BCD on Chinese Imports to be Delayed by 2-3 Weeks: MNRE Updated On Wed, Aug 5th, 2020 by Saurenergy The basic customs duty (BCD) on solar imports from China, which was supposed to be implemented from August 1, 2020, will be delayed by 2-3 weeks. The basic customs duty (BCD) on solar imports from China, which was supposed to be implemented from August 1, will be delayed for another two to three weeks, per […] Read more
RERC Increases Capacity by 400 MW under KUSUM Yojana Updated On Tue, Aug 4th, 2020 by Saurenergy In Rajasthan, Solar PV Projects Totaling 725 MW will be Installed now, under Component-A of the KUSUM Yojana The Rajasthan Electricity Regulatory Commission (RERC) has increased the capacity of solar PV projects to be installed in Rajasthan under Component-A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (KUSUM) Yojana by 400 MW. Rajasthan […] Read more
The same duties on imports of cells & modules are not going to serve the purpose: Prasoon Chaudhary Updated On Mon, Aug 3rd, 2020 by Saurenergy In a chat with Prasoon Chaudhary, Business Unit Head, Photovoltaic Solar Manufacturing at Pennar Industries Limited, we got his perspective on the many challenges the module side of the business faces today. After their success in the mounting structures business, the engineering goods firm is looking ahead to replicating the same level of success in […] Read more
China to add 251 GW of new wind capacity by 2029 Updated On Mon, Aug 3rd, 2020 by Saurenergy Subsidy phase-out to impact 16% of onshore wind capacity additions China is expected to add 251 GW of new wind power projects to its grid by 2029. According to a Wood Mackenzie report, the country’s wind power market could reach a cumulative grid connected capacity of 461 GW by the end of the decade. More […] Read more
There’s a dire need of stability in policies, commitment and political will: Sushil Bansal Updated On Fri, Jul 31st, 2020 by Saurenergy With the date for imposition of a fresh Basic Customs Duty on cell and module import drawing nearer, manufacturers in India are look to the future with guarded optimism. We spoke to Sushil Bansal, the Founder and Managing Director at Novasys Greenergy, an established firm with a 100MW capacity. Sushil has been responsible for the […] Read more
RBI Governor Hints at Power Sector Reforms Updated On Thu, Jul 30th, 2020 by Saurenergy For the next wave of growth of renewables, fast-paced changes need to be implemented Recently, the Governor of Reserve Bank of India (RBI), Shri Shaktikanta Das, addressed members of the National Council of the Confederation of Indian Industry (CII), regarding whether dynamic shifts are underway in the Indian economy. Stating that the country’s power sector […] Read more
NTPC Planning to Raise Rs 1000 Crore via Bonds Updated On Thu, Jul 30th, 2020 by Saurenergy NTPC will raise Rs 1000 crore on July 31 through the issuance of bonds on private placement basis for funding capital expenditure, etc NTPC Ltd has announced that it will raise Rs 1000 crore on July 31, 2020, through the issuance of bonds on private placement basis for funding capital expenditure, refinancing existing loans, among […] Read more
Government Keen on Removing Duty Concessions for Wind Turbine Parts Updated On Thu, Jul 30th, 2020 by Saurenergy The government is looking to withdraw the customs duty concessions that are offered to wind power developers for importing wind turbine parts Hot on the heels of the announcement that the safeguard duty (SGD) on Chinese origin solar equipment will be extended for another year, reports have surfaced that the government is now looking to […] Read more
With SGD Extended by 1 Year, Manufacturer’s Eye BCD Announcement in August Updated On Thu, Jul 30th, 2020 by Saurenergy Following the recommendations of the DGTR (Directorate General of Trade Remedies) last week, the government has formally notified the extension of the Safeguard Duty (SGD) by a year on Chinese origin solar equipment. The extension, till July 29, 2021, seeks to protect Indian manufacturers from alleged dumping by Chinese firms. Interestingly, there is no mention […] Read more
