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India Imposes 25% Safeguard Duty on Solar Imports

Finance ministry has imposed a safeguard duty of 25 percent on the imports from July 30, 2018 to July 29, 2019 and a gradually reduced rate of 20 percent from July 30, 2019 to January 29, 2020 and 15 percent from January 30, 2020 to July 29, 2020. Keeping in view the interests of the […]

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Enerparc India Commissions Rooftop Solar Project for Bharat Fritz Werner

Enerparc India, a subsidiary of global solar solution provider Enerparc AG is glad to announce the commissioning of 980 kWp solar project at Bharat Fritz Werner Ltd. (BFW) located at Bengaluru, Karnataka. The project has been financed, constructed and executed by Enerparc through its investment special purpose vehicle, which would sell the solar power to […]

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Beach Resort ‘Outrigger’ First on the Island to Harness Sunlight

The resort is first of its kind on Mariana Island where using solar energy to generate electricity was just a dream prior to the installation. Off the western pacific coast of the U.S., Outrigger Guam Beach Resort has collaborated with O3 Energy of Mariana to install rooftop solar panels to generate some of the required […]

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Sale of ‘Reliance Energy’ to Adani Transmission Next Week: RInfra

The Definitive Binding Agreement for the Rs. 18,800 crore ‘Reliance Energy’ deal between RInfra and ADL was signed in December 2017.   India’s leading infrastructure player, Reliance Infrastructure (RInfra) declares completion of sale of its Mumbai based power distribution firm ‘Reliance Energy’ to Adani Transmission (ADL) by next week. The Definitive Binding Agreement for the […]

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Tata Power Shareholders Nod to Raise Rs 5,500 Cr via NCDs

BSE filing states that Tata Power had sought shareholders’ permission to issue NCDs at the annual general meeting held last week. Tata Power claims it has got shareholder’s nod to raise Rs. 5,500 crore through issuance of Non-Convertible Debentures (NCD) on private placement basis. A BSE filing states that the company had sought shareholders’ permission […]

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SECI Extends Bid-Submission Deadline for Rihand Dam 150 MW Solar Tender

The deadline of the bid submission has been extended up to September 4, 2018. The Solar Energy Corporation of India (SECI) has extended the bid submission deadline for the tender of 150 MW grid connected floating solar power project to be installed at Rihand Dam, Uttar Pradesh. The deadline of the bid submission has been […]

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Around 69,784 MW of renewable energy capacity has been installed in the country as on 31.03.2018

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 […]

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SMEV Seeks Efficiency Based Subsidy for EVs

SMEV opposes the current proposal of linking subsidy to the battery capacity as it does not include the efficiency of the electric vehicles as a factor. Society of Manufacturers of Electric Vehicles (SMEV), association of electric vehicle makers in India, has sought to link government electric vehicles subsidy to certified efficiency parameters of speed and […]

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Essel invests Rs 1750 Cr for Electric Vehicle Charging Stations in UP

Inaugurated by PM Modi, the stations and the swapping technology are the part of Essel Group’s Essel Green Mobility Limited program. The initiative comes along an investment of Rs. 1750 crore. To foster the use of Electric Vehicles in the country, the ESSEL Group’s Essel Infraprojects (EIL) has launched its electric vehicles charging stations and […]

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