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Solar Power Juggernaut Will Keep Rolling Despite Higher Taxes Under GST

According to a list of 1,211 items released after the meeting of the GST Council, which comprises finance ministers of all the states of the Union, “Photosensitive semiconductor devices; including solar photovoltaic cells, whether or not assembled in modules or made up into panels”, will be charged at a rate of 18 Goods and Services […]

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Surana Solar Wins 5MW Rooftop Solar PV Project in Andhra Pradesh

Kakinada Smart City Corporation’s 5MW Rooftop Solar PV Project will be developed under the RESCO model for at Rs.5.25 ($0.081)/kWh. Surana Solar has won the bid to develop 5MW of grid-connected rooftop solar PV Project in Kakinada City, Andhra Pradesh with a lowest tariff quoted at Rs.5.25 ($0.081)/kWh. The bids were tendered by Kakinada Smart […]

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ABB to appoint KPMG as external auditor from 2018

ABB’s decision to appoint KPMG as external auditor was taken following a year-long comprehensive external auditor tender process initiated in 2016 in line with international good governance practices. ABB has announced that its Board intends to appoint KPMG as its external auditor effective for the financial year 2018. ABB notes that this decision to appoint […]

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NTPC likely to be mandated to meet its entire auxiliary power requirement through domestic solar equipment: Report

Nearly 2000 MW of NTPC auxiliary power generation can be replaced by solar energy. Indian government is reportedly looking at means to aid domestic solar equipment manufacturing industry despite facing criticism at WTO for the domestic content requirement clause in the JNNSM. BusinessLine citing a top government official reports that towards this end, NTPC may […]

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Haryana govt. exempts solar devices from VAT to encourage manufacturing in the state

Solar devices exempted from VAT includes solar lanterns, solar home systems, stand-alone street lighting systems, solar water heating systems, solar water pumping systems, solar cooker boxes and dish type, solar chargers or inverters and solar photovoltaic modules. The Haryana government has exempted solar devices, equipment or parts used in installation of solar power projects from […]

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Foxconn and SoftBank to Bring World’s Cheapest Solar Power in India

SBG Cleantech Ltd., the clean-energy joint venture between Japan’s SoftBank Group Corp., India’s Bharti Enterprises Pvt. and Taiwan’s Foxconn Technology Group quoted 2.45 rupees to scoop up the 300 MW solar power project. Companies led by SoftBank Group Corp. of Japan and Taiwan’s Foxconn Technology Co. Ltd. are bringing India some of the cheapest solar […]

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NLC Invites Bids for 20 MW of Solar PV Project with BESS in South Andaman

In its tender document, NLC mentions that the successful bidder will also provide for 33kV Switchyard and grid interconnection at the take off points of Electricity Department of Andaman & Nicobar Administration along with other scope of works for 20 MW of Solar PV Project with BESS. The Neyveli Lignite Corporation (NLC) has tendered installation […]

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SECI issues NIT for the engagement of Agency for hiring of Professional Support Staff at its registered office

Last date for submission of the bid for engagement of Agency for hiring of Professional Support Staff at Solar Energy Corporation of India Limited (SECI) is 5th June 2017. Solar Energy Corporation of India Limited (SECI) is inviting bids from the eligible Bidders/Firms/Agencies to participate in the Notice Inviting Tender (NIT) for “The engagement of […]

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