Big Move! GST Council Trims Tax on EVs, Chargers to 5% Updated On Sat, Jul 27th, 2019 by Saurenergy According to the Finance Ministry statement, these changes will be effective from August 01, 2019. The GST Council chaired by Finance Minister Nirmala Sitharaman has decided to slash GST rates on all electric vehicles (EVs) to 5 percent from the existing 12 percent and has cut the current 18 percent GST on electric vehicle chargers or […] Read more
Waaree, Metafin Partner to Offer Lending Solutions Updated On Fri, Jul 26th, 2019 by Saurenergy The company said the loan will cover up to 70 percent of the total project cost and repayable through easy EMIs. To make solar energy more accessible, leading PV module maker and EPC services provider Waaree Energies has partnered with Metafin Cleantech, an NBFC specialising in renewable energy and clean tech, to provide easy lending. […] Read more
Magenta Power Launches EV Charging Stations Updated On Thu, Jul 25th, 2019 by Saurenergy This series of charging stations are best suited for community charging such as offices, malls and residential societies. In a bid to support government’s National eMobility program, solar power systems provider Magenta Power has launched its electric vehicle (EV) charging stations called ‘ChargeGrid’ series. The company said in a statement that this new series is […] Read more
EESL, NOIDA Join Hands to Install 100 Charging Stations Updated On Thu, Jul 25th, 2019 by Saurenergy The initiative is likely to save more than 4.04 tonnes of CO2 emissions per e-car per year. The government-backed Energy Efficiency Services Ltd (EESL) has entered into an agreement with the New Okhla Industrial Development Authority to fast-track the adoption of e-mobility by promoting robust EV infrastructure and installing around 100 public charging stations. The […] Read more
Tata Power-DDL Deploys Micro Drones for Maintenance Updated On Wed, Jul 24th, 2019 by Saurenergy It is using micro drones of less than 2 kgs in weight, along with flying capacity below 200 ft. With an aim to provide better service to its customers through the use of latest technological interventions, Tata Power Delhi Distribution (Tata Power-DDL) has initiated the use of drones for maintenance of its power lines, poles and […] Read more
Shakti Pumps Buoyant on Govt’s Scheme for Solar Irrigation Pumps Updated On Wed, Jul 24th, 2019 by Saurenergy As per the government sources, the project envisages implementation of overall 2.75 lakh agricultural pumps for FY 2019-20, the company added. One of the leading water pumps and motors makers Shakti Pumps India Ltd is quiet optimistic about the government’s mega scheme called Kisan Urja Suraksha Evam Utthan Mahabhiyan (KUSUM), for boosting use of solar-powered […] Read more
Avaada Energy to Implement 2 GW Open Access Solar Plants Updated On Wed, Jul 24th, 2019 by Saurenergy This renewable arm of Avaada Group has already commissioned more than 1.8 GW of renewable assets in the solar and wind space. Vineet Mittal-promoted Avaada Energy is in the process of implementing 2 GW of open access solar plants in five states i.e. Maharashtra, Tamil Nadu, Haryana, Karnataka and Orissa. This renewable arm of Avaada […] Read more
Usha Shriram Expands Footprint in Solar with On-Grid Inverters Updated On Tue, Jul 23rd, 2019 by Saurenergy Through the launch of its Eurolex Smart On-Grid Inverters, the company is ready to disrupt the market. Expanding its product portfolio in solar space, Usha Shriram, a multi-product company, has launched a unique range of smart on-grid inverters under the brand ‘Eurolex’. Through the launch of its Eurolex Smart On-Grid Inverters, the company is ready […] Read more
Private e-2 Wheelers Also Covered Under Phase-II of FAME: Arvind Sawant Updated On Tue, Jul 23rd, 2019 by Saurenergy The scheme aims to support via subsidies about 7,000 e-Buses, 5 lakh e-3 Wheelers, 55,000 e-4 Wheeler Passenger Cars and 10 lakh e-2 Wheelers. In order to further boost electronic public (e-public) transport in the country, the government has taken various initiatives under the second phase of FAME India Scheme (Faster Adoption and Manufacturing of […] Read more
