SUBSCRIBE NEWS LETTER

MMRC to Harness Solar Energy for Metro 3 Project

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To power the part of the under-construction Metro 3 Project, MMRC plans to use solar energy as part of its green initiatives. AS PART of its green initiatives, the Mumbai Metro Rail Corporation (MMRC) plans to use solar energy to power part of the under-construction Metro 3. It plans to use solar energy at the […]

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Tamil Nadu to Get 500MW Solar Power Plants at Rs 2170 crore

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NLC India Limited has released tenders to set up solar power plants in various parts of Tamil Nadu NLC India Limited has proposed to set up solar power plants at the cost of Rs 2170 crore with a total capacity of 500 Megawatt in various parts of Tamil Nadu. The company has floated tenders and […]

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Budget 2017 Brings Lower Indirect Levies for Renewable Energy Equipment

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FM proposes lower excise and customs duties on renewable energy equipment and materials used in solar cells/panels/modules Giving a boost to clean energy programme, Finance Minister Arun Jaitley has proposed massive cuts in excise and customs duties on materials used in solar and wind plants, and also announced the second phase of solar park development […]

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Solar Power To Feed 7,000 Railway Stations: Arun Jaitely

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“It is proposed to feed about 7,000 stations with solar power in the medium term. A beginning has already been made in 300 stations. Works will be taken up for 2,000 railway stations as part of 1000 MW solar mission” Finance Minister, Arun Jaitely presenting Union Budget 2017 announced that 7000 railways stations in the […]

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Budget 2017-18 proposes Reduction in Customs and Excise for Renewable Energy Sector

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In a bid to incentivize domestic value addition under Make in India initiative of the Government, the Finance Minister has proposed to reduce Customs and Excise duties on several items related to the Renewable Energy Sector The Union Minister for Finance and Corporate Affairs, Arun Jaitley while presenting the General Budget 2017-18 in Parliament today […]

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Hero Future Energies Adopts SAP S/4HANA to Power Digital Transformation

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By adopting SAP S/4HANA, Hero Future Energies will have a proven foundation to take the lead in this age and transform into a ‘Live Business’ Hero Future Energies has adopted SAP S/4HANA to bring about digital transformation through end-to-end business process integration and provide operational, financial efficiencies across 25 project sites in India. SAP S/4HANA […]

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Training of “Solar Mamas” have been successful in enhancing India- Nauru relationship: President Pranab Mukherjee

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Our collaboration in creating a Centre for Excellence in Information Technology in Nauru and our initiative in solar electrification of two hundred homes in Nauru through the training of “Solar Mamas” have been successful President Pranab Mukherjee extending his greetings and felicitations to the Government and people of the Republic of Nauru on the eve […]

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Solar players expect tax incentives in budget, uncertainty over GST remains

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According to Solar players’ continuation of appreciated depreciation, a financial incentive, along with concessional interest rates and use of Rs 54,000 crore National Clean Energy Fund could be crucial to achieve country’s ambitious target. Amid uncertainties over the impact of Goods and Services Tax (GST) and Make in India programme being affected by falling prices […]

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ReneSola announces ratio change for the Company’s American Depositary Receipt (“ADR”) program

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For ReneSola’s ADS holders, this Ratio Change will have the same effect as a one-for-five reverse split. ReneSola has announced a ratio change for the Company’s American Depositary Receipt (“ADR”) program. As a result, the number of the Company’s shares represented by each American Depositary Share (“ADS”) will be changed from two (2) shares to […]

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