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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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RECPDCL Tenders 10 MW of Grid Connecting Rooftop Solar in Assam Under CAPEX Model

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APDCL has appointed RECPDCL as Project Management Consultant (PMC) for implementation of grid connected rooftop solar PV power plants of total 10 MW capacity REC Power Distribution Company Limited (RECPDCL) is inviting bids for 10 MW grid connected rooftop solar project in Assam of behalf of Assam Power Distribution Company (APDCL). The rooftop solar projects […]

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Government Should Remove Service Tax for the Installation & Commissioning of RE Projects: Vikram Solar

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Keeping in mind the nature of the industry and to bestow more power generation capacity under the RE Sector, the Government should remove service tax for the installation & Commissioning Gyanesh Chaudhary, CEO and Managing Director, Vikram Solar in his budget expectation statement said keeping in mind the nature of the industry and to bestow […]

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Two Mega Solar Parks With Total Capacity Of 7500 MW To Come Up In Ladakh

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The J&K Government has signed MoU with the Government of India for the development of two mega solar parks of 5000 MW capacity in Leh district and 2500 MW capacity in Kargil district The Jammu and Kashmir government has recently signed a MoU with the Centre for the development of two mega solar parks with […]

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