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
Industry Bullish on Renewable Sector but Issues Linger Updated On Fri, Dec 21st, 2018 by Saurenergy High tariff and the expensive infrastructure mire the sheen of the sector, issues which the industry wants to be resolved in the forthcoming year. The recently held COP24 renewed the focus of world government’s on the increasing need of solar energy and India government and the industry also agrees with the fact. However, high tariff […] Read more
Government Approves Second Phase of Atal Jyoti Yojana Updated On Fri, Dec 21st, 2018 by Saurenergy Phase-II of Atal Jyoti Yojana will cover installation of 3,04,500 solar street lights (SSL) of 12 W capacity as per the MNRE specification. The president has today given its assent to launch the Phase-II of the ‘Atal Jyoti Yojana’ (AJAY) to be implemented in the year 2018-2019 and 2019-2020. Sanction has also been accorded for […] Read more
ReNew Power Selects GE for 300 MW Gadhsisa Wind Farm Updated On Fri, Dec 21st, 2018 by Saurenergy The wind farm with a proposed installed capacity of 300 MW will be GE Renewable Energy’s largest full turnkey project in India, the statement said. US wind turbines major GE Renewable Energy has been selected by India’s ReNew Power to procure 120 GE 2.5-132 turbines for Gadhsisa Wind Farm in Gujarat, according to a statement […] Read more
Siemens Bags 126 MW Order for Maharashtra Wind Farm Updated On Fri, Dec 21st, 2018 by Saurenergy Siemens Gamesa will provide infrastructure to install and operate the facility, including supply, erection and commissioning of 63 units of wind turbines. Siemens Gamesa Renewable Energy has secured an order for 126 MW wind farm in Osmanabad district of Maharashtra, a company statement said. The company statement further added that as part of the turnkey […] Read more
NTPC Invites Bid for Development of Smart Townships Updated On Thu, Dec 20th, 2018 by Saurenergy The successful bidder will provide comprehensive O&M services to the project as well as a transmission system for a period of three years. National Thermal Power Corporation, India’s largest power producer has issued a tender for the Implementation of Renewable Package for Smart Township Initiative in Solapur in Maharashtra and and Khargone in Madhya Pradesh. […] Read more
Shell and EDF Renewables Form JV to Develop Wind Farm Updated On Thu, Dec 20th, 2018 by Saurenergy The lease area holds the potential to produce approximately 2,500 MW of wind energy – enough to power close to one million homes. Forming an equal partnership joint venture, EDF Renewables North America and Shell New Energies have joined hands to co-develop wind energy area in New Jersey. The lease area holds the potential to […] 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
