakh Crore for 77GW Solar Capacity Target Updated On Fri, Aug 10th, 2018 by Saurenergy Out of the total target of installing 100,000 MW of solar capacity target by 2022, 23,120 MW solar capacities have already been installed till July 2018. Bringing clarity to the parameters of the solar energy target of 100 GW, Indian Government asserted investment of Rs. 3,85,000 crore for setting up pending 77,000 MW of solar […] Read more
MNRE to Explore Possibility of China Joining Int’l Solar Alliance Updated On Fri, Aug 10th, 2018 by Saurenergy International Solar Alliance is a treaty-based organization meant to promote development of solar energy in countries between the Tropic of Cancer and Tropic of Capricorn. The government has asked Ministry of New and Renewable Energy (MNRE) to check with its Chinese counterpart for possibility of its China joining the International Solar Alliance. The move is aimed at […] Read more
SEZ Solar Units seek Clarity on Safeguard Duty on Imports Updated On Thu, Aug 9th, 2018 by Saurenergy SEZ solar units require certain products for the manufacture of solar cells. These products are largely imported from the China. After the Finance Ministry notified 25 percent safeguard duty on imports from China and Malaysia, not one but many private agencies have sought clarity on the imposition. Among them, solar manufacturing units set up in […] Read more
Europe Develops Portable Solar ‘Plug and Play’ System under its ‘Horizon 2020’ Programme Updated On Thu, Aug 9th, 2018 by Saurenergy The developers claim the cost of energy produced by the portable solar generator to be half the cost of energy produced by diesel generators. European Commission regulated ‘Horizon 2020’ has developed a standalone, easy-to-install, photovoltaic generator, ‘SUNINBOX’, where all the equipment is configured in the factory ready for use as a portable ‘plug and play’ […] Read more
NTPC Postpones 2 GW Solar Auction Citing Opposition to Safeguard Duty Updated On Tue, Aug 7th, 2018 by Saurenergy The NTPC put-off on the auction process was prompted by the concerns of bidders over the impact of safeguard duty on imports on their present financial frameworks. State-run National Thermal Power Corporation (NTPC) has postponed a 2000 MW solar tender for a week citing developers’ dissent over the 25 percent safeguard duty imposed on solar […] Read more
MNRE Appeals Exclusion of Solar Projects under Execution from Safeguard Duty Updated On Mon, Aug 6th, 2018 by Saurenergy The ministry has put up an urge to exclude projects bid out before 31st July as the safeguard duty came into effect on July 31st. The Ministry of New and Renewable Energy (MNRE) has urged the Finance Ministry to exempt solar projects under implementation from the 25 percent safeguard duty on solar goods from China […] Read more
SECI Cancels Solar Bids for 2,400 MW Projects Updated On Fri, Aug 3rd, 2018 by Saurenergy ACME is the only developer that was allotted the 600 MW SECI solar project which had quoted lowest tariff of Rs. 2.44 per unit. Solar Energy Corporation of India (SECI) has cancelled the allotment of 2400 MW of auctioned solar projects after the auction of 3000 MW of solar projects held on July 13. While […] Read more
