India Imposes 25% Safeguard Duty on Solar Imports Updated On Tue, Jul 31st, 2018 by Saurenergy 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 […] Read more
Beach Resort ‘Outrigger’ First on the Island to Harness Sunlight Updated On Mon, Jul 30th, 2018 by Saurenergy 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 […] Read more
Sale of ‘Reliance Energy’ to Adani Transmission Next Week: RInfra Updated On Mon, Jul 30th, 2018 by Saurenergy 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 […] Read more
Tata Power Shareholders Nod to Raise Rs 5,500 Cr via NCDs Updated On Mon, Jul 30th, 2018 by Saurenergy 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 […] Read more
SECI Extends Bid-Submission Deadline for Rihand Dam 150 MW Solar Tender Updated On Mon, Jul 30th, 2018 by Saurenergy 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 […] 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
SMEV Seeks Efficiency Based Subsidy for EVs Updated On Mon, Jul 30th, 2018 by Saurenergy 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 […] Read more
Essel invests Rs 1750 Cr for Electric Vehicle Charging Stations in UP Updated On Mon, Jul 30th, 2018 by Saurenergy 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 […] Read more
Over 1,500 Customers Apply for Duke Energy’s North Carolina Solar Incentives Updated On Sat, Jul 28th, 2018 by Saurenergy For an installation of 10 kW or less, the customers will receive a rebate of 60 percent per watt of solar energy production. More than 1,500 customers from North Carolina have applied to redeem incentives of Duke Energy’s Solar Rebate Program. The customers will receive incentives for installing private solar energy systems in first few […] Read more
