MNRE’s May Highlights for Union Cabinet Updated On Wed, Jun 16th, 2021 by Saurenergy In its monthly summary of key highlights shared yesterday, the MNRE has focused on renewable energy additions, extension of deadlines due to Covid second wave, and the start of the process for PLI (production Linked Incentive) scheme for solar manufacturing. First up, the ministry shares that 643.66 MW of renewable energy capacity was added in […] Read more
Anti Dumping Duty Battle-Delhi High Court Asks DGTR To Take Feedback Till July 19 Updated On Tue, Jun 8th, 2021 by Saurenergy In the now familiar tussle between domestic solar manufacturers and solar power developers, the Delhi High Court has set a new date. July 19. That is the new date for feedback on the anti dumping investigation launched by the Directorate General of Trade Remedies (DGTR), for imposing anti dumping duty on panel imports from China, […] Read more
PLI Scheme for Battery Storage Will Lower Cost of EVs in India: SMEV Updated On Fri, May 14th, 2021 by Saurenergy SMEV has said that the PLI scheme for promoting battery storage will lead to the reduction of cost on purchase of electric vehicles (EVs) The Society of Manufacturers of Electric Vehicles (SMEV) has said that the production linked incentive (PLI) scheme for promoting battery storage will lead to the reduction of cost on purchase of electric vehicles (EVs) thereby […] Read more
Is India on a delusional path to progress? Updated On Wed, May 12th, 2021 by Saurenergy By Dr. Hitesh Doshi, Chairman and Managing Director, Waaree Group With the advent of the novel Coronavirus, the Indian economy is witnessing a major slowdown. While the nation is fighting the virus with all its might, businesses across sectors are reeling under the tremendous pressure of sustaining themselves. The ground reality of the Indian solar […] Read more
ICOMM Tele Limited Updated On Fri, Apr 16th, 2021 by Saurenergy ICOMM Tele Limited., a pioneer and leader, is one of the India’s largest product designing, engineering development and turnkey solution providers for the Telecom, Defense, Solar, Power and Infrastructure Sectors. Incorporated in 1989, ICOMM now rules India within its business domain along with its presence in the Africa, Asia and the Middle East. Today, ICOMM […] Read more
The BCD Calculus: Will It Deliver The Right Outcomes? Updated On Thu, Mar 25th, 2021 by Saurenergy As expected, once it did arrive, India’s Basic Customs Duty (BCD) plan for solar cells and equipment has managed to create just the sort of furore that the government claims it seeks to avoid. After all, for once, this was a decision that was long in coming, with intent having been announced last year itself, […] Read more
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
Budget 2021. Familiar Tussle Between Developers And Manufacturers Updated On Mon, Jan 25th, 2021 by Saurenergy As the 2021 budget comes around on February 1, it is widely considered to be one of the most critical of the century, coming as it does after the Covid-19 pandemic, which is still to end. While the start of vaccination has brought in a semblance of control back to the government on its future, […] Read more
