ICRA Places 4 GW Projects At Risk Of Escalations Due To Higher Import Costs Updated On Thu, Jun 17th, 2021 by Saurenergy The hiked prices of imported solar PV modules by nearly 15-20% over the last 4-5 months, may impact the returns of solar power project developers. According to a recent release by the independent rating agency ICRA, the price rise in imported solar modules has been mainly caused due to anincrease in the price of polysilicon, […] 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
With Intense Covid 2nd Wave, SPDA Appeals For a Further 3 Month Breather From MNRE Updated On Mon, Apr 19th, 2021 by Saurenergy The Solar Power Developers Association (SPDA), a key representative body for solar developers, has appealed to the MNRE for a further 3 month extension on top of the 5 month extension granted back in 2020, for completing solar projects. The association counts large developers including Avaada power, Azure Global, Acme Solar and ReNew Power amongst […] Read more
Bangladesh Needs a Renewables Focus, Not a Switch From ‘Coal to Gas’: IEEFA Updated On Fri, Apr 16th, 2021 by Saurenergy Renewables are cheaper and more sustainable than gas imports, and can provide better energy security in developing nations The emerging markets of Bangladesh and Vietnam are alluring for foreign energy companies looking to make money in the region. But these nations stand to lose both economically and environmentally through a pivot from coal to gas. […] Read more
“I have not witnessed a demand like this for the last five years” Updated On Tue, Sep 29th, 2020 by Saurenergy Established in 2013, Artha Energy Resources (AER), is a boutique investment bank and developer focusing primarily in the renewable energy sector. It is India\s first and only investment bank focused on the Indian renewable energy sector. Currently, Artha Energy Resources has advised on renewable energy transactions worth $812 million, including 150 MW in large hydro projects, […] Read more
MNRE Issues Amendments for its Dispute Resolution Mechanism Updated On Mon, Sep 28th, 2020 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has issued amendments to the guideline for the operation of its Dispute Resolution Mechanism to consider the unforeseen disputes between solar and wind power developers and SECl/ NTPC/ NHPC, beyond their contractual agreements. A few key amendments made by the ministry: 1. The DRC will consider all […] Read more
SECI Fails To Wriggle Out of MERC Jurisdiction. Faces MSEDCL Claims for Damages Updated On Tue, Sep 15th, 2020 by Saurenergy In an order with possibly far reaching consequences for SECI (Solar Energy Corporation of India), the Maharashtra Electricity Regulator (MERC) has opted to place the central government undertaking on the dock, for a claim brought in by MSEDCL (Maharastra state Electricity Distribution Company Limited). MSEDCL’s main complaint against SECI, which it opted to bring before […] Read more
Rs 50K Crore Loss in Forex if SPDs Exempted from Customs Duty: AISIA Updated On Tue, Jul 14th, 2020 by Saurenergy India will lose nearly Rs 50,000 crore in foreign exchange (forex) if SPDs are given exemption from basic customs duty on Chinese imports, AISIA has said. India will lose nearly Rs 50,000 crore in foreign exchange (forex) if solar power developers (SPDs) are given exemption from basic customs duty on Chinese imports, the All India Solar […] Read more
Valid PPAs Before Aug 1 to get Exemption on Higher Duty on Imports Updated On Mon, Jul 6th, 2020 by Saurenergy Solar projects with valid PPAs before August 1, 2020, will be exempted from the proposed higher import duty on solar equipment and components. Solar power developers, that are still on course or in the process of starting work on the development of new solar projects in the country might be exempted from paying the newly proposed […] Read more
