Orissa HC Issues Stay Order on Safeguard Duty on Solar Imports until August 20 Updated On Wed, Jul 25th, 2018 by Saurenergy The move came after the Directorate General of Trade Restrictions (DGTR) had recommended, last week, that safeguard duty on solar imports from China and Malaysia should be imposed for 2 years in a phased manner i.e. 25 percent for the first year, 20 percent for the first six months of the second year, and 15 […] Read more
Mytrah Energy Wins 100 MW Wind Power Project under MSEDCL Bid Updated On Wed, Jul 18th, 2018 by Saurenergy Country’s one of the leading independent power producer, Mytrah Energy (India) Pvt Ltd (MEIPL) has secured a 100 MW wind power project for the Maharashtra State Electricity Distribution Co Ltd (MSEDCL) through competitive bidding. The company has quoted a tariff of Rs 2.86 under the reverse e-auction for the 200 MW capacity and won the […] Read more
Azure Power’s Portfolio Surpasses 3 Gigawatts Updated On Tue, Jul 17th, 2018 by Saurenergy Azure Power wins 300 MWs with AA+ domestic debt rated government entity (SECI) at a tariff 8% above the lowest bid in the auction 87% of the 2.2 GW contracted pipeline are with counterparties that have A to AAA domestic debt ratings Over 1 GWs of the contracted pipeline are with sovereign counterparties Azure […] Read more
DGTR Recommends Safeguard Duty of 25% on Solar Panel Imports for First Year Updated On Tue, Jul 17th, 2018 by Saurenergy The Directorate General of Trade Restrictions (DGTR) has recommended imposing a safeguard duty on solar panels and modules imported from China and Malaysia for two years – 25% for the first year, 20% for the next six months and 15% in the last phase, citing injury to domestic industry. This follows seven months of intense […] Read more
Maharashtra to Tap Solar Projects on Large Dams Updated On Thu, Jul 12th, 2018 by Saurenergy At the Ujani dam, the project will cover 2,000 hectares or less than 1/15th of the total 34,000-hectare area of the reservoir. In order to shift from conventional source of energy to solar energy and to overcome the hurdles in acquiring private land for infrastructure projects, the government of Maharashtra has embarked upon the fleet […] Read more
Tata Power to Develop 250 MW Solar Projects at Pavagada Solar Park Updated On Wed, Jul 11th, 2018 by Saurenergy These projects will be set up at the Pavagada Solar Park in Karnataka and the energy will be supplied to the State Discoms under a 25-year Power Purchase Agreements (PPA). Power major Tata Power’s renewable arm, Tata Power Renewable Energy Ltd (TPREL), has received a Letter of Award from Karnataka Renewable Energy Development Ltd (KREDL) […] Read more
Viz-A-Viz with Sachin Jain, Co-Founder & CEO Oriano Solar Updated On Tue, Jul 10th, 2018 by Saurenergy Q. How do you see Indian rooftop market emerging? The Indian rooftop market has a huge potential. Currently, the C&I rooftop segment is adopting it through Capex or Opex model. Going forward, we see huge growth in the residential / household market as well. Q. What challenges do you think Indian rooftop solar faces currently? […] Read more
World Bank Okays $250 Mn for Rajasthan’s Electricity Distribution Sector Reforms Updated On Tue, Jul 10th, 2018 by Saurenergy This is the second loan for Rajasthan in the series of two operations planned for a comprehensive turnaround of the state’s electricity distribution sector. It’s first loan was closed in March 2017. The World Bank has approved USD 250 million development policy loan (DPL) aiming to help Rajasthan government in improving the performance of its electricity distribution […] Read more
Andhra Solar Park Projects Saw Lowest Bid at Rs 2.7 Per Unit Updated On Mon, Jul 9th, 2018 by Saurenergy Although the real auction took place last week, the reverse auction for 2,000 MW capacity discovered tariff of Rs 2.44 per unit. Under the reverse auction process, the companies backed by the financers from around the globe have seized the tenders to build 750 MW of solar power projects in Kadapa in Andhra Pradesh. The […] Read more
