Domestic Solar Power Industry Updated On Fri, Aug 10th, 2018 by Saurenergy Solar tariffs in India saw the lowest ever level of Rs.2.44 per unit in reverse auctions carried out by Solar Energy Corporation of India (SECI) in May 2017 for 200 MW and again twice in July, 2018, for 600 MW in each instance. As per the final findings dated 16th July, 2018, in the investigations […] Read more
NTPC asserts Additional Tariff for Bid Resubmission for 2GW Project Updated On Thu, Aug 9th, 2018 by Saurenergy Pre-qualified developers for NTPC tender show their concern about whether they would be allowed to pass on the incremental tariff because of the safeguard duty to distribution companies. Feeding the impacts of the safeguard duty on imports, state-run National Thermal Power Corporation (NTPC) has asked the pre-qualified bidders of 2GW solar power project to resubmit […] Read more
Dwarka Gets Delhi’s Largest Residential Rooftop Solar Plant Updated On Mon, Aug 6th, 2018 by Saurenergy The four societies which together house around 2000 residents and has 450 flats in Dwarka, will be the first ever project in on a large scale after IP Extension’s Milan Colony to have its own solar power plant. Delhi’s first large scale residential rooftop solar power plant has been sanctioned for four societies in Dwarka sub city. […] Read more
MNRE Appeals Exclusion of Solar Projects under Execution from Safeguard Duty Updated On Mon, Aug 6th, 2018 by Saurenergy The ministry has put up an urge to exclude projects bid out before 31st July as the safeguard duty came into effect on July 31st. The Ministry of New and Renewable Energy (MNRE) has urged the Finance Ministry to exempt solar projects under implementation from the 25 percent safeguard duty on solar goods from China […] Read more
SECI Cancels Solar Bids for 2,400 MW Projects Updated On Fri, Aug 3rd, 2018 by Saurenergy ACME is the only developer that was allotted the 600 MW SECI solar project which had quoted lowest tariff of Rs. 2.44 per unit. Solar Energy Corporation of India (SECI) has cancelled the allotment of 2400 MW of auctioned solar projects after the auction of 3000 MW of solar projects held on July 13. While […] Read more
Around 69,784 MW of renewable energy capacity has been installed in the country as on 31.03.2018 Updated On Mon, Jul 30th, 2018 by Saurenergy Renewable energy installations in the country are progressively increasing and do not appear to be facing any major challenges Renewable energy sector in India is attracting companies from across the world In the year 2016-17, aggregate capacity of around 11,322 MW of renewable energy was installed in the country, and in year 2017-18, aggregate capacity […] Read more
Solar Industry Seeks Clear GST Rates on Solar Projects Updated On Mon, Jul 30th, 2018 by Saurenergy The solar industry association has written to the authorities after the Authority for Advance Rulings (AAR) upheld the rate to be at 18 percent and not 5 percent GST rates on Solar Projects. Solar Power Developers Association (SPDA) has sought clarity on the GST rates on solar projects from the solar policy makers, including important […] Read more
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
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
