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Vibrant Gujarat to See RE Deals Worth Rs 50,000 Cr

Gujarat Power Corp Ltd, owned by the Gujarat government, will be laying the foundation stone for one of the biggest solar power park. The 9th edition of the Vibrant Gujarat Global Summit 2019 (VGGS) which is happening from January 18th to 20th, 2019, is expected to witness investment commitment of a massive Rs 50,000 crore […]

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Rajasthan Amends Net Metering Regulations

The regulations will be enforced after its notification in the official gazette and specifically deliberates upon “Energy Accounting and Settlement”. Bringing clarity to the renewable energy framework for grid interactive small solar power plants and solar rooftop installations, The Rajasthan Electricity Regulatory Commission has amended the state’s net metering regulations. The regulations will be enforced […]

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BEST to extend 677 MW PPA with Tata Power

This will ensure cheaper power to Mumbai consumers with the added advantage of hydro peaking power at rates which are cheapest in the country. Maharashtra Electricity Regulatory Commission (MERC) has allowed Brihanmumbai Electric Supply and Transport Undertaking (BEST) to extend its existing Power Purchase Agreement (PPA) with The Tata Power for 677 MW supplied from […]

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SPDA Demands Uniform GST Rate of 5%

The total incidence of tax on the SPGS would increase to 8.9 per cent with implementation of the GST Council recommendations. The recently issued sigh of relief from the GST council which recommended 5% GST for almost 70% of solar products has come under ire just a week after GST council issuing its recommendations. The […]

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NCLT Allows Demerger of Emami’s Power and Cement Business

In the petition filed with NCLT, Emami pegged that the demerger will bring strength to each business with a focused and individual attention. National Company Law Tribunal’s Kolkata bench has recently approved the demerger of Emami’s solar power business, Emami Power, from its cement business, Emami Cement Limited. A petition was filed by the Indian […]

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Viz-A-Viz with Dr. Avishek Kumar, Director, Sunkonnect

Q. To begin with, please tell our readers more about Sunkonnect and its offerings and key specialities? Sunkonnect is a global renewable energy management consulting firm based in Singapore. We work with system owners, developers, EPC players and manufacturers in making significant and longlasting improvements to their systems, products and processes. Our team has over […]

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GST on Renewable Products Slashed to 5%

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 […]

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Viz-A-Viz with Ramnath Vaidyanath, CEO, WiSH Energy

Q. To begin with, please tell our readers more about WiSH Energy and its contribution towards clean energy in India. WiSH (Wind-Solar Hybrid) Energy was created for the sole objective of bridging the energy gap and making renewable energy accessible and affordable for all. Through constant innovation, research and human interaction, we are paving the […]

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Rays Power Infra Raises Rs 200 Cr from DMI Finance

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 […]

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