Government to Impose 5 Percent Tax Under GST on Cables and Batteries for Solar Power Updated On Mon, Jul 31st, 2017 by Saurenergy Due to the inverted duty structure, developers will first pay the higher tax and then claim a tax refund against the five per cent slab while filing the returns. The credit reversal will be possible only if the renewable energy project developer submits invoices to the government regarding procurement and tax paid. The government is […] Read more
Government Extends Projects deadline Granting Major Relief to the Solar Power Developers Updated On Mon, Jul 31st, 2017 by Saurenergy Developers had raised an alarm over a letter from the Ministry of New and Renewable Energy (MNRE) this month directing all states to strictly enforce deadlines for solar projects, eschewing extensions. The government has granted major relief to solar power developers, allowing deadlines for project development to be extended in cases where there were delays […] Read more
Haryana Executing Solar Power-Run Micro Irrigation Project Under PMKSY Updated On Fri, Jul 28th, 2017 by Saurenergy It is one of-its- kind project in the country which will draw energy from solar power and the grid, and will be connected to the nearest 11 KV line through hotline to ensure uninterrupted power supply. The Haryana government is executing a unique solar power-run micro irrigation pilot project under the Pradhan Mantri Krishi Sinchai […] Read more
Chandigarh’s Solar Power Ambitions Hit Roadblock Updated On Thu, Jul 27th, 2017 by Saurenergy Solar projects of around 6 megawatt of the society, which is already struggling to meet the target of generating solar power set by central government, are hanging fire for want of mandatory NOC from the power department. UT electricity department’s stand not to issue no-objection certificates (NOC) for gross-meter solar power connections has put Chandigarh […] Read more
Pimpri Municipal Corporation Building to Get 50kW Solar Power Updated On Tue, Jul 25th, 2017 by Saurenergy The Civic Administration of Pimpri plans to implement a 50kW solar power generation project, and has invited bids from contractors. The project cost is estimated at Rs. 48 lakh. The Civic Administration will be implementing a solar power generation project at the Pimpri Chinchwad Municipal Corporation building in Pimpri, in a bid to cut costs. […] Read more
Solar Power to Get Cheaper than Electricity Grid for Residential Sector in Next Two Years Updated On Tue, Jul 25th, 2017 by Saurenergy solar energy in India has already reached ‘grid parity’ in commercial, industrial and utility sectors, and soon solar power would be achieved in residential sector as well. In the next two years, solar power will be cheaper than the electricity grid in the residential sector, says solar energy provider SunSource Energy which has successfully implemented […] Read more
Jakson Group to Set Up New Manufacturing Solar Power Plant in Guajart Updated On Mon, Jul 24th, 2017 by Saurenergy Jakson Group will invest Rs 700 Crore in a new production plant for solar power modules in Gujarat that will have a capacity of 1,000 MW of solar modules and 250 MW of solar cells in three years. At a time when most domestic solar manufacturers are struggling with idle capacity in the face of […] Read more
Gurugram Gets Fresh Push for Solar Power, Encourages Solar Rooftop Installations Updated On Sat, Jul 22nd, 2017 by Saurenergy Though the Haryana government made installation of solar power system mandatory, still not much has been seen in the last few years. District Administration of Gurugram is now trying to give solar power a fresh push and educating people on the benefits of solar energy. The District Administration of Gurugram is planning to organize a […] Read more
Finland’s Taaleri Mulling to Acquire Solar Power Projects in India Updated On Fri, Jul 21st, 2017 by Saurenergy Taaleri is actively looking for acquiring solar power projects in India. The wealth management and financing company will utilize its Solar Wind fund to invest internationally in renewable energy India’s solar low-tariff is marking a significant global approach as more international companies are eyeing towards India’s solar market. Now a Finland wealth management and financing […] Read more